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Stakeholders call for more resilient cyber security for data protection 

BusinessDay
3 Min Read

Experts and other stakeholders in the information technology have stressed the need for strong and resilient cyber security for data protection and to keep pace with a growing digital business.

The stakeholders who gathered at the KPMG conference in Lagos see cyber threat as a global problem and therefore called organisations to raise awareness, build up education, and send people outside the country for training among other mitigating measures.

Cyber security in Nigeria and across the globe has been a major concern and that formed the basis for an innovative conference tagged “security and resilience in a digital world”, organised by  KPMG, to treat matters ranging from security threats, to risks, protection, integration, cyber intelligence and the likes.

The stakeholders charged organisations on securing their platforms to ensure that their business is safe. They believe that cloud has come to stay and advised participants to change their mind set towards this.

According to Joseph Tegbe, Partner and head, Technology Advisory, KPGM Nigeria, KPGM is aimed at building a more secured and resilient cyber security. “We provide series of services to the Government, banking sector, financial technology, telecommunication, health care, insurance and others”, he said.

He further stated that there is a constantly evolving cyber threat meaning that cyber risk is an everyday business consideration, in the same way that threats in the real world has always been. However, cyber security is not a quick technical fix nor is it sorely for the IT department but it goes down as well to the management.

Atul Gupta KPMG global cyber security lead said in his presentation that with a growing population of over 7.47 billion people in the world, the internet users are around 3.48 billion. The active social media are 2.34 billion people and the unique mobile users are 4.61 people. He clearly stated that these numbers are exposed to cyber threat and risks that could put ones investment on the line.

Investors, government and global regulators are increasingly challenging board members to actively demonstrate diligence in the area of cyber security regulators expect personal information to be protected and systems to be resilient to both accident and deliberate attacks. Value chain partners expect a trust worthy and transparent attack to risks. And customers expect that services are available and data is protected when stored or processed by leading organizations said Atul.

 

CHINYERE OKEKE

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