E-Business
Experts Seek More Investments in Cloud Computing to Drive Adoption
Experts in the field of technology have called for fresh investments to drive the adoption of cloud computing in Nigeria.
This is even as they stressed that Cloud computing has the potential to accelerate growth of the about 41 million small and medium scale enterprises (SMEs) in the country, and even enable rapid governance on the part of government.
Gathered virtually at a webinar hosted by CyberCloud, an indigenous service provider, with the theme: “The New Normal: Future of Cloud Computing in Nigeria post COVID19,” the experts submitted that with coronavirus pandemic still raging, companies must device means to continue to serve their customers adequately.
To them, one clear cut platform this can be achieved is through cloud computing.
As such, at the webinar, which had over 700 attendees from far and wide, the importance of fresh investment in the sub-sector was emphazised.
Those in attendance include the Director General, NITDA, Kashifu Inuwa; MD, RackCentre, Ayotunde Coker, Partner Technology Advisory, KPMG, John Anyanwu, Collins Osugo- CIO; First City Monument Bank and Bar. Kasim Sodangi- National Coordinator; NITDA.
They were hosted by Laurel Onumonu, Head CyberCloud Business in Conjunction with Joe Onwubuya- MD; Cyberspace Limited, Dave Funnell- VMware Senior Manager Cloud Business.
According to Coker, Cloud Computing are services that you consume over the internet, regardless of its location. It’s a service you can subscribe to and consume as you require, you scale as you grow and you pay as you go.
He further stated that CyberCloud and Rack center have the capacity to provide all cloud services needed by the government, corporate bodies and individuals.
Speaking on the development, Anyanwu said Cloud services have always been a part of our lives without us knowing it.
Anyanwu said several people have been using the likes of Google Mail, Yahoo, and so many services that are in the cloud and “we have been enjoying these services for our personal lives without even knowing what we are using.”
He further said ‘’Cloud gives a huge opportunity for us to facilitate innovation with low capital investment.”
Dissecting how Cloud Services are utilized by the government, Sodangi said as far back as 2013, NITDA issued a guideline for National Content Development in IT. According to him, one of the guidelines specifically speaks to the retention and domestication of Data Services of the government needs rising from the operation of government and data that is owned by government must be hosted locally.
He further stated that ‘’Cloud services will sufficiently improve how services are delivered in Nigeria and change the face of the public sector if it is understood and implemented as it ought to be’’.
Catering to the aspect of a Cloud end user, Osugo stated that ‘’Banks have been in the forefront of Cloud Computing’’.
However, he said for banks to have the confidence to host and work with local providers, there are certain criterias that need to be met.
He further stated ‘’Once the government plays its significant role in making sure adequate infrastructures are in place and the enterprenuised, i.e KPMG, VMware accesses the risk and ensure that the skills required to manage these services are also in place, then the sky’s the limit.
Funnell on his part, said ‘’Interrogate your cloud provider because not all cloud providers are equal and can deliver the services you require. However, the certification Vmware provides Cybercloud should help build the element of trust and trust is key because Cloud Computing is the way to accelerate a business’’.
He further said that Cloud is an enabler to fast forward to the future and working with a cloud provider that is reputable can really enable your business.
From his perspective, the MD, Cyberspace Limited, concluded by urging the attendees to subscribe to the flexible services that CyberCloud has to offer.
Onwubuya said: “Cybercloud can accommodate both the small businesses and big enterprises and can assure you that based on the policies from NITDA, we continue to run a very secure system.”
Bringing the session to a close, Onumonu, highlighted the offerings of Cybercloud and encouraged all the participants to contact the firm via its social media platforms for answers to the questions unattended to.
The Head, CyberCloud Limited, further stated “We urge you to watch out for more series on Cloud Computing and what it has to offer.”
E-Business
Kaspersky Contributes to Joint INTERPOL-AFRIPOL Operation Combating Cybercrime Across Africa
Kaspersky has recently assisted its partner law enforcement agencies INTERPOL and AFRIPOL in a joint effort to disrupt cybercrime across the African region.
Dubbed “Serengeti,” the operation has led to the arrest of more than 1,000 individuals suspected of links to cybercrimes such as ransomware operation and business email compromise (BEC) attacks, resulting in nearly US $193 million in financial losses worldwide.
As Africa is going through a rapid digitisation, the threat of cybercrime on the continent is also escalating. In the African region in general and West Africa in particular, ransomware emerges as one of the most prominent attack vectors, targeting critical infrastructure, financial institutions, and manufacturing facilities, among others.
During the first 10 months of 2024, ransomware detections in West Africa surged by 36% year-on-year, according to Kaspersky data. Other noticeable cyberthreats targeting users and organisations in the region include spyware and password stealers.
Conducted from September 2 to October 31, operation Serengeti dismantled 134,089 malicious infrastructures and networks linked to cybercrimes including ransomware operations, BEC attacks, digital extortion and online scams — all identified as prominent threats in INTERPOL’s 2024 Africa Cyber Threat Assessment Report.
Kaspersky has contributed to the operation by sharing information on threat actors, data on ransomware attacks and malware targeting the region, as well as up-to-date indicators of compromise (IoCs) for malicious infrastructure across Africa.
Among the malware targeting African countries was also a well-known Brazilian banking trojan Grandoreiro – Kaspersky recently released new findings on this trojan at its Security Analyst Summit. Additionally, ransomware families detected in attacks on African organisations among others included LockBit, Rhysida, and Medusa.
The operation has also resulted in the identification of more than 35,000 victims of cyber offenses investigated.
Valdecy Urquiza, Secretary General of INTERPOL, said: “From multi-level marketing scams to credit card fraud on an industrial scale, the increasing volume and sophistication of cybercrime attacks is of serious concern.
Operation Serengeti shows what we can achieve by working together, and these arrests alone will save countless potential future victims from real personal and financial pain. We know that this is just the tip of the iceberg, which is why we will continue targeting these criminal groups worldwide.”
Ambassador Jalel Chelba, AFRIPOL’s Acting Executive Director said: “Through Serengeti, AFRIPOL has significantly enhanced support for law enforcement in African Union Member States. We’ve facilitated key arrests and deepened insights into cybercrime trends. Our focus now includes emerging threats like AI-driven malware and advanced attack techniques.”
“We are proud to contribute to this multi-stakeholder operation orchestrated by INTERPOL and AFRIPOL,” comments Yuliya Shlychkova, Vice President, Global Public Affairs, Kaspersky. “The emerging dynamics of the threat landscape in Africa requires a stronger regional dialogue on mitigating acute cybersecurity risks.
Kaspersky firmly supports INTERPOL’s and AFRIPOL’s efforts to prevent and disrupt cybercrime attacks across Africa and shares the holistic approach towards creating a more cyber-resilient environment within the continent.”
Thanks to the cooperation with INTERPOL and AFRIPOL, Kaspersky has been an active contributor to fostering a more cyber-savvy environment in the African region.
In addition to the vast record of joint operations in Africa, with the latest being INTERPOL-led operation Synergia II, Kaspersky has recently sealed a five-year cooperation agreement with AFRIPOL to further strengthen its role in creating a more cybersafe climate on the continent by sharing Kaspersky’s extensive data on local cyberthreats and cybercrime trends with the organisation.
E-Business
NITDA Alerts Nigerians on Cybersecurity Risks Linked to Spotify
National Information Technology Development Agency (NITDA) has issued a public alert warning Nigerians about a cybersecurity threat involving the use of Spotify to promote malicious activities.
The agency, in a public notice issued on Tuesday, disclosed that threat actors are exploiting the popular music streaming platform to advertise game hacks, pirated software, and spam links that could expose users to cyber threats.
According to NITDA, cybercriminals embed malicious promotions in playlist names and podcast descriptions on Spotify, explaining that these promotions are used to advertise game hacks for popular video games such as Fortnite, GTA, Apex, and Roblox. Additionally.
They also promote pirated software (commonly referred to as ‘cracks’), spam links, and other malicious sites.
This abuse is said to leverage Spotify’s web player results to improve the search engine visibility of these harmful websites, putting unsuspecting users at risk of malware, scams, and other cyber threats.
NITDA warned that the exploitation of Spotify could lead to exposure to scams and phishing attacks, downloading of malware that can compromise user devices and Loss of personal and financial data through interactions with malicious websites.
To manage the risks, NITDA advised users to exercise Caution with suspicious playlists and podcasts and avoid engaging with playlists or podcasts that feature unusual or suspicious text in their descriptions.
It also warned users not to click Unknown Links, and also ensure the Spotify app is updated to the latest version to minimise vulnerabilities.
The agency further advised Spotify users in Nigeria to remain vigilant and adhere to cybersecurity best practices to safeguard their personal information and devices.
According to the agency, the websites posing as OpenAI’s popular AI, ChatGPT, are tricking users into downloading malicious files or software to their devices.
E-Business
Konga Yakata’s Last Week: Don’t Miss Out on Incredible Deals
Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week. Shoppers nationwide are gearing up for a rain of last-minute deals and irresistible offers, with the promotion set to end on Saturday, November 30, 2024.
The month-long Konga Yakata campaign, which kicked off on Friday, November 1, has delivered an unparalleled shopping experience, treating customers to incredible discounts, engaging promos, and unbeatable incentives.
In addition to massive price cuts across a wide range of products, Konga has thrilled shoppers with exciting events such as Treasure Hunts, Flash Sales, Bargain Bash, Brand Days, and specialized Black Friday packages like the Budget Store, Under 50k Store, and TGIF Epic Drop.
The highlight of the Yakata 2024 season will be this year’s Black Friday, which takes place on Friday, November 29. Thousands of customers will be able to score exclusive discounts on items including electronics, clothes, home appliances, computers, and groceries.
Reflecting on the experience so far, a satisfied anonymous shopper who snagged a TV at a discounted rate said, “Konga Yakata has been nothing short of amazing this year. The discounts are unbelievable but true, and the convenience of shopping online is unmatched.
“I’ve already made several purchases, and I’m excited to see what other deals are in store for the final week.”
Konga’s Black Friday sale has been a boon for consumers, offering respite from the economic challenges many Nigerians face. By providing access to affordable products and services, Konga has empowered shoppers to make the most of their money.
Despite the prevailing economic challenges, shoppers have embraced the Yakata season, targeting high-value deals and leveraging Konga’s tailored offerings to make significant savings. With the countdown underway, the excitement is expected to hit its peak on Friday as customers traditionally wait for that day to grab the most exclusive deals.
Speaking on the heightened anticipation, Kunle Ajani, Group Head of Marketing at Konga, stated, “We’re thrilled with the overwhelming response to Konga Yakata this year, and we’re committed to ensuring the final week delivers the biggest surprises yet.
“We are proud to offer a platform where shoppers can enjoy exceptional value, despite the economic realities.”
As the curtain closes on the 2024 Yakata season, shoppers can look forward to a flurry of last-minute deals, culminating at midnight on November 30. From tech enthusiasts to lovers of electronics and deal hunters, Konga Yakata continues to redefine the shopping experience, making it a season to remember for all Nigerians.
Take advantage of the final week of Konga Yakata. Visit Konga.com and experience the thrill of shopping at unbeatable prices.
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