There is a growing fear in the banking industry.

And it has resulted in a silent panic.

Societynow.ng’s investigation revealed the cause of this development as the handiwork of Hackers.

The dreads of the online network system are said to have targeted and breached the system of four popular banks in Nigeria.

Societynow.ng gathered the individuals who specialized in gaining unauthorized access to data were responsible for the recent collapse of some bank’s operating system.

Digs by societynow.ng revealed that the Hackers breach of the bank’s system resulted in major downtime as in-house experts and hurriedly hired professionals worked to contain the situation.

One of the banks involved has a well known national figure and his loyalists as “power behind the scene”. It has one of the youngest Chairmen in the country.

Another of the affected financial institution is well known for its flair for fashion and style. It has a perceived no-nonsense CEO who has refused to relent in weeding out loyalists of his predecessors irrespective of experience and expertise.

Added to the list is the financial institution with a name that sounds like that of a popular state of aquatic splendor.

Societynow.ng gathered that after “surviving” the attacks that made a nonsense of the operations of the banks, the management of the affected financial institutions are currently trying to determine the “gravity of the development relating to stolen data if any”.

The added investigation conducted by societynow.ng revealed that “other banks” are currently “beefing up” the security of their systems to avoid falling victims of Hackers attack.

Societynow.ng learned the “fear” and “silent panic” in the banking community are been intensely protected for “obvious reasons”.

“It is, however, instructive to note that all the affected banks are meeting up with banking responsibilities post the attack” a source stated.