The Senate President, Godswill Akpabio, expressed worry, on Wednesday, over the huge financial losses Nigeria suffers as a result of cybercrime activities in the country.
He said cybercrime became rampant in the country after some individuals with bad intentions started it some years ago.
He said the people, who first engaged in cybercrime in Nigeria, started with hacking, identity theft, fraud, harassment and cyber terrorism.
Mr Akpabio said this on Wednesday during the inauguration of a public hearing on the amendment of Cybercrime Act 2015 held at the Senate Complex, Abuja.
Mr Akpabio who was represented by the Senate Leader, Opeyemi Bamidele, lamented how cybercrime has become a great menace to the Nigerian economy.
“In this age of rapid technological advancement and widespread internet usage, cybercrime has emerged as a grave menace to our society, economy and personal security.
“It is imperative and strengthening the existing laws on cybercrime prohibition…