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

TSO Explains Endorsement of Nwifuru for Second Term

The Tinubu Support Organisation (TSO), South-East Zone, has attributed its endorsement of Ebonyi State Governor Francis Nwifuru for...

Same Tinubu, Different Showunmi? His 2023 Criticism Returns to Haunt Him

SAME TINUBU, DIFFERENT SHOWUNMI? WHAT HAPPENED TO OTUNBA SEGUN SHOWUNMI’S 2023 CRITICISM? HE WAS NAILED BY HIS OWN...

I-G Urges Hotels, Transport Operators To Adopt Digital Manifest System

The Inspector-General of Police (I-G), Mr Olatunji Disu, has urged hotel owners, hospitality operators and transport unions to...

Chief Dr. Acho Orabuchi Radiates Hope To Orphanage In Owerri, Donates Generously

The spirit of philanthropy and brotherly love came alive in Owerri, Imo State, as a distinguished son of...