• 45.3% of internet users in Nigeria suffered attack in Q3 2015

By Dele Ogbodo in Abuja

The Acting Director General of the National Information Technology Development Agency (NITDA), Mr. Vincent Olatunji, and a cyber security expert, Mr. Hakeem Ajijola, said on Wednesday that Nigeria loses N89.55 billion as a result of cybercrime annually.

They averred that the amount is equivalent of 0.80 percent of the nation’s Gross Domestic Product (GDP).

The duo spoke with ICT reporters at the sideline at a 3-day Capacity Training Workshop on Computer Emergency Readiness and Response Team (CERRT.ng), organized by NITDA in partnership with Malaysia Cyber-security Agency, for ICT staff of Ministries Departments and Agencies (MDAs) in Abuja.

On the damage done to websites, while relying on statistics from the USA Centre for Strategic and International Studies and information from Mcafee, a subsidiary of Intel, on the global cost of cybercrime in 2015, Ajijola, hinted that within the last 12 months there were notifications of 3,599 breaches of websites with Nigeria (.ng) domains of which 2,518 were defaced.

Ajijola listed the Federal Court of Appeal, the Independent National Electoral Commission (INEC), House of Representatives, Federal Ministry of Information, and the Economic and Financial Crimes Commission (EFCC) as agencies of government that have been compromised within the last few years.

According to him, as technology becomes increasingly pervasive and dependence on it grows, economic losses will grow exponentially, adding that unless pre-emptive measures are taken to mitigate and eliminate the capacity, cyber criminals will take advantage of our environment.

He said: “This does not preclude major disruptions by cybercriminals to the critical national infrastructure like, oil and gas, banking and finance, national security and government.

“For example, in January 2016 the infamous ‘Anonymous hacker’ collective has started a cyber-campaign against the government of Nigeria accusing it of corruption, greed and theft.”

As long term measures, the cyber expert proposed that by 2020, an MSME based cyber-security solutions based on economic subsector should be put in place and should be driven by suitably empowered knowledge workers below 35 years.