The oil and gas industry is a cornerstone of Nigeria’s economy, contributing significantly to GDP and foreign exchange earnings. However, cyber-attacks are severely threatening this vital sector. According to Check Point’s Cyber Security Report, Nigeria faces one of the highest frequencies of cyber-attacks in Africa, with organisations experiencing an average of 3,759 attacks per week, highlighting the urgent need for bolstered cyber security measures.
Kingsley Oseghale from Check Point emphasises the importance of protecting Nigeria’s valuable oil and gas resources amid rising cyber threats, especially with new developments like the Dangote Refinery set to enhance local economic growth.
Source: Intelligent CIO Africa
Key Points
- Nigeria’s oil and gas sector is essential, contributing around 5.5% to GDP.
- The country experiences 3,759 cyber-attacks weekly, prompting calls for stronger cyber security.
- Check Point identifies phishing as a primary threat, with 68% of attacks linked to email.
- Recommendations include enhancing BYOD security, investing in threat intelligence, and securing edge devices.
- Overall, improving cyber security is crucial for maintaining operational integrity and protecting sensitive data.
Why should I read this?
If you’re in the oil and gas sector or just have a passing interest in cybersecurity, this piece is essential reading! It dives into the pressing issue of cyber threats facing Nigeria’s economy, highlighting the catastrophic potential for the oil and gas industry. Check Point provides actionable recommendations that can help safeguard not just data, but the whole industry. So, if avoiding the next big cyber disaster sounds good to you, check it out!