Cybersecurity company DevSecFlow has introduced a cutting-edge security operations solution known as SECOYA, crafted to deliver smart, scalable, and effective cyber protection for financial entities and other strictly regulated sectors within the country.
This announcement came via a press release on Sunday, following an exclusive high-level breakfast meeting hosted by DevSecFlow on Wednesday, June 11, 2025, in Lagos.
Titled “Beyond Compliance: AI-Powered Resilience for Nigeria’s Financial Future”, the gathering drew top decision-makers from the fintech and cybersecurity landscapes to explore the evolution of digital threats and the pressing need for more agile, intelligent defense systems.
During the event, Francis Ofungwu, Chief Executive Officer of DevSecFlow, emphasized the importance of Nigeria’s cybersecurity landscape moving beyond just meeting regulatory benchmarks, advocating instead for adaptable, high-speed security ecosystems.
“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 said.
“It reduces manual workflows, provides 24/7 protection, and still requires human oversight and governance to ensure transparency and ethical safeguards.”
DevSecFlow noted that SECOYA was designed to optimize cybersecurity operations by integrating intelligence, transparency, and control. It tackles the mounting cyber risks facing Nigeria’s digital financial sector by embedding AI-driven protection directly into existing operational environments.
Co-founder Abdel Sy Fane explained that SECOYA emerged from the need to improve team coordination and accessibility to advanced security—especially for small businesses.
“We built SECOYA to solve the trust and collaboration gaps we kept seeing across tech teams. Real security does not just come from tools, it comes from understanding how people work and designing systems that elevate them without getting in the way,” Fane said.
“Our SecOps automation capabilities enable teams to focus on real threats, while SECOYA’s accessible design ensures that even small firms with limited resources can deploy high-impact security solutions at scale.”
The occasion also featured a thought-provoking panel discussion led by Ofungwu, which included insights from cybersecurity professionals working with key players in Nigeria’s fintech sector.
Panelists 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, Information Security Manager at Kuda MFB.
Onyejegbu highlighted a transformation within the sector—moving away from rigid, rule-based defenses toward more intelligent, AI-led threat detection tools—emphasizing the importance of integration within specific operational settings. Babajide underlined the need for incorporating proactive security strategies early in system development.
Oludele noted that artificial intelligence is improving security decisions in real-time, leading to better user experiences. Meanwhile, Iketubosin advocated for a shift in how human oversight is used—steering attention from repetitive tasks toward strategic governance to ensure accountability and system integrity.
In summary, the experts concurred that platforms like SECOYA can significantly enhance cybersecurity efficiency, shrink reaction times, and reinforce public trust in Nigeria’s growing and complex financial services industry.
