Prof. Stella Chiemeke, Vice Chancellor, University of Delta (UNIDEL), Agbor, Delta State,says Nigeria loses $5billion annually to cybercrime.
She disclosed this while delivering a paper titled, “Cybercrime
Security and Business Survival In Nigeria: Building Customers’ Trust”, at this Year’s 7th Southern Zonal Accountants’ Conference in Warri.
She said that the cyber attacks could take many forms including phishing, ransomware, business email compromise and a lot more.
Agbor said that it has posed a significant threat to individuals, businesses, organisations resulting in huge financial losses .
While saying that only thirty percent of organizations in Nigeria have Cyber security awareness, Prof. Chiemeke called on organizations across the country to put in place robust cyber security measures to check the ugly trend.
She said that cyber security measures would help to build customers’ trust and keep such organizations free from continuous financial losses.
