Cyber crime has remained an issue of growing concern as despite increasing awareness and efforts to fight the menace in Nigeria and across the globe, cyber criminals seem to remain undaunted.
In May 2015 the cyber crime bill was signed into law, properly defining the act as unlawful with penalties attached to any disobedience of the law.
Head Cloud, IP/CSO, Chidinma Iwe, explaining the rudiments of the cyber space in an interview with Channels Television, said that it is a challenging environment that is fast evolving.
“It is one of those landscapes that never remain the same, so the challenge is for those charged with the responsibility of security for their organisations, to always be up to skill and speed with what’s going on globally,” he said.
Iwe opined that although Nigeria is not as prepared as it ought to be, for any eventualities, there are however “a lot of people paying close attention”.
“We are doing a lot of work around information security.
“In terms of preparedness it would be expecting too much to ask Nigeria to be as prepared as the westerns and some other more advanced economies because the kind of infrastructure they have in place, differs from ours in Nigeria”.
According to him, “the world of cyber-crime is a world controlled by several cartels.
“You can liken these cartels to those of the drug industry” Iwe added.
He explained that there is both a demand and a supply end and one cannot exactly say what particular types of crimes are common.
He, however, advised organisations that to be better protected from cyber-criminal attacks, they should first identify their critical assets, i.e identify what assets expose them to huge “reputational losses”.