Cybersecurity: ‘Shore up Defences Now’ — CBN Warns Nigerian Banks, Moniepoint, Other Fintechs

Cybersecurity: ‘Shore up defences now’ — CBN warns Nigerian banks, Moniepoint, other fintechs

The Central Bank of Nigeria (CBN) has urged Nigerian banks, Moniepoint, OPay and other fintechs and financial institutions to shore up their defences against cybersecurity and third-party technology risks amid widespread vulnerabilities. The Director of the Payments System Supervision Department of the CBN and Chairperson of the Nigeria Electronic Fraud Forum, Rakiya Yusuf, disclosed this […] Cybersecurity: ‘Shore up defences now’ — CBN warns Ni…

Nigeria: CBN Warns Banks, Fintechs Over Cyber Risks

...Says weak links could destabilise financial system

CBN warns banks, fintechs over cyber risks

…Says weak links could destabilise financial system By Emma Ujah, Abuja Bureau Chief ABUJA: The Central Bank of Nigeria, CBN, has urged banks, fintechs and other financial institutions to treat cybersecurity and third-party technology risks as critical financial stability issues, warning that vulnerabilities in one institution could trigger widespread disruption across the financial system. The […]

CBN tells banks, fintechs to treat cyber risk as financial stability threat

The Central Bank of Nigeria (CBN) has warned banks, fintechs, and other financial institutions to treat cybersecurity, technology-vendor failures, and read more CBN tells banks, fintechs to treat cyber risk as financial stability threat

CBN warns banks, fintechs against growing cyber risks

Central Bank of Nigeria (CBN) has warned banks, fintech companies and other financial institutions about growing cybersecurity and third-party technology risks arising from the increasing interconnectivity of the financial system. The Director, Payments System Supervision Department of the CBN and Chairperson of the Nigeria Electronic Fraud Forum, Dr Rakiya Opemi

CBN issues fresh cybersecurity warning to OPay, PalmPay, Zenith, Access, other banks

CBN warns Nigerian banks and fintechs that cyber and technology risks could threaten financial stability, urging stronger oversight, reporting and AI safeguards.