Cybercrime

One of the most blatant crypto scam in Nigeria, Inksnation

One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. The SEC has previously warned Nigerians against investing with the scam saying doing so would be at own risk as there is no legal recourse

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Beware of UPI Fraudulent Activities

Today, along with keeping oneself safe from the coronavirus, one has to be mindful of cybercriminals. These criminals are especially targeting users taking the digital route to conduct financial transactions. One of the channels seeing a rise in frauds is the Unified Payment Interface (UPI), a digital payment platform that facilitates cashless, real-time transactions via

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Treasury Sanctions Nigerian Cyber Actors for Targeting U.S. Businesses and Individuals

WASHINGTON – Today, in a coordinated action with the U.S. Department of Justice, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against six Nigerian nationals for conducting an elaborate scheme to steal over six million dollars from victims across the United States. The individuals designated today targeted U.S. businesses and

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