Stakeholders Harp on Robust Cybersecurity Architecture for Financial Services in Nigeria

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Saturday,
September 12, 2020 / 04:06 AM / Nifemi Taiyese for Proshare WebTV / Header
Image Credit: 
FITC 

 Proshare Nigeria Pvt. Ltd.

Financial Institutions
Training Centre (FITC) Nigeria in collaboration with Nigeria Interbank
Settlement System Plc (NIBSS) organized the Think Nnovation 2020 cyber security
conference virtually which had as its theme: “Combatting CyberCrime – Strategies for Strengthening Emerging Markets.”

 

Chizor Malize, CIMLon,
MIoD, Managing Director / Chief Executive Officer FITC in her welcome address
said the COVID-19 pandemic has exacerbated the level of cyber attacks in 2020
as organized crime groups have shown themselves to be ruthless and
entrepreneurial, repurposing, phishing, attacking infrastructures and building
fake websites with recorded increase in scams.

 

“In this age of digital
transformation, there is hardly any process in businesses and personal lives
that are not supported by IT. Information technologies dominate our everyday
lives bringing cyber incidents on the rise. This has made cyberthreats and
attacks increasingly frequent, sophisticated and destructive globally.” she
said.

 

She highlighted that
the financial services sector…

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