Cybercrime To Cause $10.5trn Loss Globally In 2025

Cybercrime To Cause $10.5trn Loss Globally In 2025 …C0NTINUE READING HERE >>>

The chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukayode, has warned of the dangers of cybercrime, stating that the global loss to cybercrimes may reach a staggering $10.5 trillion by 2025, with approximately 2,328 cases per day.

The EFCC chairman stated this at the National Summit on Cybercrime organised with the support of the European Union-funded Rule of Law and Anti-Corruption (RoLAC II) Programme of the International IDEA in Abuja on Tuesday.

Olukoyode also said the EFCC has secured 3,455 convictions in the past one year and most of the convictions were…

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