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please I need your help on this topic. enchancing public and private sector cyber security in Nigeria
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A cyber-attack hit the main website of the British Broadcasting Corporation (BBC) and its iPlayer Streaming service on New Year's Eve. The BBC’s websites were unavailable for several hours as a result of the attack. This was the first widely reported cyber-attack of the year 2016. Whilst it is bad enough to hear such news at the start of the year, what should be of main concern is the number of unreported or stealth cyber-attacks that have and will occur in 2016. As the Internet and technology continues to evolve, the world becomes more connected and no one is immune to these threats.

2015 was an incredible year for cybersecurity in Nigeria. In May 2015, the cybercrime bill was signed into law in Nigeria by erstwhile President Goodluck Jonathan. The implications of this to individuals and corporations is that cybercrime is now properly defined and legal consequences are attached to any defiance of this law.

At the start of last year, an annual forecast of Nigeria’s cybersecurity landscape was detailed in our 2015 Nigeria Cybersecurity Outlook. This included forecasts that the likelihood of cybersecurity issues were expected to reduce towards the last quarter of the year due to the successful implementation of the Bank Verification Number (BVN) exercise; an initiative powered by the Central Bank of Nigeria (CBN). This prediction was confirmed in a report presented by the Chairman of the Nigeria Electronic Fraud Forum (NEFF) who is also Director, Banking and Payment System Department, CBN; Mr. Dipo Fatokun during the forum’s annual dinner. He stated that the loss arising from electronic payment fraud had fallen by 63% and there had been a reduction of 45.98% in attempted online fraud by the end of 2015 as against the beginning of the same year. This drop could be partly attributed to the successful implementation of the BVN; a commendable initiative implemented to secure Nigeria’s payment system in 2015.
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