At the 63rd quarterly general meeting of the Association of Banking Audit Managers of Nigeria (ACAEBIN) in Lagos, the Managing Director of Union Bank Nigeria, Ms. Yetunde Oni, said that the Nigeria is among the main global sources of cyberattacks.

“The exhibition of Nigeria's cybercrime rate remains significant. With reported losses exceeding 100 billion naira in 2023 alone, and the country being among the main global sources of cyberattacks, the context of risks have fundamentally changed,” said the managing director. from Union Bank Nigeria. According to Ms. Yetunde Oni, represented by Ms. Olufunmillola Aluko, Brand and Marketing Director and Head of the customer experience of mso-ansi-language:fr; Mso-fareast-language:en-us; Mso-bidi-language:ar-sa"> Union Bank of Nigeria , cybersecurity is no longer just a computer problem, but “it's a resilience problem at scale of the company and that internal audit must play a leading role in validating, questioning and strengthening our controls.”