Is Cyber-Crime on the Rise in Nigeria?

In Morning Crossfire 2019-10-03 11:49:44
Is Cyber-Crime on the Rise in Nigeria?
Is Cyber-Crime on the Rise in Nigeria?

Morning Crossfire today looks at the issue of cybercrimes. How serious is the issue? Can it be contained? How should the individual protect himself from the danger of fraud online? What can organizations do to protect their data?


Wemimo Adewuni and Sheriff Lawal are on hand accompanied by a guest, Stephen Lawal, who is a cyber security expert. He came on the show a few months ago. Now he sheds more light on the issue, saying that the threat changes from time to time and Nigeria has to be proactive and reactive.


As the internet become more accessible, there are more services also available. More people rely on it on a daily basis.  A UN report says that cybercrime is increasing in Africa than anywhere else worldwide. Also, Nigeria is ranked 3rd among countries known for cybercrime. while Uk and US ranke 1st and 2nd.


There’s been much work to curb cybercrime worldwide. In Nigeria, the EFCC is cooperating with the FBI to combat crime.


According to Stephen, “because money is involved, more people are focused on it. People would always mention Nigeria anywhere there is a business meeting. Here in Nigeria police go around trying to arrest people with laptops and I always thought that is not an effective way to go around it. Because these policemen do not have real evidences, they’re not solving the problem. It’s a weak strategy to stop people from moving about with computers and mobile phones. For God’s sake, we live in an information age.


“There is what is known as forensic investigation. It is the best way to capture evidence when a crime is committed. You have to have the facts right. You’re tracing the trail, step on the technology, because nothing is actually hidden online.”


Stephen believes that Nigeria has enough people who understand the rules and are cyber security experts. But he can’t say if these are the ones who do the law enforcement agencies. “It is important for our own law enforcement agencies to do it right.”


Wemimo comments on the fact that more Nigerians have phones, laptops and other gadgets. How much awareness is there in Nigeria about the right use of the internet?


Stephen says that as far as we are concerned, those who make use of internet in Nigeria should know that they are more exposed. Then he goes on to explain how hackers attack their victims.


BEC (Business Email Compromise): This targets business organization telling them to do business compromise, like urging them to send money to another account instead of the original.


VEC (Vendor Email Compromise) : In this case, the hackers use Office 365, which is commonly used in business transactions.


Phishing: This is where a person is sent an email and is tricked to click a link. The senders of the email may have studied the company very well and know who is who. Once the receiver signs in on another page, he or she is asked to log in. Usually, when he or she does, someone else will receive the information they want.


In most cases, a greedy person falls for these hoaxes. Stephen says that those who often fall for it get offers that are too good to be true. Once this is received, it is really not true. Today, online frauds are perpetuated through many means such as websites, apps, mobile phones, and more.


Learn how to protect yourself and your family from cybercrime. Click Here.


Morning Crossfire with Wemimo Adewuni (@wemimospot) & Sheriff Quadry (@SheriffQuadry)


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Posted by Jude Chukwuemeka