CSCS Advocates Collective Responsibility Towards Cybersecurity

-by our correspondent.

The Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, has tasked leading industry professionals in Information Technology on innovative ways of enhancing Cybersecurity in the country.

The CSCS advanced its advocacy for cybersecurity in a virtual conference with the theme: “Cyber Security: The Challenges We Face Today” organized recently by the company.

Participants deliberated on innovative ways of enhancing security architecture of firms, with emphasis on the role of different stakeholders, especially employees and customers in protecting the integrity of information technology networks and systems.

The conference which drew participants from various sectors of the economy was moderated by the Acting Head, Enterprise Risk Management and Resilience Services at CSCS Plc,  Isioma Lawal,  with six panelists including;:  Chief Information Security Officer, Harrison Nnaji,  First Bank Group; Funmilola Odumuboni, Senior Manager, Cyber Risk Services, Deloitte; Phil Menny, Regional Director, West and East Africa, among others.

In his opening remarks, the Managing Director/Chief Executive Officer of CSCS Plc, Haruna Jalo-Waziri said: the conference, which is the third in the series, was timely given the increasing global incidence of cyber-attacks, especially as network compromise, arising from remote connections associated with work-from-home, presents new forms of cybersecurity exposures.

“The prolonged pandemic occasioned by COVID-19 has increased digitization and adoption of new technologies, albeit presenting new risks to cybersecurity”. He noted.

The CSCS boss reiterated the need for protection of the ecosystem from the rising vulnerabilities of cybercrimes. “At CSCS, we believe everyone’s awareness and conscious practice of best approaches in cybersecurity should be a key aspect of how people live and work in today’s environment.”

He called on everyone to take responsibility for protecting the integrity of networks and systems, not just for personal interest but also in ensuring the integrity and safety of the ecosystem and broader market.

In his words: “Cybersecurity is not the responsibility of the IT officers, rather it’s a collective responsibility of everyone connected to the system, including customers, who we must continuously educate on best practices to prevent them from being the weakest link in our systems”.

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