The Nation Newspaper

Tag: Cyber Security

  • Cyber security trends to watch in 2019

    The planet has made its trip around the sun and as this year closes out, it is imperative to look ahead and think about the risks ahaed. The world is closing in on the next decade of innovation that would see an increase in biometric hacking, phishing attacks and sophisticated use of artificial intelligence (AI) among other top cyber security threats. Attackers are stopping at nothing to steal identities and evade detection through innovative techniques, writes Lucas Ajanaku.

    THIS year, cyber attacks and  breaches of data continued to increase in both frequency   and intensity. Organisations can expect more of the samein the coming year.

    The following will define the year:

    Biometric data theft

    While several major leaks of biometric data have already occurred globally, the Middle East and Africa regions could see the first attacks in the theft and use of biometric data in 2019, according to Kaspersky Lab.

    Senior Security Researcher at Kaspersky Lab, Fabio Assolini, said: “As more biometric systems for user identification and authentication are being implemented by various financial institutions in META (Middle East, Turkey and Africa), 2019 will see criminals exposing vulnerabilities in passcodes, touch ID sensors and facial recognition. While many financial organisations consider these emerging biometric-based solutions to improve security over current authentication methods, biometric data will increasingly be used to steal sensitive information.”

    AI, machine learning make attacks tougher to detect

    Chief Operating Officer at Telspace Systems, Manuel Corregedor, says 2019 will see more advanced exploitation of AI to carry out and conceal new exploits.

    “I believe we will see an increase in attackers utilising AI and machine learning as a means to make their attacks more difficult to detect or prevent,” he said. However, AI will also change the way the industry deals with threats.

    Cyber Security Specialist at Mimecast, Brian Pinnock, said AI and machine learning will play a more prominent role as the velocity and variety of attacks makes conventional approaches – such as blacklists – outdated and ill-equipped to deal with modern cyber threats.

    “Organisations will realise the importance of threat intelligence and will focus on the need for an ‘intelligence function’ to identify threats,” Pinnock said.

    Phishing scams to rise

    As e-mail attacks grow more frequent and complex, more organisations will be left scrambling for new ways to reduce risk and better detect and remediate threats in 2019.

    Pinnock says throughout next year, the most insidious development won’t be new attack types, but, rather, improved execution of existing attack types, especially those delivered via e-mail.

    He said: “Phishing techniques like the use of homoglyphs, elongated URLs, legitimate certifications (green lock), and credential-harvesting sites will increase. Flawless phishes will continue to prey on the gap in human firewalls, pivoting internally around organisations and intensifying efforts to better educate all staff.”

    Research Group leader for cyber defence at the Council for Industrial and Scientific Research (CSIR), Dr Jabu Mtsweni  said phishing scams are still quite popular as cyber security awareness remains low.

    “Denial-of-service attacks on government Web sites were also popular in 2018. This includes injection of malware on government Web sites that remain undetected. In 2019, malicious e-mail and links will continue to be used by criminals to get access to organisations’ networks.”

    Fake videos, era of fake news

    UK-based innovation foundation Nesta forecasts that 2019 will see a new level of malicious posts on social media as fake videos set the next stage in fake news.

    Lifelike computer-generated graphics – appearing to show video footage of events that never really happened – will be used to mislead the public.

    “We predict that within the next 12 months, the world will see the release of highly authentic-looking malicious fake videos, which could cause substantial damage to diplomatic relations between countries. Deepfakes, a new AI-based technology that makes it possible to create fake videos of individuals nearly indistinguishable from the real thing, will make this possible,” Nesta said.

    The innovation foundation believes that Deepfakes have the potential to spark a geo-political incident if a politician or celebrity is maliciously impersonated.

    Improved existing attack types

    In 2018, cyber attacks and data breaches continued to increase in both frequency and intensity, and organisations can expect more of the same in 2019, according to experts.

    Corregedor said the biggest cyber security event of 2018 is probably just the sheer number of data breaches that have occurred across industry sectors, some utilising advanced attacks, others as a result of mistakes made by the affected organisations.

    Over 4.5 billion data records were compromised worldwide in the first half of this year, according to Gemalto’s latest Breach Level Index.

    Pinnock said better social engineering, increases in credential stuffing attacks, and more complicated malware with multiple stages and different form factors for transmission will make threats incredibly tricky to detect in 2019.

    “With global cyber crime organisations growing in maturity and sophistication, many are now acquiring capabilities that were once the sole reserve of nation states.

    “We’re likely to see these cyber criminals use stolen credentials from the past few years’ data breaches to compromise the security of even the most secure organisations. Even companies with good cyber protection have little protection against the reuse of passwords that have been collected in other breaches,” Pinnock noted.

    Marginal dip in crypto currency attacks

    According to Kaspersky Lab, this year saw a rise in the malicious use of crypto currency miners, with virus attacks and malicious software against crypto miners growing almost fourfold.

    Kaspersky predicts that crypto currencies as a means of payment will decline further in 2019, and this trend is expected to lead to a slight decline in crypto currency threats.

    “In the face of huge commissions, slow transfers, a large price for integration, and, most importantly, a small number of customers, the use of crypto currency as a method of payment has declined steadily from 2017 and will continue to decline in 2019,” Kaspersky said.

    However, those crypto currency threats that do occur will be focused on mining malware, with the intervention of new players and the continuation of the use of ransomware.

    “In 2018, the META region became more appealing to cyber criminals, with financial and malicious crypto mining attacks taking centre stage.

    “Illegal mining of crypto currencies increased dramatically to overtake the main threat of the last few years – ransomware. We believe the reason for this is that mining is silent and causes less impact that ransomware, making it less noticeable,” Assolini noted.

    Mobile, in-the-app malware

    While malware that runs on the Windows operating system vastly outnumbers malware for any other platform, users of mobile devices are increasingly subject to malicious activity that pushes malware apps to their phones, tablets, or other devices running Android and iOS, according to computer network security company Sophos’ 2019 Threat Report.

    For some time, malicious versions of popular apps were predominantly found on third-party app stores. These can be sketchy places, hosting pirated and/or trojaned versions of legitimate apps, notes the report.

    Unusual malicious campaigns affecting the Android platform – phishing-in-the-app – can be expected in 2019, Sophos warned.

    “In 2018, we discovered one way that criminals can bypass the Play Market’s source code checks was by not including anything malicious in the app itself, but rather by making an app that, in essence, is a browser window to a phishing site. The apps, in this case, were designed in tandem with the phishing site so the user had a seamless experience,” the report noted.

    5G to fuel threats

    A number of 5G network infrastructure deployments kicked off this year, and 2019 is expected to be a year of accelerating 5G activity. While it will take time for 5G networks and 5G-capable phones and other devices to become broadly deployed, experts predict growth will occur rapidly.

    According to Symantec’s Cyber Security Predictions: 2019 and Beyond, growing 5G deployments and adoption will expand the cyber-attacks surface area.

    “As a stepping stone to broad deployment of 5G cellular networks, some carriers are offering fixed 5G mobile hotspots and 5G-equipped routers for homes. Given the peak data rate of 5G networks is 10 Gbps, the shift to 5G will catalyse new operational models, new architectures, and, consequently, new vulnerabilities.

    “Over time, more 5G IoT devices will connect directly to the 5G network rather than via a WiFi router. This trend will make those devices more vulnerable to direct attack,” Symantec said.

    IIoT attacks increasing

    Industrial IoT (IIoT) attacks through cloud infrastructure and over-reliance on AI in cyber security systems are two critical risks for enterprises in 2019, according to Forcepoint’s 2019 Cyber security Predictions Report.

    The report read in part: “In 2019, attackers will break into industrial IoT devices by attacking the underlying cloud infrastructure.

  • Global financiers meet on cyber security

    Key global and regional payment, clearing and settlement operators have met at a roundtable in Paris to discuss cyber security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem.

    Senior executives, with authorities, discussed continued collaboration, preparation for and responses to cyber incidents, with a particular focus on cross-border actions.

    “Against a backdrop of rising cyber threats, which respect no borders, it is important to have international coordination on these vital issues,” Bank of France Governor François Villeroy de Galhau said.

    The meeting, hosted by the Bank of France, was convened by the international standard setting bodies for FMIs, the Committee on Payments and Market Infrastructures (CPMI) and the International Organisation of Securities Commissions (IOSCO), who issued guidance on cyber resilience in 2016.

    “It is vital for authorities and operators to work together to advance FMIs’ ability to withstand increasingly complex cyber-threats, and to restore services in a timely way in the event of a successful attack,” said CPMI Chair Benoît Cœuré.

    “Ongoing industry engagement on this critical issue has been encouraging and it is essential that we continue to develop this partnership to reinforce the cyber resilience of financial market infrastructure,” said IOSCO Board Vice-Chair Jean-Paul Servais.

  • New push for pervasive cyber resilience

    The rise and acceptance of over the top (OTT) platforms such as Google, Facebook, Twitter and WhatsApp have come with challenges of threats to individuals and organisations, big and small. An expert has stressed the need for firms to build against cyber security threat resilient walls to avoid early extinction. Lucas Ajanaku reports.

    An information technology (IT) expert has advised businesses, both big and small, to invest heavily on cyber security resilient solutions or risk the threat of sudden extinction.

    Speaking in Lagos, the Country Managing Director, Accenture Nigeria,  Niyi Yusuf , said the advice became imperative in view of the confluence of social media, mobile devices, analytics and cloud solution especially on pervasive platforms such as Google, Facebook, Twitter and WhatsApp, which have led to remarkable advances in digital solutions that are improving the way people live and work.

    According to Yusuf, the digital trend is further accentuated in the country by the youthful demography and increasingly affordable devices.

    “Nigerian companies are racing into the digital future—adopting technology-enabled operating and business models that drive bottom- and top-line growth. These include SMEs, Startups, FInTechs, corporate and listed companies taking advantage of the many benefits going digital is offering business. But they are not prepared for the new cyber risks that come with the connected, data-driven future enterprise,” he said.

    According to Cybint, there is a hacker attack every 39 seconds. Since 2013, there are 3,809,448 records stolen from breaches every day while some industry conservative estimates indicate that cybercrime will generate at least $1.5 trillion in 2018 on a global level, and Nigeria is not immune.

    He said to be cyber resilient, organisations need to infuse security into everything they do—and every new thing they are preparing to do. Future business relies upon constant, intimate digital connections with suppliers, partners, virtual workforce and customers to stay relevant and competitive. It uses intelligent technologies and big data in all facets of business operations—from C-suite decision making to crafting custom offers for internet shoppers in pursuit of profitable growth.

    He said Accenture asked 1,400 C-suite executives, including Chief Information Security Officers (CISOs), how they prioritise security in new business initiatives, whether their security plans address future business needs, what security capabilities they have, and their level of internal and external collaboration on security.

    “We found that 38 per cent of the companies bring the CISO into all discussions at the beginning stage of considering new business opportunities. Additionally, half of the CISOs admit that their responsibilities are growing faster than their ability to address them.

    “Business will continue to have more intimate digital connections with suppliers, partners, virtual workforce and customers to stay relevant and competitive. This comes with additional cyber risk. All that sensitive data, connectivity and automation multiplies the opportunities for hackers by expanding the “surface area” exposed to cyber-attack. And, because digital systems are so embedded in daily operations, the potential damage from even a single security incident is magnified.

    “You do not need to roll back your digital agenda as there are ways to build the cyber resilience you need to grow confidently. To do this there are three key things you need to build into your business. The first is to develop a “bend, but don’t break” approach to securing the enterprise that combines the disciplines of cybersecurity, business continuity and enterprise resilience. The second is the ability to operate while under persistent threats and sophisticated attacks. This will enable your business embrace disruption safely, strengthen customer trust and boost shareholder value. Lastly, you must elevate the role of security in your organisation and this requires leaders to communicate its importance and manage its application,” Yusuf said.

    He said organisations can do a number of things to build cyber resilience. The first is making business leaders resilience leaders – by including the security team in strategy sessions and extending expertise and accountability for cybersecurity to the front-line of the business.

    Another is supporting the security leader as a trusted business enabler – by helping the CISO to be more “business-savvy,” and creating new security roles within business units to bridge the gap between security and the business.

    “Make employees part of the solution – by ensuring all employees are trained in the basics and engaged to act as advocates for cybersecurity, and potentially using technology to track suspicious behaviors; be an advocate for protecting customers – by educating customers about how to protect themselves while securing consumer data to meet new regulation (such as the EU General Data Protection Regulation); and think beyond your enterprise to your ecosystem – by collaborating with partners, suppliers and other third parties to share cybersecurity knowledge, products and services,” he said.

    He said corporate security experts have made great progress in the war against cybercrime, adding that winning the next war will require both new strategies and new weapons. Top leaders can ensure the success of the connected, intelligent, autonomous business by making sure that security is a core competency across the organisation, he added. “If they do this, companies will not only keep the enemy at bay, they will also build trust with customers and partners and develop the bulletproof business processes that will make them stronger competitors. With pervasive cyber resilience, the future business can grow with confidence,” he said..

  • Cyber security experts urge intelligence sharing among banks

    Cyber security experts urge intelligence sharing among banks

    Cyber security experts have advised deposit money banks (DMBs) in the country to swallow their pride, collaborate and share intelligence in order to reduce ongoing losses to cyber crooks in the financial services sector.
    The experts who spoke in separate interviews on the sidelines of a cybersecurity conference tagged NaijaSecCon held at Landmark Centre, Lekki, Lagos, at the weekend, said the banks should stop suffering in silence by covering up their losses to cyber crooks, collaborate and share knowledge and intelligence to tackle the menace.
    The Federal Government said the estimated cost of cybercrime to Nigeria is 0.08 per cent of the country’s Gross Domestic Products (GDP), which represents about N127 billion yearly.
    A senior cybersecurity expert, Chinedu Onwukike, lamented that because of the absence of collaboration among the DMBs, cyber criminals have kept walking away with their loot from the banks undetected.
    He said: “A lot of agencies have been created to tackle cybercrime but nothing serious has been done. It is very unfortunate that there are no forensic tests carried out after an attack and people get away with fraud.
    “There has to be collaboration in intelligence sharing by financial institutions to tackle cyber crimes; this is the practice in advanced societies where at the monthly meeting of the bank chiefs, they share threats. This is very important since all the banks work in the same ecosystem.”
    A Senior Cyber Security Specialist, Debra Okwuzi, lamented the mentality of organisations towards cyber security, adding that people wait until there is a major breach before taking action.
    “The mentality about cyber security is that if there is no major attack, people will not get serious; we have had regulatory bodies which made it compulsory for financial institutions to abide by certain cyber security standards and regulatory framework. As long as the motive is right, the support will be heavily required.
    “We are hoping that there will be a lot of partnership in the years ahead. Attempts to breach will continue to be around but collaboration and sharing of note are vital,” she said.
    An ethical hacker and convener of NaijaSecCon, Mr Rotimi Akinyele, lamented that there have been several conferences where the issue of cyber security has occupied the front burner, adding that all have been talk shops without much to see.
    “In Nigeria, there have been a lot of conferences on cyber security. But we realised that each time we go to these conferences, we have the same speakers, saying the same thing. For us, we are quite passionate about changing the way things are done. We understand the processes and policies involved. We thought of setting up a conference where we show people how we aim at addressing these issues of cyber security.
    “We also realised that people travel for some of these conferences; therefore we decided to offer them the knowledge and information which they travel out in search of. We want to use this opportunity to identify cyber talents in Nigeria by organising a competition where we will give out N200,000 to winner as a way of encouraging the winner. Also, to identify cyber security talents and interestingly we have people coming from across the country,” he said.
    According to him, awareness is critical to fighting cyber-crimes. “Everything we are doing has to do with awareness. People invest in cyber solution, buy firewalls worth millions, but in the end people need to be aware because there are some basic things which people are not aware. We are starting with awareness, this is going to be a gradual thing; it is not just going to be a one-off.
    “Yearly we will be organising this conference and it is going to be bigger. The interesting thing about the programme is that people are willing to support. They believe that what we are doing will change the future of cyber security in Nigeria,” Akinyele said.
    Debra said the organisation is speaking to other agencies to ensure that this will not just be a Lagos-based programme, but nationwide. “We are focusing on the African continent also. There is internal cyber security issues which we need to solve, for instance terrorism. Before talking about the global body, we need to talk about what happens internally. There has to be a lot of synergy on how to address cyber-crimes. Cyber-crime is growing exponentially, the issue has been in the media and this has attracted government attention to pass the Cybercrime Bill into an Act,” she said.
    The National Security Adviser (NSA), Maj-Gen Babagana Munguno (rtd), who spoke during the inauguration of the Cybercrime Advisory Council, at the Office of NSA (ONSA), Abuja, lamented that the activities of cyber crooks have taken huge toll on the economy.
    Munguno, who is the Chairman of the 31-member Council, lamented that the cost of to the nation is quite significant, saying that the “activities of hackers and cyber criminals in recent times have threatened government presence, economic activities and security of Nigerians and vital infrastructure connected to the internet. ”
    He said: “The 2014 Annual report of the Nigeria Deposit Insurance Corporation (NDIC), shows that, between year 2013 and 2014, fraud on e-payment platform of the Nigerian banking sector increased by 183 per cent. Also, a report published in 2014 by the Centre for Strategic and International Studies, UK, estimated the annual cost of cybercrime to Nigeria at about 0.08 per cent of our GDP, representing about N127 billion.
    “Global tracking of cyber-attacks indicate that Nigeria is among countries with high cases of software piracy, intellectual property theft and malware attacks. The situation is a serious challenge to our resolve to take advantage of the enormous opportunities that Internet brings, while balancing and managing its associated risks.”
    According to him, the situation was made possible due to lack of awareness of cyber-security and poor enforcement of guidelines and minimum standards for security of government websites, particularly those hosting sensitive databases of Nigerians.
    He emphasised the need to take serious action to protect Nigeria’s national cyberspace as a national security requirement.

  • Experts discuss trends in cyber security

    The need for the public and private sectors  to work and build a strategy to tackle the risk  of cyber crime will be the primary  focus at the 2017 Securex West African Cyber Security Summit (WACSS), the organisers have said .

    According to a statement from the organisers of the summit, Afrocet Montgomery, “one way this can be accomplished is through knowledge sharing and it is for this reason that the summit  is being organised.

    “Cyberspace has ushered in new opportunities with its security challenges and this will be a new platform and the first of its size and scale in West Africa which will bring together industry experts from both the private and public sector to discuss the challenges, opportunities and trends in cyber security. Throughout the day, delegates will hear from both international and national cyber experts from organisations such KPMG, Ernst & Young, the EFCC and G3. Whilst expert opinions will also be shared from the country’s leading associations such as Cyber Security Experts Association of Nigeria; the Computer Professionals Registration Council of Nigeria (CPN); and CSCSS.”

    Highlighting the topics that will be covered during the summit, the organisers said: “ it will cover corporate security, training the next generation, financial crime and governance. The day will also witness a live hackathon run by Upgraded Era where visitors across the Exhibition, whether novice or trained, can try their hand at hacking.

    The launch of WACSS will fill a much needed space in Nigeria for experts to congregate and discuss pertinent issues; sharing knowledge and expertise. This will become an annual event which will reflect the trends; patterns; challenges and opportunities in Nigeria’s cyberspace.”

  • Israel pledges to assist Nigeria to tackle cyber crimes

    Israel has pledged to assist Nigeria in tackling cyber-crime and internal security through the use of latest technology.

    Israel’s Ambassador to Nigeria, Guy Feldman, made the promise at a Conference on Homeland and Cyber Security in Abuja on Friday ‎.

    The envoy, who decried the‎ menace of cyber-crimes across the world, stressed the need for all hands to be on deck to address the trend in Nigeria.

    He said Israel, although a small country had vast experience in cyber security due to its technology and human capital development.

    Feldman described Nigeria as the “Lion of Africa’’ which deserves all the supports from the international community to evolve a virile and prosperous nation.

    “Israel as a country has suffered from cyber-attacks, but it is not a problem for us but a challenge. Th‎is is because we have the technology and human resources to deal with the challenge’’, he said.

    He emphasised the need to deploy hi-tech technology, surveillance cameras and security gadgets to strategic financial and oil sectors.

    He said both countries were already discussing on how to strengthen ties and enhance business/security relations. ‎ He said that Nigeria could use the current recession and drop in oil prices to diversify its economy and focus on agriculture.

    “Nigeria is blessed with a lot of arable land, water, natural resources and population unlike Israel which is a small country’’, he said.‎ ‎ The Minister of Interior, retired Lt.-Gen. Abdulrahman Dambazau stressed the need for cyber security to safeguard the nation.

    Represented by retired Brig.-Gen. Saleh Bala‎, Dambazzau said Nigeria would continue to collaborate with Israel and other foreign countries to develop the nation.

    Mr Aviad Marco, an Israeli security expert, who delivered a lecture on Tackling Cyber Crime, described the phenomenon as a new form of terrorism.

    Marco said that the activities of hackers, especially on sensitive database of a country could bring a country down if not checkmated.

    He said Israel was ready to support Nigeria in fortifying its sensitive data base and protect critical national assets, using the latest technology.

    Marco said that Israel had collaborated with the Lagos state government in addressing some of its security and traffic issues and was ready to do same with the Federal Government.

    The News Agency of Nigeria (NAN) reports that the conference which was jointly organised by the Israeli embassy and the Ministry of Interior was attended by security experts and Non-Governmental Organisations.

  • Auditors advised to check cyber security 

    Auditors advised to check cyber security 

    For Internal Auditors to maintain relevance in business operation and management, they have to align their functions with the vision of  management to achieve set goals, the Acting Managing Director, Bank of Industry (Bol), Waheed Olagunju, has said.

    He said the role of auditing may fade away if auditors do not shift focus from highlighting faults to charting ways and means of undertaking business proposals without violating regulatory rules, or incurring losses.

    Chief Risk Officer, BoI, Oseni Ezekiel, who represented the BoI chief at the 34th Annual General Meeting (AGM), of Chief Executives of Banks in Nigeria (ACAEBIN), said auditors must not compromise their roles in the bid to support organization’s business transactions.

    He said Internal Audit today is poised to be more proactive than reactive as auditors now serve as Operational Consultants for businesses, financial managers and provide independent assurance to effective operate risk-free management.

    “For any function to be relevant, they have to support the management. The internal audit function cannot be the one that detects fraud alone; they must help the management to achieve their purpose.

  • Sophos to boost cyber security, cloud services

    A global leader in network and endpoint security, Sophos, has   announced a new partner programme  for resellers in the Middle East and Africa (MEA).

    The prgogramme will help channel partners achieve growth objectives, dedicated marketing and sales support, deal registration protection, sales tools, training and certification and other programmes.

    A statement from Sophos said the core objective of the partner programme  is to equip partners with resources and training that enable them to sell, market, distribute and implement the company’s award-winning cloud, network, server and end user protection solutions to organisations of all sizes.

    The new Sophos partner programme provides access to the company’s comprehensive portfolio of market-leading endpoint and network security products, which have been engineered keeping its partners in mind. Partners are now able to manage all Sophos solutions for every customer through a centralized management platform, Sophos Central.

  • Firm to train MDAs, schools on cyber security

    Firm to train MDAs, schools on cyber security

    As part of efforts to increase awareness on the impacts of cyber crime, a firm, Integrated Cybersecurity Solutions, has said it will train government workers from Ministries Departments and Agencies (MDAs) on cyber security.

    Its President, Mr. Michael Oseji, who spoke to reporters during the Annual Cyber Security Forum organised yesterday in Abuja, said the training would also be extended to private organisations as well as higher institutions.

    He said the cyber security forum scheduled to commence today was designed to enlighten all stakeholders, stressing the need to intensify awareness campaigns on cyber security, considering its serious impact on the financial sector and the economy.

    Speaking on the adoption of cyber security to fighting terrorism, Oseji said the military could partner with experts from the private sector to provide the relevant support and secure the nation’s territorial integrity.

    He called for a wider consultation and review of the cyber security bill in order to have a more holistic regulation.

    In his remark, Advenica Board Member, Mr. Andreas Linde, restated how cyber security could be used to fight terrorism and likely future attacks.

    He advised the Federal Government to firmly protect information regarding national security.

     

     

    According to him, “There are occasions where national fingerprint database has been lost to cyber criminals. So there is need for intensified effort to embrace cyber security and for government to begin to partner professionals on cyber security policies.”

     

     

  • Expert pushes for cyber security awareness

    Expert pushes for cyber security awareness

    Founder,  Suffiman Consulting Limited,  Suleiman Farouk has said there is need for more awareness on cyber security issues in Nigeria.

    He said the government needs to create more awareness and support other people from various industries.

    He said the judiciary needs to start enforcement of policies, to ensure that the Cyber Act law is enforced and that victims are prosecuted.

    Farouk said to achieve cyber security in Nigeria, Suffman Consulting Limited is working with lots of governments’ agencies, oil and gas  and the banking industry so as to deliver their services effectively.

    “We reach out to them, advising on how to be properly secured. We will ensure proper apps are put in place in order to achieve a cyber secured Nigeria,” he said.

    He noted that the government would play an important role in cyber security as it has to support the policies it has set in place to ensure cyber security.

    He said: “You cannot move a nation without having policies. What we need the government to do is to support our hard work; government should let people know the bench marks, the policies and the private sector by setting policies and standard.