The rise of cybercrimes in Nigeria has eaten deep into the fabrics of the nation and globalization is seen as the foundational cause of cybercrimes in Nigeria and other countries which are suffering from the same social menace. This paper adopted the documentary research method using the secondary source of data collection where information was derived from textbooks, journals, internet materials, periodicals and publications. Guided by the risk theory which was propounded by Ulrich Beck, the paper discusses how the emergence of globalization has negative implications for individuals and society alike. In today’s world, technological progress is continuous and technology creates new types of threats which we must continually adjust to and adopt to. According to Beck, the risk society encompasses a slew of interconnected in modern social life, including changing work trends, rising job insecurity, cybercrime and waning impact of tradition and custom. The conclusion that was drawn from this paper submits that not all the blame can be put on the youths as it is a reality that every action leads to a reaction. The action here is the inability of the government to perform its duties in making its citizens comfortable through the provisions of basic amenities and these actions prompts the reaction of the citizens in Nigeria especially the youths were they have to go extra miles to survive even if it means engaging in criminal activities because they have lost all hope in the government. Following this submission, this paper recommends that frequent seminars and workshops on cyber security need to be conducted so that people can learn how to protect their personal information and youths can avoid being victims of cybercrime, also for cybercrime to be tackled, jobs should be provided by the government and private sectors for recent graduates in order to impair the number of youths who are committing involved in cybercrimes.

Keywords: Globalization, Cybercrimes, Yahoo Boys, Government, Development