Cybersecurity firm DevSecFlow has unveiled its advanced security operations platform, SECOYA, designed to offer intelligent, efficient, and scalable cyber defence capabilities for financial institutions and highly regulated organisations across the country.
The disclosure was made on Sunday in a statement, following an exclusive executive breakfast session hosted by the company on Wednesday, June 11, 2025, in Lagos.
The event, themed “Beyond Compliance: AI-Powered Resilience for Nigeria’s Financial Future”, brought together senior stakeholders from the fintech and cybersecurity ecosystems to deliberate on evolving digital threats and the need for smarter security responses.
Chief Executive Officer of DevSecFlow, Francis Ofungwu, said Nigeria’s cybersecurity future must go beyond regulatory compliance and focus on creating intelligent systems that respond 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 said.
“It reduces manual workflows, provides 24/7 protection, and still requires human oversight and governance to ensure transparency and ethical safeguards.”
According to the company, SECOYA is built to streamline security operations through a blend of intelligence, clarity, and control. The platform aims to address the growing complexity of cyber threats facing Nigeria’s digital economy by embedding security seamlessly into existing workflows and powering it with artificial intelligence tailored to local operational contexts.
Co-founder, DevSecFlow, Abdel Sy Fane, said SECOYA was developed to close trust and collaboration gaps often observed in tech teams and to provide SMEs with access to enterprise-grade protection.
“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 session also featured a panel discussion moderated by Ofungwu, bringing together cybersecurity leaders from leading Nigerian fintech firms, including Senior Business Relationship Manager, Moniepoint, Ebuka Onyejegbu; Back-End Developer, OPay, Demi Babajide; Information Systems and Security Manager, PalmPay, Paul Oludele; and Manager, Information Security, Kuda MFB, Sopriye Iketubosin.
Senior Business Relationship Manager, Moniepoint, Ebuka Onyejegbu, noted the industry’s shift from static rule-based systems to more adaptive AI-powered threat detection, adding that effectiveness depends on contextual integration. Back-End Developer at OPay, Demi Babajide, emphasised the value of embedding prevention-first security frameworks from the design stage.
Information Systems and Security Manager, PalmPay, Paul Oludele, highlighted how AI is enhancing the user experience by improving real-time security decisions, while Manager, Information Security, Kuda MFB, Sopriye Iketubosin, called for a rethinking of human involvement, shifting focus from routine detection to governance and oversight to ensure systems are both effective and accountable.
Collectively, the stakeholders agreed that AI-driven cybersecurity systems like SECOYA can dramatically improve operational efficiency, reduce response times, and strengthen overall digital trust, especially in Nigeria’s increasingly complex financial services landscape.
