Experts seek coordinated approach to address cybercrime

CYBER security experts have called for coordinated efforts toward curbing the rising rate of cybercrime in the country.

The experts made the call at an awareness session organised by Infodata Professional Services in collaboration with Forcepoint, with the theme: ‘ Data and Human Factor - The One Security Solution,’ in Lagos.

Senior Manager, Sales Engineering, Forcepoint, Mohammed El Shenawy, said that creating awareness from time to time about new technologies and the basic protection from Internet risk has become very important.

El Shenawy said he was in Nigeria to talk about new things happening in Cyber security because consumers of technology have started to adopt new technologies.

According to him, many of these new things are taking people’s data to the Internet and in order to secure them, there is a need for heavy investment in that space.

"For people to take credit, they need awareness and that is why we are here to talk about technology to use in protecting people from getting any data breach or exposure when this data is going into the Internet.

“This event is to create awareness for the professionals, who are working in the industry and really on the need to listen to new technologies, innovative solutions that can help do the mission of prot ecting their data.

"However, it is our responsibility to be careful of how we are dealing with this technology so creating a wareness from time to time about this technolog y and how we can do basic protection from the Internet risk is very important," he stated.

According to him,

Forcepoint's focus is dealing with people when they are interacting with their data, adding that the firm puts humans in the centre of its attention to protect their data and interaction with the Internet.

In his presentation, the Managing Director of

Infodata Professional

Services, Chuks Ulu Udensi, noted that current data showed that there is an increasing proliferation of targeted cyber- attacks in the financial services sector ranging from insider threats to typical

Ransomware, phishing, web application and vulnerability exploitation attacks, denial of service ( DOS) attacks and campaigns of the nation- state and statesponsored threat actors.