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MTN, Katsina State Partner to Launch Animal Identification Management Solution

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MTN Nigeria, has recently partnered with Katsina State Government to officially launched the Animal Identification Management Solution (AIMS) at the Runka Game Reserve.

 
The launch followed extensive consultations and live demonstrations conducted with leaders and members of the Miyetti Allah Cattle Breeders Association (MACBAN) in key Northern states of Kano, Katsina and Kaduna.
Alhaji Aminu Bello Masari,Governor of Katsina State,Speaking during the launch, said that “The Katsina state government ventured into this project taking into accounts the call by the Federal Government for the diversification of the economy to the agricultural sector.
 
“Kastina state is privileged to partner with MTN Nigeria in the wake of security challenges occasioned by cattle rustling and other worrisome vices to launch this eye opening innovation.
 
I want to inform this gathering that our effort to accommodate this proposal been supported by MTN is consistent with the World Organization for Annual Health.
 
“I therefore call on my colleagues, the executive governors of states in the North West and East to take clue from our initiative so that together we will prevent the movement of cattle rustling in our respective states.”

 

The MTN AIMS solution utilizes micro-chips, about the size of a grain of rice, embedded in each animal. These chips use passive RFID (Radio Frequency Identification) technology, allowing law enforcement agents, veterinarians, owners, sellers, transporters and other relevant parties easily determine the ownership and origins of animals using handheld scanners and a short code.

 

 

This has multiple uses including point of sales validation of animal ownership and the identification of owners of lost or stolen pets and livestock, which will discourage cattle rustling. In addition,
 
it will facilitate disease surveillance and control, as well as livestock identification, which is required for international beef export.

 

Tobechukwu Okigbo,Corporate Relations Executive MTN Nigeria ,expressed delight at the successful collaboration saying “This partnership further demonstrates MTN’s long term commitment to working with government in identifying and deploying innovative solutions designed to tackle broader societal challenges and improve the way our customers work, play and live.”

 

 

With its extensive investment in infrastructure and a focus on innovation, MTN continues to deploy new and flexible services, and transformational solutions, tailor-made to address peculiar business needs.

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E-Business

IBM Study Unveils Hidden Costs of Data Breach

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IBM Security has released a global study examining the full financial impact of a data breach on a company’s bottom line.

The study found that hidden costs in data breaches — e.g., lost business, negative impact on reputation and employee time spent on recovery — can be a huge factor. In a “mega breach” of 1 million or more records, one-third of the cost derived from lost business.

And the cost is on the rise; since the 2017 report, the average cost of a data breach globally has increased 6.4 percent, to $3.86 million, according to IBM. The number of mega breaches is also up — from nine in 2013 to 16 in 2017.

The study, sponsored by IBM and conducted by Ponemon Institute, also reveals that:

– Average cost of a data breach involving 1 million records is nearly $40 million.

– Estimated cost of a breach involving 50 million records is $350 million.

– Average time to detect and contain a mega breach (365 days) is 99 days longer than for a smaller-scale breach.

– In a mega breach, the greatest cost is from lost business, estimated at nearly $118 million for a breach of 50 million records.

A major factor in lost business cost is customer turnover — a recent IBM/Harris poll found that 75 percent of consumers in the U.S. say that they will not do business with companies that they do not trust to protect their data.

“The truth is there are many hidden expenses which must be taken into account, such as reputational damage, customer turnover, and operational costs,” said Wendi Whitmore, global lead for IBM X-Force incident response and intelligence services. “Knowing where the costs lie and how to reduce them can help companies invest their resources more strategically and lower the huge financial risks at stake.”

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Global Accelerex Trains Nigerian Security Agencies on Cyber Crime

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Global Accelerex Limited, a Central Bank of Nigeria-licenced Payment Terminal Service Provider and Payment Solution Service Provider, as part of its Corporate Social Responsibility Program, is set to train members of Nigeria’s Security Agencies on Cybercrime.

The event, which will hold on July 25, 2018 at Ladi Kwali Conference Center, Sheraton Hotel, Abuja, will enrich participants’ knowledge of the cyberspace and increase their versatility in dealing with on-line crime.

This collaboration, first of its kind in the e-payment industry, is borne out of the company’s desire to rid the nation of cyber criminals who continue to bring the country’s name into disrepute.

In addition to learning about cyber vulnerability, attendees will also learn about insider threats and sophisticated cyber adversaries.

The forum will host more than 30 participants including officials of the Nigerian Police, Nigerian Armed Forces, Economic and Financial Crimes Commission, Independent Corrupt Practices Commission, State Security Service, National Intelligence Agency and National Drug Law Enforcement Agency.

Others are Nigerian Security and Civil Defence Corps, Defence Intelligence Agency and Nigerian Custom Service.

“We applaud the effort of the Nigerian government in combating cybercrime and securing lives and property in the country. Global Accelerex is driven to compliment this effort to ensure that Nigeria is rid of these miscreants so that citizens can enjoy the cyberspace with the peace of mind they deserve.

It is absolutely critical that we support security operations so that Nigerians can use the internet freely, which is why this training is vital”, stated Stanley Peters, Chief Technology Officer of the company.

The National Security Adviser commends the initiative by Global Accelerex, saying that the move will definitely impact positively on the officers and the nation in general.

He added that continuous training is critical to stay ahead of criminals even as he revealed that attendees have shown a high level of enthusiasm at this unique opportunity.

Keynote speakers that will bring their experience to bear are Mr. Tahmeed Rab, Co-Founder and Managing Partner of Kaizen Solutions Group, Baltimore, USA and Mr. Peter Obadare, Co-Founder and Chief Operating Officer of Digital Encode.

Both experts are acclaimed for their ground-breaking achievements in cyber security, risk and compliance, mobile forensics, network and system consulting.

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Africa.com Acquires iAfrica

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Media holding company Africa.com has today announced its acquisition of Primedia and MTN-owned news portal, iAfrica.com. The terms of the agreement were not disclosed.

In a statement, Africa.com says the acquisition builds on the company’s strength in running the news Web site and the business publisher’s network, a group of nearly fifty business content publishers on the continent who have joined Africa.com to create a digital audience of over 15 million influential business people.

Africa.com chairman and CEO, Teresa Clarke, will serve as executive editor of iAfrica.

“The acquisition of iAfrica creates a next generation South African media platform with a global reach,” says Clarke. “By acquiring iAfrica, we are able to combine editorial, technology, and marketing resources, bringing the benefits of more original content and better site performance to readers of both iAfrica and Africa.com.”

Laura Joseph Africa.com’s MD, adds: “We are fusing a legendary African news portal with an innovative and dynamic management team under one umbrella. With combined resources, we will continue to make each site better and better.”

According to the statement, Africa.com has already started its re-branding of the iAfrica.com news portal.

“Africa.com is known for its creative content in the form of slideshows, videos, and infographics, and we will bring these content forms to iAfrica,” notes Debra Winter, COO of Africa.com.

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