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The IUP Journal of Information Technology
Evaluation and Analysis of Cyber Attacks in Nigeria
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In recent years, the advent of Information Technology (IT) in carrying out operation on large amount of data and interconnectivity has led to tremendous increase in security threats. Networks have become a central feature in many people’s lives, both for personal and business use. The internet is a network of networks and so each of those networks needs some security features in place. In Nigeria, large-scale cyber attacks, designed to take down or compromise national infrastructure, are suspected to have been carried out by individuals and some groups. This disturbing trend of cybercrimes and related insecurity calls for pressing need for joint efforts to protect Nigeria’s cyberspace. The paper evaluates the cyber attacks in Nigeria with particular interest on banking. Sample questions were collected and analyzed. The results showed that Nigerian banking industry needs to do a lot to improve the security measures as most customers are either victims of cybercrime or vulnerable to one.

 
 

Tatum (2010) stated that cyber attack can be seen as an attempt to undermine or compromise the working of a computer-based system, or attempt to track the online movements of individuals without their authorization; attacks of this type may be undetectable to the end user or lead to a total disruption of the network that none of the users can perform even the most rudimentary of tasks. Kevin (2003) also defined cyber attacks as computer-to-computer attacks that countermine the privacy, integrity, or availability of a computer or information resident on it. Technology adoption continues to rise in Africa, with mobile smart device ownership growing exponentially, social media use increasing, and the Internet of Things (IoT) becoming a reality. Even the most conservative metrics show that Africa is resolute to make great gains and help push international growth into the future. With this growing prosperity and digitization however, come new risks and vulnerabilities that could undermine progress (Mockar et al., 2016).

Omodunbi et al. (2016) stated that state cybercrime is a new trend that is gradually growing as the internet continues to penetrate every sector of our society and no one can predict its future. The crime usually requires a hectic task to trace which includes:

(1) cybercrimes that affect computer networks and devices directly such as malicious code, computing viruses, malware, etc.; and (2) crimes facilitated by computer networks or devices, the primary target of which is independent of the computer networks or device such as cyber stalking, fraud and identity theft, phishing scams and information warfare (Omodunbi et al., 2016).

 
 

Information Technology Journal,Cyber attacks, Cybercrime, Internet, Cyber threat, Security, Cyberspace.