cybercrime

FBI Offers $10,000 To Arrest Fraudster Olumide Adebiyi Adediran

FBI Offers $10,000 To Arrest Fraudster Olumide Adebiyi Adediran

FBI has announced a reward of up to $10,000 for information leading to the arrest of Olumide Adebiyi Adediran, a Nigerian national wanted for violating the terms of his federal release. The notice, issued Wednesday night, underscores the bureau’s efforts to track fugitives involved in complex financial crimes.

Adediran became a fugitive in late December 2001 when he fled the Central District of Illinois just days before his federal trial was set to begin. He was facing multiple charges, including bank fraud, identification document fraud, and credit card fraud, reflecting alleged involvement in schemes that targeted both individuals and financial …

Phishing attacks rise as cybercrime cost hits $6 trillion

Phishing attacks rise as cybercrime cost hits $6 trillion

Microsoft has called for safer online community in Nigeria, stressing that cybercrime will cost the global economy $6 trillion by 2021. Microsoft said the call became necessary following increasing phishing attacks on the Nigerian community.The firm said phishing, which is the biggest security headache for businesses and individuals, is among the hardest to tackle. The American technology company said phishing increased by over 250 per cent in Nigeria and other parts of the world.Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords and credit card details by disguising oneself as a trustworthy entity in an electronic …