Nigeria targets 40℅ reduction in cyber attacks by 2027

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Director General/Chief Executive, National Information Technology Development Agency, Inuwa Kashifu Abdullahi

The Federal Government of Nigeria has announced its intention to reduce cyber attacks by 40 per cent by 2027.

It stated that this objective would be accomplished through the implementation of a computer emergency readiness and response team across all ministries, departments, and agencies.

The National Information Technology Development Agency unveiled this in its latest strategic roadmap and action plan, a document which was obtained by our correspondent on Saturday.

The strategic blueprint aims to make a significant contribution to Nigeria’s broader digital economy strategy.

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It seeks to reposition Nigeria as a digitally empowered nation, and it’s a collective responsibility to execute this project.

The goal is to elevate Nigeria to a premier status in the global digital economy by leveraging the potential of innovation and entrepreneurship.

According to kasperky.com, cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.

Last month, the International Monetary Fund called for immediate action on national cybersecurity strategies as global banks suffered a $2.5bn loss to cyberattacks in four years.

The IMF said in its April 2024 Global Financial Stability Report, released recently, that $12bn has been lost in the last 20 years to cyberattacks.

However, the government wants to reduce these attacks through proactive monitoring and response actions.

The report partly read, “There will be a 40 per cent reduction in successful cyber security attacks by 2027. It aims to detect and neutralise cyber threats within Ministries, departments and agencies networks through proactive monitoring and response actions by the agency’s computer emergency readiness and response team.”

Commenting on the plan, the Director General NITDA, Kashifu Inuwa, said, “The government has noted the issue of cyber attacks and is ready to strengthen cyber security and digital trust. So as we digitise we know that there is a big threat to our cyber security. There are a lot of criminal activities happening in the cyber space so as we build, we need to build with security in mind.

“So that’s why we are also implementing other initiatives to ensure that every digital tool we are designing it security in mind. So we are implementing some tools to enable end-to-end security. We are also promoting digital signature so that as you computerise office workflow, someone needs to take accountability through digital signature. It is more secure than the physical one.”

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