Information security – the safeguarding of computer
systems and the integrity confidentiality, and availability of data they
contain – has long been recognized as a critical national policy issue. Its
importance is growing as the integration of computers and ICT into more and
more aspects of modern life continues. In addition, cyber attacks or breaches
of information security, appear to be increasing in frequency and few are willing
to ignore the possibility that the severity of future attacks could be much
greater than what has been observed to date. More so that Nigeria as a country
(and a developing country for that matter) continues to occupy an unenviable
position in the world of cyber crimes.
This chapter is therefore concerned with
the discussion of the negative impact of cyber crime on Nigerian economy.
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