Cyber Crime Attack: How prepared are you?

&NewLine;<p class&equals;"wp-block-paragraph">As&NewLine;simple as this poser may look&comma; cyber security risk is indeed&comma; the crux of security&NewLine;issues and nightmare to business operators&comma; at the moment&comma; around the globe&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Speaking&NewLine;at the Nigeria-South Africa Chamber of Commerce June breakfast meeting on June&NewLine;27 at Eko Hotel&comma; John Anyanwu&comma; Partner&comma; Technology Advisory&comma; KPMG Nigeria&comma;&NewLine;explained that every living individual&comma; government institution&comma; multinational corporations&NewLine;and other business entity are exposed to cyber security risks&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Anyanwu&comma;&NewLine;a certified security auditor&comma; hinged his submission on the level of internet&NewLine;adoption by human and corporate organizations where &OpenCurlyDoubleQuote;everything is connected&comma;’&NewLine;adding that likelihood of connecting the human body through chips is high&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">At&NewLine;the meeting with a Theme &OpenCurlyDoubleQuote;Managing Cyber Security Risk in Today’s Business Organizations&comma;”&NewLine;Anyanwu explained the multifaceted nature of cyber security risk &nbsp&semi;is such that Chief Executive officers in&NewLine;multinationals have had to resign as a result of lapses in the management of unpleasant&NewLine;developments especially when customers’ data get exposed to the wrong people&period; &OpenCurlyDoubleQuote;Yahoo&NewLine;has millions of users and when users’ data got exposed&comma; there was a serious reprimand&period;&NewLine;Nigeria is becoming exposed to cyber attack&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">As&NewLine;a remedy&comma; Anyanwu stated&comma; among other plethora of advice&comma; &nbsp&semi;that management must &OpenCurlyDoubleQuote;be proactive&comma; imbibe the&NewLine;spirit of continuous awareness creation and take threat identification very&NewLine;seriously&comma;” even as he added that &OpenCurlyDoubleQuote;companies should always prepare for attack”&NewLine;as no file is safe in the prevailing situation&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He&NewLine;also admonished stakeholders to avoid wholesome confidence that all is well by joining&NewLine;&OpenCurlyDoubleQuote;cyber community” for the purpose of intelligence gathering and sharing&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He&nbsp&semi; alluded to SWIFT’s experience where the&NewLine;company had to &nbsp&semi;initiate &nbsp&semi;&OpenCurlyDoubleQuote;community of cyber operators” to fight cyber&NewLine;security threats after being hacked in 2015 and huge sum of money lost&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">In&NewLine;a company&comma; &OpenCurlyDoubleQuote;once the cyber security aspect is right&comma; assurance of peaceful&NewLine;regime for progressive business operations would be guaranteed&comma;” he said&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">KPMG&comma; a tax&comma; risk and audit service provider&comma; through a &nbsp&semi;combined &nbsp&semi;multi-disciplinary approach with deep&comma; practical&NewLine;industry knowledge in helping &nbsp&semi;clients&NewLine;meet challenges and respond to opportunities&comma; sponsored the June breakfast&NewLine;edition&period; <&sol;p>&NewLine;