Nigeria’s former President Goodluck Jonathan signed the Cybercrime bill into law just two weeks to the end of his tenure. Analysts at Deloitte indicate that companies lose millions with each cyber-attack as trust by consumers gets eroded. There are talks being carried out of a rise in cyber security issues this year. Will Nigeria’s Cybercrime Bill protect the financial sector from such attacks? For this discussion CNBC Africa sits with Ayotunde Coker MD Rack Centre; Niyi Ajao, Executive Director; Technology at the Nigeria Inter-Bank Settlement System (NIBSS) and Yemi Saka, Partner; Advisory Service at Ernst & Young West Africa.