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SiBAN Set to Hold Maiden P2P Conference, August 6

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Stakeholders in Blockchain Association of Nigeria (SiBAN) will be holding its inaugural Peer-to-Peer (P2P) Conference on the 6th of August, 2022 at the Civic Centre, Victoria Island, Lagos.

Speaking recently to the media on the upcoming event, the President of SiBAN, Mr. Senator Ihenyen disclosed that the conference which will be a hybrid event is part of the association’s commitment to educating users and members of the public about blockchain technology, promoting its adoption by both private and public bodies, ensuring consumer protection and helping them safeguard against scams, while also working with regulators to help maximize the untapped potentials of blockchain technology.

“Blockchain is one of the biggest opportunities for Africa in the 4th Industrial Age. Nigeria is Africa’s biggest country and one of the biggest players on the globe. We understand the challenges in this ecosystem as well as opportunities for Nigerians.

“That is why we have lineup a rich crop of experienced and successful leaders in this space to speak on the theme, ‘CeFi, DeFi & TradFi: is there a need for Convergence in the Current Divergence,’” Ihenyen said.

“With this P2P Conference 2022 theme, we wish to have an open conversation about the emergence of blockchain technology, its application across the spectrum of CeFi, DeFi, and TradFi, and consider whether a convergence of these three is the better way to go for both innovators and regulators,” he explained.

 


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E-Business

TD Africa Dangles Discounts on Mercury Inverters

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In response to Nigeria’s epileptic power supply and the need for a cost-effective back-up, TD Africa, the authorised distributor of Mercury Inverters on the continent, is encouraging Nigerians to take control of their power needs with a discounted offer on all Mercury inverters.

This offer will not only reduce overdependence on the exorbitant fuel-powered generating option widely used, but also offer a seamless and uninterrupted power supply while cutting operational cost by more than 50%.

“Mercury Inverters are a game-changer for Nigerians seeking to overcome the challenges of frequent power outages,” said Toyin Adeniji, TD Africa’s Business Manager for Mercury Inverters.

According to her, the inverters exceptional performance, durability, and affordability, makes it a reliable and sustainable solution that can enhance both personal and business productivity.

TD Africa’s move to discount these Inverters will make the product accessible to more  Nigerians, providing an affordable and reliable power backup option that promises to improve the overall quality of life for individuals and businesses.

The inverters which come in 10KVA and 7.5KVA with a 120V, also contribute to environmental sustainability by minimizing carbon emissions.

While this discounted offer is for a limited time, how to take advantage of this offer can be obtained at  [email protected].

 


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FG to Train 5, 000 Data Protection Officers

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Federal government has granted the Institute of Information Management permission to conduct examinations and certify data protection specialists on a local level.

FG to Train 5, 000 Data Protection Officers

As the demand for data management grows throughout Africa, Nigeria’s Federal Ministry of Youth Development has signed a Memorandum of Understanding (MoU) with the Nigeria Data Protection Commission (NDPC) to train 5,000 Nigerian youths to become data protection specialists.

The agreement is part of the NDPC’s ambition to create 10,123 data management related jobs in Nigeria.

Dr. Vincent Olatunji, CEO of the NDPC, stressed the growing demand for data protection officers in Nigeria during the signing event.

He stated that there are a large number of data controllers in the country, each of which must have at least one data protection officer.

According to the government, young people can now pursue data management careers and fill expected new roles in the ecosystem.

Olatunji also stated that the NDPC has granted the Institute of Information Management permission to conduct examinations and certify data protection specialists on a local level.

He stated that the goal of this move is to improve local knowledge while also reducing the foreign exchange expenses connected with international training.

“In addition, the certification provided by our in-country body will carry global recognition, ensuring our professionals are competitive on the international stage,” he explained.


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Kaspersky Warns that Scammers Hide Phishing Links behind Images

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At the end of August, Kaspersky experts discovered a phishing campaign with an unusual attack vector – through an image. This scam targeted organisations in the fields of online retail, distribution, transportation, and logistics. The cyber attackers aimed to steal corporate email credentials from potential victims.

Within the phishing scheme, the cyber attackers send emails in English, allegedly on behalf of a South Korean company. Pretending to be employees of this organisation, the cybercriminals email about sending instructions to their bank for transferring a payment.

They ask potential victims to check the details in the scanned document, which is added to the body of the letter. According to the legend, this must be done quickly in order to receive payment as soon as possible.

“The image in these phishing emails is poorly visible – this is what the attackers are counting on. Even if a person does not expect an email, he may be interested in looking at the details. However, in reality, the image hides a phishing link.

If the users click on the scan, they will be redirected to a fake resource that mimics a file sharing service from Adobe. There, they will be asked to enter the credentials for a corporate email account to gain access to the document.

However, this should never be done, otherwise this information will go to the cybercriminals,” comments Roman Dedenok, a cybersecurity expert at Kaspersky.

To avoid becoming a victim of such phishing attacks, Kaspersky recommends that users do not trust emails from unknown mailboxes, especially when it comes to confidential data, financial transactions and suspicious attachments, even if it visually looks like the email came from an organisation with a good reputation.

Kaspersky also recommends that companies install a reliable security solution that will automatically send such emails to spam, such as Kaspersky Secure Mail Gateway, and also regularly conduct cybersecurity training for employees, teaching them how to recognise social engineering techniques, for example, using the Kaspersky Automated Security Awareness Platform.

 


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