A growing wave of cybersecurity breaches affecting Nigerian organizations has exposed deep weaknesses in basic security practices, raising concerns about the country’s digital resilience as businesses and government agencies increasingly move their operations online.
This is even as Digital Encode Limited, a Lagos-based cybersecurity and governance, risk, and compliance (GRC) advisory firm, has warned that many of the recent cyber incidents targeting financial institutions, fintech companies, government agencies and other organizations were not caused by highly sophisticated attacks, but by avoidable security lapses.
In an advisory, Obadare Adewale Peter, the firm’s chief visionary officer, said attackers are increasingly taking advantage of misconfigured systems, exposed databases, leaked credentials and poorly secured cloud environments that remain accessible on the internet.
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The warning comes amid reports of cybercriminals exposing data allegedly linked to both public and private institutions in Nigeria. The incidents
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