• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 3, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigerian Businesses Face 2,560 Cyberattacks Weekly – Central Securities

by Mark Itsibor
10 months ago
in News
Nigerian Businesses
Share on WhatsAppShare on FacebookShare on XTelegram

At least 2,560 Nigerian businesses are faced with cyberattacks each week, according to the managing director of Central Securities Clearing Systems Plc (CSCS), Haruna Jalo-Waziri. He said the situation is more challenging owing to the rise in cyberattacks across sectors of the economy.

Advertisement

Cybercrime is projected to cost the global economy over $10.5 trillion this year alone — a staggering rise from $3 trillion just a few years ago. This, Jalo-Waziri said, underscores the urgent need for robust cybersecurity measures, especially as the world witnesses a 45% increase in ransomware attacks, as reported by Check Point Research.

“Here in Nigeria, the landscape remains particularly challenging. Our businesses face an alarming average of 2,560 cyberattacks each week,” he said yesterday at the CSCS cybersecurity conference in collaboration with the Office of the National Security Adviser. “This reality reminds us of the insights from “The Kill Chain,” where we recognise that the most dangerous threats often hide in plain sight.”

Jalo-Waziri said in acknowledgement of the challenge at hand, all hands must be on deck to improve public understanding of cyber threats. “We must LEARN, DECIDE, AND ACT—quickly and decisively.” He said cybersecurity is no longer just an IT issue; it is a national priority that affects Nigeria’s economic stability and public trust.

Vice President Kashim Shettima said that to build a cyber-resilient Nigeria, “we need to invest in AI, not just for productivity and utility but for all phases of defence. AI can help us predict, detect, and neutralise threats faster than ever.”

RELATED

NHRC Seeks Protection Of Rights Of Older Persons

NHRC Condemns Closure Of Radio Station

20 minutes ago
VitalSwap Unlocks Global Revenue Channels For African Remote Workers

VitalSwap Unlocks Global Revenue Channels For African Remote Workers

27 minutes ago

Represented by his special adviser on ICT, Bashir Mohammed Shuaibu, the Vice President said AI has become the backbone of modern infrastructure, “its security must be paramount.” Shettima stated that cybersecurity must be embedded at every stage of AI-driven infrastructure development. “AI, like a bread knife, can be a tool of convenience or destruction. On one hand, it enhances our capacity to detect and mitigate cyber threats, allowing us to predict and prevent attacks with unparalleled accuracy.”

Talking about the topic “Cybersecurity: Synergizing AI and Infrastructure,” chairman of the board of directors of CSCS, Temi Popoola, said where there is a challenge, there is also opportunity. He urged the audience at the conference in Transcorp Hilton, Abuja, to seize the opportunity of artificial intelligence (AI) to detect anomalies and potential risks faster than any human analyst could. He said AI is rapidly becoming a game-changer in the fight against cyber threats.

He stated that Nigeria must leverage cutting-edge technologies to bolster Nigeria’s defences and secure the integrity of its systems. “But technology alone is not enough. A holistic approach to cybersecurity is required, one that demands leadership from the very top,” Popoola stated.

Senator Shettima said that as the world moves towards a future where AI will power cities, industries, and national infrastructure, technology experts should ensure the progress is secure, sustainable, and inclusive. “We’ll embrace the synergy between AI and infrastructure while remaining ever vigilant to the cybersecurity challenges it presents.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Central Securities Clearing Systems Plc (CSCS)
SendShareTweetShare
Previous Post

Show Gratitude To Allah

Next Post

Bauchi Govt Releases Balance Of Counterpart Funds For 2024 PHC MoU Basket

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

NHRC Seeks Protection Of Rights Of Older Persons
News

NHRC Condemns Closure Of Radio Station

2025/08/03
VitalSwap Unlocks Global Revenue Channels For African Remote Workers
Business

VitalSwap Unlocks Global Revenue Channels For African Remote Workers

2025/08/03
JUST-IN: CDCFIB Postpones Opening Of Recruitment Portal To July 14
News

Fear Grips NSCDC, FFS, NIS Applicants After Recruitment Portal Update

2025/08/03
JUST-IN: Aviation Minister Sacks All FAAN, NAMA, NCAA, NSIB, NiMET Directors
News

Keyamo Defends N712bn Budget For Lagos Airport Renovation

2025/08/03
Bauchi South Senator Donates Fertilizer To Farmers, Flags Off Livestock Vaccination
News

Bauchi South Senator Donates Fertilizer To Farmers, Flags Off Livestock Vaccination

2025/08/03
Niger Uncovers 200 Ghost Workers On Payroll
News

SERAP Gives Niger Gov 48 Hours To Lift Ban On Badeggi FM

2025/08/03
Leadership Conference advertisement

LATEST

NHRC Condemns Closure Of Radio Station

VitalSwap Unlocks Global Revenue Channels For African Remote Workers

Fear Grips NSCDC, FFS, NIS Applicants After Recruitment Portal Update

Keyamo Defends N712bn Budget For Lagos Airport Renovation

Bauchi South Senator Donates Fertilizer To Farmers, Flags Off Livestock Vaccination

SERAP Gives Niger Gov 48 Hours To Lift Ban On Badeggi FM

Veteran Producer Kayode Peters Buried In Canada Amid Tears

Gov Otu Flags Off Construction Of 10km Road In Ogoja

Body Of Missing Bayelsa Real Estate Executive Found In Forest

Afrobeat Star Dremzee Rises From Ughelli With Hit Singles Panadol, Hustle Anthem

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.