Telecom
ESET Security Day Harps on Cyber Security Trends in Nigeria Organisations
ESET, a leader in cyber-protection last Friday held Nigerian edition of its Security Day which focused on cyber security trends in Nigerian organizations.
The event provided a common platform for the business owners, decision makers and end-users to interact with security experts and senior management from ESET to discuss the security landscape in their Organizations and country as a whole.
ESET Security Days is already well-known globally as a gathering of independent and ESET security experts with IT professionals, business people and the general public.
More than eight thousand people around the world already attended with positive feedback on how beneficial it has been to them and their Organizations.
The IT Security conference is not limited to ESET research − independent and non-ESET affiliated IT security experts provided presentations and leading discussions on cyber-threats and data protection issues which affect the current business environment.
Attendees gained access to valuable know-how and technology support by our headline speakers.
Olufemi Ake, ESET Country Manager, said that “ESET focused on the cyber security trends in Nigeria enterprise businesses as the security market is undergoing rapid developments with the threat landscape evolving with more and more targeted and persistent attacks, which conventional countermeasures are failing to prevent (the question is not if your defenses were penetrated, but how they were penetrated).
“They are failing due to the lack of security awareness among employees, missing proper security policies and lack of ‘basic hygiene’.
“ESET began life as a pioneer of antivirus protection and company’s goal is to make sure that everyone can enjoy opportunities that technology offers.
“Today, ESET security solutions allow businesses and consumers in more than 180 countries to make the most of the digital world.
“Aim of this project is to bring cutting-edge knowledge to everyone – especially the business user”.
Richard, CEO, ESET speaking on ESET Security Days series launching in yet another country, said “At ESET Security Days participants can enjoy the latest news from our own ESET kitchen.
“You will not only hear about what we offer to safeguard your business but you will receive valuable technology and security awareness insights along the way.”
“During the conference, attendees can always look forward to detailed presentations and reports on cyber threat landscape that we are currently facing,” he added.
The event took place at Lagos Continental Hotel, Victoria Island, Lagos, Nigeria with attendees having the opportunity to see and learn from the President, Cyber Security Experts Association of Nigeria (CSEAN), Mr Remi Afon, represented by a Director and Membership Coordinator of CSEAN, Mr Tunji Igbalajobi.
He cautioned organisation against showing lackadaisical attitude towards IT security, adding that many are suffering from reputational, financial and other damages orchestrated by cyber criminals.
According to him, both private and public sector organisations must pay attention to cyber education and awareness.
The Cyber Security Expert said that in the era of disruptive technology, it is possible for hackers to hijack IT security in the artificial intelligence environment if not handled with care.
Mr. Igbalajobi who said that IT security has become integral part of governance recommended periodic risk assessments; reduction to the level of administrative access; multi-factor authentication and adequate password management, as part of the panacea to stay safe.
He further extolled ESET for outstanding performances and products that meet the need of the markets which led to over 600million users that trust the solutions currently.
The ESET Security Day 2018 (Nigerian Edition) had 58 delegates and forty-one companies in attendance.
Lynda Saint-Nwafor, chief Enterprise business officer, MTN Nigeria, has assured the network subscribers that the new end-user billing system for the use of USSD services will jot affect them.
USSD, otherwise Unstructured Supplementary Service Data codes are commonly used for banking transactions, airtime recharges, and other mobile services.
The telco said that there is no significant impact or change other than the fact that they will now pay the same N6.98 per session (120 seconds) with their airtime instead of direct bank debit.
Saint-Nwafor, said this during a chat with MTN MIP fellows, explaining that the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered telecom operators to ensure that the new billing model resolves trust issues and ensures transparency in the billing process.
“Our regulator insisted that at the end of every month, we are going to be providing history and statistics on the performance of the service across the board”, she explained.
Saint-Nwafor added that the new billing model has standardized messaging across all operators and ensures consistent communication with customers.
“We will take all the error codes and map them into messages that are standardised across the board. So, if you initiate a transaction, you will know if it is failing. And, when the transaction fails, you will know if it is from your bank or the telco,” she explained.
The U.S. government has recovered $225 million in what is now the largest seizure of funds linked to a cryptocurrency investment scam.
In a statement released Wednesday, June 18, the U.S. Attorney’s Office said the recovery followed an extensive investigation by the FBI and the U.S. Secret Service, using blockchain analysis and other forensic tools. The statement did not confirm whether any arrests had been made.
According to the authorities, the stolen funds originated from fraudulent cryptocurrency investment schemes that tricked victims into believing they were making legitimate investments. More than 400 individuals around the world, including dozens in the United States, were reportedly affected.
The operation involved a sophisticated money laundering network that carried out hundreds of thousands of blockchain transactions to obscure the source and ownership of the stolen assets.
“These scams prey on trust, often resulting in extreme financial hardship for the victims,” said Shawn Bradstreet, Special Agent in Charge at the U.S. Secret Service office in San Francisco.
Bradstreet added that U.S. officials hope the recovered funds can eventually be returned to the rightful victims.
Cryptocurrency investment fraud accounted for over $5.8 billion in reported losses in 2024 alone, according to the statement.
In a rousing declaration that is electrifying minds across the continent, Hon. Nnaemeka Ani, Special Adviser on ICT to Enugu State Governor, Dr. Peter Mbah, has called for a homegrown digital revolution under the banner “Africa Will Rise: By Code, By Courage, By Us.”
Hon. Nnaemeka Ani
The message, part challenge, part philosophical—seeks to galvanize African innovators to move beyond buzzwords and build technology with impact and legacy in mind.
“Let’s stop building for hype. Let’s start building for legacy,” Ani urged while speaking to ICT journalists over the weekend. “Let’s stop waiting for someone else. Let’s start creating the future—on our own terms.”
At the heart of Ani’s vision is a shift from tech consumerism to tech authorship. With innovation hubs sprouting across cities like Enugu, Lagos, Kigali, Jo’Burg, and Nairobi, and a growing community of developers, engineers, and entrepreneurs determined to solve Africa’s unique challenges, the movement is already taking shape.
Ani emphasized that Africa’s future lies not in flashy apps or international admiration but in persistent, intentional solutions that uplift communities—solutions that digitize public services, bridge rural-urban divides, empower women and youth, and build resilience in food and climate systems.
“We have the talent,” he said. “Now it’s time to harness it—to stop building for likes and start building for lasting impact.”
With support from leaders like Ani and rising momentum in Africa’s tech corridors, it seems that a new chapter is being written—one line of code at a time.
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