The Economic and Financial Crimes Commission (EFCC) yesterday said Nigeria is now ranked third among the top ten sources of cyber crime in the world just as it said over $557million were lost globally to cyber criminals in 2009.
Speaking yesterday at the first West African Cybercrime Summit in Abuja, EFCC chairman Farida Waziri said after the United States with 65 per cent of cyber criminal activities and the United Kingdom with 9.9 per cent, Nigeria is the next hub of cyber criminals in the world with 8 per cent.
According to Farida, 22 per cent increase in cyber crime was recorded globally between 2008 and 2009.
She said the statistics is frightening as only 20 per cent of the West African population has access to internet connectivity adding that it may well mean that the crimes may increase as internet access is increased.
Meanwhile, Vice President Namadi Sambo has said it was wrong to blame only Nigeria of being source of fraudulent emails in the world.
Sambo, who spoke at the summit, said Nigeria does not have the bandwidth and regularity of power to realistically generate such volumes of cyber-malfeasance for it to earn such high ranking of being the third internet crime perpetrator.
The vice president, who was represented by Minister of Police Affairs Adamu Maina Waziri, said many Nigerians are victims of cybercrimes perpetrated by non-Nigerians.
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