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Cameroon loses XAF 6 bln to cybercrime in 2019

Friday 21 August 2020 | 09:57 CET | News
Cameroon lost about XAF 6 billion to cybercrime in 2019,  ITWeb reported, citing a report by the National Agency for Information and Communication Technologies (ANTIC). The agency said since 2018, it has received 2,050 complaints related to phishing, identity theft and scamming among others, and issued 31 security bulletins. Financial fraud is the most severe cybercrime, specifically perpetrated using Business E-mail Compromise (BEC) to initiate false wire transfer orders, resulting in XAF 6 billion in losses.  

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Categories: Internet
Countries: Cameroon
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