{"id":35088,"date":"2019-10-05T13:37:20","date_gmt":"2019-10-05T12:37:20","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=35088"},"modified":"2019-10-05T13:37:20","modified_gmt":"2019-10-05T12:37:20","slug":"ecobank-calls-for-collaborative-efforts-to-fight-cyber-crime","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ecobank-calls-for-collaborative-efforts-to-fight-cyber-crime\/","title":{"rendered":"Ecobank Calls For Collaborative Efforts To Fight Cyber Crime"},"content":{"rendered":"<blockquote>\n<p style=\"text-align: left;\"><span lang=\"EN-US\">Ecobank Nigeria limited has advocated <\/span><span lang=\"X-NONE\">continuous collaboration by all stakeholders in the fight against cyber crimes in the country. <\/span><\/p>\n<\/blockquote>\n<p><span lang=\"X-NONE\">In his welcome address at the second general meeting of Nigeria electronic Fraud Forum (NeFF) in Lagos<\/span><span lang=\"EN-US\">,\u00a0<\/span><span lang=\"X-NONE\">Patrick Akinwuntan<\/span><span lang=\"EN-US\">,\u00a0<\/span><span lang=\"X-NONE\">Managing Director, Ecobank Nigeria, said the activities of cybercrimes has assumed a high dimension, stressing that all hands must be on the deck to check the\u00a0<\/span><\/p>\n<p class=\"yiv2483389256MsoNormal\"><span lang=\"EN-US\">Mr.\u00a0<\/span><span lang=\"X-NONE\">Akinwuntan who was represented by the Group Head, Operations and Technology, Ecobank, David Isiavwe<\/span><span lang=\"EN-US\">,\u00a0<\/span><span lang=\"X-NONE\">saluted the efforts of the Central Bank of Nigeria (CBN), NeFF and other interest groups for coordinating and championing the fight against the crime, assuring them of Ecobank\u00a0<\/span><\/p>\n<p class=\"yiv2483389256MsoNormal\"><span lang=\"X-NONE\">In his words: \u201cWe must all salute the courage of the CBN and the NeFF especially\u00a0in the gallant role that they are playing in coordinating and championing the fight against cybercrime. We at Ecobank duly recognize this role and fully support it as we know the immense benefits that accrue to the society by having a safe and secure environment where banking and general commerce can be done by the citizens of the country,\u201d noting that \u201cit is generally known that the strength of any system is determined by its weakest link. Thus, the need for information sharing and continuous collaboration by all stakeholders is paramount. Again, we must salute the efforts of the CBN for bringing together key stakeholders on a continuous basis to evaluate different aspects of cybersecurity and to further inoculate the system.\u201d<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv2483389256MsoNormal\"><span lang=\"X-NONE\">Speaking earlier, the Chairman NeFF, Mr Sam Okejere called for the review of existing, enactment of new laws in a bid to mitigate fraud risks in the payment system in the country. Okojere noted the imperativeness due to the re-introduction of cashless Policy that will increase electronic transactions and electronic fraud. It is necessary to review and strengthen the existing rules and enact new regulations to mitigate fraud risks in the Payment system. As Evidenced by the NIBSS second quarter fraud report of 2019, attempted fraud volume decreased by 47.28 per cent in Q1 figures, while Web, ATM, and Mobile remain the usual suspects to be used by fraudsters\u201d<\/span><\/p>\n<p class=\"yiv2483389256MsoNormal\"><span lang=\"X-NONE\">\u201cBecause of the cashless Policy re-introduction and following the trend of increase in usage of electronic transactions that occurred in 2012 against 2018, which has seen growth, there is a likelihood of continued increase in electronic transactions and corresponding potential upsurge in electronic fraud in spite of collective and concerted efforts to check fraud in the country\u201d The Chairman said.<\/span><\/p>\n<p class=\"yiv2483389256MsoNormal\"><strong><span lang=\"EN-US\">Photo Caption: From <\/span><span lang=\"EN-US\">Left: Olusegun Olatona, Head, Bankwide Operations, Keystone Bank;\u00a0<\/span><span lang=\"EN-US\">Rakiya Muhammed, Director, Information Technology Department, Central Bank of Nigeria (CBN); Sam Okojere, Director, Payments System Management Department, CBN; Nosa Anderson, Group Head, Enterprise Risk Management, Unified Payments System; David Isiavwe, Group Head, Operations and Technology, Ecobank and DCP Emeka Nwonyi, Planning Research and Statistics, Police Force Headquarters Annex, Lagos during the second general meeting of Nigeria electronic fraud Forum in Lagos last week<\/span><\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Ecobank Nigeria limited has advocated continuous collaboration by all stakeholders in the fight against cyber crimes in the country.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":29142,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[814,2868,6245],"coauthors":[2391],"class_list":["post-35088","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-ecobank","tag-ecobank-nigeria","tag-patrick-akinwuntan-managing-director"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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