Lagos Deputy Governor Calls for Cybersecurity Investments

Dr Kadri Obafemi Hamzat, the deputy governor of Lagos State, emphasized the need for corporate organizations, especially financial institutions, to prioritize investments in cybersecurity and emerging technologies. He made this statement while commissioning the new corporate headquarters of Canary Point Holding Limited, a financial services conglomerate in Lagos.

Hamzat noted that the integration of technology into financial transactions necessitates robust cybersecurity measures to protect sensitive information and secure digital infrastructure. He warned that the sustainability of financial institutions relies heavily on their ability to safeguard against cyber threats and financial fraud.

Hamzat commended Canary Point Holding Limited for its growth and diversification, highlighting its contributions to the economy through employment generation and support for entrepreneurial development. He also mentioned the Lagos State Government's willingness to collaborate with the company in mortgage financing and real estate development to address housing challenges.