September 24, 2017

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BlackBerry putting itself up for sale -

Wednesday, August 14, 2013

FERMA: A convergence of intent, engagement & perception -

Sunday, August 11, 2013

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Wednesday, August 7, 2013

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Tuesday, August 6, 2013

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Tuesday, August 6, 2013

Nigeria, others to re-evaluate Trans-Saharan gas project -

Monday, August 5, 2013

How Nigerians use social media -

Friday, August 2, 2013

NSIA to manage N3.4tr pension funds -

Friday, August 2, 2013

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Friday, August 2, 2013

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Thursday, August 1, 2013

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Wednesday, July 31, 2013

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Tuesday, July 30, 2013

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Monday, July 29, 2013

Lagos community begins energy generation from waste -

Monday, July 29, 2013

FG to privatise BoI, BoA in 2014 -

Monday, July 29, 2013

Cassava takes pride place in Nigeria’s agro-economy -

Monday, July 29, 2013

Future of Africa in food production depends on training, emerging technologies —Kabba college provost -

Friday, July 26, 2013

Will this fresh initiative against cyber crime work? -

Friday, July 26, 2013

Investors prefer Southwest, says LCCI -

Friday, July 26, 2013

Fed Govt stops project variation beyond 15% of initial cost -

Thursday, July 25, 2013

Will this fresh initiative against cyber crime work?

Will this fresh initiative against cyber crime work?... NAIJA INTEL

Perhaps, one of the legacies Prof Cleopas Angaye would love to leave behind as helmsman of the National Information Technology Development Agency (NITDA) is the actualisation of the Public Key Infrastructure (PKI) designed to secure the country’s cyber space.

Angaye said if the nation is to achieve its Vision 20:2020, it must embrace the PKI initiative. The project, he said, would be founded by the public and private sectors. He added that PKI is the only framework that satisfies the privacy, authentication, integrity and non-repudiation (PAIN) principle of security.

“A PKI is a collection of security technologies, procedures and policies that collectively provide a framework for addressing, using cryptography, the fundamental security issues of privacy, authentication, integrity, non-repudiation and access control in data communication,” Angaye said.

He said PKI would lead to the creation of digital signatures, which provide evidence of “who did what to whom” that is critical to securing electronic transactions involving high legal risks or meeting compliance requirements. He added that when digital signatures are finally integrated into smartcards, the technology will be recognised as “the only practical solution to (eavesdropping and account hijacking) which is plaguing the country today.”

“Digital certificates can convey authority information like credentials, licenses and affiliations, among others, and digital signatures bind that authority information directly to messages to decentralise and greatly simplify transaction processing,” the former NITDA boss said.

He said digital signatures are persistent over both time and “distance” stressing that at any future time, a digitally signed transaction can be easily re-validated to prove where it originated from.

“The integrity of digitally signed data is not reduced by being copied or forwarded across systems or across borders.

“In contrast, other authentication technologies rely heavily upon audit logs to prove ‘who did what to whom’ therefore forwarding non-PKI transactions from one system to another complicates and dilutes the strength of the audit trail. So, KPI is uniquely suited to complex transaction environments where there might be multiple relying parties, structured data, formal authorisations and/or long lifetimes,” he explained.

Will this fresh initiative against cyber crime work?... NAIJA INTEL

Will this fresh initiative against cyber crime work?… NAIJA INTEL

The Central Bank of Nigeria (CBN) said when the PKI initiative is finally implemented, it will add a new vigour to ongoing reforms of the CBN under Sanusi Lamido Sanusi to encourage electronic forms of payment in line with the apex bank’s cahsless and financial inclusion strategies.

An Assistant Director, Information Technology Department, CBN, Segun Osunaike, said the initiative would boost electronic payment platform being promoted by the apex bank. He spoke on The Experience of the CBN on PKI in Lagos.

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IMAGES: www.letsrealize.wordpress.com / www.tx.english-ch.com

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