The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyode, has raised concerns over the growing threat of cybercrime, warning that global losses could reach a staggering $10.5 trillion by 2025, with an estimated 2,328 cases reported daily. Speaking at the National Summit on Cybercrime in Abuja,
Cyber Security
The Danish government has relaunched the National Cyber Security Council (NCSC) as part of its mission to strengthen the country’s digital security across all critical sectors of the economy and society. The NCSC’s enhanced mandate is aimed at improving its role as a key adviser to the government on technological
African businesses have been advised to meet the European Union’s (EU) heightened cybersecurity standards following the introduction of the Network and Information Security (NIS2) Directive. The directive, which came into effect this month, requires EU member states to update their national laws, imposing stricter cybersecurity regulations. The NIS2 Directive builds
Meta, the parent company of Facebook, Instagram, and WhatsApp, has taken action against 1,600 Facebook groups linked to ‘Yahoo Boys’—online scammers known for internet fraud. The term “Yahoo Boys” emerged from the widespread use of Yahoo email for scams in Nigeria during the 2000s. These fraudsters are infamous for orchestrating
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested an automobile spare parts dealer, Ejiofor Chiwuzie, for attempting to export consignments of heroin and a strain of cannabis known as “loud” in Lagos. The arrest was confirmed in a statement by NDLEA’s Director of Media and Advocacy, Femi
In a major international crackdown, law enforcement agencies have successfully dismantled an encrypted communication platform known as “Ghost,” which was widely used by criminal organizations for large-scale drug trafficking and money laundering, Europol announced on Wednesday. The operation resulted in the arrest of 51 suspects across multiple countries, with further