From Cyriacus Nnaji, Lagos
Participants at the second edition of NaijaSecCon have been exposed to insights and discussions around malware analyses; cryptocurrency mining, USB forensics, digital forensics capabilities, programming and different topics around security.
Speakers at the conference held in Lagos recently were of the view that lack of education on technical aspects of Information Security could hurt the economy in the nearest future.
Their unanimous views stem from the report which projects that the devastating effect of cyber-crime will cost about $6trillion by 2021.
This is from an increase of $3 trillion recorded in 2015. It is roughly estimated that about 60% of Nigerian companies suffered a form of cyber-attack during the year 2017, many of which went unreported for reasons ranging from, lack of knowledge of such happenings, apathy, fear of losing customers, job security, etc.
The Lead Convener of NaijaSecCona��18, Rotimi Akinyele said the conference was convoked to draw attention to issues around security while increasing wave of cyber crimes.
a�?There is something called BEC (Business Email Compromise) where you have hackers breaking into companiesa�� email and making transactions on behalf of the company. Previously, it was phishing. Now, there seems to be a maturity in terms of how these crimes are committed, nowadays you have lots of people using malware and Trojansa�?.
On his part, the Founder of Inspaya, Muzudeen Kusimo, said there was a level of education required from those that would be making cybersecurity policies in Nigeria.