Prevalence of Cybercrime Amongst Nigerian Youths

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Prior to the technological innovation that heralded the Internet, financial fraudsters popularly known as 419-ners were in operation in Nigeria especially in the commercial city of Lagos. They were a mix of grown-up, educated and illiterate men and women, who specialised in using fax machines to defraud unsuspecting foreigners and Nigerians.

How Nigerian Scammers Buy Exploit Kits To Defraud Asian Businesses

A small group of Nigerian scammers is using more sophisticated methods to defraud mostly Asian businesses, including buying exploit kits and malware from experienced coders, according to a new report from FireEye.

Cybersecurity: Carbanak Attack, Tyupkin Malware Reveal a New Breed of ATM Fraud

When Kaspersky Lab's released its report in February detailing how the Carbanak gang, among other things, was able to manipulate ATMs so they'd dispense cash to money mules without any physical interaction, it made quite a few headlines.