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Home Economy Finance

LAPO Microfinance Bank hosts roundtable on cybersecurity in digital finance, pledges enhanced data protection

Peculiar Adirika by Peculiar Adirika
May 30, 2025
in Finance
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Oluremi Akande, Director of Marketing and Communications, LAPO Microfinance Bank

Oluremi Akande, Director of Marketing and Communications, LAPO Microfinance Bank

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At a LAPO Microfinance Bank media roundtable in Lagos, experts discussed safeguarding financial data, with LAPO emphasizing its commitment to cybersecurity, digital resilience, and ethical practices for public trust and data protection

LAPO Microfinance Bank sponsored a media Roundtable, May 29, 2025, at the Lagos Chamber of Commerce and Industry (LCCI), bringing together industry experts and top minds in finance, cybersecurity, and communications.

Also read: Dr. Shola Odutola honoured with excellence in finance WealthTech Award for contributions to global finance

The urgent need for safeguarding sensitive financial information in an increasingly digital world topped the agenda.

Oluremi Akande, Director of Marketing and Communications at LAPO Microfinance Bank, delivered the lead keynote address, underscoring the growing importance of cybersecurity within the financial sector.

During the media parley segment of the roundtable, Akande highlighted LAPO Microfinance Bank’s ongoing commitment to protecting client data and strengthening digital resilience.

In an after-event interview with journalists, he also touched upon initiatives for empowering and training ex-military personnel, and making cybersecurity an attractive career path for youth.

In today’s fast-evolving digital landscape, cybersecurity is no longer optional—it is essential.

Akande further emphasized the importance of character in creditworthiness and debunked stories alleging the use of strong-arm tactics by LAPO officials during debt recovery operations.

“In today’s fast-evolving digital landscape, cybersecurity is no longer optional—it is essential,” Akande stated.

“At LAPO Microfinance Bank, we are not only investing in the right technology but also in strategic media engagement. This will ensure that the core values of corporate social responsibility (CSR) are upheld, especially as they relate to public trust and data protection.”

Akande assured journalists and media stakeholders of increased collaboration and support from LAPO Microfinance Bank, with a focus on transparent communication, public education, and ethical practices in digital finance.

The roundtable featured high-level discussions on a range of critical topics, from data privacy regulations to the burgeoning role of artificial intelligence in financial fraud detection.

Held at the LCCI headquarters, located at 10 Dr. Nurudeen Olowopopo Way, Ikeja, Lagos, the event reaffirmed LAPO Microfinance Bank’s commitment to fostering inter-industry dialogue and promoting best practices within the digital financial ecosystem.

Also read: Moniepoint secures triple wins at Marketing Edge, MSME Finance awards

LAPO Microfinance Bank has been a significant contributor to Nigeria’s economic development through its unwavering commitment to financial inclusion, robust support for micro, small, and medium enterprises (MSMEs), and the empowerment of underserved communities.

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Peculiar Adirika
Peculiar Adirika

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