According to CBN, cybersecurity threats, data breaches, and digital fraud are persistent concerns that could erode consumer confidence in the system.
“The government has consistently shown their willingness to listen to the concerned public,” he said.
Mr Ajulo stressed the importance of limiting personal information shared online.
The high-profile event is set to be held on November 22 and 23 at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00 p.m. daily.
Mr Bagudu commended the German government for its continuous support to the country.
Banks face a unique risk of fines and penalties if they fail to meet the standards set by regulators.
Though the number of leaked records hit new highs in 2020, Atlas VPN stated that the number of actual data breaches reduced from 7,553 breaches in 2019 to 3,932 in 2020.
The Nigerian leader launched the National Cybersecurity Policy and Strategy (NCPS) 2021 on Tuesday.
Several tries to gain access to the site were futile as of 3:30 p.m. Monday afternoon.
