Exploratory study of the internet and business operations in Nigeria

Abstract

Recent cybersecurity reports suggest that cyber-attacks are on the increase, especially as they are mostly deployed innovatively by cyber-criminals to steal personal data, conduct espionage, harm business operations, or deny user access to information and services. In Nigeria, cyber-attacks remain the most notable strategies employed by highly sophisticated cybercrime syndicates in attacking and stealing information from large corporations and Internet users. This study explores how cyber-attacks impinge business operations in Nigeria. Data for the study were gathered from newspapers, e-books, magazines, journals, textbooks and online articles. At the end, the study calls for businesses to strengthen their network of security, engage in aggressive cyber-security awareness training for staff, leverage advanced detection and response technologies, and use mobile protection solutions or corporate internet traffic protection to avoid the damaging effects of malware on their finances and reputation.  It is equally recommended by the study for corporate organisations to spread their data across smaller sub-networks to help contain attacks to only a few endpoints instead of the entire ICT infrastructure.