Wednesday, October 15, 2025 - The study also found key weak points around authentication controls (55 per cent), connected devices (48 per cent), legacy systems (45 per cent) and supply chain vulnerabilities (43 per cent), areas that attackers continue to exploit.
Consulting and Risk Services Leader at PwC Nigeria, Femi
Osinubi, said Nigerian organizations must take cybersecurity more seriously as
digital transformation deepens across sectors.“As organizations in Nigeria
advance on their digital transformation journey, the need for resilient
cybersecurity strategies has never been more critical,” Osinubi said. “AI
offers a powerful opportunity to strengthen defences, but success depends on
bridging the skills gap and integrating these tools into broader risk
frameworks.”
He added that Nigerian businesses should invest in AI-driven
cyber tools while upskilling local talent, noting that “combining technology
and human capability is key to protecting Nigeria’s digital economy and
infrastructure.”
According to PwC, nearly eight in ten organizations (78 per
cent) globally plan to increase their cybersecurity budgets in the next 12
months. Among their top priorities, AI investment leads with 36 per cent, ahead
of cloud security (34 per cent), network security (28 per cent) and data
protection (26 per cent).
However, spending more money does not necessarily translate
to stronger defences. About half (50 per cent) of respondents cited a lack of
knowledge in applying AI for cyber defence, while 41 per cent pointed to the
scarcity of skilled professionals as a major challenge.
Global Cybersecurity and Privacy Leader at PwC US, Sean
Joyce, described the current landscape as a “tipping point,” driven by rapid
digital interconnectivity and emerging threats. “The most successful organizations
are those where chief information security officers (CISOs) have a seat at the
table and cybersecurity is embedded in business decisions,” Joyce said.
“Resilience comes from foresight, not hindsight.”
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