Exploring the Nexus between Cybercrime
and Nigeria's External Image
Some of the actions that businesses can take to get cyber smart include creating a cyber security strategy, raising awareness amongst staff of the common cons used to commit cybercrime
, installing software that keeps them and their customers' details safe and keeping all software up to date.
In the near term, I suggest that (1) Congress and state legislatures should repeal civil cybercrime
liability, (2) prosecutors should establish enforcement policies that prioritize significant misconduct, and (3) courts should narrowly construe cybercrime
statutes to better effectuate legislative intent.
has had a major impact on the financial services industry, be it the $45 million stolen from two Middle Eastern banks or an estimated $1 billion stolen over two years from various financial institutions worldwide.
Advocate Yousuf Al Bahar, of Al Bahar and Associates, says cybercrime
happens when "technology becomes a criminal instrument".
At the end of the day, the fight against cybercrime
requires constant vigilance.
The OSCE Annual Police Experts Meetings devoted to 'Fighting the Threat of Cybercrime
' in 2008 and 2012 highlighted the importance of developing specialized cybercrime
units staffed with competent and trusted experts," said Guy Vinet, Head of the OSCE Transnational Threats Department's Strategic Police Matters Unit.
25) In general, the Convention aspires to harmonize domestic substantive law in the area of cybercrime
while establishing uniform domestic procedural law to facilitate the investigation and prosecution of computer related offenses through a fast and effective regime of international co-operation.
Thomas Drew emphasized the need of collaborations in tackling cybercrimes
On February 20, the Senate unanimously concurred in the ratification of the Convention, saying it facilitates multilateral cooperation and enhanced collective capability to suppress cybercrime
losses are greater in richer countries; however, the countries with the greatest losses are mid-tier nations that are digitised but not yet fully capable of cybersecurity, it said.
The findings and recommendations were contained in a report released yesterday by McAfee and the Center for Strategic and International Studies (CSIS) titled 'Economic Impact of Cybercrime
-No Slowing Down' which focused on the impact of cybercrime
on economies worldwide.