NDIC Boss Urges Bankers To Pay Attention To Cybersecurity Levy

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The Chief Executive Officer of the National Deposit Insurance Corporation, Bello Hassan, has urged bankers in the country to pay attention to cybersecurity.

He stated this on Friday at the swearing-in ceremony of Professor Pius Olanrewaju as the 23rd president/chairman of the council of the Chartered Institute of Bankers of Nigeria in Lagos.

“In this regard, a deliberate and collaborative approach to cyber risk involving all stakeholders is essential to protect the resilience of the banking system.”

Olanrewaju was sworn in by Justice Owolabi Dabiri at the event held chaired by Senior Advocate of Nigeria, Wole Olanipekun.

In his goodwill message, the Speaker of the House of Representatives, Tajudeen Abbas, represented by the Chairman of the House Committee on Banking, Nwachukwu Eze, hailed the immediate past CIBN President, Ken Opara and called on the new leadership of the organisation to embrace technology to boost financial inclusion.

He said, “Today, as you welcome the incoming president and new chairman of the council, we also reflect on the challenges and opportunities that lie ahead. The banking sector is constantly evolving, driven by technological advancements, regulatory changes, and shifts in customer behaviour.

“In the face of these types of changes, the CIBN must remain steadfast in its commitment to excellence and innovation. The incoming leadership must embrace new ideas, and new emerging technologies and foster collaboration within the industry to navigate these challenges and seize the opportunities that lie ahead.

Source: Punch

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