Lagos - The Public Key Infrastructure (PKI) approach has received a seal of approval as Nigeria intensifies the fight against rampant cybercrime.
Speakers at a stakeholders engagement forum held in Lagos unanimously favoured the approach as the effective measure to curb cybercrime.
Speaking at the forum, the Director-Generalof National Information Technology Development Agency (NiTDA), Professor Cleopas Angaye, outlined the advantages of PKI.
PKI realisation would encompass digital certification and other infrastructural requirements as answers to fraud associated with banking, online transactions and decentralisation of government processes.
It entails a collection of security technologies, procedures, processes and policies that jointly provide a framework for addressing, using cryptography, the fundamental security issues of privacy, authentication, integrity, non-repudiation and access control in data communication.
“PKI entails the creation of digital signatures which is evidence of ‘who did what to whom.’ that is critical to electronic transactions carrying high legal risks or compliance requirements.
"PKI, when integrated into the smartcards, is recognisable as ‘the only practical solution to account hijacking today," said Angaye.
Angaye urged industry stakeholders to improve the proposed document with necessary points for a generally-acceptable blueprint in the interest of the nation.
Pius Okigbo jr, Managing Director of InfoSoft Nigeria Limited, also hailed PKI saying it will encourage private sector investment in the Nigerian technology industry, especially in software development.
“The private sector, especially banks, are going to benefit a lot because the process will help them combat fraud. It is a significant step to ensure systems are secured," Okigbo said.
- CAJ News