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FBI ranks Nigeria as 16th worst country in internet crimes

THE Federal Bureau of Investigation (FBI) has ranked Nigeria as one of the countries worst affected by internet crimes in 2020.

This was revealed in a release tagged, “2020 Internet Crime Report of the FBI Complaint Centre (IC3).”

According to the report, Nigeria is the 16th country worst hit by internet crime across the globe.

In a statement, Paul Abbate, FBI Deputy Director, said IC3 received a record number of complaints from Americans in 2020: 791,790, with reported losses exceeding $4.1 billion. 

Abbate added that the  represents a 69% increase in total complaints from 2019.

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.

Phishing scams had 241,342 complaints, with adjusted losses of over $54 million, while the number of ransomware incidents also continues to rise, with 2,474 incidents reported in 2020.

Through the Recovery Asset Team, IC3 worked with its partners to successfully freeze approximately $380 million of the $462 million in reported losses in 2020, nearly 82% in addition.

The top 20 countries: 1. United Kingdom; 2. Canada; 3. India; 4. Greece; 5. Australia; 6. South Africa; 7. France; 8. Germany; 9. Mexico; 10. Belgium.

The rest: 11. Brazil; Philippines; 13. Italy; 14. Spain; 15. Netherlands; 16. Nigeria; 17. Pakistan; 18. China; 19. Colombia; 20. Hong Kong. 

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