The Central Bank of Nigeria (CBN) has announced that last year alone banks in Nigeria lost about US$246 million to cybercrime. Taiwo Longe, the CBN’s chief information security officer, said this while speaking at the National Cyber Security Forum (NCSF 2014) organised by the Office of the National Security Adviser (ONSA) in Lagos. Longe said
Cybercrime is on the rise in Kenya and one of the most affected areas is mobile money, according to a report launched by Serianu and the Telecommunication Service Providers Association of Kenya (TESPOK). The Kenya Cyber Security Report 2014 said: “In 2013, we noted an increase in mobile money fraud targeting individuals and organisations. The
In a recent article by the Mail and Guardian newspaper Informal consensus within the private sector saw South Africa ranked third, behind Russia and China in terms of cybercrime. It is with this in mind that the South African Banking Risk Information Centre (SABRIC) has issued a warning to banking customers about email hacking and
