30 results
- 30 May 2018
Stakeholders to Launch 2017 Nigeria Cyber Security Report
The city of Lagos, South-West Nigeria is set to host stakeholders drawn from banking, telecommunications and other sectors of the Nigerian economy to the launch of the 2017 Nigeria Cyber Security…
- 19 Apr 2017
CSEAN Decries Increasing Cyber-Attack Threats in Nigeria
Cyber Security Experts Association of Nigeria (CSEAN) has warned that the country is currently vulnerable to cyber-attacks. Remi Afon, CSEAN President stated in Abuja that corporate organisations and…
- 23 Jan 2017
Wanted! Cyber Security Framework, Others to Fight Cyber-Attacks
Cyber security experts have urged relevant agencies of government to put in place necessary framework to secure the country against impending cyber- attacks. This is coming against the backdrop of…
- 10 Jun 2018
Worries as MDAs, Others Shun ONSA Cyber Security Infrastructure
Office of National Security Adviser (ONSA) has expressed concerns over lack of interest by government agencies and private organizations to use its robust cyber security infrastructure for monitoring…
- 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…
- 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…
- 24 Mar 2017
Cisco 2017 Annual Cybersecurity Report Reveals True Cost of Cyber Breaches
Cisco, worldwide leader in IT and networking released its Annual Cybersecurity Report (ACR). The Cisco Annual Cybersecurity Report, now in its tenth year, examines the latest threat intelligence…
- 17 Mar 2017
NaijaSecCon'17 To Showcase Latest Cyber Attack, Defense Mechanisms
Following the growing cyber security challenges in West Africa, Nigeria Security Conference 2017 (NaijaSecCon'17) is being convened to educate the participants on the techniques deployed by hackers.…
- 25 May 2017
NASCAM to Empower Journalists on Cyber Security
The National Cyber Security Awareness Movement (NASCAM); a not for profit organisation, is organizing a Master Class programme for Nigerian journalists in order to acquaint practitioners with the…
- 2 Dec 2019
Nigerian Firms, Others Spend $800m on Cyber Security
Financial services companies, government institutions, telecommunication firms and financial technology companies operating in Nigeria, among others lost about $800m to cybercrime in 2018, according…
- 18 Apr 2019
NaijaSecCon 2019 to Focus on maturing Nigerian Information Security Space
The NaijaSecCon Cybersecurity Conference, the largest annual technical Cyber-Security Conference in Nigeria and Africa is back in Lagos. This time, it is taking on the role of maturing the Nigerian…
- 23 Jan 2017
Only Informed, Prepared Will Survive Cyberattacks with Less Losses- Deloitte
Transitioning from 2016 to 2017, the journey of attaining a secure cyber ecosystem is a long but optimistic one as cyberattacks would continue to grow and only the informed and prepared would survive…
- 13 Jan 2022
Nigerian Businesses Record 2,308 Cyber Attacks Weekly - Report
Worldwide, the number of attacks experienced per business each week is 870 on average – alarmingly, in Nigeria, this weekly figure is 2 308 across all industry sectors collectively. The more-granular…
- 10 Oct 2016
Kaspersky Assures Nigeria Internet Users of Privacy, Security
Kaspersky Lab has announced the availability of the new version of its flagship security solution, Kaspersky Internet Security – multi-device in Nigeria, which provides users with additional…
- 4 Oct 2018
Nigeria, Others Face Threats of Cyber Attacks
Check Point Software Technologies, a global provider of cybersecurity solutions, has revealed that African countries, Nigeria inclusive, are under heavy threat from cybercriminals. According…
- 6 Apr 2023
CREST Delivers a Guide to Fostering Financial Sector Cyber Resilience in Developing Countries
A new Good Practice Guide from CREST, “Fostering Financial Sector Cyber Resilience in Developing Countries”, launches as part of the global not-for-profit’s ongoing work in encouraging greater cyber…
- 31 May 2017
Fraudsters Steal N2.19Bn in 2016 – Report
The electronic payment space transaction fraud rose by 82 percent in 2016 with an estimated N2.19 billion lost to cyber criminals, according to the Nigeria Electronic Fraud Forum (NeFF) annual report…
- 12 Feb 2018
Curbing N127bn Cybersecurity Annual Losses via Tardigrade’s ERA Roadmap
With cyber attacks on the rise, organisations across the globe are contending with loss of reputation, loss of customers, potential financial liabilities, regulatory notification requirements and…
- 16 Nov 2020
Stakeholders Task CBN, NCC to Conduct Fintech Talent Needs Survey
The Fintech specialists and other stakeholders have tasked the Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and Nigeria Security Commission to conduct a talent needs…
- 13 Jan 2017
Deloitte Warns against Bitcoin Wallet Thieves, Others
Asides Bitcoin transactions being irreversible and the prices volatile, Tope Aladenusi, Partner, Cyber Risks Services, Deloitte West Africa, has warned that ‘Bitcoin wallet thieves’ and…
- 19 Jan 2017
Nigeria Risks Losing 37% Of GDP to Corruption By 2030- Allianz
Corruption in Nigeria could cost up to 37% of GDP by 2030 if it’s not dealt with immediately, Allianz Global Corporate & Specialty (AGCS) has warned. AGCS is the Allianz centre of expertise for…
- 4 Aug 2015
Jovago Tips eCommerce to Boost Hospitality Profits by Year End
Following the exponential growth recorded in Nigeria’s electronic commerce market, the higher annual fiscal yields accrued from the hospitality sector are expected to rise by the year 2017. Based on…
- 5 May 2019
Bank Customers Lose N3.6Bn to Cyberfraud
A total of 63,895 bank customers lost N3.6bn to cyberfraud in two years, 2017 and 2018, the Nigeria Electronic Fraud Forum (NeFF) has disclosed. Sam Okojere, chairman, NeFF, who is also the…
- 13 Dec 2015
SMBs Will Become Bigger Targets For Cybercriminals in 2016- Sophos
In the ever changing and increasingly complex landscape of cyber security, Sophos experts offer their top predictions for 2016 one of which is that Small and Medium ‎Businesses (SMBs) will become…
- 11 Jan 2017
Beware! Cryptocurrencies Will Make Ponzi Schemes More Fraudulent- Deloitte
Aside the undisputable fact that emails and passwords used on Ponzi Schemes could be compromised or sold to criminals out there or used in other places were people reuse passwords, the inclusion of…
- 6 May 2018
Experts at NaijaSecCon’18 Seek Improved Education on cybersecurity in Nigeria
Participants at the second edition of NaijaSecCon have been exposed to insights and discussions around malware analyses; cryptocurrency mining, USB forensics, digital forensics capabilities,…
- 2 Jul 2017
NITDA, Others Raise Alert as 'GoldenEye' Paralyses Businesses
National Information Technology Development Agency (NITDA) and other cyber security firms have alerted Nigerian companies on the rampaging ransomware attacks called Petya or 'GoldenEye'. The deadly…
- 24 Nov 2025
Reps Decry Rising Fraudulent Activities Linked to POS
The House of Representatives has raised concern over a surge in fraud linked to Point-of-Sale (POS) operators nationwide. POS terminals are now a popular cash source for businesses and individuals…
- 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…
- 14 May 2021
Securing Your Organization Against Ransomware Attacks
Nigerian businesses continue to reap immense gains from deploying contemporary digital technologies in the design and execution of their processes. But these tools aren’t always insulated from…