30 results
- 16 Dec 2018
Banks, PSPs Race to Comply with CBN Risk-Based Cyber Security Framework
Central Bank of Nigeria (CBN) has released a risk-based cybersecurity framework and guidelines for Deposit Money Banks (DMBs) and Payment Service Providers (PSPs) which they must comply with by…
- 26 May 2017
WannaCry Event Underscores Need for Risk-Based Defenses, Say IDC Security Experts
The recent WannaCry worm/ransomware outbreak infected approximately 200,000 endpoints across 150 countries, highlighting the devastating and inevitable effects of ransomware. While patching systems…
- 11 Aug 2021
SEC Begins Implementation of AfDB Funded Risk-based Supervision Project
The Securities and Exchange Commission, SEC, yesterday disclosed that it has begun the implementation of the African Development Bank, AfDB, funded risk-based supervision framework and capacity…
- 1 Feb 2010
Osibodu Harps on Risk Based Auditing
Mrs. Funke Osibodu, group managing director/Chief Executive of Union Bank of Nigeria Plc, has called on auditors/bank inspectors nationwide to embrace risk based auditing as a way of abating the…
- 13 May 2024
Firm Identifies Significant Security Risks in Widely used Cinterion Modems
Kaspersky ICS CERT researchers have detected critical vulnerabilities in Cinterion cellular modems. The discovery showcases flaws that allow a remote unauthorised attacker to execute arbitrary code,…
- 18 Jul 2019
Forcepoint Unveils Digital Transformation Acceleration Strategy with New Converged Cybersecurity Solutions and Partner Ecosystem
Forcepoint is strategically investing in the creation of a human-centric technology partner ecosystem that enables customers to achieve their digital transformation outcomes by enabling secure…
- 28 Jun 2018
CBN Unveils Cyber Security Guidelines for Banks
Central Bank of Nigeria (CBN) has released a draft risk-based framework and guidelines on cyber security for deposit money banks and payment service providers (PSPs). A publication signed by…
- 16 Aug 2018
Underinvestment, Human Errors Put ICS Security in Key Verticals at Risk - Report
According to Kaspersky Lab’s State of Industrial Cybersecurity 2018’ survey, industrial and energy enterprises, as well as transport and logistics companies, have different opinions regarding the…
- 29 Aug 2014
Digital Risk ‘Soldiers’ Will Emerge in 2015
A new report by the Gartner Inc. showed that more than half of (global) chief executive officers are willing have a senior "digital" leader role in their staff by the end of 2015.…
- 2 Aug 2018
CBN to Introduce New Cyber security Framework for Banks, Others
The Central Bank of Nigeria (CBN) said a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country will soon be introduced. The Central Bank…
- 23 May 2018
ATM Skimming Remains a Top 5 Trend in Data Breaches
Risk Based Security has released the results of its Q1 2018 Data Breach QuickView Report, which shows that breaches of all types fell by more than half in the first quarter of 1018 compared with the…
- 15 Dec 2016
Almost Half of World's Top Websites Risky - Report
Nearly half (46%) of the Internet's top one million Web sites, as ranked by Alexa, are risky. This is according to a study released yesterday by US-based cyber security firm Menlo Security, which…
- 5 Feb 2015
Cyberoam Extends Its Layer-8 Technology Innovation with UTQ
Cyberoam, a leading global provider of network security appliances has introduced a unique capability – User Threat Quotient (UTQ). This is expected to help IT security managers identify users posing…
- 15 Sept 2016
Banking, FinServ & Insurance Security Market to Hit $48Bn 5 Years
Banking, Financial Services and Insurance is estimated to grow from USD 30.23 Billion in 2016 to USD 48.95 Billion by 2021, at a CAGR of 10.1%. "BFSI” Security Market is measured by marketsandmarkets…
- 9 Mar 2009
Finding Reveals Significant Savings Potential for Information Security and Audit
A new research co-sponsored by the Computer Security Institute, The Institute of Internal Auditors, Protiviti, ISACA, IT Governance Institute, and Symantec Corp has outlined a risk-based…
- 1 Feb 2023
Check Point Expands its Cloud Native Application Protection Platform with Risk Management Engine
Check Point Software Technologies, a leading provider of cybersecurity solutions globally, introduces a new risk management engine along with enhanced capabilities to the Check Point CloudGuard Cloud…
- 10 Feb 2026
Sophos Expands AI Capabilities with Arco Cyber Acquisition
Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced it has acquired UK-based Arco Cyber, a cybersecurity assurance company dedicated to helping…
- 3 Jan 2017
Cyber Security Deal Tracker Covering More Than 200 Deals
MarketsandMarkets cyber security deal tracker now covers more than 200 deals, with various industries and technologies. The company tracks the behavior of the market by identifying the type of…
- 19 Aug 2020
BSA Urges Govts to Capitalise on 5G Potential
Business Software Alliance (BSA) has urged governments across the globe to capitalise on the potential that comes with the fifth generation (5G) technology. BSA said 5G technologies will improve…
- 18 Nov 2013
Aviation Industry IT Security Spending since 9/11 Hits $100Bn
Aviation industry’s susceptibility to cyber threats has been on the increase, despite some $ 100 billion spent on cyber security since 9/11, according to International Air Transport Association…
- 31 Aug 2014
IM-Africa Advocates for Information Protection, Privacy Law
Institute of Information Management – Africa (IIM-Africa), has called for the enactment of information protection and privacy law in Nigeria to aid individuals and organizations in proper management…
- 26 Apr 2020
How NCC Stopped $3Bn Call Masking Revenue Fraud In Nigeria
The masking of foreign calls with local phone numbers was illegal, a security risk and also a threat to the revenue base of major mobile network operators (MNOs) whose networks were bypassed for such…
- 13 Dec 2013
Winigroup, Sybex, Boost Students, IT Professionals Skills With E-Contents
WiniGroup, an international IT security solutions company based in Nigeria has joined forces with Sybex, publisher of premium learning products and solutions for cutting edge technologies, to provide…
- 12 Jul 2019
IT Managers are Inundated with Cyberattacks, Struggling to Keep Up, Says Sophos Global Survey
Sophos, a global leader in network and endpoint security, has announced the findings of its global survey, The Impossible Puzzle of Cybersecurity, which reveals that IT managers are inundated with…
- 24 Jan 2017
IBM Security Explains Interest to Acquire Agile 3 Solutions
IBM Security on Monday announced plans to acquire Agile 3 Solutions, a developer of software used by the C-Suite and senior executives to better visualize, understand and manage risks associated with…
- 28 Jun 2018
CBN Mandates Banks’ Directors to Protect Data
Bank directors will henceforth be responsible for the protection and security of customers’ data against e-fraudsters, the Central Bank of Nigeria (CBN) has directed. The new rule followed the…
- 19 Jan 2026
Sophos Unveils Workspace Protection for Hybrid Workforce and AI Risks
Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced Sophos Workspace Protection, expanding its portfolio to help organizations secure hybrid work and…
- 10 Nov 2015
Identity & Access Management Market Reach $24.55Bn by 2022- Research
Grand View Research has disclosed that a rise in web-based applications and risk management solution, such as policy-based compliance and audit management - combined with cost containment are set to…
- 21 Oct 2025
Sophos Launches Identity Threat Detection and Response to Combat Rising Credential-Based Cyberattacks
Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced the launch of Sophos Identity Threat Detection and Response (ITDR). This new solution for Sophos…
- 27 Oct 2016
IATA: Principles to Manage Aviation’s Security Challenges
The International Air Transport Association (IATA) called on industry and governments to work together in an even stronger partnership to provide durable solutions to aviation’s security challenges.…