CSEAN calls for Cybercrime Law amendments as experts meet

He said ransomware damages are envisaged to cost the world $20 billion by 2021, which is unprecedented as it is 57 more times than what it was in 2015, according to Cybersecurity Ventures.According to him, digital transformation has resulted in rapid technological advances such as cloud adoption, blockchain implementation, use of cryptocurrencies, artificial intelligence, machine learning, IoT, 5G and data sciences.He said the increase in the number of connected devices in recent years has resulted in the accumulation of data like never before.

On the planned conference, he said the two-day event will attract the best in the cybersecurity industry globally and feature-rich cybersecurity content of informative and educational value.He said whilst tech innovation is empowering forces behind booming businesses and growing economies over the world, the increasing integration of digital technologies into almost all aspects of our society is also exposing many to several associated cyber threats.

Afon, who called for review of the Cybercrime Law 2015 to take into considerations, emerging technologies that appear to be contributing to menace of the crime in Nigeria, and across the globe, said this year’s conference is the seventh of its kind and promises to invoke a collaborative effort, an assembly of cybersecurity industry practitioners, business owners, academia, industry, government, military and law enforcement agencies to identify areas of common interests and proffer inter-workings on ways to tackle cybercrime..

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