IIA Nigeria's Don Umeha Warns of Cyber Threats in 2026

The Institute of Internal Auditors Nigeria (IIA Nigeria), under the leadership of Chief Executive Officer Mr. Don Umeha, has issued a warning regarding the escalating threats posed by cybercrimes and financial fraud, particularly those driven by artificial intelligence. This alert was made during the IIA Nigeria 2026 Conference, themed “Future-Proofing Assurance in Nigeria: Confronting Cybersecurity Threats, AI Complexity and Global Volatility.” Umeha emphasized that Nigerian organizations are increasingly vulnerable as their funds, sensitive data, and critical decisions are exposed to digital attacks.

He noted that while the transition to technology-driven operations has improved productivity and accuracy, it has also introduced new vulnerabilities. Umeha called for stronger controls and proactive risk detection, stressing that internal auditing must evolve to identify weaknesses before they lead to financial losses.

He also advocated for adequate regulation of AI to prevent unethical practices and urged the youth to utilize AI for positive innovation rather than fraud.