Cameroon's economy had recorded, in 2019, nearly $10 million in losses related to bank fraud. According to the National ICT Agency (Antic), these losses were estimated at 12.2 billion FCFA ($20.2 million) to the Cameroonian economy in 2021.

Cybercrime caused financial losses of 12.2 billion FCFA ($20.2 million) to the Cameroonian economy in 2021. This is double the losses reported by Antic for the 2019 financial year. In detail, the financial losses due to intrusions into the computer systems of public and private administrations amount to 2.5 billion FCFA.

Financial losses due to Scamming (email whose objective is to abuse the trust of the recipient to obtain money) and phishing (technique used by fraudsters to obtain personal information with the aim of perpetrating a usurpation of identity) amounted to 6 billion FCFA. As for the financial losses due to skimming, they amount to 3.7 billion FCFA. Skimming is a fraud based on the diversion of a consumer's bank card information while using an ATM that has previously been tricked for this purpose.