Home Business DevSecFlow Unveils AI-Powered SECOYA Platform to Bolster Cybersecurity for Nigeria’s Financial Sector

DevSecFlow Unveils AI-Powered SECOYA Platform to Bolster Cybersecurity for Nigeria’s Financial Sector

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L-R: IT, Information Systems and Security Manager, PalmPay, Paul Oludele; Senior Business Relationship Manager, Moniepoint, Ebuka Onyejegbu; Chief Executive Officer, DevSecFlow, Francis Ofungwu; Back-End Developer, Opay, Demi Babajide and Manager, Information Security, Kuda MFB, Sopriye Iketubosin during the Executive Breakfast for Cybersecurity Leaders held at The George Hotel, Ikoyi, Lagos.

DevSecFlow, a leading cybersecurity firm, has launched its advanced security operations platform, SECOYA, designed to provide intelligent, efficient, and scalable cyber defense solutions for financial institutions and highly regulated organizations in Nigeria. The announcement was made during an exclusive executive breakfast session recently hosted by the company in Lagos.

Themed “Beyond Compliance: AI-Powered Resilience for Nigeria’s Financial Future,” the event brought together senior stakeholders from the fintech and cybersecurity ecosystems to discuss evolving digital threats and the urgent need for smarter, adaptive security measures.

According to DevSecFlow’s Chief Executive Officer, Francis Ofungwu, Nigeria’s cybersecurity strategy must transcend regulatory compliance and focus on building intelligent systems capable of responding with speed, scale, and precision.

“The SECOYA platform handles critical cybersecurity functions such as threat hunting, incident response, and alert triage with greater accuracy and endurance than human analysts,” Ofungwu explained. “It reduces manual workflows, provides 24/7 protection, and incorporates human oversight to ensure transparency and ethical safeguards.”

SECOYA is engineered to streamline security operations through a blend of intelligence, clarity, and control. By embedding security seamlessly into existing workflows and leveraging artificial intelligence tailored to local operational contexts, the platform addresses the growing complexity of cyber threats facing Nigeria’s rapidly expanding digital economy.

Co-founder of DevSecFlow, Abdel Sy Fane, highlighted that SECOYA was developed to address trust and collaboration gaps often observed within tech teams while democratizing access to enterprise-grade protection for small and medium-sized enterprises (SMEs).

“We built SECOYA to solve the trust and collaboration gaps we kept seeing across tech teams,” Fane said. “Real security doesn’t just come from tools; it comes from understanding how people work and designing systems that elevate them without getting in the way.”

He added that SECOYA’s SecOps automation capabilities allow teams to focus on real threats, while its accessible design ensures that even smaller firms with limited resources can deploy high-impact security solutions at scale.

The event featured a panel discussion moderated by Ofungwu, with contributions from prominent cybersecurity leaders in Nigeria’s fintech sector. Participants included Ebuka Onyejegbu, Senior Business Relationship Manager at Moniepoint; Demi Babajide, Back-End Developer at OPay; Paul Oludele, Information Systems and Security Manager at PalmPay; and Sopriye Iketubosin, Manager of Information Security at Kuda MFB.

Ebuka Onyejegbu noted the industry’s shift from static rule-based systems to adaptive AI-powered threat detection, emphasizing the importance of contextual integration for effectiveness. Demi Babajide advocated for embedding prevention-first security frameworks during the design stage to mitigate vulnerabilities proactively.

Paul Oludele highlighted how AI enhances user experience by enabling real-time security decisions, while Sopriye Iketubosin called for rethinking human involvement in cybersecurity operations. “We need to shift focus from routine detection to governance and oversight to ensure systems are both effective and accountable,” Iketubosin stated.

Collectively, the panelists agreed that AI-driven cybersecurity platforms like SECOYA have the potential to dramatically improve operational efficiency, reduce response times, and strengthen digital trust in Nigeria’s increasingly complex financial services landscape.

With cyber threats becoming more sophisticated, SECOYA’s introduction marks a significant step toward bolstering Nigeria’s digital resilience and ensuring that financial institutions remain protected in an era of rapid technological advancement.

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