NAHIMAH AJIKANLE NURUDEEN, 16 APRIL 2012
Lagos — Experts have stressed the need for Nigerian banks and other business organisations to leverage latest technology to protect their critical databases from increased cyber threats in view of the expected boost on the electronic means of transactions in the country.
IT experts who gathered in Lagos at a 'Data Security and Optimisation' workshop organised by Oracle, a software company in conjunction with one of its platinum partner, Computer Warehouse Group (CWG), said one of the measures to be taken by organisations was to strengthen the protection of their databases through deployment of newest security solutions to protect their corporate information and clients.
One of the experts, a Presales consultant, Oracle, Mr. Peter Boglo, noted that despite the ongoing development in transforming Nigeria into an electronic-based economy and the expected increase of data running on electronic platforms, Nigerian banks and other organisations had not taken advantage of latest database security solutions from Oracle to protect their networks.
He said, "with the new shift in the Nigerian economy where emphasis is being placed on automaton in electronic transactions, championed by the Central Bank of Nigeria through its cashless economy initiative, there would be high susceptibility to increased cyber threats."
Another IT expert, Presales consultant, Database Security, Oracle, Mr. Hamiltion Iyoha, also explained the importance of incorporating Oracle database Vault and Oracle Audit Vault in an organisation's overall security solutions to guard against security breaches both within and outside the organisation.
Also speaking, the Chief Executive Officer, ExpertEdge, the software subsidiary of CWG, Mr. James Agada, said the purpose of the workshop was to make existing potential users of the Oracle database, the other tools that Oracle has developed to protect organisations' information.
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