What Nigerian companies, regulators, others must do to prevent prevailing cyber attacks – Experts
Ms Akerele further advised organisations to conduct regular risk assessments covering critical business assets, emerging cyber threats, data processing activities, third-party risks, compliance gaps, and the potential business impact of cyber incidents.
Based on cybersecurity experts’ analysis of ByteToBreach’s claims, the alleged attacks involved an unpatched internet-facing server, weak credential management, poor network segmentation, trusted third-party integrations, weak access controls, predictable user identifiers, and insecure system design from the affected companies.
She advised companies to conduct cybersecurity due diligence before engaging vendors, include clear security obligations in contracts, and regularly assess vendors’ cybersecurity posture, monitor Application Programming Interface (API) access, and ensure third parties comply with data protection requirements.
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