Nigeria loses 500 million dollars to cybercrime annually – Chiemeke

Date:

Share post:

The Vice Chancellor University of Delta, Agbor Prof. Stella Chiemeke has said that Nigeria is among the countries most affected by Cybercrime with an estimated annual losses of five hundred billion dollars.

Prof Chiemeke made the assertion while delivering a paper titled, Cyber security and business survival in Nigeria: Building Customers’ Trust, at this Year’s 7th Southern zonal Accountants’ Conference, in Warri.

The Vice Chancellor said the attacks could take many forms, including phishing, ransomware, business email compromise and a lot more.

She said it has posed a significant threat to individuals, businesses, organisations resulting in huge financial losses.

While saying that only thirty percent of organizations in Nigeria have Cyber security awareness, Prof. Chiemeke called on organizations across the country to put in place robust cyber security measures to check the ugly trend.

She said this will help to build customers’ trust and keep such organizations free from continuous financial losses.

spot_img

Related articles

Gumel Hails Senior Female Volleyball Team For Breaking 16-year Jinx, Qualification For 2028 Olympics

By Dianabasi Effiong The President of the Nigeria Olympic Committee (NOC), Habu Gumel, has congratulated the Senior Female National...

CSOs ​‌‌commend FEC move to decriminalise attempted suicide, urge bill passage

The Nigerian Mental Health and Nigeria Suicide Prevention Advocacy Working Group, have commended the Federal Executive Council (FEC)...

APGA Senatorial Candidate Sues For Calm after murder of supporter

The All Progressives Grand Alliance (APGA) Candidate for Ebonyi North Senatorial district Chief Chikaodili Ojimba has urged party...

Talba urges harmonisation of energy policies

Dr Imamuddeen Talba, Pioneer Chairman, Steering Committee of the Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A), has...