The Nigeria Deposit Insurance Corporation has called for national and international collaboration between governments, law enforcement and the private sector to check the increasing spate of cybercrime in the country.
The Head of Information Technology Department of the NDIC, Mr Imade Uhunmwagho, made the call at the 2021 workshop for the Financial Correspondents Association of Nigeria in Ibadan on Friday, the News Agency of Nigeria reports.
In a lecture titled; ‘Cybercrime and Cybersecurity Landscape in Nigeria: The Need for Consumer Protection’, Uhunmwagho, said national coordination, data collection and effective legal frameworks would help to discourage the act.
”Cybercrime poses a great threat to individuals and organisations, hence the need for increased efficiency and effectiveness in the investigation, prosecution and adjudication of the crime,” he said.
He noted that the absence of sufficient and strong laws to prevent and punish cybercrimes; the quest for wealth among others, had blended to make crime a major problem in the country.
He listed some cybercrimes affecting businesses in the country to include phishing attacks and website spoofing; while others are, ransomware and malware attacks, Business E-mail Compromise, romance scams, investment scams, BVN fraud, identity theft and cyberstalking.
“Cybercrime is a fast-growing type of crime. It has caused serious harm and poses very real threats to unsuspecting victims. More criminals are exploiting the speed, convenience and anonymity of the internet to commit a diverse range of criminal activities that know no borders; either physical or virtual.
“Efficient and effective short and long-term response to cybercrime by the government at all levels would guarantee greater deterrence,” he said.
