CBN and the bankers committee will enhance efforts to raise awareness in the field of cybersecurity.

  • Post category:Business

The Committee of Chief Information Security Officers of the Nigerian Financial Industry (CCISONFI), in collaboration with the Central Bank of Nigeria (CBN) and the Bankers Committee, has initiated a fresh campaign aimed at raising awareness about cybersecurity among citizens.

Titled ‘NoGoFallMaga, Confam Am Again,’ this anti-fraud campaign will be presented in multiple languages and is specifically targeted towards customers of commercial banks, payment service providers (PSPs), and the general population in Nigeria. The campaign leverages local technical experts, including Cybersafe Foundation and The Hook Media, for its implementation.

The partners highlighted that cybercriminals exploit public unawareness, and by delivering the campaign in various languages, they intend to ensure inclusivity and reduce the impact of cybercrime in the nation.

The Centre for Strategic and International Studies (CSIS) reported an annual loss of $600 million to cybercrime, with a substantial increase from a 2014 study that estimated global losses at around $445 billion.

Notably, Africa observed a significant surge in cybercrime cases in the initial half of 2022. Kenya and Nigeria saw a spike of 438 percent and 174 percent respectively in phishing and scams.

Festus Amede, CCISONFI Chairman, stressed that the escalation in cybercrime and fraud could erode customers’ trust and confidence in the financial system. He emphasized the necessity for collaborative efforts among industry stakeholders to enhance cyber-awareness among customers, thereby reducing and eventually eliminating cyber threats.

Abumere Igboa, Chief Information Security Officer at Stanbic IBTC Bank, pointed out that the campaign’s objective is to educate Nigerians about various tactics employed by fraudsters to target them, along with appropriate responses. Igboa highlighted that customers are the ultimate gatekeepers, as they are the last to authorize transactions.

Peter Obadere, Cybersafe Foundation Chairman, explained that the initiative seeks to build a human firewall alongside the security measures implemented by financial institutions to counter fraud. The aim is to raise the cybersecurity intelligence of the population and foster a “human firewall.”

Furthermore, the campaign will enlist the involvement of creators, including popular comedian Samuel Perry, also known as Broda Shaggi, to effectively communicate the message to the public.

This Post Has 13 Comments

  1. tubidy mp3 download

    This is a very good tip particularly to those
    new to the blogosphere. Simple but very precise info… Thanks for sharing this
    one. A must read post!

  2. tubidy mp3

    It’s remarkable for me to have a website, which is good designed for my knowledge.

    thanks admin

  3. Kemenangan besar

    This excellent website really has all the info I needed about
    this subject and didn’t know who to ask.

  4. youtube to mp3

    Thanks for the marvelous posting! I definitely enjoyed reading it, you can be a great author.
    I will always bookmark your blog and will eventually come back
    later on. I want to encourage you to definitely continue your great job, have a nice weekend!

  5. youtube to mp3

    I have been browsing online more than three hours today, yet I never found
    any interesting article like yours. It’s pretty worth enough for me.
    In my opinion, if all website owners and bloggers made good content as you
    did, the internet will be much more useful than ever before.

  6. tubidy

    Tremendous issues here. I am very happy to see your post.
    Thanks a lot and I’m taking a look forward to touch you. Will
    you kindly drop me a mail?

  7. youtube to mp3

    It is appropriate time to make a few plans for the longer term and it’s time
    to be happy. I’ve read this post and if I could I desire to counsel you some interesting things or suggestions.

    Maybe you can write next articles regarding this
    article. I wish to learn more things about it!

  8. tubidy

    This design is incredible! You definitely know
    how to keep a reader entertained. Between your wit and your videos, I was almost moved
    to start my own blog (well, almost…HaHa!) Excellent
    job. I really loved what you had to say, and more than that, how
    you presented it. Too cool!

  9. cliphotvn

    Simply desire to say your article is as astonishing. The clearness in your post is just nice and i could
    assume you’re an expert on this subject. Fine with your permission let me to grab your feed to keep up to date with forthcoming post.

    Thanks a million and please keep up the enjoyable work.

  10. tubidy

    I think this is one of the most significant info for me. And i am glad reading your article.
    But want to remark on some general things, The web site style is perfect, the articles is really excellent : D.
    Good job, cheers

  11. fuck google

    Hey there! I’m at work browsing your blog from my
    new iphone 4! Just wanted to say I love reading
    through your blog and look forward to all your posts! Keep up the outstanding work!

Leave a Reply