NCC to Strengthen Trust in Digital Economy at Cybersecurity Conference

NCC to Strengthen Trust in Digital Economy at Cybersecurity Conference

The Nigerian Communications Commission (NCC) has reaffirmed its commitment to enhancing trust and confidence in the digital economy by promoting good cybersecurity practices and hygiene.

Iexclusivenews Nigeria reports that Cyber security is widely recognized as the most serious strategic threat to the digital economy and other technology advancements. Speaking at the Annual Cyber Security Conference with theme: Building Trust in the Digital Economy through Cybersecurity, and Sensitization on the Implementation of the National Cybersecurity Policy and Strategy (NCPS) 2021, organized by the NCC in collaboration with the Office of the National Security Adviser (ONSA), the Executive Vice Chairman, NCC, Prof. Umar Danbatta said Cybersecurity is a collective responsibility as no single government, business or individual is immune or can do it alone.

Danbatta who was represented by the Executive Commissioner, Stakeholders Management, NCC, Mr. Adeleke Adewolu, explained that the growth of digital economies is changing how “trust” is valued by institutions, businesses, and the public.

He added that the old-fashioned view of trust is expressed in terms of business partnership and merely, the security of business transactions.

Danbatta, however, described how technological advancement brought by the cyberspace domain, and the increase in cybercrimes, identity theft, social media and fake news campaigns have introduced fresh dimensions that affect the notion of trust in the digital era.

He said: “Consequently, trust in an organization is built on reputation and ethical practice, privacy compliance and assurance, intellectual property and data integrity, and the public’s perception of how well these components of trust are ensured or safeguarded.

“Similarly, in the digital economy, trust and confidentiality promote a healthy digital environment, enshrined in global best practices to guarantee the privacy and integrity of digital data.

“To improve digital trust and confidentiality, the digital economy should be built on trusted technologies and partnerships, ensuring strong cybersecurity that rides on public’s confidence, security, privacy and safety to bolster responsive regulations, transparency, accountability and digital governance.

He also emphasized that the commission’s cybersecurity awareness initiatives and campaigns are helping the public understand the risks in digital space and how to reduce the vulnerability opportunities that adversaries can benefit from.

“We call on all cybersecurity stakeholders to key into the National Cybersecurity Policy and Strategy (NCPS) 2021, and accelerate the adoption of its various components. Cybersecurity is a collective responsibility as no single government, business or individual is immune or can do it alone.”

In his goodwill message, the National Security Adviser, Maj.-Gen Babagana Monguno (retired), disclosed that one of the most successful method of fighting increasing complex and ever changing cybercrime is on trust.

The National Security Adviser, who was represented by the Director of Communications, ONSA, Brigadier General Samad Akesode, described Information sharing is also essential, it covers all aspect of cyber security.

“Sharing of information of cyber threat timely reportage of incident rightly is a test that determines if the principles that you established will actually make the difference in the real word. Remember that sharing enhances feasibility of cyber threat.

“Permit me to urge you to build trust in the foundation of all you are doing, by this I mean establishing principles and ensuring that we all have a common understanding”, he said.