Nigeria lost about N6.2bn to cyber crimes in 2014, an official of the Economic and Financial Crimes Commission, EFCC, Bank Fraud Section, Mr Ibrahim Shazali, revealed on Tuesday, October 21.Shazali stated this in Ilorin at the ongoing Nigerian Deposit Insurance Corporation (NDIC) workshop for financial journalists.
He said the figure was grossly higher than the N485 million that was lost through the same channels in 2013.
Shazali identified Point of Sales (PoS), ATMs and mobile banking as the major avenues where the cyber crimes were being committed.
