STAKEHOLDERS FRET OVER PLANNED USSD DISCONNECTION, PLEAD WITH BANKS TO SETTLE N120BN INDEBTEDNESS REPORT: NEW OPERATIONAL TECHNOLOGY THREAT PUTS ORGANISATIONS AT HIGH RISK

to pay, despite several reminders from the telecom body, the telecom regulator

“The growing rate of digital transformation within the African region is facilitating the emergence of new attack vectors and opportunities for cybercriminals. For Nigerian CIOs the consequences of a possible security breach is their number one concern as they look to navigate an increasingly complex threat and regulatory landscape. This is and the Minster of Communications and Digital Economy, Dr. Isa Ibrahim according to the Enterprise Security Trends in Nigeria survey, conducted by the IDC and commissioned by Microsoft. Nigerian organisations realise the importance of developing a proactive approach to security. The IDC survey revealed that 72 per cent of organisations in Nigeria have increased security budgets by 10 per cent or more in the last few

Pantami. Adebayo further explained that years,” the report further said.

It explained that the increase in digital transformation across the region would enabled organisations to manage their buildings, emergency systems and access control with smart devices connected to a network.

“In addition, we have seen an increase in IoT devices in the the telecoms regulator, the Nigerian Communications Commission workplace to better enable hybrid work such as smart conference rooms with microphones and cameras. As the threat landscape continues to expand and become more complex, organisations need to re-think their cyber risk approach to stay one step ahead of would-be attackers, the report said.

Analysing the report, Country (NCC), gave telecoms operators the nod to disconnect banks,

Manager for Microsoft Nigeria and Ghana, Ola Williams, said: “Organisations are more connected than ever before. From the humble Wi-Fi router to the everyday office printer, IT teams need to view their IoT devices differently and secure them as they would any company laptop to prevent security breaches. Gaining complete visibility of an following their refusal to pay the accumulated debt. organisation’s OT systems and protecting its IoT solutions will go a long way in preventing cyberattacks.”

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