How To Beat Nigerian Yahoo Boys And Digital Banking Fraudsters

How To Beat Nigerian Yahoo Boys And Digital Banking Fraudsters
Bottomline: According to the Nigerian Senate, Nigeria has lost about $450 million to cyber-criminals. Cyber-crime is real and it is already ravaging businesses and families. From the evil Yahoo Boys to the sophisticated Russian syndicates, Nigeria and indeed Africa continue to experience high incidence of cyber-related crimes. This will not change because the higher the penetration of the internet, the more these crimes will grow. The big problem is that Africa has poor cybersecurity strategy: patchy legal structures and low tech capability. Even U.S. struggles  despite its celebrated FBI and other institutions. But while we wait for governments, I present…
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