CYBERSECURITY MEASURES AND FINANCIAL MISMANAGEMENT PREVENTION IN SPORTS ORGANIZATIONS IN NIGERIA

Abstract

This study investigated cybersecurity measures and financial mismanagement prevention in sports organisations in Nigeria, focusing specifically on secure financial management software, access control and authentication mechanisms. This study adopted a quantitative research approach using a survey design. The population of the study comprised administrative personnel directly involved in financial and information management, sports administrators, accountants, finance officers, internal auditors, ICT and cybersecurity officers of sports organisations in Nigeria. A multi-stage sampling technique was used to select 150 respondents for the study. Data for the study were obtained through the use of a structured questionnaire. Data collected were analysed using inferential statistics of multiple regression analysis at a 0.05 level of significance. The empirical findings provide compelling evidence that cybersecurity measures significantly contribute to financial mismanagement prevention in sports administration contexts. The study conclude that cybersecurity measures should not be viewed merely as technical safeguards but as strategic governance tools that systematically reduce opportunities for financial mismanagement. The study recommended that sports organisations should prioritise the acquisition and implementation of secure financial management software with robust cybersecurity features, including encryption, automated audit trails, transaction verification protocols, and secure data storage.