Central Securities Clearing System Plc

Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, is ramping up its cyber-security advocacy as it sensitizes financial market participants on rising rate of cybercrime. In a webinar organized by CSCS, financial market stakeholders, including bankers and capital market operators dialogued on innovative measures for preventing cybercrimes, dire need for increased campaign and exigency of collaborative investments to reign in the rising rate of cybercrime. The online event themed “Cyber Security and Information During the Pandemic” was lauded for its timeliness, as COVID-19 pandemic and attendant remote connections may have increased cyber-security risks in many organizations, particularly as the crime rate surges globally, with rising exposure of financi...