As Nigeria’s digital economy flourishes, it faces escalating cyber threats, prompting the Federal Government to issue 33 cyberattack advisories in the past year. These warnings, issued...
A recent report by the Financial Institutions Training Center (FITC) has exposed a staggering surge in fraud cases. These nefarious activities have collectively drained an alarming...
The Nigeria Inter-Bank Settlement System (NIBSS) announced a substantial loss of approximately N9.5 billion within the banking sector for the year 2023. The disclosure was made...
Cybercriminals have been relentless in their pursuit of ill-gotten gains, causing significant financial losses and raising concerns about the security of digital assets.
Merchant losses from online payment fraud will exceed $362 billion globally between 2023 to 2028, with losses of $91 billion alone in 2028.
The foremost experts in emerging communication technologies, has found that enterprise spend on private networks will near $10 billion globally by 2028; rising from $1 billion...
It has been uncovered that North Korean hackers orchestrated a series of audacious cyber heists, successfully pilfering a staggering $3 billion in cryptocurrency over the course...
Among the myriad of tactics employed by cybercriminals, phishing emails continue to reign as one of the most prevalent and effective methods for breaching personal and...
Kaspersky, a global leader in next-generation cybersecurity solutions and services, has ranked South Africa and Nigeria as the most attacked nations online in Africa.
The leading crypto trading company in Nigeria, Patricia, has paused withdrawals on its platform, following a security breach that saw it lose millions in crypto assets.