Telecom
ESET Security Day 2021: Stakeholders Call for Increased Attention on Cyber Threats to Businesses
Enterprises are facing increasing threats which call for improved security tools that can be smoothly integrated into increasingly complex and diverse networks and critical infrastructure, and on the other, rapidly mounting competency from malicious actors.
Olabanji Soledayo, the marketing and retail sales manager at ESET Nigeria
This was the unanimous view of speakers at ESET Security Day 2021 held in Lagos recently.
The experts believe that to further address this in a comprehensive manner, businesses must deploy Endpoint Detection and Response (EDR) to ensure their entire platform is now secured.
The speakers also opined that both government and private sector operators must not neglect to secure the third-party data in their possession and should comply with data protection regulations.
Mr. Olufemi Ake, Managing Director, ESET West Africa (Anglophone countries), said that the conference held since 2011 aimed to educate subscribers and partners in West Africa on most issues that are currently trending around cybersecurity threats.
“We also viewed ESET Security Day 2021 to get closer to our subscribers and prospective customers. We also learned from them as they shared experiences in the corporate world in respect to security”, he said.
Speaking on ESET’s strides to protect its users from the rampaging cyber traitors, he said that with one billion users protected by ESET it is a great testament to the robust solutions and legacies products the company has built over the three decades ago.
“We have over a billion users that we secure globally currently. If you consider the fact that we have an agreement with Google to secure the backend of Chrome, you can deduce that with the number of Google Chrome users that amounts to over half a billion. So, we make bold to say that we have over one billion people that trust us to secure their devices. We are excited about this.
While addressing the customers in the West African region cutting across individuals, government, and private sector, he said that it is imperative for them (customers) to comply with privacy and security regulations.
“Like one of our speakers said, there has been debate about security and compliance, which one comes first. I would say that security should be considered first. Obviously, if you are not secured you can’t comply with set rules. All businesses in Nigeria and West Africa in general should value the third-party data in their domain. They should be responsible for securing the data. It is not just about making profits; it is also about preventing losses through direct leaks or through third-party subscribers who trust them to share their data with them.
This goes to show the need for encryption, multi-factor authentication, etc., to ensure the loose ends are protected.
Speaking on ‘Compliance: Staying Ahead and Undistracted’, Daniel Adaramola, a cybersecurity risk management expert, defined Information security as the protection of an organization against threats.
He said that while compliance to regulatory standards is important, however, the key driver of information security is the need to protect against constant threats to an organization.
“Regulatory compliance is done when the third party is satisfied. Information security is a carrot as it motivates the company to protect itself. There are also questions as to whether cybersecurity should be driven by government bodies.”
“Well, on one hand, they need to be involved in the protection of critical national assets. If those assets are down, it portrays grave danger to the economy and the nation at large. For instance, if the telcos are down, no connectivity, and the aviation sector, it means no flight to depart or arrive in the country. It is a huge economic sabotage.”
“Same time, there are areas where the private sector should be given the opportunity to thrive”, Adaramola explained.
Fowler Oriyomi, a cybersecurity risk consultant, talked about Managing Hybrid Systems in an Enterprise Environment, noting that as companies race to the cloud to improve efficiencies, reduce costs, and foster flexibility and agility, they are creating a patchwork of different cybersecurity protocols.
Oriyomi, who doubles as the Head of IT at Dangote, described the modern post-COVID company as “one million-armed octopus in thousands of locations and every arm is a digital access point that can be compromised by script kidders, social hackers, professional criminal hacking organisation or even nation-state actors”.
He aligned with the school of thought that “only by managing security in all those million access points can a company ensure safety – and avoid becoming another ransomware story on national news”.
He listed hybrid cloud operational concerns as include growing cyber threats, on-going regulatory push like the Nigeria Data Protection Regulation (NDPR), compliance related issues, inability of security to keep up with the pace of change in application, amongst others.
Speaking on IT security regulatory compliance, Oriyomi said that expectations have grown in the past two years and have impacted companies’ operations.
He however said that compliance is good for organisations to maintain standards. “These regulatory compliances attract fines and quite a number of organisations wouldn’t want that. It is GDPR in Europe, NDPR in Nigeria, POPI Act in South Africa and the regulations keep coming. And if you look at the clauses carrying fines there is no company that would want to fall into that.
Also speaking, Habeeb Adebisi, a senior digital security associate at Co-Creation Hub, advised organizations to intensify their cybersecurity defense approach.
He said it is regrettable that most people, including businesses, ignore security advisories and end up paying huge penalties as research finding indicates 90% of Organisations in Nigeria have suffered breaches.
“Our mandate is to ensure technology works in African society. We look at the West and see how technology is improving life and such is lacking here. So, along the line we discovered that one area people tend to ignore until it is late is security. For this reason, we take it very seriously”.
He said for instance, Cc-Hub’s Digital Rights and Inclusion has a cybersecurity approach and led to the establishment of DIGnified.
“We want to make sure technology works for everybody, but at the same time ensure the protection of the workers against malicious actors who are constantly working to breach their system and disrupt the workflow.
“About four years ago, we came up with the ‘Tech Squad’ programme, made up of young people interested in learning about technology and specifically in security. We train them and deploy them to organisations. By this, organisations in Nigeria will become more conscious of the security of their digital space.
“We also launched the SafeOnlineBus campaign through which we educate the masses on issues around the subject. We are also launching another campaign in collaboration with ESET called ‘Safer Kids Online’”.
He thanked ESET West Africa for believing in CCHub especially with regards to the Safer Kids Online.
Also commenting, Olabanji Soledayo, the marketing and retail sales manager at ESET Nigeria, said that is no longer enough to have basic anti-virus on a system.
According to him, threats have been designed to evolve to defeat the basic anti-virus. “So, in the enterprise environment where you have over 100 devices, there is a need for a dependable Endpoint Detection and Response (EDR) solution.”
Recall that version 1.4 of ESET Enterprise Inspector (EEI) was launched last year. EEI is a sophisticated Endpoint Detection and Response (EDR) tool that monitors and evaluates suspicious activity occurring on the network in real time and allows IT security admins to take immediate action when and where needed.
For over 30 years, ESET has become the European leader in cybersecurity solutions, and to date protects more than 1 billion users worldwide.
Since 2011, ESET has been organizing the ESET Security Days, an international event bringing together players in the cybersecurity ecosystem in nearly 50 countries.
ESET Security Day West Africa is part of a process of reflection and discussion between representatives of public institutions, researchers, users, and recognized experts on cybersecurity issues.
ESET Security Day is a professional all-day conference that responds to current events, regulations or legislative changes related to security and protection of personal data.
It also deals with the latest security solutions suitable for the corporate environment. An integral part of conferences is the introduction of the latest technologies and solutions that help companies prevent security incidents.
Telecom
GSMA Report Reveals How Cybersecurity and Revenue Growth are Driving Enterprise Digital Transformation
A new report from GSMA Intelligence (GSMAi) shows that enterprises are focusing more on improving cybersecurity and boosting revenue rather than cutting costs, as they speed up their digital transformation.
The research, “The rise of digital industries: navigating enterprise needs, investments and supplier decisions” reveals that 60% of businesses prioritise revenue growth, customer experience, and competitive positioning over cost-related goals for their digital transformation.
Investment in digital technologies is projected to increase substantially over the next six years to meet business needs, with organisations surveyed planning to allocate 9% of enterprise revenue during 2024–2026, growing to 11% during 2027–2030.
Focus on 5G and AI
85% of enterprises see 5G networks and connectivity as important, with almost half marking them as extremely important, for their digital transformation success. Enterprises plan to spend 21% of their digital transformation budgets on connectivity and associated devices, 13% on mobile (including 5G), and 8% on fixed and Wi-Fi networks. Enhanced security (57%) and connectivity (52%) are the top 5G features they value most and investment in 5G between 2024 and 2030 is projected to be 2.5 times more than in 4G, especially in high mobility sectors such as automotive, transportation, logistics and warehousing.
AI is also a significant factor, making up 14% of enterprise technology expenditures, implemented to elevate customer experiences, strengthen security protocols and increase productivity among employees. Generative AI has swiftly gained importance in the digital strategy of companies, with 90% of them incorporating it, but only 33% are utilising it in advanced ways, indicating potential for further development.
IoT adoption is progressing, with businesses transitioning to more advanced use of IoT technology, including greater use of 5G. Moreover, enterprises show high interest in using eSIM for their IoT deployments, due to its scalability and enhanced security features. Enterprises expect eSIM to account for 42% of the total IoT cellular market by 2030.
Enterprise wants full stack suppliers
As enterprises accelerate their digital transformation journeys, they are opting to work with a broad range of suppliers to meet their technology needs. The research shows a preference for generalist suppliers – such as hyperscalers and telecoms network/equipment vendors – that offer nearly full-stack solutions.
Pablo Iacopino, Head of Research at GSMAi, said: “Enterprises of all sizes are eager to advance their digital transformation and are making the necessary investment. As a result, supplier competition is fierce.
“Telcos need to go beyond just providing network services since enterprises are increasingly looking for partners who can help them throughout their full digital transformation journeys, combining technologies such as 5G, AI, IoT and cloud to improve efficiency, security and drive revenues.
“The cost of implementation and complexity of tech integration are the top two deployment challenges faced by enterprises. This means the role of tech orchestrator will become even more important, and demanded in the future, which presents new opportunities for multi-service suppliers.”
Financial services leads in AI; automotive and mobility push 5G
The report highlights the vertical sectors driving digital transformation each with different priorities and technology investments:
- Financial services: 92% are already using generative AI technology, and they lead in both wider AI adoption (92%) and spending on digital transformation (10.4% of revenue).
- Media and entertainment: This sector leads in revenue growth as a top digital transformation objective, with 65% citing it as an extremely important objective. Also, 91% of media and entertainment enterprises are already using generative AI.
- Utilities and energy: 51% of utility and energy enterprises are making advanced use of cloud technology—the highest of all sectors. 37% are prioritising generative AI for their financial spending through 2026 and allocating 16% of their digital transformation budgets to AI in the longer term.
- Manufacturing and industrial: 33% of manufacturing enterprises identify a lack of internal expertise as a key challenge to AI deployment, the highest across all sectors. Manufacturing ranks high in its focus on cybersecurity, with 55% of enterprises making advanced use of these technologies.
- Transportation, logistics and warehousing: This sector shows strong engagement with AI, including working with MNOs for AI solutions in any forms. This sector also stands out for its focus on IoT, with 36% of enterprises making advanced use of IoT technologies.
- Healthcare: Healthcare enterprises allocate 14% of their digital transformation budgets to AI, and 41% of enterprises cite cybersecurity as one of their top five areas of financial spending over the next few years.
- Automotive and mobility: This sector leads in terms of its focus on 5G, with 54% of enterprises rating 5G as extremely important to digital transformation.
- Retail: 63% of retailers prioritise revenue growth as an extremely important digital transformation objective. They are also quickly adopting generative AI, with 87% using the technology and 34% making advanced use of it.
- Public sector: The public sector is investing heavily in digital transformation, allocating 10.1% of its revenues to these initiatives.
- Agriculture, forestry, and fishing: This sector shows the lowest digital transformation score overall, leaving potential for improvement in areas such as IoT, AI and 5G.
To explore the full findings and insights from the Global Digital Transformation Survey 2024, full access to the report and dashboard can be found here.
In addition, there is a GSMAi webinar on 3 December (10:30am – 11:30am GMT) where Pablo Iacopino and Christina Patsioura, IoT and Enterprise Research Lead Analyst from GSMAi, will explore the key findings and insights from the survey research, and their implications.
In a move to fast-track Nigeria’s industrialization, the National Economic Council (NEC), has urged state governments to patronize technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI).
The Vice President Kashim Shettima stated this during the 146th NEC meeting which he chaired at the Presidential Villa, Abuja following a presentation by the Executive Vice Chairman of NASENI, Mr. Khalil Suleiman Halilu, which detailed a strategic roadmap by the Agency for Nigeria’s industrialization.
Mr. Halilu in his presentation titled “NASENI Economic Transformation Through Advancement in Technology Transfer and Adaptation”, detailed the Agency’s focus in critical sectors such as Renewable Energy & Sustainability, Health & Biotechnology, Agriculture & Food Manufacturing, Sustainable Transportation & Mobility, Digital Technology, Construction & Smart City, Defense & Aerospace.
The Agency sought NEC support to establish manufacturing industries in states, access local natural raw materials, streamline processes related to land and seaport facilitation, sought guidance or partnerships to tap into public sector market, assistance to set up showrooms for NASENI products and favourable policies to promote NASENI activities.
The EVC/CEO of NASENI highlighted the agency’s innovations in energy security, including electric vehicles, NASENI Solar Home Systems for enhanced rural electrification; Smart devices including laptops and tablets tailored for Nigeria’s market; and Solar irrigation pumps and coal-based fertilizers to improve agricultural productivity.
Halilu reiterated the Agency’s commitment to transforming Nigeria into a global innovation powerhouse through technology transfer, product commercialization, adding that the Agency is working with key partners on NASENI Troment (Vaccine factory), NASENI Portland (CNG Centre), NASENI Devfrontier (Solar light & battery), NASENI Renewable Park and NASENI Family Homes (Sustainable homes).
“Our mission is clear: to make NASENI the ‘go-to’ institution for technology transfer in Nigeria,” he stated, adding that the Agency has attracted $3.23 billion in investments, launched the DELT-Her initiative for female engineers, and how the Agency is championing renewable energy projects.
The Council lauded NASENI’s efforts in driving local manufacturing and industrial development and therefore directed the Agency to scale up the establishment of lithium battery factories in resource-rich regions and repair tractors nationwide under the National Asset Restoration Programme.
The NEC meeting further resolved to harness NASENI’s tailored support for manufacturing and public sector partnerships, ensuring Nigeria benefits from infrastructure, policy frameworks, and market access critical for economic diversification.
NASENI remains committed to working with states and the private sector to unlock Nigeria’s potential for industrial innovation and sustainable development.
MTN Nigeria has reaffirmed its commitment to fostering a workplace that reflects these values. The company’s approach is not merely a response to societal pressures but is grounded in the belief that a diverse workforce enhances innovation and better serves its customer base.
MTN’s vision for diversity is encapsulated in its “Live Y’ello” values, which emphasize inclusion, respect, care, integrity, and agility. These principles guide the company’s efforts to create an environment where all employees can thrive.
Esther Akinnukawe, Chief Human Resources Officer at MTN Nigeria, stated, “Our diversity empowers us while inclusion unites us to succeed in a fair and equitable environment.” This sentiment resonates with broader industry trends. According to a 2023 Pew Research survey, about 61% of employees believe their organizations have policies ensuring fairness in hiring and promotions, highlighting the growing importance of D&I initiatives in workplaces across the globe.
Paul Norman, Chief Human Resources Officer, MTN Group, emphasizes that “a diverse workforce isn’t just about ticking boxes. It’s about bringing together different perspectives and ideas, which is crucial for innovation. At MTN, we believe that diversity drives creativity, and creativity drives success.” This philosophy underpins MTN’s commitment to promoting D&I through various initiatives focused on key areas such as gender equality, disability inclusion, and generational diversity.
The ICT company recently achieved the EDGE MOVE certification, making it the first telecommunications company in Africa to receive this recognition. This certification reflects MTN’s commitment to addressing gender disparities and fostering an inclusive work environment. Notably, research shows that companies in the top quartile for gender diversity are 25% more likely to outperform their peers financially, underscoring the business case for such initiatives.
In addition to gender equality, MTN is actively working to support persons with disabilities (PWDs) by implementing guidelines that encourage disclosure and providing reasonable accommodations. The company collaborates with organizations like the Nigeria Business Disability Network to enhance its practices and policies regarding disability inclusion.
Generational diversity is another focus area for the telco. The company recognizes the value of maintaining a balanced representation across different age groups within its workforce.
By promoting age-neutral language in job postings and creating platforms for interaction among various generations, MTN aims to foster an inclusive culture that benefits from diverse perspectives.
The broader telecommunications industry is also witnessing a shift towards more inclusive practices. National telecom companies around the world are revamping their recruitment strategies to attract talent from underrepresented groups.
For instance, AT&T partnered with Historically Black Colleges and Universities (HBCUs) to enhance workforce readiness among diverse candidates.
Similarly, Verizon has established Employee Resource Groups (ERGs) that support employees from various backgrounds, creating a sense of community and belonging.
As the company continues its journey towards greater diversity and inclusion, it remains committed to measuring progress through standardized metrics and accountability frameworks. By setting short- and long-term targets for D&I initiatives, the company aims to effect meaningful change across its organization.
MTN Nigeria’s dedication to fostering a diverse and inclusive workplace reflects a broader recognition of the importance of these values in driving business success.
As more companies embrace D&I initiatives, the innovation potential and improved performance increase—a trend that MTN is keenly aware of as it navigates the complexities of today’s market landscape.
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