•The
recovered fake dollar notes and other items
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Cyber-crime originating
from Nigeria is worth US$9.3 billion yearly, President of Cyber Security
Association of Nigeria (CSEAN), Mr. Remi Afon, has said. He spoke in a statement
in Abuja on the planned launch of CSEAN in Lagos and award of certificates to
new members.
The Nation report continues:
Afon
said although there were no available statistics on volume of malware being
generated from the country, “based on research by Palo Alto Networks in 2014
and fire eye 2015, activities of cyber criminals in Nigeria is now shifting
from phishing emails to actual exploit through malware”.
“It
is estimated by Dutch investigation firm, Ultrascan, that Nigeria-based
cybercrime is costing around US$9.3 billion (£5.5b) globally each year,” he
added.
He
lauded efforts of the Federal Government to combat the menace.
President
Goodluck Jonathan administration signed the Cybercrime Bill into law on October
24, 2014.
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