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Stewardship Report of Sir Stephen Alaekwe

Sir Stephen Alaekwe is a Certified Information Systems Auditor (CISA) and a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN). He is a seasoned Banker; Professional Accountant; Financial Manager; and a Licensed Data Privacy/Protection Consultant, with over eighteen (18) years’ cumulative experience. Haven been a firm enthusiast and advocate of Digital Trust, he is ISACA DTEF Foundation Certified, and the Certified DTEF Trainer and Ambassador for ISACA Abuja, Nigeria.
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Becoming a CISO: The role of Certified Information Security Management (CISM) in meeting Central Bank of Nigeria (CBN) New Risk-Based Cybersecurity Framework for Banks and Payment Service Banks.

Edit Column The CBN has introduced a pivotal change by releasing a new Risk-Based Cybersecurity Framework and Guidelines for Deposit Money Banks (DMBs) and PSBs. Effective July 1, 2024, this comprehensive framework provides a risk-based approach to managing cybersecurity risk. It comprises seven parts, each meticulously designed to ensure thorough coverage: Cybersecurity Governance and Oversight; Cybersecurity Risk Management System; Enhancing Cybersecurity Resilience; Emerging Technologies; Metrics, Monitoring and Reporting; Compliance with Statutory and Regulatory Requirements; and Enforcement.
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