Pan African Bank, Cybervergent Collaborate to Enhance Cybersecurity Resilience

In response to the escalating threat posed by Distributed Denial-of-Service (DDoS) and other cyber attacks, Nigerian Pan African Bank has forged a strategic alliance with Cybervergent, a foremost technology company, to enhance the bank’s cybersecurity resilience.

The partnership is coming at a time when businesses are grappling with the persistent menace of cyber threats that disrupt operations and threaten the integrity of sensitive financial data.

The collaboration with the bank, which has footprints in 20 countries across the continent, aims to fortify its cybersecurity resilience while bolstering the integrity of its programmes and operations. By leveraging Cybervergent’s cutting-edge cybersecurity expertise, the bank seeks to safeguard critical financial information and uphold the digital trust of its diverse customer base.

Recent reports indicating a staggering 300 per cent surge in DDoS attacks across Africa underscore the urgent need for enhanced digital protection measures. Of particular concern is the escalating frequency of cyber assaults targeting financial institutions globally, necessitating swift and decisive action to mitigate risks and ensure uninterrupted service delivery.

Speaking about the collaboration, CEO of Cybervergent, Adetokunbo Omotosho, emphasised the pivotal role of proactive cybersecurity measures in safeguarding businesses in today’s digital landscape. He underscored the significance of the partnership.

According to Omotosho, “This collaboration signifies a decisive action in addressing the escalating cyber threats faced by businesses across Africa, particularly in the financial sector. By harnessing Cybervergent’s advanced cybersecurity solutions, we empower Africa’s leading corporations to navigate the digital realm with confidence, safeguarding critical financial data and delivering seamless customer experiences.”

In response to cybersecurity challenges, Cybervergent offers a comprehensive anti-DDoS solution designed to proactively detect and neutralise malicious traffic floods on networks and servers. Its advanced system will safeguard the bank’s infrastructure and ensures seamless functionality of financial transactions, thereby preserving customer trust and confidence, Omotosho further said.