Tag: Cybercrime
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EXCLUSIVE: Between Naira Marley and Internet fraud in Nigeria [Infographics]
As the menace of Internet fraud, also known as ‘yahoo yahoo’, continues to spread across Nigeria, the Economic and Financial Crimes Commission (EFCC) has, between June 2018 and June 2019, arrested no fewer than 517 Internet fraudsters, aka ‘yahoo boys’, in Nigeria, including arresting singer Azeez Fashola, popularly known as Naira Marley, for suspected Internet…
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We must checkmate cybercrime, says Danbatta
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Umar Garba Danbatta has said the Commission in line with its mandate will continue to collaborate with the industry’s stakeholders especially on the issue of cybercrime. Danbatta reiterated this at the 88th Edition of Telecom Consumer Parliament with the theme ‘’Challenges of Cybercrime: The Role…
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NCC addresses disclosure of subscribers’ identity by telecom operators
The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, says it is an offence for any telecommunication operator to disclose data of subscribers on their network. Danbatta said this at the 88th Edition of the Telecom Consumer Parliament (TCP) with the theme: “Challenges to Cybercrime: The Role of Telecom Service Providers ” on…
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NCC, ONSA go tough on fake mobile devices
Worried by the recurrent cycle of fraudsters deploying their trade via fake and substandard mobile devices, the Office of the National Security Adviser (ONSA) in collaboration with the Nigerian Communications Commission (NCC) and other government agencies, yesterday set up committees to combat the situation. TheNewsGuru (TNG) reports the two joint committees set up are the…
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NCC takes enlightenment campaign against cybercrime to Niger State
The Nigerian Communications Commission (NCC) has taken its enlightenment campaign against cybercrime to Mokwa Local Government Area of Niger State, to sensitise telecommunications consumers to the rising wave of the scourge. This is contained in a statement issued in Abuja on Thursday by Mr Nnamdi Nwokike, NCC Director of Public Affairs. He said that the…
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NCC, Judiciary, to jointly fight cybercrime
The Nigerian Communications Commission (NCC) on Wednesday called for the cooperation and contributions of the judiciary to checkmate rising cases of cybercrime in the country. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, made the plea in Lagos during the “2018 Annual Workshop for Judges on Legal Issues in Telecommunication’’. He said that in…
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Cybercrime damage to hit $6 trillion
Cyber security ventures are suggesting that damage by global cybercrime would hit six trillion dollars annually by 2021, Mr John Bray, U.S. Consul-General in Nigeria, has said. Bray made the disclosure at the opening of a two-day conference organised by Cyber Security Experts Association of Nigeria (CSEAN) in Lagos on Wednesday. The consul-general, at the…
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Cybercrime damage would hit $6 trillion annually by 2021 – U.S. envoy
Cyber security ventures are suggesting that damage by global cybercrime would hit six trillion dollars annually by 2021, Mr John Bray, U.S. Consul-General in Nigeria, has said. Bray made the disclosure at the opening of a two-day conference organised by Cyber Security Experts Association of Nigeria (CSEAN) in Lagos on Wednesday. The News Agency of…
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High cost of cybercrime in Africa cause for concern
Ken Munyi has decried the high cost of cybercrime in Africa is a cause for concern, and that African businesses need to take more decisive steps to prioritise data protection and enhance enterprise security in order to mitigate the high cost of cyberattacks. TheNewsGuru reports Munyi, Country Manager at iWayAfrica Kenya says the millions of…
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Cybercrime costs $600 billion annually – McAfee
Fuelled by growing sophistication of hackers and proliferation of criminal marketplaces and cryptocurrencies, the annual cost of cybercrime has hit $600 billion worldwide, researchers said Wednesday. A report by the security firm McAfee with the Centre for Strategic and International Studies found theft of intellectual property represents about one-fourth of the cost of cybercrime in…