Cyber Threats Cast Shadow Over Nigeria's Digital Boom as FG Issues 33 Alerts

12 Aug 2024

Nigeria’s rapidly expanding digital economy is experiencing growing threats from cybercriminals, prompting the Federal Government to issue 33 cyberattack warnings over the past year.

Since July 2023, the Nigeria Computer Emergency Response Team (ngCERT), operating under the office of the National Security Adviser (ONSA), has been actively releasing warnings to alert Nigerians about emerging cyber threats and vulnerabilities. These alerts are important in keeping the public informed about the latest tactics employed by cybercriminals and the necessary precautions to reduce risks.

The warnings issued by ngCERT highlight the increasing persistence and style of cyberattacks targeting Nigeria's digital infrastructure. The International Business Machines Corporation (IBM) describes cyberattacks as unauthorized attempts to steal, expose, alter, disable, or destroy information through illegal access to computer systems. Such activities pose significant risks to both individuals and organizations.

The breakdown of the 33 warnings reveals a concerning trend: 22 of these were issued in 2024 alone. Specifically, three warnings were released in January, two in February, three in March, five in April, three in May, two in June, and four by mid-July. This steady stream of alerts underscores the persistent and evolving nature of cyber threats.

As Nigeria continues to embrace digital transformation, the need for robust cybersecurity measures becomes increasingly critical. The warnings from ngCERT serve as a clear reminder for all stakeholders to strengthen their cybersecurity protocols. Basic steps such as implementing strong passwords, keeping software up-to-date, and remaining vigilant against phishing attempts can significantly reduce the risk of falling victim to cyberattacks.

The Nigerian government, through ngCERT and ONSA, remains dedicated to enhancing the country’s cybersecurity framework. By continuously monitoring, reporting, and responding to cyber threats, these entities play a key role in protecting Nigeria's digital economy.

Experts caution that hackers are now using emerging technologies like artificial intelligence (AI) to enhance their criminal activities. The Cyber Security Experts Association of Nigeria anticipates that AI will further drive the increase in cyberattacks in 2024.

Moving forward, the collaboration between government bodies, private sector entities, and international partners will be essential in building a secure and resilient digital landscape. As Nigeria continues its digital expansion, the ongoing challenge is to enhance cybersecurity measures and foster collaboration among all stakeholders to protect the nation’s digital assets and ensure a resilient digital economy.

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