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IBM Committed to Accelerating Innovation in Nigeria- Otiti

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Taiwo Otiti, International Business Machines (IBM) West Africa country general manager has reiterated the Corporation’s commitment to the provision of mechanisms and architecture for the acceleration of businesses in Nigeria.

Speaking to Nigeria CommunicationsWeek in his office, Otiti said that IBM demonstrated its readiness to help both private and public institutions in the country galvanize their operations by expanding its operations across Africa with the opening of an IBM Innovation Centre in Lagos, Nigeria.

The facility launched in earlier in the year, he said, was designed to accelerate innovation for Nigerian and West African business and IT skills.

He re-emphasized that using the centre, clients, IT partners, developers, entrepreneurs, venture capitalists and academics can now access enhanced cloud capabilities and extensive big data and analytics resources.

According to IBM, adoption of cloud technology in Africa has reached a tipping point and in Nigeria alone, cloud usage is expected to more than double to 80 percent of businesses in the next year.

In addition, the growing proliferation of mobile phones and tablets is accelerating the opportunity to interpret data patterns to anticipate needs and deliver improved services.

As the local demand for these types of technologies and skills increases, Africa is quickly moving to the center of global attention as the last big emerging market of the current economic era. 

For instance, the International Monetary Fund (IMF) reported that Sub Saharan Africa is set to be the world’s second fastest growing region with projected economic growth of over six percent this year.To take advantage of this explosive growth, the new centre will focus on providing solutions that use Big Data & Analytics and cloud technologies to solve key local challenges such as improving government services, digitising banking services and enhancing customer centricity in telecommunications.

During the facility launch, IBM said that clients will be able to participate in virtual and in-person training, test out new products, network with peers from around the world, and receive mentoring and guidance from IT and business experts.

For example, the centre will provide clients hands-on access to cloud-based industry solutions such as IBM Intelligent Operations designed to provide cities, governments and utilities with a central command center for the use of predictive analytics to enhance efficiency and manage all their operations.

Speaking further on the development, Otiti said, “Our investment in this centre is in line with our strategy to help fuel growth in Nigeria’s IT sector and to support the use of advanced technology service delivery for the public sector and commercial business growth, particularly expansion in West Africa.

“IBM Innovation Centres are designed to help clients envisage their future, illustrated using IBM Social, Mobile, Analytics and Cloud solutions, combined with industry focused experience and expertise. Through this centre, we will bring the reach of IBM’s global capabilities and thought leadership closer to local and regional clients.”

He said the test and demonstration environment is already serving to cut the costs and complexity of assessing IT solutions, but will also assist CIOs in presenting strong business cases for advanced technology adoption.

The company is already working with the Union for International Cancer Control (UICC) to create the world’s largest and most comprehensive clinical dataset on cancer patients by building cancer registries in developing nations, beginning in Sub-Saharan Africa.

Victor Hammond, managing director of Lagos-based Bankers Warehouse Ltd, a non-bank financial services institution and Nigeria’s leading cash management and cash-in-transit service provider while speaking on the innovation facility once said, “Innovation has become a key driver of positive change in developed economies, and IBM has blazed the trail once again in this market with its new Innovation centre,”

“I foresee this facility becoming a key driver of technology innovation in Nigeria, helping to promote the culture of knowledge incubation and scientific enquiry in all sectors of the national economy.”

IBM has been operating in Africa since the 1930’s, and today has a direct presence in more than 20 African countries, including: Nigeria, Tanzania, Senegal, South Africa, Morocco, Egypt, Tunisia, Algeria, Ghana, Nigeria, Kenya, and Mauritius.

IBM plans to continue strengthening this network with more new facilities, offerings and partnerships in the next few years.

The new centre joins a worldwide network of over 41 other IBM Innovation Centers in 33 countries including South Africa and Kenya. Through this network, IBM connects local companies and entrepreneurs with technical and industry experts around the world and can support growth with introductions into new markets.

 

 


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Kaspersky Reveals Half of Dark Web Exploit Listings Target Zero-day Vulnerabilities

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Between January 2023 and September 2024, Kaspersky Digital Footprint Intelligence experts identified 547 listings to buy and sell exploits targeting software vulnerabilities.

These advertisements are posted on various dark web forums and shadow Telegram channels, with half involving zero-day and one-day vulnerabilities.

However, it is difficult to confirm whether these exploits are functional, as the dark market is rife with scams. Additionally, Kaspersky found that, on average, the cost of exploits for remote code execution vulnerabilities amounted to $100,000.

Exploits are tools used by cybercriminals to take advantage of vulnerabilities in various software programs, like those from Microsoft, to commit illegal activities, such as gaining unauthorised access or stealing data.

More than half of the dark web posts (51%) offered or sought to purchase exploits for zero-day or one-day vulnerabilities. Zero-day exploits target undiscovered vulnerabilities that software vendors have not identified and patched yet, while one-day exploits focus on systems that do not have the patch installed.

“Exploits can target any program, but the most desirable and expensive ones often focus on enterprise-level software. These tools enable cybercriminals to carry out attacks, which equate to substantial gains for them, such as stealing corporate information or spying on an organisation undetected.

However, some exploit offers on the dark web may be fake or incomplete, meaning they don’t function as advertised. Additionally, a significant portion of transactions are likely to occur in private.

These two factors complicate the assessment of the actual market volume for functional exploits,” explains Anna Pavlovskaya, Senior Analyst at Kaspersky Digital Footprint Intelligence.

The dark web market offers a wide array of different types of exploits. Two of the most widespread are those for RCE (Remote Code Execution) and LPE (Local Privilege Escalation) vulnerabilities.

According to an analysis of over 20 listings, the average price for RCE exploits is around $100,000, while LPE exploits typically cost about $60,000. RCE vulnerabilities are considered more dangerous, as they allow attackers to take control of a system or its components, or confidential data.

Dark web listings for buying and selling exploits, 2023-2024, where some offers can be repetitive. Source: Kaspersky Digital Footprint Intelligence

This year, the peak level in exploit sales and purchases occurred in May, with 50 relevant posts, compared to an average of about 26 per month in the period surrounding the surge. “Peaks in the exploit market’s activity are unpredictable and hard to link to specific events.

“Interestingly, in May, the dark web witnessed the sale of one of the most expensive exploits during the analysed period – allegedly, for a Microsoft Outlook zero-day vulnerability priced at nearly two million US dollars,” elaborates Anna Pavlovskaya.

“Overall, the exploit market remains stable; while activity fluctuates, the threat is always present. This highlights the need for cybersecurity hygiene practices, such as the regular patching and monitoring of digital assets on the dark web.”

 


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Spotify Launches Offline Backup for Premium Users

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Spotify Premium users no longer need to suffer in silence when they’re offline and have forgotten to download tracks or playlists in advance.

The streaming music company says it’s adding an Offline Backup feature that’ll automatically display a playlist of available tracks that can be played offline even if they weren’t manually downloaded.

The feature will start rolling out this week on iOS and Android apps, and will work with Android Auto and Apple CarPlay, according to Spotify.

The company noted that the feature might be useful for people who are boarding a flight with no internet connection and realize they haven’t downloaded any music in advance.

Spotify says the playlist will be generated from tracks that are already in the user’s data cache, so it presumably wouldn’t take up additional storage space on a mobile device.

The playlist will show up when a user is offline, and can be filtered and sorted by artist, mood and genre.

The Offline Backup playlist changes over time and can be added to the user’s library for easy access.

The number of tracks in the playlist will vary based on how frequently subscribers use Spotify. Some Offline Backup playlists will contain hours of music.

Though the Offline Backup playlist hasn’t shown up yet on the Spotify Home feed on my iOS device, an option in settings for “Offline listening” under Storage was enabled by default.

Users have the option to remove downloads or clear their cache, but that could disrupt the playlist.

In order for offline listening to work, Spotify said, users should’ve listened to at least five songs recently.


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A Review of SanDisk Dual Drive Luxe USB Type-C Flash Drive

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The SanDisk Dual Drive Luxe USB Type-C is a versatile and stylish storage solution that caters to users looking for a practical way to transfer and store data across multiple devices. SanDisk, known for its reliable storage products, delivers a sleek dual drive that combines functionality with durability.

Key Features

  1. Dual Connector (USB Type-C & USB Type-A):

One of the standout features of this drive is its dual interface, which allows you to transfer files between devices with both USB Type-C and USB Type-A ports. This is perfect for those who switch between newer laptops or phones with USB-C and older machines or peripherals that rely on USB-A.

  1. Fast Transfer Speeds:

With the USB 3.1 Gen 1 technology, the Dual Drive Luxe offers fast file transfer speeds, with read speeds of up to 150MB/s. Whether you’re transferring large video files or backing up important documents, the speed ensures a smooth and efficient experience.

  1. Ample Storage Options:

The drive comes in various storage capacities, ranging from 32GB up to 1TB, making it suitable for different needs. Whether you are a casual user storing simple documents or a content creator managing large media files, there’s an option that will suit your requirements.

  1. Durable and Compact Design:

The all-metal, polished finish adds an element of elegance while making the drive durable enough for daily use. The capless swivel design also protects the connectors when not in use and ensures portability without worrying about losing parts.

Performance:

In real-world usage, the SanDisk Dual Drive Luxe performs exceptionally well, particularly when transferring large media files such as 4K videos or high-resolution images. The transfer speeds hold up as advertised when connected to a USB 3.1 port.

However, using the drive with older USB 2.0 ports will see a drop in speed, but that’s to be expected with legacy technology.

Switching between USB Type-C and USB Type-A is seamless, making it a perfect companion for professionals on the go, students, or media creators who need to transfer files between devices regularly.

Pros:

– Dual USB Type-C and USB Type-A support.

– Fast read and write speeds (up to 150MB/s).

– Durable, all-metal design.

– Available in large storage capacities (up to 1TB).

– Compact and portable.

Cons:

– It may heat up slightly during extended use, though not excessively.

Verdict:

The SanDisk Dual Drive Luxe USB Type-C is an excellent choice for anyone who frequently transfers data between devices. Its dual connectivity, speed, and storage options make it a practical and efficient solution for both professionals and casual users alike. The design is both stylish and reliable without compromising the nature of being portable.


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