Business Briefs
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ETISALAT Nigeria and Computer Warehouse Group were among corporate organisations that supported the just concluded HackCess Cyber Security conference 2016. At the conference they expressed concern on the impact of cyber security on digital services delivery and national security.
At the event last week, William Makatiani, managing director, Serianu Information Enablement, Kenya, said Nigeria has the highest growth trend in the internet usage in Africa (from 23.9 million in 2008 to 82.1 million in 2015. He stressed the need to adapt to the new reality of innovation and growth of cyber security.
Harrison Nnaji, divisional head, IT Enterprise Security, UBA, also described the various security management approach organisations could use to survive in the ever increasing cyber threats they face in this part of the globe.
Chidinma Iwe, chief security information officer, at MainOne, pointed out that there are two ends of the spectrum of an attack: the cost of a breach to the victim, and the economic motivation of the cybercriminal. “Much focus has been spent on understanding the increasing cost of breaches, and potential damages they can cause organisations. As cybercrime has increasingly become a business, we must also understand the relationship between time, cost and potential profit for an attacker. Like any business, it is a simple problem which the benefit must outweigh the cost.”
Uche Obi (SAN) of Alliance Law firm said that there is need to enlarge the scope of cyber offenses to accommodate other crimes in addition to some of the legislative framework and overall Cybercrime, Prohibition, prevention Act which needs to be strengthened to provide a better cover for cyber activities in Nigeria.
“Service delivery is premised on the need to have consistent service experience to certain customer demography. For this to happen certain performance matrix must be met by the service and the service provider for it to be said to be effective. Service delivery cuts across all aspects of life from Financial Services offered by banks, stock markets etc. to utilities, security, healthcare services etc. offered by government and related agencies to communication, information, entertainment, social media services etc. offered by telecommunication service providers. These services and the effectiveness of their delivery sums up the misery index of the population which is a huge part of National Security.”
— Oct 24, 2016 @ 01:00 GMT
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