E-Business
Microsoft Boosts Data Privacy Research with $35,000 Grant

Microsoft has assured of its continued effort to ensure strict compliance with the highest data protection and security standards worldwide for cloud services while espousing the socio-economic benefits that the accelerated adoption of cloud services will bring to Nigerian businesses and governmental agencies.
This disclosure is coming on the heels of the provision of $35,000 grant to the Nigerian Institute of Advanced Legal Studies (NIALS) to advance research studies on the Gaps in Data Privacy and Security.
Following the U.S National Security Agency (NSA) PRISM/Snowden leakage saga where sensitive security information became public knowledge, governments and companies have become wary especially of entrusting private vital information to a third party.
To address disquiets such as this, Microsoft elected to fund an independent research by NIALS which will among others, focus on how concerns on data privacy, security of data, data sovereignty/ localization and management should be approached to ensure that these fundamental apprehensions do not slow down the adoption of cloud services in Nigeria.
This is especially so with government’s realisation of the importance of cloud computing as a means of enhancing e-government service across all sectors and particularly in the areas of health, agriculture and education.
For the purpose of the research, the focus will basically be on the SMB/SME and education sectors considering that cloud computing can potentially enable SMEs significantly boost the nation’s economic growth.
While the SMB/SME sector currently accounts for 40% of the nation’s GDP, its use of ICT is currently put at as low as 30%.
This ICT usage can however be accelerated using the cloud given its ubiquitousness, accessibility from anywhere and any device including older PCs with limited computing power, ease of use, affordability and pay per use model.
A BCG study published in 2013 and a McKinsey study published in 2011 highlight the importance of SMEs being able to access affordable best-in-class tools such as public cloud services which foster innovation and significantly increase productivity.
Speaking on the software giant’s commitment to the penetration and development of ICT in the country, Kabelo Makwane, country managing director, Microsoft Nigeria, said the company has in its 14 years of operation in Nigeria directly and indirectly contributed in no small measure to the Government’s objective of creating jobs and wealth.
“Microsoft’s extensive programs for Academic Institutions via its Partners in Learning (PIL) program under which it also has the Worldwide Education and Innovative Teachers Forum, YouthSpark and programs on eLearning requirements for academia and students have been enabling the digitization of relevant educational content and information and classroom experience on mobile devices and social media leveraging cloud computing”, he also said.
Professor Adedeji O. Adekunle, Director-General of NIALS stated that the Microsoft-funded research by NIALS will frame the key legal and policy issues that are critical enablers of cloud computing.
This includes the right legal and policy environment to support and mandate improved broadband speeds amongst others to grow cloud services which is critical as low bandwidth and slow connectivity hinder cloud adoption.
Professor Adekunle further, said that, this research will define and identify the transformation opportunity created by cloud computing including the accelerated rollout of e-government services across Ministries, Departments and Agencies (MDAs) and highlight how cloud computing is being broadly adopted in developed markets.
Speaking on the research, Kabelo said this independent research which will be publicly available on NIALS’ and Microsoft’s websites amongst others will add to the body of knowledge on Gaps in Data Privacy and Security, the socio-economic benefits of accelerated adoption of cloud services, the potential of cloud computing services to transform and accelerate the growth of SMEs and the Education Sector in Nigeria and ultimately the Nigerian economy.
He hopes that this research will additionally promote independent and objective research on key technology and policy issues and trends, public awareness of important IT trends such as cloud computing and related issues and greater understanding of the IT industry.
He also stated that Microsoft and NIALS are excited about this strategic partnership which they both consider a great opportunity for their organisations and one they are keen to further extend. The partnership is important to Microsoft as a thought leader on key technology and policy issues and developments including cloud computing.
E-Business
Gmail to Replace SMS Codes with QR Authentication
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Gmail is set to replace SMS-based authentication codes with QR code systems to verify user identity as part of Google’s effort to transition to a more secure model of two-factor authentication.
According to Forbes, a Gmail insider revealed ongoing plans to shift from text message verification to an alternative approach aimed at enhancing security and reducing risks such as phishing and fraud.
Gmail has long utilised SMS-based authentication for abuse prevention and security verification, helping confirm returning users and preventing fraudulent activities like mass account creation for spam and malware distribution.
However, concerns have arisen over the vulnerability of this method, with cybercriminals increasingly exploiting text-based security codes for unauthorised access.
The shift away from SMS verification is driven by its susceptibility to phishing and reliance on mobile carrier security protocols.
Additionally, the emergence of traffic pumping scams, where cybercriminals generate revenue by triggering mass authentication messages, has highlighted the need for stronger authentication methods.
E-Business
Kaspersky Reports Nearly 900m Phishing Attempts in 2024 as Cyber threats Increase
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Kaspersky’s security solutions blocked over 893 million phishing attempts in 2024 – a 26% increase from 2023, when the total stood at nearly 710 million.
The surge in attempts (shown in the graph below) between May-July is traditionally tied to the international holiday season when fraudsters frequently try to lure travelers with scams involving fake airline and hotel bookings, deceptive tour packages and too-good-to-be-true offers.
Experts observed a range of phishing and scam schemes aimed at stealing data, money and installing malicious software. In 2024, cybercriminals often mimicked the websites of well-known brands like Booking.com, Airbnb, TikTok, Telegram, and others. One ongoing campaign, for example, has been targeting TikTok Shop users.
Cybercriminals created fake login pages designed to steal sellers’ credentials. Additionally, scammers capitalised on trending news, orchestrating fraud schemes involving the hype topics, for example cryptocurrency game Hamster Kombat and TON wallets.
Fraudulent schemes also tended to capitalise on fake celebrity images in 2024, falsely promoting giveaways of valuable prizes to fans that were never delivered. The trend persists in 2025.
“While the core mechanics of phishing and scams remain unchanged, attackers constantly refine their disguises. They capitalise on trending news, hype-driven topics, and even combine branding from multiple companies on a single phishing page to enhance efficiencies of their campaigns.
“AI-driven tools help them to create highly convincing fake websites, making fraud harder to detect. These evolving tactics pose a growing risk – not just to financial security but also to personal identity protection. As a result, vigilance and the use of robust cybersecurity solutions have never been more crucial,” says Olga Svistunova, a security expert at Kaspersky.
Spam and malicious email campaigns
According to Kaspersky data, both individuals and corporate users encountered malicious email attachments more than 125 million times in 2024.
Cybercriminals used various tactics in email campaigns targeting businesses, as observed by experts. These included sending emails with password-protected archives containing malicious content and SVG images disguised as harmless graphics, and many other schemes. Attackers lured victims into clicking on malicious content through fake court appeals, fake deals, counterfeit official notifications and more.
Nearly every second email in a corporate mailbox – 47% of global traffic, marking a 1.27 percentage point increase from the previous year – was spam. South African users encountered 20% more malicious emails in comparison to the previous year.
While spam includes different email threats, including those mentioned above, it is not always malicious and consists mostly of unsolicited advertisements.
Experts note that corporate spam trends of the last year prominently feature advertisements for AI solutions, related webinars, online promotion services, follower-boosting schemes and more.
E-Business
Group Applauds Nigeria’s AI Push, Urges Seizure of $15Bn Digital Economy Opportunity
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Nigeria’s growing investment in Artificial Intelligence (AI) and digital transformation is positioning the country as one of Africa’s most ambitious tech-driven economies, with AI projected to contribute $15 billion to Nigeria’s economy by 2030.
As global technology companies deepen their focus on Africa, Young Professionals for Tinubu (YP4T) has acknowledged the deliberate policy moves by President Bola Ahmed Tinubu’s administration to ensure AI becomes a real driver of economic growth, job creation, and youth empowerment.
Following the President’s high-level discussions with global technology leaders, including his recent meeting with Google CEO Sundar Pichai, there is increasing recognition that Nigeria is taking active steps to secure its place in the global AI economy. But beyond diplomatic engagements, the administration has backed its vision with tangible programs that are already making an impact.
The 3 Million Technical Talent (3MTT) initiative has already begun producing a pipeline of AI-trained professionals, while the National AI Strategy Framework has laid the groundwork for AI integration across finance, agriculture, healthcare, and education.
The administration’s efforts to attract investment into Nigeria’s AI and technology ecosystem have also led to direct support for startups and digital enterprises, ensuring young Nigerians have access to the resources and capital necessary to innovate and compete internationally.
Global partnerships with companies such as Microsoft, Meta, and Nvidia have further reinforced Nigeria’s commitment to AI as a pillar for economic transformation.
“AI is no longer a theoretical concept—it is a defining force in global economies, and Nigeria is now actively securing its place in that future,” said Victor Benjamin, West/South South Director of YP4T.
“For years, young Nigerians have sought opportunities in technology and digital innovation. What we are seeing now is a deliberate effort by the administration to turn that aspiration into reality through strategic policies, funding, and industry collaboration.
“This is a critical time for Nigerian professionals and businesses to position themselves in the AI-driven economy.”
While many African economies continue to grapple with integrating AI and digital transformation into their long-term growth plans, Nigeria’s current trajectory signals a shift toward becoming a leader in AI adoption and development.
The impact of AI is already being felt in precision agriculture, AI-driven financial inclusion, digital healthcare, and education technology, demonstrating how these investments are directly improving productivity, economic diversification, and access to essential services.
However, experts warn that Nigeria must sustain these efforts to fully unlock the potential of AI-driven growth. With a youth population expected to exceed 100 million by 2050, ensuring that young professionals have the skills, tools, and infrastructure to build AI-powered solutions is key to job creation and economic stability.
“As a network of young professionals actively engaged in shaping Nigeria’s future, we see these investments as fundamental to building a globally competitive workforce,” continued Benjamin.
“This is not just about innovation; this is about securing economic opportunities for millions of young Nigerians. AI and digital transformation must be central to Nigeria’s long-term growth strategy, and every young Nigerian should be paying attention to these opportunities.”
With AI projected to add billions to Nigeria’s GDP in the coming years, industry stakeholders, government institutions, and the private sector must work together to ensure these initiatives translate into real economic gains.
As Nigeria continues to attract international AI investment, YP4T remains committed to mobilizing young Nigerians to engage, innovate, and lead in this digital revolution.
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