Nigeria to Step Up Cyber Defenses as AI Attacks, Losses Mount

Nigeria plans to put in place a cybersecurity framework as it confronts a surge in increasingly sophisticated, artificial intelligence-driven cyberattacks that’s costing its banks, companies and government agencies millions of dollars.

The framework that will be implemented this year will require organizations operating in Nigeria to meet minimum cybersecurity spending thresholds, according to Kashifu Inuwa Abdullahi, director general of the National Information Technology Development Agency.