Nigeria suffered 3,500 cyber attacks in 2015, lost $450m

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The Nigerian government has disclosed that it is taking drastic steps to arrest internet related crimes. The government lamented the loss of over $450 million dollars to cyber attacks in 2015 alone.
The Minister of Communications, Adebayo Shittu, said a total of 3,500 attacks last year led ‘‘to a loss of about $450 million,’‘ the local Vanguard news portal reports.
He further disclosed that the government realized the contribution of Information and Communication Technology (ICT) which contributed 12.62% of Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2016.
Cybercrime is an offence committed using a computer and the internet to steal a person’s identity or sell contraband or stalk victims or disrupt operations with malevolent programs. Africa’s most populous nation has a notoriety for having lots of people engaged in the illegality.

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