Interpol launches anti-Yahoo-Yahoo initiative in Africa

Interpol launches anti-Yahoo-Yahoo initiative in Africa

SaharaReporters reports that the International Criminal Police Organization, Interpol, is creating a new UK-funded cybercrime service to empower 49 African countries to fight cybercrime.

The agency said in a statement that the African bureau will help define a regional strategy to guide coordinated intelligence action against cybercriminals and support joint operations.

Speaking at the CYBERUK conference in London, UK Foreign Secretary Dominic Raab said: “We are working with like-minded people to ensure that the international order governing cyber business is aligned with our purpose.

“Our goal should be to create a free, open, peaceful and secure cyberspace for the benefit of all countries and all people.

“We want international law to be respected in cyberspace, as elsewhere. And we need to show how the rules apply to these technological changes, threat changes, and systemic efforts to turn the Internet into a lawless space.

“The UK’s support for INTERPOL’s cyber initiative in Africa underscores its commitment to this fight and will become an important part of the global security architecture to combat cybercrime.”

He also said that cybercrime is one of the most widespread forms of international crime, which will cost the global economy $ 10.5 trillion a year in damage by 2025.

A 2017 assessment coordinated by INTERPOL with partners and member countries in Africa found that every act of online fraud targeted at businesses allows cybercriminals to steal an average of $ 2.7 million from businesses and $ 422,000 from individuals.

In addition, Interpol Secretary General Jürgen Stock said: “With more than 4.5 billion people online, more than half of humanity is at any moment at risk of becoming a victim of cybercrime, which requires a decisive and unified response.”

The creation of Interpol’s new cybercrime service comes at a time when cybercriminals are attacking the networks and computer systems of individuals, companies and organizations around the world, when cyber defenses may be more vulnerable due to the shifting focus on the pandemic crisis.

The project will provide the ability to conduct periodic cybercrime audits in Africa and publish annual threat landscape assessments that will support operational activities.

The three-year initiative has received nearly £ 3 million from the UK. The African Cybercrime Initiative will be implemented by the Cybercrime Authority of Interpol’s Global Innovation Complex in Singapore, the agency said.

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