CBN Launches '#NoGoFallMaga', Anti Yahoo Yahoo Campaign |SEE DETAILS

This was disclosed by the apex bank through its Director of Banking Supervision, Mr Haruna Mustafa, on Monday.

According to him, cybersecurity awareness wasÔÇ» a key element in mitigating cyber risk and the bank was ready to partner with industry stakeholders to sustain efforts at educating staff and customers on fraud information and cybersecurity hygiene practices.

He said, "It would also be beneficial to the industry if banks extend their cyber security awareness programme to their customers using various media in Nigerian languages such as Yoruba, Igbo, and Hausa, among others, for an improved ecosystem. Another area of focus is driving and integrating awareness programmes into the Nigerian education system.ÔÇØ

He explained that the present generation of students was practically born with technology in their hands, noting that cybersecurity must be an integral part of their education.

Mustafa said students, teachers, and administrators all need access to the learning tools necessary to understand, detect and avoid cyber threats they might encounter in their daily activities.

"To this end, the CBN is ready to partner with industry stakeholders to develop an awareness programme that can be integrated into the education system in Nigeria to create a security culture for citizens from childhood,ÔÇØ he said.

The Committee of Chief Information Security Officers of the Nigeria Financial Industry (CCISONFI) and Cybersafe Foundation (CSF) are the partners of CBN in the initiative.

CCISONFI Chairman, Abumere Igboa, said, "This initiative looks at tackling cybercrime that poses a threat to customers and the Nigerian citizenry in conducting reliable and safe financial services.

"We have also realisedÔÇ» that only through concerted efforts by financial industry stakeholders and ensuring our customers remain cyberware, can we then eliminate or take measures to reduce the activities of cybercriminals,ÔÇØ Igboa added.

Confidence Staveley, Executive Director of Cybersafe Foundation, said the partnership would enable them to join forces to reach the 40 million Nigerians who currently access financial services across the country