FILE PHOTO: Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, CBN

CBN to redesign regulations to curb cybercrime

The Central Bank of Nigeria, CBN, said it is concerned with rising losses that emanate from cybercrime and technology risk in the financial sector and is working on the modalities for new regulations. The apex bank stressed the need to redesign regulations that will address cyber crimes and technological risks that may arise from emerging […]

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Cybercrimes hit $455bn yearly – ISSAN

The Chairman, Information Security Society of Africa- Nigeria (ISSAN), David Isiavwe yesterday lamented that the cost of cybercrimes across the world have now hit $455billion yearly, adding that the era of Internet of Things (IoTs) posed even greater dangers to the cyberspace. Speaking in Lagos during the seventh Annual Payment Systems and e-Fraud Conference organised […]

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