The Federal Bureau of Investigation (FBI) has rated Nigeria as one of the countries worst affected by internet crimes in 2020.
Africa’s most populous nation was listed as the 16th most-affected according to the 2020 Internet Crime Report of the FBI Complaint Centre (IC3).
In 2020 IC3 obtained from Americans a record number of complaints: 791,790, with reported losses transcending $4.1 billion. The figure indicates a 69% increase in total complaints from 2019. This is according to the statement by Paul Abbate, FBI Deputy Director.
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, 11. Brazil; Philippines; 13. Italy; 14. Spain; 15. Netherlands; 16. Nigeria; 17. Pakistan; 18. China; 19. Colombia; 20. Hong Kong
The FBI reported that Business E-mail Compromise (BEC) schemes remained 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.