The need for advanced cybersecurity solutions in Nigeria has become more pressing as financial losses from cyber fraud have risen sharply despite a decrease in reported fraud cases. This alarming trend has led to a heightened call for businesses to strengthen their defenses against evolving digital threats.
Routelink Group, in partnership with Qualys, recently unveiled an advanced cybersecurity solution to help businesses assess their risk exposure and mitigate potential cyber threats. The Chief Operating Officer of Routelink Group, Stanley Oduah, emphasized the importance of protecting organizations from cyber threats, especially as cybercrime continues to increase in Nigeria.
Oduah highlighted the significant rise in fraud linked to bank branches, citing a recent report that showed a substantial increase in financial losses due to cyber fraud. He also stressed the need to strengthen email security, as phishing attacks remain a common tactic used by cybercriminals to breach systems.
Routelink Group and Qualys offer a combined approach to proactive cybersecurity, with Routelink specializing in email security to block phishing attempts and Qualys providing real-time vulnerability scanning and continuous security monitoring. By using both solutions together, businesses can prevent initial breaches through email security and ensure any weaknesses in their infrastructure are identified and patched before they can be exploited.
According to Oduah, a top-tier Nigerian financial institution saw a significant reduction in phishing incidents and vulnerability patching time after integrating both Routelink and Qualys solutions. This success story reinforces the importance of investing in advanced cybersecurity measures to protect against cyber threats.
During a webinar, Rajat Tripathi from Qualys highlighted the increasing sophistication of cyber attacks in Nigeria and the need for enterprises to improve visibility, automate patching, and strengthen email security to curb cyber risk. Tripathi emphasized the importance of implementing a Zero-Trust Security Model and using multi-factor authentication to verify access requests and prevent unauthorized access.
Tripathi also warned about the rise of ransomware-as-a-service and the need for businesses to stay ahead by automating security audits and patch management using tools like Qualys. By continuously scanning IT environments for vulnerabilities and prioritizing fixes based on exploitability, organizations can effectively mitigate cyber threats and protect their sensitive data.
Overall, the collaboration between Routelink Group and Qualys signifies a proactive approach to cybersecurity in Nigeria and demonstrates the importance of investing in advanced solutions to safeguard businesses against cyber threats in an increasingly digital world. By prioritizing cybersecurity measures and leveraging cutting-edge technologies, businesses can strengthen their defenses and mitigate the risks associated with cyber fraud.