Background: This paper unveils the role of security intelligence in facilitating the war against cybercrime in organizations. it introduces the term cybercrime and security intelligence with financial organizations in Nigeria.… Click to show full abstract
Background: This paper unveils the role of security intelligence in facilitating the war against cybercrime in organizations. it introduces the term cybercrime and security intelligence with financial organizations in Nigeria. Since the invention of information and communication technology in Nigeria, citizens have become fascinated and engrossed. Unfortunately, this opened the door for people with malicious intent to attack individuals, organizations, and nations. Thus, this paper examines the problem of information vulnerability, identifies the level of cybercrime in financial entities, establishes the type of cybercrime, and assesses security intelligence awareness among staff and customers. Methods: The paper employed the simple-random sampling technique, using a primary and secondary source of information, analyzing frequency counts, percentages, and charts for the demographic variables, and used chi-square through SPSS data processing. Results: The results state the ubiquity of cybercrime among financial organizations and reveals that phishing scams, website spoofing, piracy, ransomware, and hacking are the top cyber-crime types commonly used. Conclusions: Thus, the administration of security intelligence can reduce internal and external threats in an organization. Furthermore, the paper states that security intelligence intervention is independent of the nature of cybercrime across the organization. However, the paper recommends that organizations need to enlighten their staff and customers with measures to safeguard information against cybercrime with the usage of security intelligence techniques and other proactive measures.
               
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