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Business

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ICT

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Capital Market

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Insurance

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Business

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Group Proposes October as National Cybersecurity Awareness Month

A media stakeholder group has called on the federal government, through the office of the National Security Adviser to adopt October as the Nigerian National Cybersecurity Awareness month as being done globally.
The group justified its position on the increasing threats of cyber-attacks to national security, economic crimes, political instability and social insecurity as a result of the vulnerability of national, corporate and private databases via identity theft.
In a statement by Mr. Olubayo Abiodun, Director of Communications, the Centre for Cyber Awareness and Development (CECAD), a non-governmental organisation (NGO), said it is set to work and collaborate with the Office of theNSA to President Muhammadu Buhari in order to raise the bar on the multi-stakeholders awareness across government, corporate institutions and private citizens through the principles of the Public Private Partnership (PPP).
The month-long series of activities would be delineated to accommodate sectorial weekly emphasises on every facets of the lives of the nation and its people. And this among others will include weekly awareness focus on government and its agencies, banks and financial institutions, education, health, tourism, transport, military/security communities. The central theme would be on how to enhance safer connections to the Internet without compromising corporate and individual safety. Families will also enjoy primary attention in the course of the awareness programme in order to ensure the safety of all and sundry, particularly children from dangers inherent in the uncontrolled access.
According to the media stakeholders, criminals, terrorists, and countries with the intent to harm have found the information superhighway a veritable platform to execute their attacks.
As more sensitive data is stored online, the consequences of those attacks grow more significant each year. And by this implication, the group stated that E-fraud is now the fastest growing crime in Nigeria.
With this alarming threat to the corporate and financial health of the nation and its citizens, the media stakeholders have expressed the strong need for the Nigerian government to play in the global league of awareness community by adopting October as the cyber security awareness month as is the practice in the United States of America, South America, many European countries and other parts of the world. This has become imperative, particularly in Nigeria because of the multilayer national databases spread across various agencies like the Nigerian Immigration Services (NIS), banks, Police, Federal Road Safety Corp (FRSC), Mobile Network Operators (MNOs), which government has directed to be harmonised by the National Identity Management Commission (NIMC).
The media group said that it would roll out its national network to facilitate a robust month-long awareness campaigns for the public and private institutions in order to mitigate the dangers lurking in the cyberspace with the activities of the cyber criminals.
As the largest economy on the continent, Nigeria must take the lead by showing the way for other African nations to emulate in the protection of its national assets and citizens from cyber vulnerability. Nigeria must lead for others to follow.

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Topics

Breaking News: Etisalat Now Open for Foreign Investment

Foreigners can now investment in Etisalat as the UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. There is however a 20 percent limit on how much of the company can be owned by foreigners. Currently, Etisalat is 60 percent owned by the government, with a 40 percent stake listed, but restricted to UAE nationals. "The federal government decided to lift the restriction of Etisalat stock ownership by local institutions, foreign institutions and expatriate individuals provided that such ownership does not exceed 20 percent," Etisalat said in a statement to Abu Dhabi Securities Exchange. Etisalat added that the Emirates Investment Authority (EIA) does not intend to reduce its 60 percent stake at the moment.

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