E-Business
Andela Launches Integrated, End-to-End Platform to Bolster Global Remote Tech Hiring
Andela, the world’s largest private marketplace for technical talent, announced today the Andela Talent Cloud, an integrated, end-to-end platform to match global technologists with companies seeking to bolster capacity and skill sets.
The Andela platform is an all-in-one, AI-driven solution that provides IT executives with complete transparency of talent profiles and skills assessment results, enabling informed and secure hiring decisions.
“Market-leading organizations realize that rewriting their workforce strategies to include global, remote tech talent offers a distinct competitive advantage,” said Jeremy Johnson, Andela CEO and Co-Founder. “Andela offers a seamless approach. By combining the world’s preeminent private talent marketplace with an AI-driven platform, Andela helps companies scale their teams and deliver projects faster.”
The Andela Talent Cloud delivers clients greater speed, flexibility, performance, and trust, unlike other approaches to hiring, such as in-house recruiting, consulting firms, and outsourcing.
The solution allows IT organizations to scale quickly with a highly elastic resource pool and flexible hiring options, to find the right talent for the right role, at the right speed and cost.
The platform streamlines the complete hiring lifecycle, helping companies source, qualify, hire, manage, and pay global technologists in one integrated platform. The entire hiring process can take as little as 48 hours and be 30% to 50% more cost-efficient.
“Our global client footprint requires us to deliver to anywhere from anywhere. To accomplish this, we need a balanced global talent strategy,” said Ikechi Okoronkwo, Global Executive Director, Advanced Analytics at Mindshare.
“With Andela, we scale up or down easily as business needs change. They help us quickly find talent that is highly motivated, highly skilled, and embodies a culture of excellence and delivery. The talent hits the ground running, which drives maximum value for our clients. Andela de-risks global hiring, so businesses can grow and be competitive.”
According to a Gartner® Press Release, “[It] is no surprise that the rate of hiring borderless technology staff doubled in the last three years as increasing retention and hiring has risen to the No. 3 priority for CEOs this year and 2023, said Gabriela Vogel, Senior Director Analyst at Gartner.
The COVID-19 pandemic also accelerated borderless hiring, and what began as an exception is no longer.” “Gartner defines borderless workforce as talent working remotely from different countries based on an employment contract made across national borders.”
The Andela Talent Cloud features:
Enhanced AI Capabilities
At the core of the Andela Talent Cloud is the Talent Decision Engine™ (TDE) which is powered by AI and data-driven matching algorithms to pair the ideal talent to client-specific roles and skills requirements.
The TDE™ learns from thousands of data points across the hiring lifecycle, assessing a broad data set including both hard and soft skills, experience, title, geography, work preferences, language proficiency, candidate interactions, and client feedback for each and every job position.
The TDE™ reduces bias and subjectivity from the recommendation and matching process for each candidate presented for review and acceptance to ensure a fairer and more accurate match to the job requirements.
Further, the TDE™ continually evolves for each client by analyzing their interactions across the marketplace as well as talent success, enabling the platform to get smarter over time, and improving the ability to match the right talent for future project work.
Andela boasts a 96% talent match success rate and a speed to hire up to 70% faster than traditional recruiting, which is expected to improve as the platform scales from additional interactions and placements.
Predictive performance:
With the acquisition of Qualified in March 2023, Andela has integrated into the Talent Decision Engine™ proprietary developer assessment capabilities that help better determine the on-the-job performance of the recommended talent before selection.
The top customer-rated assessment platform on G2, Qualified, provides over 500 predefined and fully configurable coding challenges to evaluate technical skills objectively at scale.
Qualified uses an evidence-based evaluation process to signal skills-based proof that the engineering candidate can problem solve, make technically knowledgeable decisions, and has the requisite hard and soft skills to fit the role and company culture.
According to a Gartner report, “76% of HR leaders who completed Gartner’s 2022 HR Budget and Staffing Benchmarking Survey expect headcount to increase well into 2022, with turnover remaining high”. Given the global need for reskilling and upskilling, Andela will continue to offer Andela Qualify as a standalone developer assessment solution.
Seamless Global Payout Capability
Andela Pay manages all aspects of global payouts, currency exchange, and compliance in over 100 countries to ensure that technologists receive funds in a low-cost and timely manner.
Technologists are paid out directly in USD into a partner wallet of their choice – clients are thus insulated from foreign exchange risk. The Andela Pay partner ecosystem also runs OFAC checks and Know-Your-Customer reviews on contracted technologists as per applicable regulations to ensure compliance by all remote workers.
Enterprise HRM Integrations
Andela Connect provides integrations to popular Application Tracking (ATS) and Vendor Management Systems (VMS). With this release of the Andela Talent Cloud, integrations are available for Greenhouse, Beeline and Fieldglass.
These integrations allow clients to link job postings on their website or LinkedIn to instantly connect to the Andela Talent Cloud to begin the matching process against the Andela Talent Marketplace. Clients are able to streamline their recruitment process to source talent recommendations to hire quickly.
E-Business
NDPC to Begin Prosecution of Data Privacy Offenders from 2025
Nigeria Data Protection Commission (NDPC) will start prosecuting data privacy offenders from the beginning of 2025, according to Babatunde Bamigboye, head of the Legal Enforcement and Regulation Department of the commission.
This move is part of its efforts to enforce regulations and promote responsible data handling in Nigeria.
Bamigboye, disclosed this during a one-day cybersecurity awareness campaign with the theme “Utilising AI-Powered Services for Proactive Cybersecurity” in Abuja.
The event was organised by SOPHOS UK in collaboration with SPOKES Network and Net-Trix Solutions to foster networking with industry experts on how AI is shaping the future of cybersecurity.
Bamigboye explained that, due to the significant implications of data privacy breaches in Nigeria, the commission has embarked on awareness programmes to educate individuals on their data protection rights and inform data processors and controllers of their obligations.
To this end, he announced that beginning next year, the commission would prosecute any data controllers or processors found in breach of the law.
“At this moment, we have investigated quite a number of cases, and in terms of prosecution—as you know, as a lawyer, this means going to court—but we haven’t taken any matters to court yet.
“This is the formative stage; we understand the implications for the country as a whole. And usually, when you talk about prosecution, it also involves some criminal activities. So, at this moment, our focus has been on creating awareness.
“But from next year, we will step up enforcement in this area. What we have done so far is to take remedial actions against certain data controllers and processors who defaulted under the Act,” he noted.
He assured investors that Nigeria’s cyberspace is secure for digital transactions.
“Nigerian cyberspace is safe; otherwise, we wouldn’t be experiencing the smooth flow of digital transactions in Nigeria. It is safe but not without threats, and we are doing our best as a country to combat these threats.”
Christopher Odutola, a sales engineer at SOPHOS UK, noted in his presentation that 100% cybersecurity cannot be guaranteed, hence the need for proactive measures.
“A lot of people will come to you and say, ‘We can give you 99.9% or 100% cybersecurity.’ It’s not true.
“Nobody can provide 100% security anywhere in the world. What they can do, as I mentioned earlier, is reduce the risk for you. However, determining the extent of risk reduction is difficult.
“It’s impossible to eliminate 100% of risks anywhere in the world. What we provide is what we call a cybersecurity breach protection warranty. This warranty covers incidents such as data breaches or ransomware attacks. For instance, if you lose your files while we manage your SOC as a service, we will reimburse up to one million dollars in response costs.”
Odutola further stressed the importance of organisations reducing cyber threat risks to secure cyberspace.
“There are risks to businesses, risks from downtime, attackers, scammers, and the rest, trying to infiltrate networks.
“The risk is always high. As cybersecurity professionals, we are doing as much as possible to reduce these risks.
“The various security controls we implement—antivirus software, firewalls, email security, cloud security, network security, and others—are aimed at reducing risks. We must focus on minimising risks. For instance, we currently see risks originating from third-party suppliers and vendors.”
According to him, “We have a process called risk assessment, which helps to evaluate vendors to ensure they do not introduce risks into our environment. This is why these security controls are crucial.
“We have them in place. It’s equally important to involve senior management in the discussion, as this is often where the gap lies. Unfortunately, cybersecurity is often perceived as a cost centre.”
Harrison Oloye, chief executive officer (CEO) of Net-Trix Solutions, said the event aimed to raise awareness about cyber threats and equip users to manage potential attacks.
“What we did, as Net-Trix Solutions Limited in conjunction with Spokes Network, is to create awareness and educate the public and private sectors on how to use Artificial Intelligence (AI) to combat cyber threats.”
Speaking further on achievements in creating awareness, he said: “As part of our Corporate Social Responsibility (CSR), we educate and train as many people as possible on the dangers of cyber threats and cyber-related crimes.”
Ms. Sifon Ufot, head of Business at SPOKES Network, emphasised the need to take proactive measures against cyber threats.
“We need to stay cyber-safe because hackers working behind the scenes are not joking—they work 24/7. For us, staying proactive is essential. With the help of AI, we can stay proactive; it provides information beforehand and even prevents some attacks from reaching us.”
E-Business
Nigeria, Others Confront Flood of Cyber-Attacks
Check Point, a cyber security company has reported that Nigeria, South Africa, Kenya, and Morocco are seeing targeted cyber-attacks on government, education, and financial institutions.
In its just released 2024 African Perspectives on Cyber security report, Check Point, said that the cyber security sector is growing by 20-25% annually, fuelled by investments in infrastructure and Artificial Intelligence-driven solutions.
The report said that South Africa has seen 3,312 attacks on government institutions every week and a 90% increase in ransomware, with cybercrime costing the country nearly 1% of GDP.
Kenya, in East Africa, sees 4,719 attacks on the government sector each week, indicating an urgent need for enhanced defenses.
According to the report, Nigeria sees 4,718 attacks every week, which is one of the highest in Africa.
In a recent incident, the report states that a banking trojan assault affected 100,000 customer accounts, resulting in a $3 million loss.
Morocco is one of Africa’s most targeted countries, with 8,733 attacks on government entities reported each week, the report said.
According to Check Point, the Moroccan government recently faced a state-sponsored cyberattack that compromised classified communications, raising significant national security concerns.
“Organisations in Africa are attacked roughly 3300 times per week, if we look at the global average it is about 1 800, it is almost double the attacks,” said Hendrik de Bruin, head of security consulting at Check Point SADC during the presentation.
Check Point noted that the continent’s GDP is predicted to exceed $4 trillion by 2027, and digital infrastructure has emerged as a key driver of economic growth. However, rapid digitisation has resulted in increased vulnerability.
De Bruin explained: “We are slowly, but surely digitalising our industries, we are digitising our governments, private sectors are digitising themselves, so we have got an expanding digital attack footprint.
“We also have cloud adoption, which is not new, but picking up pace in Africa. That is another way that these attackers are using to gain access to organisations, and we also see a large uptake on cloud specific attacks as well.”
E-Business
NITDA Alerts Businesses to Rising Ymir Ransomware Threat
National Information Technology Development Agency (NITDA) has warned organisations about Ymir ransomware, describing it as a highly sophisticated cyber threat targeting corporate networks.
In an advisory released yesterday, NITDA outlined the ransomware’s advanced tactics, including memory-based execution designed to evade detection by traditional security tools.
The malware not only encrypts critical data but also exfiltrates sensitive information before encryption, demanding substantial ransoms in cryptocurrency.
“This ransomware is highly advanced and poses a significant threat to organisations, especially those in industries like healthcare, finance, and IT services that handle sensitive data,” NITDA said.
The agency warned that victims face severe operational disruptions, financial losses, and reputational damage. “Ymir’s ability to evade antivirus programs allows attackers to dwell longer in networks, expanding their reach and deepening the damage,” the advisory added.
To counter the threat, the agency urged organisations to take proactive measures, including deploying advanced endpoint detection and response solutions, updating all systems and applications with the latest security patches, and segmenting critical systems into separate network zones.
“Implementing multi-factor authentication across critical systems is crucial to preventing unauthorized access, especially for administrative accounts,” NITDA noted.
The agency also stressed the importance of a robust backup strategy. “Organisations should regularly test their backups for integrity and ensure offline copies are securely stored to avoid total data loss in the event of an attack,” it said.
NITDA emphasised the need for organisations to prioritise cybersecurity in light of evolving threats like Ymir ransomware. It encouraged businesses to seek expert guidance to strengthen their defenses against such attacks.
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