Proactive Measures Needed to Safeguard Capital Markets from Cyber Attacks

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Proactive Measures Needed to Safeguard Capital Markets from Cyber Attacks
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Given the importance of repositioning the economy and the need to protect capital markets from cyber attacks, proactive measures are necessary.

Given the huge investments and powers deployed to reposition the economy along a path of sustained growth by broadening asset classes , improving liquidity and deepening transactions, the need for proactive measures to be put in place to safeguard the volume of transactions in the nation's capital markets from cyber attacks have been underscored.

They alluded to this at this year’s company secretaries and registrars’ forum, organised by the Institute of Chartered Secretaries and Administrators of Nigeria , with the theme ‘The Implications of Artificial Intelligence and Cybersecurity to Capital Market Operations’. Accordingly, he said proactive measures must be put in place to safeguard the volume of transactions in the markets.

President and Chairman of Council, ICSAN, Funmi Ekundayo, said the theme was chosen because of the magnitude of its relevance not only to current corporate secretarial practices, but governance practices in general, especially with the right focus that is set on capital market operations. She urged organisations to ensure their applications minimise the potential to attack and the workers must be relevant to current realities.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Unless Nigeria achieves gender balance in infrastructure development, bridging the country’s over $100 billion to $150 billion yearly gap may become elusive.

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