Must Read: Checkout Five Tips To Beat Online Scams

Over a quarter of online scams happen in the run up to Christmas, with victims losing an average of £893(N401, 850), which is more than double the average festive spend.

With many Britons spending more than £400 (N180,000) on Christmas, fraudsters are on the lookout for unsuspecting shoppers buying presents over the internet.

The Nigeria’s Minister of Communications Barrister Adebayo Shittu said Nigeria lost $450million to recent cyber-attacks on the country.

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