Skip to content
August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • Global cybercrime loss to hit $6tn by 2021 – U.S. Consul-General
  • International News

Global cybercrime loss to hit $6tn by 2021 – U.S. Consul-General

Admin October 26, 2017

October 26, 2017

The U.S. Consulate in Nigeria says by 2021, the global community will lose about six trillion dollars through cyber crimes.

The U.S. Consul-General, Mr John Bray disclosed this during a programme to commemorate the 2017 National Cyber Security Awareness Month.

The cyber security awareness campaign was organised by the U.S. Consulate in Lagos in conjunction with the International Centre for Leadership Development, Nigeria.

Bray said that there was growing dependence on technology and alarming cybercrime threats were major concerns for nations all over the world.

He said that was why efforts were being made to bring a permanent solution to the menace.

According to him, the world has adopted October as National Cybersecurity Awareness Month to let people know about the menace.

”Despite these efforts, most Nigerians and the wider world are still unaware of the implications of cybercrimes.

”Cyber threat is real. Every year, billions of dollars are lost to cyber crime,’’ he said.

Bray said that there was need for awareness on the issue of cybercrime and security measures to be taken to surmount the scourge.

He said that without good cyber security in place, half of the G-20 would be lost to cybercrime.

According to him, the ‘Stop’, ‘Think’, ‘Connect’ is the global online safety awareness campaign to help all digital citizens stay safer and more secure online.

He said that cyber awareness was everyone’s responsibility and it involved sharing information and cooperating to mitigate the effect of cyber threat.

The Police Public Relations Officer (PPRO), Lagos State Command, SP Dolapo Badmus said that the issue of cybercrime had gone beyond the popular ‘Yahoo-Yahoo’.

Badmus said that with the Cybercrime Act of 2015 included hacking, cyber bullying, among others.

She said that the Police were keying into the Cyber security Act and anyone found guilty was liable to not less than two years imprisonment and fine.

Badmus said that the leadership of the force would soon establish Anti-Cybercrime Unit, which would handle the issues of cybercrime.

She said that the members of the unit would undergo adequate training on how to handle cybercrime issues.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Unemployment: NATA trains 6,000 as auto-technicians
Next Mugabe bans west-funded NGOs from observing 2018 elections

Related Stories

32m West Africans risk displacement, $294bn needed to tackle climate crisis — ECOWAS regional heads
  • International News

32m West Africans risk displacement, $294bn needed to tackle climate crisis — ECOWAS

August 12, 2026
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive – IEA says IEA
  • International News

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive – IEA says

August 12, 2026
Oil rises as doubts over US-Iran deal heighten supply concerns reserves crude oil
  • International News

Oil rises as doubts over US-Iran deal heighten supply concerns

August 12, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

BBNaija: Kamsy loses out on N160m cash prize, evicted
  • National News

BBNaija: Kamsy loses out on N160m cash prize, evicted

August 17, 2026
Spider-Man surpasses $2bn at box office after three weekends in theatres
  • Society

Spider-Man surpasses $2bn at box office after three weekends in theatres

August 17, 2026
Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody ICPC
  • National News

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody

August 16, 2026
Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports
  • National News

Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports

August 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.