Special Tribute to First Bank

Behind every EFFECTIVE Global Institution, there is a LEGACY of global commitment. This global commitment has been clearly demonstrated by one of the foremost financial institutions in the country. CYBER THREAT is real, colossal, damaging and undermines reputation of any global institution.

We recalled the statement credited to Mr. Ademola Adewale, the First Bank Head, Internal Control and Reconciliation, during our 1st National Conference on Cybercrime and Cybersecurity in 2008, he gave us a clue to the first bank understanding of the global threat and First Bank readiness and response strategy for prevention and protection.

“We are lucky that cyber criminals have not done any such big time fraud. But, we need to quickly move up and provide security. Otherwise when they strike, banks will lose a lot of money. What we’re having now are more of fraud, ATM theft… using it to steal money; but real time internet fraud – big time fraud has not yet happened. Banks have to quickly deal with that…there is a frame work, and we involved consultants who have developed a standard for the Bank and the bank is actually looking at meeting the 150 standards on security. So we are looking beyond Nigeria, we are identifying ourselves with the best banks in the World so we are in good steps in First Bank…”

It is better to pass through the rigour of prevention than to pass through the rigour of crisis. This is what First Bank has clearly demonstrated. Now, how does the certification translate into global values for first bank and our country?

Boosting first bank confidence in a connected world
Facilitate global confidence in First Bank
Reinforces global trust in its corporate business transactions
Global first choice among others
Breaking of limitations and expanded Investment leverages
And more importantly yield increase return and secure investment growth benefits to depositors, shareholders, customers and the country at large.

This is truly an indisputable Nigeria-Global institution that is ready for competitive engagement in the 21st century emergent cyber-ecosystem. We are proud to associate with First Bank in this achievement. This is basis of our cybersecurity advocacy.

We encourage other vision-driven institutions in our country to emulate First Bank giant stride in the pre-emptive strategies against cyberthreats. This is the only way we can build confidence in our connected – highly competitive world – for the foundation laying for a new Nigeria.

We therefore invite corporate institutions to the 1st IMPACT Cyber-Security Core foundation training program. This is IT Security Programs for selected financial and other institutions in Nigeria. The training is a credible and authoritative program based on the ISO_IEC_27002;2005, and other internationally recognized standards and practices. This our action plan for ISO_IEC_27002;2005, and other internationally recognized standards and practices. For details please visit: www.cybersolutionafrica.org.

CONGRATULATION FIRST BANK PLC!

Global Network for Cybersolution Ltd/Gte
www.cybersolutionafrica.org