Cyber Security experts in Nigeria, with the Nigerian Interpol and members of the local intelligence community, gathered to brainstorm ways to tackle the rising cases of cyber crimes in the country.
The various bodies decided on virtual and digital asset training particularly focused on stablecoins for the various intelligence bodies in the country.
According to CoinTelegraph, the meeting occurred in Nigeria’s capital city of Abuja under a training platform organized by A&D Forensics in partnership with the Africa Stablecoin Consortium.
The meeting was designed to prepare Nigeria’s Interpol and make them conversant with issues bordering digital assets crimes, particularly stable currencies.
According to Blockchain Specialist, Chioma Onyekulu, the training section aims to empower Interpol agents in Nigeria with skills to use blockchain intelligence and analysis to go after cyber criminals involved in cryptocurrency transactions, especially bitcoin and stablecoins.
Ms Onyekulu explained that cybercrime has evolved beyond traditional fiat currency, with cyber criminals now upping their game to digital assets and blockchain-related thefts.
He added that as Nigerian Interpol officers receive collaborative requests from international partners, it is important to get them prepared and equipped with the right skills to maximize crime-fighting through training.
As Nigeria’s involvement with virtual asset exchanges continues to grow, targeted training of intelligence officers will enable them to effectively tackle cybercrimes involving virtual assets, particularly stablecoins.
Adedeji Owonibi, Senior Partner at A&D Forensics, told journalists that the training is imperative due to the rising cybercrime trends in the country. He stated:
In relation to the controversies and outbursts created by the recent cyber security levy, Adedeji argued that the Federal Government retains the right to make decisions on matters that pertain to national security, emphasizing the importance of prioritizing national security.