https://afritechnet..com/2016/04/cybercrime-costs-nigeria-n127bn.html


The NSA has released a statement informing Nigerian citizens as to the extent of the cybercrime on the local economy. According to Major-General (retired) Babagana Manguno, Nigeria lost N127 billion as a result of malware attacks, software piracy and intellectual property theft between 2013 and 2014.

The National Security Adviser called for cooperation between civil society and the private sector to combat the growing online menace faced by government, business and private individuals alike.

The NSA drew attention to the The Cybercrime Advisory Council as mandated by Section 42 of the Cybercrime Act 2015 - a 31-man council drawn from a number of ministries, institutions and commissions including the EFCC, the Nigerian Stock Exchange and the Nigerian Police Force.

http://afritechnet..com/2016/04/cybercrime-costs-nigeria-n127bn.html