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WHY NIGERIAN ENTREPRENEURS SHOULD REGISTER WITH PROINSAFE

WHY NIGERIAN ENTREPRENEURS SHOULD REGISTER WITH PROINSAFE

WHY NIGERIAN ENTREPRENEURS SHOULD REGISTER WITH PROINSAFE

Many people have wonderful start-up ideas and offers that can benefit the world but this set of people are discouraged or limited because they have no standard way to prove their sincerity to their online potential consumers, many opportunities are dying because no such platform exists to validate online credible businesses and single them out especially in Nigeria.

Some reputable businesses are doing well and making huge profits but if scam businesses are out of the way, they will be marveled at the huge sum of money they are losing to these fake businesses posing as their competitors and tricking people to fall victims and causing these “victims” to develop trust issues (bizaporia) toward many other businesses that could really offer genuine services/products.

Online business scam simply refers to a situation whereby someone offers products and services and refuse to deliver after you make payment. Online business scam is perilous and prevalent. You or someone you know might have fallen victims of scam and you surely know how painful it is to be deceived and duped. It is am experience that hurts really bad. It is high time we mitigated it as suggested by Nigeria Association of Cyber Security Experts.

However some honest individuals truly exist who are willing to render productive services/goods through internet but are not encouraged to do so because they can barely convince people of their sincerity. ProInSafe stemmed out to resolve these hurdles and help promote these sincere individuals’ true offers.

We understand that CEO impersonation, scams, and other related online frauds may not go into total extinction but surely it will be reduced to a very minimal level with ProInSafe, in few years’ time with cooperation of online credible businesses. We are aware that these scammers might develop other measures to continue duping people, we continually update our knowledge and expand our experience, this coupled with our endless research will make us triumph and proffer sustainable solution to online business fraud. We can only achieve maximum success in enabling safe digital world if all credible online businesses collaborate and get their YAS codes.

In a bid to substantially reduce (if not put a stop to) fraudulent acts, ProInSafe fully known to be “Promote Internet Safety” came into existence. We want to give people; both online buyers and sellers peace of mind while transacting.

We ensure to get every necessary detail from our clients before they receive their YAS code. We thereby take necessary legal steps when a business is found out to be a scam.

We work with other online anti-fraud organizations to facilitate our work. We employ other efficient schemes and mechanisms (verification machines/technology) to verify businesses before generating their YAS codes. This makes our work 95% effective thus safety is 90% guaranteed for online users. We also engage in offline registration.

We understand that some youths resorted to fraud out of desperation and frustration, we have initiated a special program “ProInSafe Empowerment Project” to resolve the issues of unemployment, ignorance and mediocrity, and we provide opportunities for youths and inspire them to engage in productive activities to develop their communities. A repentant scammer and other vulnerable individuals (unemployed youths especially) will benefit from this project. We exploit ICT and other relevant talents to foster positive social change. Therefore people with knowledge and talents use it productively instead of perpetrating (cyber) crime with it. We also raise youths to be great leaders passionate about developing their various communities.

This empowerment project is directly proportional to our nature of services. Certain percentage of our income including donations from others will be set apart to help fund lucrative start-up businesses and small community development initiatives. This funding will come in different forms such as; angel funding, grants, investor, competition (prizes) for the youths, we also reach out to people for their support, to ask for donations.

We are currently working on a project known as PLACY Club in which we mentor and support youths to discover and develop themselves whilst transforming the community. PLACY club also involves organizing a particular club for secondary schools where at least three representatives from 10 different schools are empowered to train the other students in their schools, this is to encourage innovations and practical solutions/actions to problems in the communities.

We organize yearly educative seminars for large number of youths, invite youths to participate in competitions that could earn them decent start up cash, provide mentorship and help them to seek for investor. We hope to benefit at least 6-12 sustainable start-up initiatives every year.

Through our blogs, we take the social responsibility to enlighten everyone including potential and repentant scammers. This is to help them uphold their integrity and be more selfless while seeking means of survival. It has been observed that online business scams are found more in countries with high rate of corruption and poverty. Online scammers are epitomes of selfishness therefore helping them exorcise these faulty attitude is a big impact. The platform will also encourage them to seek/create other credible job opportunities that will gradually fetch them abundant fortune.

We are also a channel for people to easily locate nearby businesses, they can search for businesses by their locations.

We presently focus more on validating Nigerian online businesses because of easy accessibility and investigation. Credible online businesses will now be verifiable as potential customers will and should trade with only Nigerian businesses with YAS codes. Any business without the code especially after 5 years of our establishment, by (2024) will be avoided or be reported to our organization to confirm on customers’ behalf. This will encourage other online credible businesses to get their codes,

Registering with ProInSafe is a wise decision and it is quite easy. Clients just start by visiting our registration portal: Supply us with their valid information and documents as requested on the registration form, carefully read our terms and policy, if they agree to the terms and policy, they proceed to payment, they can then submit their form. They will get an instant message that confirms that their registration is on process. It may take few hours or days to verify their details, after which they will get an email with their YAS code and a link that takes them to their profile page. We will also include tips on how they can use the YAS code to attract more customers. Learn more on how to register your business here.

There are two packages for our clients. One only enables them to create a profile with ProInSafe for online consumers to easily verify their credibility, the second package will grant them the opportunity to edit their business profile and integrate new services if such needs arise.

We require some sensitive information for the registration but all this is in clients’ best interest. They will easily gain people’s trusts and people who are in need of their products and services will no longer be distracted by scammers who claim to offer the same product/service hence, their (our client’s) potential customers will start heading straight for them.

We sometimes reach out to trusted businesses to encourage and guide them to register for their YAS codes to facilitate the achievement of our goals; which is to promote internet safety. We take the responsibility of saving Nigeria from the unpleasant labelling of fraud. Whoever transacts with a Nigerian online business after few years of our establishment without the code and without consulting ProInSafe will be at his/her risk.

  • ProInSafe aims to achieve the SDGS;
  • Sustainable cities and communities
  • Decent work and economic growth
  • No poverty
  • Peace And Justice Strong Institutions

We work strategically with a team of experts who work diligently to assess and verify submitted credentials and other details provided by our clients during registration. We also verify documents using an effective mechanism created for such purpose; to verify the originality of documents and that will facilitate our work.

It must be noted that YAS code is a life time trade mark for online credible businesses as long as their business stays online or exists generally. Any business which ceases to operate will have their code blocked and profile deleted after we have received such notice from the clients.

Major Benefits

  • Promote internet safety/cyber security: Safe and secure online transactions.
  • Reduction in health issues related to anxiety triggered by online scams
  • Prevention of money loss to online scammers
  • Provide job opportunities for people who might be a relative or friend to you
  • Increase in rate of self-employed youths as a result of our empowerment projects.
  • We will significantly mitigate internet business frauds, promote safety for users and give opportunities for real businesses to thrive
  • Both clients and other online users will get to receive educative information concerning online security, health and other important information through our blogs
  • Encourages productive start-ups that were once discouraged by lack of ways to prove their genuinity
  • Boost credible businesses’ sales because people are easily convinced they are credible. Also credible entrepreneurs no longer have fraudulent individuals as competitors
  • We are sure to attract a huge crowd to our website thus, businesses have better opportunities to advert on our website at very affordable price.
  • We provide opportunities for businesses without an online presence to appear on the internet, this obviously is an advantage for their businesses to rapidly flourish than ever.
  • You are contributing to a good cause to help extinguish selfish and callous acts demonstrated by online business scammers.
  • Online consumers easily get to locate businesses through our business directory.
  • Registering with ProInSafe is a one time payment and a very lucrative investment. You easily attract customers that trust and patronize you. You get to benefit from our free newsletters that will help you grow your businesses. Together we are promoting internet safety.

Also, don’t let stresses and issues related to regulatory and paperwork distract you from the product. Issues like how will I register the business? How will I get a work permit? Do we need to get a lawyer and get a trademark? These are all important questions, but not for your first 12 months. Your first twelve months need to be focused entirely on the product, marketing and the core experience.

To ensure your first year is a solid foundation built for further progressive, you need to register with ProInSafe. It is a win-win situation, at very affordable price, you make abundant sales and support our vision to promote internet safety which is beneficial to all.

 

Café Culture and Heresy of Yahooboyism in Nigeria.

Café Culture and Heresy of Yahooboyism in Nigeria.

The Overview of the Outrageous Exploitation of the Internet in Nigeria;

Café Culture and Heresy of Yahooboyism in Nigeria.

The advent of Internet technology has significantly improved the state of human existence. In fields as far-reaching as educational research, public administration, commercial and business transactions, industrial production and biotechnological development, and global networking, the Internet offers limitless opportunities. Indeed, affirming that global society can no longer function adequately in the absence of the Internet is an affirmation of the obvious. In spite of all of its benefits, however, the Internet is also used in a destructive, antisocial manner by individuals often referred to by such names as hackers, cyber fraudsters, web criminals, and so forth. In Nigeria—a notable haven for such criminal disposition-they are known as yahooboys.

The Internet has altered the patterns of cultural cleavages, the process of socialization, and identifiable social institutions across varying human societies. However, unlike traditional criminal groups, both males and females are involved in what has been termed yahooboyism in Nigeria, albeit with differing degrees of specialized functions. The culture of fraud and corruption prevalent within larger Nigerian society is believed to have facilitated the institutionalization of yahooboyism as a subset. But such a level of “modernization of criminality” among Nigerian youths has been enabled solely by the Internet; an intrinsically insecure space in which nobody knows who exactly you are.

It has been observed that a café culture is prevalent among contemporary Nigerian youths, especially those living in the cities or in semiurban settlements that off er easy access to modern technologies such as the Internet. Café culture is indicative of an emergent way of life in which involved youths conceive of the Internet as their “everything,” from a school (where they can practice and polish their acts of deceit) to a money-making venture (where they can fraudulently eke out a living, thereby escaping the poverty doldrums prevalent in the country and, ultimately, government and society).

In their café culture, these individuals live practically a virtual life and are more familiar with the developments via the Internet than those unfolding within their immediate “real” society. In a research study by a psychology student (Rukayyah Abdulrahman) at the University of Ilorin; titled influence of excessive internet use on self esteem. It was discovered that many youths use internet excessively that it gradually damages their psychological wellbeing. Despite being one of the most endowed countries (in terms of human and natural resources) on earth, Nigeria remains one of the poorest nations in the world, where the state of the human condition has continued to deteriorate over the years (United Nations Development Programme, 2009).

Unemployment, lack of social support, and the deteriorating condition of the country overall has made the country’s youths a ready tool for the conduct of cogent nefarious activities such as those easily attainable through the Internet. Meanwhile, technological advances such as the Internet have brought astonishing alterations to Nigeria’s institutional and cultural cleavages. Nigerian youths have accepted the Internet as a way of life with unusual speed.

Specifically, the Internet has not just imprinted a potent amendment on the Nigerian culture, but it has irredeemably affected the behavioral patterns of Nigerian youths, evidence of this was revealed in the research study: influence of excessive internet use on self esteem. Ostensibly, yahooboyism has emerged as a result. The phenomenon of yahooboyism could be said to represent a state of “cultural lag” within Nigerian society; that is, inferring from the conceptualized two aspects of a culture: the technological (i.e., the material aspects such as the Internet) and the sociological (i.e., usually theoretical or ideological aspects such as norms and beliefs).

The period of maladjustment when the nonmaterial culture is still struggling to adapt to new material conditions is deemed a cultural lag (Ogborn, 1922). With regard to Nigeria, the cultural lag created by the introduction of the Internet to Nigerian society has provided a platform for the emergence of the infamous café culture, which is set to unproductively alter the developmental process of the country’s youths. Within the larger social superstructure in Nigeria, especially among the political class-wealth, often ill gotten, is worshipped.

In assuming political positions, leaders overemphasize the place of money. Upon assumption of office, individuals flagrantly embezzle public money. As such, the provision of services to the citizenry, such as the training of youths, is neglected. On the other hand, among most Nigerians, money from any source typically is the most potent yardstick for determining the level of existential attainment.

Money rather than a quality education, productive leadership, scientific discovery, or solid career development is the yardstick against which people are measured. Hence, society is exposed to youths who have been disillusioned and have not been taught the good virtue of genuine hard work. Such youth have had no trouble immersing themselves in the Internet phenomenon of yahooboyism. If, as outcomes of cogent observations suggest, the Internet continues to spread and becomes essentially ubiquitous in socioeconomic relations, then Nigerian society will indisputably become increasingly dependent on a fragile and insecure information structure.

As such, our youths’ future is in avoidable jeopardy: The cultural patterns of yahooboyism are bound to be transmitted across generations if nothing concrete is done to regulate its spread and usage in Nigerian society. Of course, the Nigerian nation has been described as a largely unordered society in which rules are sacrificed, integrity is nonexistent, brutal selfishness is appraised (because leaders who embezzle public properties are respected and celebrated) and shame no longer exists for despiteful acts. Conspicuously, shameful acts are celebrated and success is redefined as wealth becomes more significant than the means of attaining it (including self actualization)

Instant wealth, regardless of its source, is usually celebrated among the Nigerian populace. In fact, it is usually equated with smartness and is rarely rebuked. In Nigeria, corrupt practices are characteristic not only of the political leadership but also of other types and levels of leadership. As such, values of integrity and honesty are despised, as there is total disregard for rules and regulations across all strata of society. For instance, at both the household and community levels, respective agents of socialization often tend to inculcate in the children and young adults the value of hard work and integrity, but most often, it is at odds with what they observe the elders themselves doing and appreciating.

The yahooboys use the Internet as a platform for engaging in online fraud. Examples of the yahooboys’ objectionable engagements include selling fictitious goods/services and buying what they will not pay for (or paying in no real value); money laundering; hacking; and engaging in credit card scams, pornography, and unconventional sexuality. Ironically, the yahooboys’ criminal applications of the Internet in Nigeria can be directly linked to the failure of a political leadership (Adeniran, 2006).

Yahooboyism is the activity of online youth fraudsters in Nigeria

This is also linked to lack of regulatory entity that focuses on the cyber space. This is however a changed story with the existence of an innovative organization; ProInSafe which focuses on regulating online business activities in Nigeria. With adequate support of the government and cooperation of credible businesses and reputable organizations, ProInSafe being a lucrative initiative will promote internet safety (therefore business scam will significantly be mitigated) and foster rapid growth of credible businesses. Obviously, ProInSafe exists to empower entrepreneurs. Another great benefit of ProInSafe is that it serves to provide numerous job opportunities, reduce crime rates and facilitate community development through their sustainable empowerment projects.

Out-of-school students (who are not in school because of distortions in the school calendar) and unemployed youths constitute a considerable percentage of the yahooboys in Nigeria. Indeed, they ignorantly but proudly claim that their involvement in cybercrime is a way of getting back at such an unjust social system in a “nonviolent” way. This was discovered in the study on investigating the roles of the failing national leadership and the insecure Internet platform in the emergence of the yahooboys phenomenon in Nigeria.

Reference
Jaishankar, K. (2007). Cyber criminology: Evolving a novel discipline with a new journal. International Journal of Cyber Criminology.

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INTRODUCTION TO A NIGERIAN INNOVATIVE ORGANIZATION-PROINSAFE

INTRODUCTION TO A NIGERIAN INNOVATIVE ORGANIZATION-PROINSAFE

WHAT YOU NEED TO KNOW ABOUT PROINSAFE PRESENTED AT PROINSAFE LAUNCHING EVENT.

Introduction

The damage caused by cybercrime is estimated to hit $6 trillion by the year 2021. This has led to a forecast that there will be an estimated increase in spending by companies for cyber security between the periods of 2017 and 2021 to $1 trillion. According to Gartner, as at 2016, more than $80 billion was spent on products and services related to cyber security. This is however expected to exceed $1 trillion globally within a five-year period.

As a matter of fact, the cyber security industry is one that is fast paced as there is zero percent unemployment rates in this industry. The industry in fact has unfilled positions that are expected to reach 1.5 million by the year 2019. This shows that there is severe shortage of talent especially as more cybercrimes are being committed almost every other day.

Despite the fact that cyber security companies can easily be found in the United States of America and in the cyberspace, does not in any way make the industry to be over saturated. The fact that there are people and organizations out there who would always need the professional services of cyber security companies from time to time to sort out cyber security related issues et al makes the business ever green….Adapted from profitable venture.com

However cyber security company has not fully gained ground in Nigeria, we need to feel the impact of this industry because it has so much to offer Nigeria in both security and economy sector.

ProInSafe stemmed out because of this, the purpose of creating this innovative organization is to create  a safe and prosperous environment for all to thrive.

ProInSafe fully known as Promoting Internet Safety is an innovative profit making organization in Nigeria (its our dream to expand far beyond this country) and it exists to strategically promote internet safety while providing supports and empowerment for youths to achieve self actualization and self reliance in a credible way.

Audience at ProInSafe Launching

Audience pays attention at the event

Significance

Few or many of us here today have or know someone who has fallen victims of scam businesses. No matter how wealthy someone is, it is such a bad idea losing money in such a pathetic way. Its not enough to lose money but we tend to experience emotional breakdowns as a result, which may result into depression or paranoia; inability to trust even credible businesses.

As much as people tried to discard this idea because they believed it was impossible or an herculean task. We still decided to venture into it because of our passion to resolve a problem (cyber crime and unemployment)  that is an impetus to many other societal difficulties reflecting in the socio-economic state of the country. However our passion is not enough, we continue to progress with the strong support of our great Father known as Father of The Universe. Without him nothing would have been in existence.

Therefore cybercrime is not a problem to be swept under the carpet. No matter how huge/difficult/expensive the task appears, we must start from somewhere and as soon as possible to prevent the problems from escalating. Cyber Security Expert of Nigeria also raised  that concrete solution must be provided to mitigate the issue of cybercrime. This statement is one of the driving forces behind the existence of ProInSafe. During our feasibility studies, we discovered more than 50% of entrepreneurs require our services. In fact with a month of our establishment, we have about 10 clients already. This explains that our services are valuable and our target market is quite huge and responsive. With these businesses’ cooperation, our goals will be achieved.

For example, we had to start using the house as our office since much of our work is online based, many of our meetings are online as well.  The staff working with ProInSafe are volunteers (who only have access to certain remuneration for their duties) at the moment but we hope that as we progress  they will be full time employees because they are highly skilled and competent they deserve to earn handsome salaries.

We use strategic measures to verify and validate businesses.  Our website is well secured and we are less vulnerable to such cyber hazard as hacking even though this cannot  be prevented. If such ever happened we have put it in place measures to prevent great havoc. Part of our project will involve supporting technological researches and innovations to proffer lasting solutions to cyber and other related crimes and dangers. Your personal info are safe with ProInSafe, most definitely unless security reasons call for sharing your details with the third party.

Experience maximum safety and prosperity with ProInSafe.

The unemployment rate in Nigeria is a painful reality, and the higher this gets the more problems  surface in Nigeria. Many people resolved to cyber crime because of lack of job opportunity. ProInSafe then incorporates empowerment program to support startups and youths who are committed to community development services.

Our empowerment program known as ProInSafe Empowerment Projects (PEP) exists to encourage innovations, promote leadership skills amongst the youths and also facilitate sustainable community development. Our attitudes must be reformed to foster growth in the society. Our projects and empowerment program therefore support ventures that seek to solve relevant problems affecting the society especially as it regards mental wellbeing, poverty, unemployment rate and environmental sanitation. In addition to this, ProInSafe post registered schools and their relevant activities on its website and social media pages to publicize them more. In fact it is our interest to train students to engage in casual journalism, in which they go to certain educational occasions, gather and report information. This is to provide valuable experience and exposure to students who are interested in mass communication and relevant fields.

Our current project is PLACY Club, an empowerment program that focuses on secondary schools in Nigeria. We select students from different schools to participate in the program  and engage in projects to resolve mini problems affecting the community. This project involves exploiting youths as tools for sustainable development of the community. We will focus on environmental sanitation, quality education, vocational training, leadership training, mentorship & counselling and poverty alleviation. Building their attitudes from tender age is a great benefit for the society as the actions of people determine the status quo of every society.

Presentation at ProInSafe Launching

ProInSafe Launching

ProInSafe major goals are:

  • To mitigate online scam businesses, hence promote internet safety
  • To reduce unemployment rates
  • To encourage innovations
  • To create an enabling environment where all diligent and sincere youths (including entrepreneurs) thrive.
  • Facilitate the achievement of SDGs definitely. We have SDG in mind in our operations.

We are willing to adopt every means that’s of course legal to achieve these goals. The vision which is to create a safe digital world and facilitate economic growth of the country;  mission which involves the implementation of the plan relevant to our goals.

Some of the means include to:

  • Analyze and establish security requirements for our systems/networks
  • Defend systems against unauthorized access, modification and/or destruction
  • Configure and support security tools such as firewalls, anti-virus software, patch management systems, etc.
  • Define access privileges, control structures and resources
  • Perform vulnerability testing, risk analyses and security assessments
  • Identify abnormalities and report violations to higher authorities
  • Oversee and monitor routine security administration
  • Develop and update business continuity and disaster recovery protocols
  • Partner with relevant governmental agencies and organizations e.g Cyber security forums , CAC,  etc.
  • Employ highly intelligent and skilled professionals
  • Train fellow employees in security awareness, protocols and procedures
  • Design and conduct security audits to ensure operational security
  • Respond immediately to security incidents and provide post-incident analysis
  • Research and recommend security upgrades
  • Provide technical advice to colleagues
  • With our facilities, structures and infrastructures, we will achieve our mission and realize our vision.

There are many benefits to ProInSafe but I will summarize the benefits here right now. Many of us here today have great products and services and trust me more than half of those you advertise to need these products and services, but only less than a quarter of these people patronizes you. Two reasons cause this either the consumers do not have enough money to purchase or they keep procrastinating till they forget to patronize but the latter is not so relevant because what you truly need you will get it, so the second major problem is lack of trust due to the prevalent issue of online scam.

Everyone cannot stop asking is this business legit? Often the answer to this is “I don’t think so” because even though comments and recommendations on the website can be deceptive. I have a few friends who have fallen victims. And ever since you will not find them purchasing online except through Jumia. Some businesses rely more on referrals , this as well works but what if someone needs your product or services but do not know someone that can refer you to them or recommend them to you. Is this not sad. Are you as a business owner not gradually losing income.

Not everyone is as reputable as Jumia, entrepreneurs are really coming up because that appears to be the trending solution to unemployment which of course is a wise step to take to develop our communities and advance the economy of the state. However many of these entrepreneurs face digital marketing challenges, one of which is losing potential customers/clients to “bizaporia;” which implies inability to trust the credibility of a truly credible business.

Many people because of these challenges feel discouraged to own a business and even if they do they are unable to enjoy the advantage of the internet for their business. Internet circulates information faster, so as business owners we cannot avoid it, and this is a reason we must proffer a solution to the problem.  Other countries are into this similar venture, we decided it must exist here in Nigeria as well.

ProInSafe  encourages the credible entrepreneurs by helping them to convince their potential customers. This is a great deal that cannot be overlooked. The more investments we have, the lesser unemployment rate we battle with. The secret to the economic development of other countries is in their countless business investments, start ups and private business sectors. Firstly this takes the business owner out of the huge number of unemployed youths, most importantly these businesses will be able to employ others. Gradually gradually we are advancing the economy of the country. ProInSafe has potential to hire more than 800 individuals as  we progress. Graduates keep increasing but limited opportunities exist. The solution to this is more investments, to provide job opportunities to hire more and more youths. Someone here or someone you know could be this youth that will be hired.

ProInSafe aims to expand across Africa if not the world, that’s the vision, that is every business must be regulated by ProInSafe, get their code to easily convince their potential online consumers of their credibility, make more sales, maximize profits and contribute to our goals to mitigate the risks of business scam. We will increase online visibility of businesses.

As we progress we hope to innovate soft wares and gadgets that will specifically be used to detect scams and facilitate our works that we may even replicate to sell to others. We will realize our dreams if we get support from you all, and others who are not privileged to be here. We ask you to discuss ProInSafe with them all. As we get endorsements, supports especially from government and reputable entities and of course an investor or adequate funding, our operations will be facilitated and we will get to realize our vision.

In conclusion, ProInSafe is registered with appropriate bodies. Our RC number is . We are focused on empowering youths and to support entrepreneurship in Nigeria. I must mention that we aim to dedicate certain percentage of our profits to support start-ups. We also aim to link up credible start ups with investors. There are investors willing to support start ups, they only need a medium to be sure these start ups are indeed genuine, lucrative and sustainable. We will ensure to link up only start ups that meet up with these criteria. We are willing to implement all relevant policies to achieve our goals. ProInSafe will function optimally with adequate facilities and support from notable people and firms in Nigeria. We thereby seek supports from these agencies to support and invest in our innovative organization. For more information about ProInSafe, please visit www.proinsafe.com. Thank you.

 

CYBER CRIME AND ITS MITIGATING MEASURES BY ABDULSALAM B. SULEIMAN (Ph.D) AT  PROINSAFE LAUNCHING EVENT

CYBER CRIME AND ITS MITIGATING MEASURES BY ABDULSALAM B. SULEIMAN (Ph.D) AT  PROINSAFE LAUNCHING EVENT

 

CYBER CRIME AND ITS MITIGATING MEASURES, AN EDUCATIVE LECTURE DELIVERED BY ABDULSALAM B. SULEIMAN (Ph.D) AT THE LAUNCHING EVENT AND PUBLIC AWARENESS PROGRAMME ORGANIZED BY PROINSAFE  ORGANISAION AT SOCRATES COLLEGE, ILORIN ON 25TH APRIL, 2019.

Introduction

          Cybercrime has increase the number of known crimes, not only in Nigeria, but globally, such that companies, individuals both low and high have been affected negatively. Perpetration of this financial crime cut across nations as syndicate members. A report (sponsored by McAfee) published in 2014, estimated that the annual damage to the global economy was $445 Billion. Approximately $1.5billion was lost in 2012 to unlined credit and debit card fraud in the USA. In 2018, a study by the centre for strategic and international studies (CSIS) in partnership with McAfee, concludes that close to $600 Billion neatly one percent of global GDP is lost to Cybercrime each year (Wikipedia). Some criminal of this crime go undetected, while few arrested are dealt with. The main objective of this lecture paper is therefore, to enlighten the listening audience about the concept of Cybercrime which as  become  a global crime. The lecture paper is also to highlight some mitigating measures against the financial crime in Nigeria.

Concept of Cybercrime  

          Cyber crime can be defined as offences that are committed against individuals or group of individuals with a criminal motive to intentionally harm the financial reputation of the victim or cause physiological, mental harm, or loss to the victim, directly or indirectly, using modern telecommunication network such as internet. Cybercrime is a crime that involve the use of computer and a network.

Factors Responsible For Prevalence Of Cybercrime

The following factors are considered for prevalence of Cybercrime in Nigeria.

  • Get-rich quick syndrome.
  • Poor parenting as regard effective monitoring of activities of children.
  • Lack of counseling on the part of elders in the society.\
  • Lack of timely information to law enforcement agents.
  • Inadequate logistics support to the law enforcement agents to track down Cybercrime syndicates.
  • Active connivance with criminals by some bank officials.

Mitigating Measures Against Cybercrime

          Mitigating measures include, but not limited to the following:

  • Avoid disclosure of financial transactions to unauthorized persons.
  • Avoid disclosure of your bank account details to unauthorized persons.
  • Temptation of greed, and get of quick syndrome should be discouraged.
  • Parents should monitor the lifestyle of their children, particularly financial recklessness.
  • Landlords should endeavour to check background of tenants.
  • Members of the public should endeavour to provide useful information on questionable characters living around them to the law enforcement agents.
  • Public awareness programmes should be encouraged.
  • Government should endeavour to provide adequate logistic support to law enforcement agents i.e Tracking machine.
  • Above all, banks should intensify efforts to reports questionable account owners to the appropriate authorities for immediate action

Conclusion

Cybercrime, like other crimes ravaging our society requires collective effort of Government, Non-Government organizations and individuals. This can be achieved via adequate logistic supports to security agencies of timely provision of information in the members of the public.

     Reference

     http:/en.wikipedia.org/wiki/Cybercrime