cybersecurity tips

What Happened

Safer Internet Day was observed globally on February 10, 2026, emphasizing the importance of responsible digital technology use. This year’s focus is particularly relevant in Nigeria, where internet penetration has surged, leading to increased cyber threats. Reports indicate that phishing and online scams are the most prevalent cyber threats in the region, with Nigeria ranking among the top three affected countries.

Why It Matters

The rapid growth of Nigeria’s digital economy has transformed transaction methods and communication, but it has also led to significant financial losses due to cybercrime. Estimates suggest that Nigeria faces annual losses of approximately $500 million from cyber-related fraud. As mobile banking and fintech become commonplace, cybercriminals are increasingly targeting personal devices, including smartphones, which often serve as the primary gateway to the internet for many users.

What’s Next

As cyber threats evolve, awareness and education on cybersecurity practices become essential. The Deloitte Nigeria Cybersecurity Outlook 2026 highlights a rise in sophisticated attacks, including phishing scams and ransomware incidents. Individuals and organizations must prioritize cybersecurity measures to protect sensitive information and mitigate risks associated with the growing digital landscape.