With the rapid digitalization of business and finance, cybercrime has emerged as one of Nigeria’s most pressing legal and security challenges. Fraud, phishing, ransomware, identity theft, and hacking threaten individuals, companies, and critical infrastructure.
The Economic and Financial Crimes Commission (EFCC) plays a central role in combating cybercrime, backed by Nigeria’s legal framework. Understanding these obligations is crucial for businesses, fintechs, and online platforms to ensure compliance and protect stakeholders.