Skip to main content

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..

    ReplyDelete

Post a Comment

Popular posts from this blog

10 Important Cybersecurity Practices for your Business

  10 Important Cybersecurity Practices for your Business 1. EDUCATION  It’s much easier to prevent a hack than it is to recover from a hack. Once your company’s sensitive data is stolen through a ransomware attack, recovering it is often a long and arduous process. Teaching employees about basic security, personal cybersecurity, and the prevalence of cyber threats goes a long way in stopping ransomware attacks before they can really do damage. Your employees should understand that they might be targets of malicious actors, eager to exploit any entry they can find in your company. The average cost of a cyberattack is 3.86 million and the cumulative total for global cybercrime is expected to cost $6 trillion. If you don’t pay to train your employees about cybersecurity best practices eventually you may end up paying more in the long run. High quality and free trainings for your employees are available from several government resources including Department of Homeland Security. 2. BETTER
Post a Comment
Read more

Nearly 500,000 workers are needed in cybersecurity roles around the country

The push to work from home during the coronavirus pandemic is straining cybersecurity professionals around the country tasked with ensuring workers are able to not only work efficiently from remote locations — but to do so safely. This rapid shift is a tall order for an industry that was already in need of skilled professionals long before the pandemic took hold.  Cybersecurity workers were taken off some or all of their typical security duties to assist with other IT-related tasks, including equipping mobile workforces, according to an April survey from global nonprofit (ISC)2, the largest association of certified cybersecurity professionals. The survey of 256 cyber pros found nearly half were re-tasked and that a quarter said cybersecurity incidents increased since the transition to remote work, with some seeing as many as double the number of incidents. Separate data from another nonprofit cybersecurity group, the Information Systems Security Association, found a 63% increase in cyb
Post a Comment
Read more
Top 20 Most Asked Third Party Risk Questions for Vendors  These questions help organizations assess the overall risk posed by third-party vendors, covering critical areas like data protection, regulatory compliance, and incident response. Here’s a list of the Top 20 Most Asked Third-Party Risk Management (TPRM) Questions for Vendors in TPRM questionnaires: 1. What types of sensitive data do you handle for our organization? Vendors should clarify the types of data they collect, process, or store, such as personal information, financial data, or intellectual property. 2. How do you protect data at rest and in transit? This question probes into the encryption methods, protocols, and security controls in place for safeguarding data during storage and transmission. 3. Do you have a formal Information Security Program in place? Vendors should describe their overall cybersecurity framework, including policies, procedures, and governance. 4. How do you manage user access to our data and syste
Post a Comment
Read more