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FG, Lagos Commend TD Africa for Launching Tech Experience Centre

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The Tech Experience Centre, an ambitious technology project aimed at bridging the gap to cutting-edge technology for millions of Nigerians, has been described as strategic to the Federal Government’s plan to build a digital Nigeria for all citizens.

The foregoing was disclosed by Dr. Isa Ali Pantami, minister of Communications and Digital Economy.

Equally important, Pantami was speaking at the formal unveiling of the Tech Experience Centre located at the high-rise Yudala Heights on 13 Idowu Martins, Victoria Island, Lagos on Thursday, October 1st, 2020, Nigeria’s 60th Independence Anniversary.

The Minister, who was the Special Guest of Honour, expressed delight with the project, even as he conveyed the feelings of President Muhammadu Buhari on the launch of the massive initiative.

The Centre houses a convergence of globally renowned tech giants such as Cisco, HP, Microsoft, Dell Technologies, Zinox, Schneider Electric, Samsung, Apple and Bosch, among others, all under one roof to create an immersive experience of the latest technologies.

‘‘I am delighted to be here today to witness the commissioning of this landmark project. I am here to convey the regards of President Muhammadu Buhari who has been instrumental to the current drive of the Federal Ministry of Communications and Digital Economy for the ICT sector to achieve a Digital Nigeria.

‘‘We are happy to see this huge technology initiative become a reality as it shows the private sector has bought into our visions for Nigeria. Achieving a Digital Nigeria is not the responsibility of government alone. The role of government is to come up with the right policies and create the enabling environment while the private sector also supports the efforts of government. This Tech Experience Centre is very strategic to the seven pillars of our digital economy strategy which include: Digital Literacy and Skills Development; Service Infrastructure; Solid Infrastructure; Digital Services Promotion and Development; Soft Infrastructure; Digital Societies and Emerging Technologies and lastly Indigenous Content Development.

‘‘I wish to commend TD Africa and the Zinox Chairman, Dr. Leo Stan Ekeh for their efforts in birthing this Tech Experience Centre which we are certain will create a huge opportunity for our youths and many other Nigerians,’’ he disclosed.

Also speaking at the event, Chief Host, Lagos State Governor, Babajide Sanwo-Olu hailed the management of TD Africa for the bold initiative, even as he disclosed that the Lagos State Government is already laying the foundation for the state to be the technology hub of Nigeria and West Africa.

Sanwo-Olu, who was represented by the Deputy Governor, Dr. Obafemi Hamzat emphasised the important role of technology as a game-changer in any society.

“Technology provides data and it is the most effective way to achieve the ease of doing business. Data is the new currency. Any company that does not have a good database will collapse as it helps in the ease of doing business.

“Technology also helps in managing information. It is used in security, education and to collect data in the hospitals. Nigeria needs to urgently harness the use of technology to develop the nation,” he said

‘‘I commend the Zinox Chairman and TD Africa on the launch of this impressive technology project. Indeed, technology is the pillar of all the plans of the present administration in Lagos. In order to maximize the potential of the state, the deployment of technology is very critical,” Sanwo-Olu said.

Also speaking at the event, Chairman, Zinox Group, Leo Stan Ekeh, commended the Federal Government and the Lagos State government for their increased emphasis on the technology sector. Ekeh, a serial digital entrepreneur, described the renaming of the Ministry of Communications by President Buhari with the addition of Digital Economy as a masterstroke, even as he heaped praises on Dr. Pantami for his sterling leadership. The Zinox boss, who revealed that technology is the currency of new wealth in the 21st Century, revealed that the sector holds the key to the future of Nigeria’s digital wealth. Consequently, he called on the Federal Government to empower the youth especially in ICT, noting that Nigeria is the only place in the world where tech guys are among the poorest.

“Government needs to encourage the youths by empowering them as most of them work in that sector. Also, many youths are equally interested in developing the country through technology so they need to be empowered,” he said

In addition, he praised the Lagos State Government for creating a conducive environment for businesses to thrive, urging business owners to take advantage of the opportunity to invest in the state.

In her opening address, Head of the Tech Experience Centre, Chidalu Ekeh revealed that the Tech Experience Centre will play a key role in building local capacity and growing the Nigerian economy.

She said: ‘‘Right here and in this building, we are placing cutting-edge technology from the biggest tech giants at the fingertips of every Nigerian. As a matter of fact, we are not only bridging the gap to these technologies but also boosting local participation in the global technology ecosystem and increased adoption of technology by our people. We are excited by the multiple collaborations that would emerge from this landmark initiative, especially in view of its potential multiplier effects in re-writing our technology narrative and boosting the Nigerian economy.

‘‘The Tech Experience Centre will also play a very essential role in building capacity among Nigerians. Specifically, we intend to build an army of digitally-compliant youths and global citizens by exposing them to advanced trainings and certifications in the area of Information Technology, with many of them subsequently expected to build apps, crafts and other solutions that will address peculiar challenges in Nigeria or even solve global problems.’’

The event had a number of dignitaries drawn from the public and private sector. Among these was the Director General, National Information Technology Development Agency (NITDA), Inuwa Kashifu Abdullahi; Commissioner for Science and Technology, Lagos State, Dr. Hakeem Fahm; Chairman, MTN Nigeria, Dr. Ernest Ndukwe; Founder/CEO, MainOne, Funke Opeke; Chairman, Stanbic IBTC, Peterside Atedo; MD/CEO, Fidelity Bank, Nnamdi Okonwo; MD/CEO of Airtel Nigeria, Mr. Segun Ogunsanya, MD/CEO, Standard Chartered Bank, LaminManjang; MD/CEO, Ecobank, Patrick Akinwuntan; former Deputy Governor of the Central Bank of Nigeria, Ernest Ebi and his wife; former Chairman of Accenture, Mr. Dotun Suleiman; MD/CEO StanbicIBTC Capital, Mr. Funso Akere; Executive Director, Access Bank, Mr. Victor Etuokwu, MD/CEO,Providus Bank, Mr. Walter Akpani; Chairman, Aso Savings and Loans Plc., Alhaji Ali Magashi; former CEO, Diamond Bank, Mr. Emeka Onwuka; Founder/CEO, Britannia Oil and Gas, Mrs Catherine IjuIfejika and her husband, Mr. Emmanuel Ifejika; media entrepreneur and ace blogger, Linda Ikeji; renowned fashion couturier, Lanre Da Silva Ajayi, just to mention a few.

TheTech Centre is widely expected to boost Nigeria’s relevance in the global technology race and shore up the country’s march to technology independence.

For the first time, Nigeria will play host to the latest global technologies including those not normally available in Africa, offering all classes of visitors a first-hand experience of new gadgets, solutions and infrastructure that would have previously required a visit abroad, thereby saving corporate organizations, government establishments and individuals money or scarce foreign exchange expended on these trips.

 

 

 


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Cybercriminals Using “Joker: Folie à Deux” Release to Scam Fans

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Kaspersky has uncovered cybercriminals exploiting the hype surrounding “Joker: Folie à Deux” ahead of its worldwide cinema premiere, for online phishing scams. Fans eager to watch the new movie online are at risk of being duped into giving away their sensitive data and money.

Kaspersky experts have identified phishing scams related to the new movie. The first example involves a fake offer to subscribe to watch the film for free.

On the fake website, users are asked to enter their credit card information to sign up, while the promised film is never accessible. The scammers gain access to the victim’s card details and can use them for fraudulent transactions or to sell on the dark web.

The second type of scam exploits the Joker movie brand to lure victims into fraudulent investment schemes, giveaways, or similar traps. Cybercriminals create phishing websites claiming to offer free access to the movie.

When users attempt to play the video, they are redirected to other pages – often promoting quick, easy money-making schemes, offering the chance to participate in a giveaway, or possibly other profits.

In the cases uncovered by Kaspersky, users are prompted to provide either personal information – so perpetrators can contact them with faux investment opportunities – or credit card details, for example, to pay for the delivery of the giveaway prize.

“As the premiere approaches, more people are looking for more ways to gain early access to the film and, as such, the risk of falling for such scams increases. We strongly recommend users carefully verify where they enter sensitive information and install reliable antivirus software that can warn against suspicious or malicious websites,” says Olga Svistunova, a security expert at Kaspersky.

To protect themselves from phishing-related risks, Joker movie fans should take precautions when navigating online content related to the premiere. Kaspersky experts recommend the following:

Be cautious. Beware of suspicious emails, messages, or websites offering exclusive deals or freebies. Always verify the source before sharing personal or financial information.

Safeguard personal data. Be mindful when providing sensitive information online, such as your address, phone number, or financial details, and only use secure platforms.

Verify website security. Ensure websites have secure connections by looking for “https://” in the URL and a padlock symbol in the address bar.

Use security solutions. Rely on trusted security solutions like award-winning Kaspersky Premium, that identifies malicious and phishing sites.

Trust reliable sources. Stick to official websites, authorised retailers, and reputable sources for any content to avoid scams.

 


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NDPC Extends Deadline for DCPMIS Registration, Warns Against Engaging Unregistered Data Processors

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Dr. Vincent Olatunji, CEO/ National Commissioner of Nigeria Data Protection Commission has approved the extension of deadline for the registration of Data Controllers and Data Processors of Major Importance (DCPMIs).

The commission in a statement issued on Friday by Babatunde Bamigboye, Head, Legal, Enforcement & Regulations, said that the new deadline for registration without penalty is the 31st of October, 2024.

The statement reads, “In order to ensure accountability and in line with sections 24(3), 29(1)(a) and 44 of the Nigeria Data Protection Act, 2024 (NDP Act), DCPMIs shall only engage agents and contractors who are duly registered with the Commission (as at 15th October, 2024) for the processing of personal data”.

For ease of reference, section 29(1)(a) of the NDP Act provides: “Where a data controller engages the services of a data processor, or a data processor engages the services of another data processor, the data controller or data processor engaging another shall ensure that the engaged data processor —

(a) complies with the principles and obligations set out in this Act as applicable to the data controller;

“Furthermore, Section 65 of the NDP Act defines a data processor “as an individual, private entity, public authority, or any other body, who processes personal data on behalf of or at the direction of a data controller or another data processor.”

The Commission enjoins data controllers and data processors of major importance to immediately ensure that those who process personal data on their behalf fulfill the obligation to register as required by law. Engaging an agent or contractor who does not comply with the principles and obligations (set out in the NDP Act) that are applicable to the data controller is a contravention of the NDP Act.


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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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