One of the frequently used secure way of carrying out transactions on the cyberspace is the use of SMS OTP which is used in financial transaction verifications, a site registrant’s mobile number availability, and in social media. SMS OTP has been the most preferred service than email OTP by many users. The cyberspace is a global borderless environment where people of bad intentions can exploit weakness in one geographical location and use them on the cyberspace which inevitably affect other geographical locations. Of recent, there have been reports of cybersecurity issues targeting users which include; malicious emails, malicious websites, child pornography and others. Pursuing these services has led to mobile numbers whose registered national identities has pointed to non-existent owners or data not available in the national database. Statistics from investigating agencies indicate that there is a strong correlation coefficient between the cybersecurity incidents and mobile numbers whose national identification does not exist. This paper presents correlation analysis of these cybersecurity incidents and demonstrates how they relate to the number of the national identities that do not exist, with special focus on Malawi. Specifically, the correlation analysis uses the numerical data collected between 2016 and 2021.