E-Business
Experts Seek Strong Enforcement Framework to Address Low Attribution of Attacks
Cybersecurity experts have advocated for a strong regulatory and enforcement frameworks in order to address low attribution and deterrent of cyber-attacks in the country.
Kenneth Okereafor, cybersecurity and Biometric expert, said that poor cybersecurity attribution is one of the major reasons for the consistent rise of cybercrimes in Africa.
“Nigeria and Nigerians are daily victims of cyber-attacks with huge financial, reputational and legal consequences.
“Cybersecurity attribution involves the entire process of tracking, identifying, laying blames on, and possibly punishing the perpetrators of cyber-attack or other computer hacking exploits that have significant impact on the economy and our daily lives.
“Crime strives faster in any society where checks are ineffective, poorly applied or non-existent. Cybersecurity consciousness is essential to prevent, detect and respond to cyber-attacks and other breaches in the cyberspace. Without deterrent measures, cybercriminals become emboldened to attack vulnerable targets,” he said.
He urged regulatory agencies to develop strategies for monitoring cybersecurity policy implementations and for responding to the dynamics of the cyberspace in Nigeria and around the continent.
“Organizations in the public and private sectors should desist from withholding the reporting of cyber breaches for fear of reputational backlash or regulatory sanctions” he added.
William Makatiani, managing director, Serianu, added that cyber- attacks in Nigeria and Africa will continue to be on the increase as long as cyber and electronic frauds are not attributed.
“Security is complicated because there is local aspect around securing systems; most of our fraudsters live here. There is no way somebody will come from the US and secure it, that is the hard work. We need somebody to understand how these people are doing it. Only locals can do it.
“When it comes to preparation we are not ready because we don’t have enough skills. More so, we are not ready to fight cyber crime, because we are not collaborating. If you are Bank A and I’m Bank B, if you get compromised you keep quiet if it insurance you go get compensated you will not tell Bank B and Bank B will get hit, it really empowering the hackers now they know they can get away with all these attacks.
“When it comes to attribution we are poor just 2 per cent , there is no single attack that has be successful attributed. If it comes to attribution of attacks happening in different countries in Africa it is not easy to attribute it to somebody, attribution is a challenge.
“Deterrent requires law enforce and it is where we are really struggling. Law enforcement agents are not working together you find judiciary, national intelligence or Army working in variance that is the biggest cyber security problem,” he said.
Ike Nnamani, president, Demadiur Systems, said that the implication of this scenario allows the cyber criminals to get away with the crime if it is not reported to law enforcement agencies.
“When it is not reported it will be difficult to put the right policies in-place to prevent future occurrences. When it is unsolved, it shows that the right regulatory and legal policies are not yet in-place to ensure that law enforcement agents can prosecute offenders and get them punished,” he added.
Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.
According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.
AI code assistants provide for more capabilities than only code development and completion, notes the research firm.
According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.
Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.
“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”
Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.
Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.
NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.
“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD
- The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
- The single GMPC has multiple use cases:…
— NIMC (@nimc_ng) April 12, 2024
It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.
“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.
NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.
NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme
Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.
“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.
“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.
“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.
“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.
“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.
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