Published June 19, 2021
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GLOBALIZATION AND CYBER CRIMES: A REVIEW OF FORMS AND EFFECTS OF CYBER CRIME IN NIGERIA
- 1. Department of Economics, Afe Babalola University Ado-Ekiti, Ekiti State, Nigeria
- 2. Department of Philosophy, Ekiti State University, Ado-Ekiti, Nigeria
- 3. Macroeconomics and Governance Division, United Nations Economic Commission for Africa, Ethiopia
Description
Globalization involves interaction, collaboration and integration among individuals, organizations, societies, and governments of different nations. Globalization has enhanced progress in various parts of the world in different ways. Over the years, it has promoted access to education, transportation, communication, health facilities, importation and exportation, employment opportunities, revenue for the government and good standard of living for the people. Other aspects of the society that have been greatly influenced by globalization include trade and technology. Advancement in information technology presents new strategies for engaging in globalized economic activities as it facilitates easy transfer of properties, resources, money and collaboration with distant partners. A major negative impact on the society associated with the use of technology in the contemporary time however, is cybercrime. The paper investigates the various forms of cybercrimes, the effects and prevention of cybercrimes in Nigeria, and the connection between cybercrime and globalization from the reviews of literature. It was discovered that cybercrimes have deleterious effects on the lives, economies and international reputations of nations. Therefore, the battle against cybercrimes requires a holistic approach. Users of cyberspace are encouraged to be security conscious and engage antivirus computer programs to prevent cybercrime activities. At the same time, the government should enact comprehensive laws and regulations governing cyber security to punish offenders.
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References
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