Mastercard, in partnership with the Committee of E-Banking Industry Heads for Nigeria (CeBIH), recently hosted the second edition of its annual Fraud Forum in Lagos, Nigeria.
Following the success of the first edition in 2023, this year’s forum brought together key industry players including financial institutions, payment service banks, and fintech companies to discuss important topics such as threats and vulnerability, intel-sharing, and best practices in combating industry risks.
The cybersecurity event, attended by both public and private sector representatives, also delved into the regional threat landscape based on Mastercard’s strategic threat intelligence data.
During the forum, Vice President of Customer and Solutions Center for West and East Africa at Mastercard, Kari Tukur, expressed excitement about continuing the Fraud Forum in Nigeria. Tukur emphasized the importance of addressing cyberattacks within the Nigerian financial ecosystem and highlighted Mastercard’s commitment to providing solutions to protect businesses and customers from vulnerabilities.
Representing CeBIH Chairman Celestina Appeal, Secretary of Emerging Payments Temitope Onibaniyi, praised the partnership with Mastercard for hosting another successful Fraud Forum in Nigeria. Onibaniyi emphasized the forum’s role as a crucial platform for industry leaders, stakeholders, and experts to come together and tackle the evolving landscape of fraud and cybersecurity challenges.