The Chairman of House of Representatives Committee on Digital, Information Communication Technology and Cyber-Security, Hon Adedeji Olajide has tasked the governments and private sector stakeholders to invest in threat intelligence, incident response, and digital forensic capabilities to effectively combat the growing threat of cyber attacks. Hon Olajide according to a …
Read More »New Cybersecurity Levy: 0.5% Charge on Electronic Transactions in Nigeria – CBN Order
Nigerians using electronic transactions will soon see a new levy called the cybersecurity levy on their bank statements. The Central Bank of Nigeria (CBN) has directed all banks and financial institutions to begin charging a 0.5% cybersecurity levy on all electronic transactions. This directive follows the enactment of the Cybercrime …
Read More »7.55% of OT Computers in Africa Exposed to Threat via USBs in H2 2023
Kaspersky in its latest report disclosed that cybersecurity threats activities in the second half of 2023. According to the report, 7.55% of Operational Technology computers in Africa were exposed to threats via USBs. The organisation made this disclosure at the 9th annual Cyber Security Weekend – META conference held recently in …
Read More »Banks Tasked to Proactively Fortify Defences Against Cyberthreat Surge in 2024 – Report
The Kaspersky crimeware report and financial predictions for 2024, has anticipates an increase in cyberattacks, exploitation of direct payment systems, the resurgence of Brazilian banking trojans, and a rise in open-source backdoored packages. As a result, financial institutions and organisations should fortify their defenses in 2024, as threats will surge …
Read More »Cyber Threats: NITDA DG Makes Case for Regional Partnerships on Cyber Resilience
As African continent continues to experience rapid technological growth and increasing internet penetration, the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa , has called on governments to be resilient in minimising the impact of cyberattacks on African Nations’ operations of critical infrastructure, national security, reputation, and economy. …
Read More »NCC Sets Up Computer Security Incident Response Facility to Combat Cybercrimes
…NCC-CSIRT project will strengthen telecoms infrastructure protection– Danbatta The Nigerian Communications Commission (NCC) has inaugurated an Computer Security incidence response facility (NCC-CSIRT) aimed at addressing incidences of cybercrimes, protecting telecoms infrastructure and encouraging increased participation in nation’s digital economy. The NCC Center for Computer Security Incident Response is the Commission’s …
Read More »CBN Sets Guidelines to Strengthen Cyber Security Resilience in Banks, OFIs
In an effort to strengthen cyber security resilience in the sector, the Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber attacks. This was contained in a memo by Nkiru Asiegbu, CBN’s Director, Other Financial Institutions Supervision Department, addressed to the …
Read More »Cybersecurity Expert Releases 17 Tips on How to Stay Safe on Social Media
As the global world becomes more interconnected with more people and businesses embracing digitization (active social media engagement) leading to an alarming increase in the number of reported cyber attacks, a cybersecurity consultant and trainer, Meena R has released tips for social media cyber safety. According to the cybersecurity expert, …
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