Proceedings of the 27th iSTEAMS Multidisciplinary &Amp; Inter-Tertiary Research Conference 2021
DOI: 10.22624/aims/isteams-2021/v27p6
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Cybercrime and Underground Attack Technologies: Perspectives from the Nigerian Banking Sector.

Abstract: Banks all over the world are taking advantage and opportunities brought about by e-banking which happened as a result of Internet. As the security level in this sector becomes stronger, the strength and tactics of these fraudsters also increases. Various lucrative attacks have been launched and unfortunately, many have succeeded. This paper addressed different types of cybercrimes in banking sector, factors contributing to cybercrime, tools used by cybercriminals, effects of cybercrime on Nigeria banking, cybe… Show more

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“…The banking sector is also exposed to various types of cybercrimes, including underground attack technologies, which have been examined in the context of the Nigerian banking sector [28]. Furthermore, the paper "Cyber Security Challenges through the Lens of the Financial Industry" draws attention to the increased concern among European and international authorities regarding cybersecurity risks faced by the financial industry, emphasising the need for proper prevention, identification, assessment, and management of these risks [29].…”
Section: Existing Cybersecurity Challenges In the Finance Industrymentioning
confidence: 99%
“…The banking sector is also exposed to various types of cybercrimes, including underground attack technologies, which have been examined in the context of the Nigerian banking sector [28]. Furthermore, the paper "Cyber Security Challenges through the Lens of the Financial Industry" draws attention to the increased concern among European and international authorities regarding cybersecurity risks faced by the financial industry, emphasising the need for proper prevention, identification, assessment, and management of these risks [29].…”
Section: Existing Cybersecurity Challenges In the Finance Industrymentioning
confidence: 99%