Nigeria Joins List Of Top 10 Countries With Highest Internet Scam Rates

With the rise of digital connectivity, internet scams have become a serious global issue, affecting individuals, businesses, and governments. Countries worldwide are contending with rising cybercrime, and Nigeria has been identified among the top 10 nations grappling with internet fraud.

According to Sanction Scanner, the list includes countries like India, Brazil, Pakistan, and South Africa, each facing distinct cyber threats, from identity theft to financial fraud.

In Nigeria, the infamous “419” or advance-fee scams continue to be a problem, affecting both local and international victims. Cybercriminals exploit individuals by promising financial gains in exchange for upfront payments. Despite efforts by the Nigerian Financial Intelligence Unit (NFIU) to crack down on cyber fraud, enforcement is challenged by institutional corruption. Education campaigns to increase public awareness about online scams are vital to combating these crimes.

Nigeria joins other nations like India, where online shopping and tech support scams are prevalent, and Brazil, which has seen a spike in banking trojan attacks. With global cybercrime rising, affected countries are intensifying regulatory and educational efforts to protect citizens and businesses from these schemes.