Cybersecurity firm blocks 161,272 financial threats in Nigeria

Cybersecurity firm blocks 161,272 financial threats in Nigeria

Kaspersky Security Network has said it blocked 161,272 financial threats in Nigeria in 2022.

This is as 37 per cent of its users in Nigeria lost money from an incident involving digital payments, the firm stated.

According to the firm, 97 per cent of its users in Nigeria lost up to $1,000 equivalent as a result of these incidents, while 3 per cent of the respondents reported a loss of more than $1,000 equivalent.

The firm stated that the blocked attacks were aimed at stealing financial information such as credit card numbers and login credentials and usually relied on social engineering tactics to lure victims.

The Head of Technical Experts at Kaspersky, Emad Haffar, said, “Since the beginning of the pandemic, 64 per cent of users in Nigeria faced at least one incident when using digital payments.

“That is why it is increasingly important to know how to interact securely with any emerging technologies, including online banking and mobile wallet…

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