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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

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