Nigeria Cyber Security Market (2020-2026) | Share, Size, Forecast & 6Wresearch
Nigeria Cyber Security Market size is anticipated to witness substantial growth over the coming years owing to the growth of cyber-crimes in the country that can be attributed to factors such as emergences of modern telecommunication systems and broadband technologies. Although, Nigeria has specific laws and provisions namely: Cybercrimes (Prohibition, Prevention, Etc) Act 2015, Data Protection Regulation 2019 to deal with cyber-warfare, cyber-terrorism, and cyber-espionage, still, the country faces huge economic and financial losses due to cybercrimes. Moreover, there are certain other general laws that provide secondary aid to financial crimes which happens in cyberspace. So, these efforts done by the Nigerian government has supported the security of critical infrastructure across various public and private sectors namely ICT, banking & financial institutes, thereby providing steady growth to cyber security market across the country. However, due to the spread of COVID 19 i...