Connect with us

E-Business

IT Stakeholders Seek Stricter Laws for IP Protection

Published

on

Kindly share this post

 Stakeholders in the IT industry have unanimously called for the review of legal documents in Nigeria to protect owners’ intellectual property (IP) as well as rebuild confidence of critical thinkers and innovators.

Adeolu Majekodunmi, small & medium solutions & partner director, Microsoft Anglophone West Africa, said that due to the ineffectual legal document , IT pirates are throwing heavy spanners on the wheels of Nigeria’s growth.

Majekodunmi  who spoke during the 2013 Intellectual Property Panel Discussion organised by Microsoft Nigeria, warned that if piracy is not contained;  dangers loom ahead.

He said that  IT pirates are bent on draining the economy adding that feedback from the entertainment, software, government, media and other core investments, showed  that several billions of naira originating from IP related sectors are entering into the wrong pockets.

He added that the draft national ICT policy paraded by the Ministry of Communication needs to be accompanied by laws that could allow regulators teeth to bite and for the betterment of the revolutionary IT industry in Nigeria.

Majekodunmi while defining IP as a creation of the mind, to which exclusive right is given, added that, “IP right can be put in the respect of copyright, patent right, trademarks, logo, et cetera.

“Nigeria is yet to revolutionalise its IT space, because we still use ‘borrowed’ technologies. Meanwhile, the country has the power to change the story. Bu the biggest issue is threats to IP rights or the activities of IT pirates. Nigeria needs a game-changer to turn the table were IP pays.

“With the new ICT policy in place, the country can leverage on it to revolutionalise the industry. Now there are incubation centres coming up in various locations, we need better platforms to make such that whatever is coming from those centres are monetized and protected”.

He said that the legal framework has to support the robust ICT policy for meaningful impact on the economy.

Also speaking, Yomi Badejo-Okusanya, managing director, CMC Concept, said that development in any nation anchors on creativity and innovation imbedded in the intellectual property of individuals and must be protected.

“The intellectual property regime of any nation must impact on its development. So, low level IP regime (protection) leads to stagnant growth. For instance, producers of music and movies are losing at N150 per copy because pirates are at work. It is a major drain on our economy and Nigeria must rise to the occasion to stop the damages.

“I believe that the President should be addressing the media on International Intellectual Property Days, because we need to see the negative impact as harmful as the oil pipeline vandalism and Boko Haram insurgencies,” he said.

Badejo-Okusanya, added that the IP related cases should be made front-burner issues as it is not fight for Microsoft or software companies alone but every user of IT other sundry solutions.

On his part, Zanri Dabiri, CEO, Trybe Records, a music producer, further lamented that inefficient laws that address the menace currently lead to unsustainable business models, threat to governance and lack of private sector confidence on the nation’s entertainment industry.

According to him, Nigeria will remain a consumer of foreign technologies even with its consummate individuals if IP offenses are not addressed.

He said: “Royalties are not paying. This is impacting on, virtually, everything we do as an industry. We need to tackle this, because the entertainment industry is one of the largest employers of labour in the country and we cannot imagine what will become of the country if the industry fails”.

The stakeholders while applauding Microsoft Nigeria for brazing the trail in Intellectual property protection awareness, also pointed out that vigorous advocacy and education of consumers and unleashing of the genuine products in the market would reduce the ‘dreaded disease’ that has penetrated the market overtime, adding the current transformation in the Nigeria Copyright Commission is a good omen for the industry.

 

 

 


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

E-Business

Ride the ‘Wicked’ Wave: Temu Brings Green Magic to Christmas

Published

on

Kindly share this post

Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.

Temu

Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.

The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.

As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.

This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.

With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style


Kindly share this post
Continue Reading

E-Business

Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams

Published

on

Kindly share this post

With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains.

Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams

Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages.

Fake holiday shops

Deceptive online stores mimic the look and feel of legitimate e-commerce sites, offering seasonal items such as decorations, gifts, and even trees at steep discounts.

These sites often appear highly localised, adapting their language and currency based on the user’s geographic location, leveraging data extracted from browsers.

Victims typically encounter these stores by following links in ads or pop-ups.

These sites aim to steal funds. Often, these fraudulent stores exist only for a short period, as they get flagged by the vendors of goods.

Free mobile data offer

This scam plays on the allure of free services, claiming to provide free mobile data valid across all major telecom providers.

In order to receive the free data, victims are required to share the promotion link with 10–15 contacts via WhatsApp, ensuring the scam spreads exponentially.

After sharing, victims are prompted to enter their personal details — name, phone number, and email — into a form.

The collected data is then sold on the Dark Web or used in other fraudulent activities.

In some cases, victims unknowingly download malware that compromises their devices, leading to further exploitation.

Holiday payments on behalf of government agencies

Fraudsters impersonate government authorities, promising fictitious payments in celebration of the holidays.

This scam has been reported in several African countries, including Kenya and Nigeria.

To receive payment, victims are directed to fill out a survey which requires personal details like name and phone number.

Once the survey is completed the user is asked to share the link to the announcement with their connections via WhatsApp.

These details are collected and added to fraudulent databases, then sold to third parties or used for phishing attacks and identity theft.

This scam exploits trust in government systems and the festive spirit of giving.

Christmas recipe scam

This scam begins with a seemingly harmless email promoting a holiday cake recipe.

Victims are encouraged to pay a small fee to access the recipe.

Once payment is made, the victim’s credit card information is stolen. The fraudsters also collect other personal information essential for accessing banking services.

“Holiday scams are not a new phenomenon, but they have evolved to become increasingly sophisticated, leveraging regional traditions and technology to exploit unsuspecting victims.

The rush of the holidays makes people more vulnerable — they’re distracted, eager to grab a deal, or trust promotions that align with festive themes. Cybercriminals are not just stealing money — they’re building massive databases of personal information that fuel future fraudulent schemes.

The holiday season is a time for joy and giving, but users need to remain vigilant to ensure they’re not unknowingly giving fraudsters the tools to exploit them further,” said Olga Svistunova, Senior Web Content Analyst at Kaspersky.

 

 

 

 

 

 


Kindly share this post
Continue Reading

E-Business

Hackers Seize NBS Newly Redesigned Website

Published

on

Kindly share this post

Cybercriminals have persisted in targeting Nigerian government websites, with the most recent attack on the National Bureau of Statistics (NBS).

Hackers Seize NBS Newly Redesigned Website

The NBS confirmed the development in a brief statement posted on its X (formerly Twitter) account

It said that its newly redesigned official website has been hacked.

The NBS disclosed the incident and assured the public that efforts are underway to recover the website.

It urged the public to disregard any messages or reports posted until the full recovery of its website.

The statement on X read: “This is to inform the public that the NBS website has been hacked, and we are working to recover it. Please disregard any message or report posted until the website is fully restored.”

The NBS plays a vital role in Nigeria’s development, serving as the official statistical agency responsible for collecting, analyzing, and disseminating statistical data on the country’s economy, governance, and development

This marks the latest in a series of attacks on Nigerian government websites, a trend that has been ongoing for some years.

From government ministries to officials, cyberattacks in Nigeria have surged to alarming levels, with even financial institutions falling victim.

The Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) frequently issue warnings of cybercriminals targeting individuals, government entities, banks, and telecom companies.


Kindly share this post
Continue Reading

Trending