Microsoft ISSAN and Microsoft collaborate to raise cybersecurity awareness
Microsoft Nigeria has urged individuals and organisations to pay attention to cyber security in the face global cyber threats.
This call was made at a Cyber Security Summit, organized by Microsoft and Information Security Society of Africa Nigerian (ISAAN), at Eko Hotel & Suites, Lagos.
President of Information Security Society of Africa Nigeria (ISAAN), Dr. David Isiavwe noted that October has been designated cyber security month around the world. He encouraged consumers to get involved in raising cyber security awareness.
He suggested that cyber attackers are becoming more sophisticated, with the average time it takes to detect an attack increasing from approximately fifty-eight days three year ago to two hundred days.
He stated that cyber attackers have created new ways to attack individuals and companies, resulting in an increase in cyber-attacks. According to statistics, Nigeria loses N128bn each year to cybercrime, while the global loss is approximately $500bn.
Erdal Ozkaya (cyber security architect, Microsoft Middle East & Africa), stated in his submission that cybercrime has become a serious business and organizations can’t afford to leave their cyber-security up to chance.
“An innovative approach is required to address today’s threats. There are some troubling trends when you look at the evolution of security threats over time. Ozkaya stated that enterprises that were used to being attacked by individuals or small groups who were out for mischief, personal notoriety, have been replaced with well-funded criminal organisations seeking profit.”
Ozkaya also acknowledged that Microsoft continues its innovation to improve its security posture through new products and applications that better serve its customers.
He stated that Windows 10 has made significant architectural changes, many of which address the tactics used in attacks you have read about or experienced. These improvements are not only defensive measures that make it harder for attackers to climb, but they are also improvements that remove critical tactics from the table in some cases. Windows 10 uses the most advanced hardware technologies to protect users’ identities, information, devices, and computers against hacking attacks and malware.
Mr Dipo Fatokun is the director of the Banking and Payments System, Central Bank of Nigeria. Mr Musa Jimoh represented Mr Musa Jimoh. He stated that cybercrime is now the most talked about topic in homes, offices, and nations. This is because technology has increased criminal intrusion into financial systems and technology infrastructure in financial sector. Cyber-attacks are usually for financial gain.
He also stated that the war against cyber-attacks can’t be won alone. “Today, we will begin deliberations. It will be important that we remember yet again that the fight against Cybercrime can’t be won alone. As an industry, we need to work together to ensure that our Payments System is protected against attacks. We hope that today’s discussions will lead to new insights, strategies, and partnerships that will help us stand stronger against Cybercrime.
The panelists concluded that organizations must deploy trusted technology, make sure the right people are in charge, and develop relevant processes to reduce cyber threats.
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Cybersecurity awareness Erdal OzkayaErdal
