30 results
- 11 Mar 2024
2024 Sophos Threat Report: Cybercrime on Main Street Details Cyberthreats Facing SMBs
Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual 2024 Sophos Threat Report, with this year’s report detailing “Cybercrime on Main Street” and…
- 12 Aug 2026
Africa Faces Rising AI-Enabled Cybercrime as INTERPOL Reports 55% of Cases
Africa is facing a new wave of cybercrime driven by Artificial Intelligence (AI), with 55 per cent of reported cybercrimes on the continent now reportedly AI-enabled, according to the International…
- 4 Dec 2019
Nigeria Lost $800m to Cybercrimes In 2018 – Report
The cost of cybercrimes in the country peaked at $800 million, this is according to latest Nigeria Cybersecurity Report (2018). The report shows that even with 17% increase in organisational spend in…
- 3 Oct 2024
Nigeria Police Charge 4 Journalists with Cybercrimes for Corruption Reporting
Despite recent reforms to Nigeria’s Cybercrimes Act, journalists continue to be targeted for publishing news in the public interest, with four reporters being charged under the law last month,…
- 27 Jun 2025
INTERPOL Report Shows Cybercrime is West, East African Most Dominant Security Concern
Cybercrime has emerged as a dominant security concern across Africa, with more than 30 percent of all reported crimes in Western and Eastern regions linked to cyber activity, according to the newly…
- 19 Nov 2020
Nigerian Police Opens Reporting Portal to Fight Cybercrime
Nigeria Police Force has unveiled a Cybercrime Reporting Web Portal, with Mohammed Adamu, inspector general of police (IGP) promising whistleblowers of confidentiality. The portal which can be…
- 16 Jul 2026
Nigeria Facing Rising Cybercrime Losses - Report
Nigeria is experiencing a complex cybersecurity landscape where reported fraud incidents have decreased by nearly 46 percent over the past four years, yet financial losses from cybercrime are on the…
- 3 Aug 2026
INTERPOL Report Shows AI Powers 55% of Cybercrimes in Africa Amid $484m Losses
INTERPOL’s African Cyberthreat Assessment Report 2026 revealed that Artificial intelligence accounts for 55 per cent of reported cybercrimes across Africa and making attacks faster, more…
- 13 Mar 2023
Many Africans Still Believe Cybercrime ‘won’t Affect them’ - Report
The digital landscape is overflowing with an ever-evolving array of solutions and services created to make lives easier, offices smoother and engagements richer. Smartphones, applications, social…
- 15 May 2015
Tab for Cybercrime to Reach $2 trillion by 2019 - report
A new report from Juniper Research suggests that the rapid digitization of consumers' lives and enterprise records will increase the cost of data breaches to $2.1 trillion globally by 2019 — almost…
- 24 Jul 2022
Stolen Credentials Selling on Dark Web for Price of 3 Litres of Fuel - Report
HP has released The Evolution of Cybercrime: Why the Dark Web is Supercharging the Threat Landscape and How to Fight Back – an HP Wolf Security Report. The findings show cybercrime is being…
- 14 Mar 2017
Cybercrimes on the Increase in West Africa - Report
Trend Micro Incorporated, a global leader in cyber security solutions, in collaboration with INTERPOL, on Monday released research on cybercriminal activity in West Africa, “Cybercrime in West…
- 1 Dec 2023
Sophos Anticipates AI-Based Attack Techniques, Prepares Detections
Sophos, a global leader in innovating and delivering cybersecurity as a service, has released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam…
- 22 Jun 2017
Global Cybersecurity Report Brings Good News, Bad News
Cybersecurity provider Trustwave has released its 2017 Trustwave Global Security Report, a look at 2016 trends in cybercrime, data breaches and security threats. The report offers good news in that…
- 6 Aug 2026
Fleeing Southeast Asia Scam Syndicates Find New Homes in Nigeria, Kenya- Report
Southeast Asia cybercrime networks are expanding operations into Africa as crackdowns intensify in the subregion, according to a recent report from the United Nations Office on Drugs and Crime…
- 13 Mar 2019
ThreatMetrix Says Fraudsters Target Mobile Account Logins
The H2 2018 Cybercrime Report by ThreatMetrix has revealed a change in fraudsters’ tactics toward attacks on mobile particularly prevalent in financial services. The report is based on 17…
- 19 Jan 2018
Cyberattacks up 100% in 2 years - Report shows
Last year was one for the records in terms of cybercrime attacks, which have increased more than 100 percent in the past two years, according to ThreatMetrix Cybercrime Report 2017: A Year in Review.…
- 21 Jan 2016
Cybercrime Fastest-Growing Cause of Data Centre Outages- Report
After having risen from being behind two percent of outages in 2010 to 18 percent in 2013, cybercrime is quickly rising as one of the leading causes of data centre outages. According to a report…
- 24 Jan 2015
Cyber Fraud Threatens Online Retail in Nigeria-KPMG
The increasing frequency and magnitude of cybercrime incidents globally make it apparent that cybercrime is here to stay, according to a report by KPMG. In the report, KPMG acknowledged that the…
- 24 Nov 2023
Police Vindicates Patricia Technologies in its Security Breach, Arrest Key Suspect in Hack of Platform
The Nigeria Police Force recorded a major breakthrough in the reported cybercrime perpetrated against Patricia Technologies with the arrest of one of the suspects, Wilfred Bonse, after a thorough…
- 29 Mar 2023
Why Employee Collaboration is Key for Cybersecurity
By Emmanuel Asika Many will hate to admit it, but it seems that, perhaps, it has become quite lucrative these days to be a cybercriminal. Firstly, it is a thriving business. For instance, according…
- 16 May 2018
Cybercrime Losses Exceed $1.4Bn in 2017
Losses of cybercrime victims exceeded $1.4 billion in 2017, the latest Federal Bureau of Investigation (FBI) 2017 Internet Crime report, shows. The study found that the majority of victims and…
- 24 Apr 2018
Cybercrime Profits Estimated at $1.5 trillion
New criminal platforms and a booming cybercrime economy have resulted in $1.5 trillion in illicit profits being acquired, laundered, spent and reinvested by attackers. This was one of the findings of…
- 20 Oct 2024
CSCS Seeks Accelerated AI Integration to Address Rising Cybercrime
The Central Securities Clearing System PLC (CSCS) has called for the immediate integration of artificial intelligence (AI) into Nigeria’s cybersecurity framework to address escalating cybercrime.…
- 19 Feb 2020
Africa Still too Trusting of Email Communication - Report
While 65% of Africans surveyed are concerned about cybercrime, 53% think that trusting emails from people they know is good enough; 28% have fallen for a phishing email and 50% have had a malware…
- 20 Nov 2022
Cybercriminals Are Doubling Down on Credential Theft, Launching More Innovative Ransomware Attacks - Sophos 2023 Threat Report Reveals
Sophos, a global leader in innovating and delivering cybersecurity as a service, has on Monday published its 2023 Threat Report. The report details how the cyberthreat landscape has reached a new…
- 11 Sept 2017
Cyber Attack Trends: Mid-Year Report
2017 has proved to be a lucrative year for cybercrime. Prominent malware and attack methods continue to evolve, creatively bypassing existing security solutions. In 2016, we witnessed sophisticated…
- 7 Jan 2014
Analyst Picks Holes in Proposed AU Cybersecurity Convention
A proposed African Union (AU) convention seeking to step up the fight against cybercrime across Africa has critics up in arms over its potential to curb internet freedoms, according report by ITWeb…
- 4 Feb 2020
Insurers Worry over Cybercrime, Climate Change
Risks associated with cybercrimes topped the list of peril incidences that may likely hit the corporate world in 2020 and beyond. But Nigerian insurance underwriters have said what they fear most…
- 2 Dec 2019
Nigerian Firms, Others Spend $800m on Cyber Security
Financial services companies, government institutions, telecommunication firms and financial technology companies operating in Nigeria, among others lost about $800m to cybercrime in 2018, according…