Nigeria ranked 16th position in the top 20 countries worst affected by internet crimes

Among many countries in the world which are worst affected by internet crime, FBI has ranked Nigeria on 16th position in their top 20 list for 2020 report

The Federal Bureau of Investigation FBI which is the domestic intelligence and security service of the United States and its principal federal law enforcement agency released their 2020 report which includes information from 791,790 complaints of suspected internet crime

Nigeria and South Africa were listed among the terrible 20. South Africa was rated sixth with 1,754 victims while Nigeria had 443 victims. Countries like Pakistan, China, Columbia, and Hong Kong ranked better than Nigeria. 

According to the report there was an increase in internet crime victims with an increase of more than 300,000 complaints from 2019. They also reported losses exceeded $4.2 billion.

There 2020 report was based on complaint received victims related to Phishing scams, non-payment/non-delivery scams and extortion and it was also learnt that victims lost the most money to business email compromise scams, romance and confidence schemes, and investment fraud. 

COVID-19 pandemics ravaging the world right now was also among the tactics used by internet fraudster as emergency for scam exploiting with the IC3 received over 28,500 complaints related to COVID-19, with fraudsters targeting both businesses and individuals.

The top 20 countries with high victims of Internet scam are

  1. United Kingdom; 2. Canada; 3. India; 4. Greece; 5. Australia; 6. South Africa; 7. France; 8. Germany; 9. Mexico; 10. Belgium; 11. Brazil; Philippines; 13. Italy; 14. Spain; 15. Netherlands; 16. Nigeria; 17. Pakistan; 18. China; 19. Colombia; 20. Hong Kong.
    The FBI noted that Business E-mail Compromise (BEC) schemes continued to be the costliest. There were 19,369 complaints with an adjusted loss of approximately $1.8 billion.

The Federal Bureau of Investigation FBI stated the 2020 report to remind the public to immediately report suspected criminal internet activity to the IC3 at The American agency added that by reporting internet crime, victims are not only alerting law enforcement to the activity but aiding in the overall fight against cybercrime.

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