CYBER SECURITY AND LATEST DEVELOPMENT: TOWARDS EFFECTIVE GLOBAL REGULATION AND GOVERNANCE IN CYBERSPACE

Abstract

Cyber  security  attacks  are  constantly  evolving  and  becoming  increasingly  damaging.  Cyber  security  is  a  complex transnational issue that requires global cooperation for ensuring safe internet. Cybercrime is the greatest threat to every  individual  and  or  company  in  the  world.  As  cybercrime  become  more  lucrative  and  cybercriminals  become smarter, cyber security too will have to be intelligence driven, enabling a swift response to the advance attacks. This paper is aimed at performing a critical scrutiny of thepurpose of cyber security regulation in Nigeria and globally. This  paper  focuses  on  the  main  challenge  in  managing  cyber  security  and  undertakes  a  comparative  study  of  the legal framework of cyber security in some other selected jurisdictions. The paper aims at analysing the efficacy or otherwise of the extant Nigerian statutory framework in relation to those of other jurisdictions. The paper makes a case for an effective and comprehensive body of legislation to deal with the precarious position of cyber security in Nigeria.