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Cyber crime (Yahoo Yahoo) Victims Lose N80bn Yearly 


Wife of the President, Patience Jonathan has said that victims of cybercrime lose about $500m (about N80bn) annually worldwide, noting that its effect is more devastating than war.
Speaking at the 2013 World Cyber Security Conference held at the Banquet Hall of the Presidential Villa on Tuesday,
Patience pledged to take the fight against cyber crimes to schools and the grassroots to protect the youths from its
repercussions.
She observed that a recent report released by Systematic Corporation of USA indicated that internet crime had reduce drastically in Nigeria, adding that the nation had been given
the right to establish a Regional Cyber Security Centre.
The First Lady pledged to create awareness of basic online
security measures and develop practical tools to help minimize risks, and expressed her commitment to ensure that the African child is protected from cyber crime and
abuse.
She stated that institutional and human cyber security capacities should be built to reduce online child exploitation and legal measures taken to ensure passage of the Cyber Security Bill.
The First Lady disclosed that Nigeria has signed a Memorandum of Understanding with the International
Telecommunication Union to collaborate on Child Online
Protection.
A former Israeli Prime Minister, Ehud Barak canvassed for
a globally coordinated effort to fight cybercrime and cyber
terror, and called for synergy between the Executive, the
Legislature and the Judiciary to ensure quick passage of
the Cyber Security Bill.
Barak who described Nigeria as one of the potentially
richest countries in the world, pointed out that in spite of
the various challenges facing the nation, it is moving in the
right direction.
He said, “Considering the sophisticated nature of cyber
crime, every country should establish an organisation to
fight cyber crime, make sophisticated research. In the past,
there was a limited impact of terror compared to modern society where things are totally different. This war requires patience to learn from past mistakes of other nations, and fight to have a better future together”.

Comments

  1. Aburekhanlen Hendrix Ayemere19 September 2013 at 07:28

    Nice move... Cyber crime really eating deep into our country and its high time we device a means of putting it to an end or it will result to something else.. In developed country like UK and US, cyber and internet security intruding holds a very high penalty in according to their constitution. Nigeria should not be left out in such cases. Policies like this will also contribute to the growth of country and it will also put us on high esteem in the international world in terms of internet dealings..

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