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Cybercrime: No business is too small to be attacked – CSCS

The Managing Director and Chief Executive Officer of Central Securities Clearing System (CSCS), Haruna Jalo-Waziri has stressed the need to create awareness about cybersecurity; saying,…

The Managing Director and Chief Executive Officer of Central Securities Clearing System (CSCS), Haruna Jalo-Waziri has stressed the need to create awareness about cybersecurity; saying, no business is too small to be attacked.

Jalo-Waziri during a press conference to announce Cybersecurity Conference 2022 planned to mark the 25th anniversary of the CSCS said that small businesses are also susceptible to attack by cybercriminals.

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He encouraged all business operators to protect themselves, saying, “We must join hands in the fight against cybercrimes and be cyber vigilant just like we are with our devices outside.”

The Cybersecurity Conference scheduled to hold on October 27, according to CSCS boss will provide policy guidelines for stakeholders in the industry.

“Cybersecurity is a key aspect of how the world is going to live, not just financial services or financial markets, as you know, with open banking has come in open finance, open API’s interconnectivity across everyone. Cybersecurity becomes a top requirement and it’s critical as we deliver services, deliver products, as we live our lives. Take a look at maybe smartphones, smart offices, or working from home, all of these things are part of life. We can’t do anything about them. It’s the way the world is going. What is important and critical is to protect ourselves from intrusions and disturbances within the system itself.”

Speaking on the company’s mechanism against cyber-related security, Jalo-Waziri revealed that CSCS is trying to meet standards, build resilience and protection against all odds.

 

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