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Microsoft CEO to Imagine Cup Students: ‘Face’ Global Issues with Technology

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Thrilled by the innovative solutions presented by no fewer than 120 students from 34 countries around the world, Satya Nadella, chief executive officer of Microsoft, during an award ceremony at the ongoing 2016 Microsoft Imagine Cup competition holding in Seattle, Washington, the United States of America challenged the students to change the world with digital technology.

Microsoft’s Imagine Cup is the world’s most prestigious student technology competition, bringing together student innovators from all over the world.

“Think about your passions, what keeps them up at night. Imagine the future and connect that future you imagine to your core.

“In a world like this where digital technology is having an impact in every walk of life, in every country, you are the ones who are going to help us everywhere move our economies, move our societies, and then also make sure the dividends we create out of digital technology is actually more evenly spread in the world”, the Microsoft  CEO who was full of excitement  told the 35 teams that participated at the Imagine Cup worldwide finals at the home of Microsoft, Redmond, the United States of America.

Urging the smartest students to take their products to the market to solve many issues including health, environment, social, among others, he said with optimism that the students have the chance to difference in the world with digital technology.

“Technology is evolving. Technology is changing the world. Use technology solutions to your communities. Use your passion. This is the beginning of your success.  Everybody is a winner. I want Imagine to open more opportunities for you. Make contacts”, the Microsoft CEO added.

Although Team Nigeria from Obafemi Awolowo University, OAU, Ile-Ife did not advance to World Championship round despite their impressive outing, the good news is that they were among the 8 teams nominated for Ability award. Another good news is that Nigeria is the only country from West African flying the region’s flag here in the United States of America.  It is a positive signal that software Nigeria can compete globally if given the opportunity.

Teams from Thailand, Romania and Greece were named world champions in the 2016 Microsoft Imagine Cup yesterday. The winners in the three categories — games, innovation and world citizenship will today compete for the top prize. Any team that wins will a mentoring session with Microsoft CEO Satya Nadella.

Meanwhile, below are details of the winning teams that have received a $50,000 check from Microsoft. PH21, a team of students studying computer engineering at Chulalongkorn University in Thailand took home the prize in the games category.

Their puzzle-based game, Timelie, centers around a woman who steals a device that can see into the future, and a young girl whose ability to manipulate time was used to create the device.

Three Romanian computer scientists won the innovation category. ENTy is a wearable device that tracks inner ear balance and spinal posture and tell users if they are having balance or posture issues.

Team AMANDA, engineering students from Aristotle University of Thessaloniki in Greece, won in the world citizenship category.

Their project uses an ICT approach to identify characteristics that might make someone a bully and give psychologists tools to intervene.

This year’s finalists were trimmed from 150 teams to 35 that advanced from national finals events. The final round of the contest will be held today at Garfield High School today and will feature special guest judges.

 

 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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CrediCorp Partners FintechNGR to Drive Consumer Credit Initiative

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Nigerian Consumer Credit Corporation (CrediCorp), has partnered Fintech Association of Nigeria (FinTechNGR) to drive consumer credit scheme initiative through a robust payment platform that would be provided by members of FinTechNGR.

Speaking at a Social Meet in Lagos, organised by FinTechNGR, with the theme: “Augmenting the Future, AI, Credit and Transformation of Nigerian Finance,” the Chairman, CrediCorp Board of Directors, Aderemi Abdul-Bojela, said members of FinTechNGR would have specific roles to play in the partnership, in the areas of providing robust platform for money transfer, technology evaluation, among others.

“Today, CrediCorp is engaging with members of FinTechNGR in a social interactive gathering to discuss collaboration and support for the growth of Consumer Credit Corporation in Nigeria. We want to interact to understand how technology will drive the crediCorp initiative in Nigeria and also to understand the role that members of FinTechNGR will play in all of these initiatives around CrediCorp,” Abdul-Bojela said.

Describing the partnership as a welcome development that will enhance savings culture among Nigerians, the Chief Operating Officer (COO) of FinTechNGR, Dr. Babatunde Obrimah, said: “FinTechNGR is an enabler of technology advancement in Nigeria. We bring the players together to drive technology innovation.

“Our role in the FinTechNGR-CrediCorp partnership is to ensure that our members support the growth of consumer credit in Nigeria, by providing the relevant payment platforms for all financial transactions among the banks who are the lenders, the customers who are the burrowers and the CrediCorp who is the guarantor.”

Speaking about the benefits for Nigerians, Obrimah said the Consumer Credit Corporation in Nigeria would enhance the country’s credit culture and enable Nigerians to save and plan well with their savings. “The initiative will address inflation, help in liquidity flow, build trust in customers’ borrowing, boost credit culture and enhance the culture of savings among Nigerians,” Obrimah said.

Addressing the issue of risk and consumer trust, Abdul-Bojela said the CrediCorp has put measures in place to ensure that the banks that would be involved in lending, would be protected and guaranteed of the repayment of the loans within the CrediCorp ecosystem.

He said there would be an independent management that would ensure that the right technology is put in place to recover all monies.


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NITDA to Integrate of Digital Literacy into School Curriculum

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Kashifu Abdullahi, director general of the National Information Technology Development Agency (NITDA), announced plans to integrate digital literacy into Nigeria’s education system, to achieve a 70% literacy rate by 2027 and 95% by 2030.

NITDA to Integrate of Digital Literacy into School Curriculum

Kashifu Abdullah, DG, NITDA

The NITDA’s DG made the announcement on Wednesday in Abuja during a media parley.

He stated that in order to include digital literacy in the curriculum at all educational levels, from kindergarten to university, the Agency was collaborating with the Federal Ministry of Education.

Abdullahi, said that this program would equip Nigerians with the digital know-how and abilities they need to succeed in the digital economy.

He emphasized that NITDA would also launch the “Digital Literacy for All Initiative” to educate Nigerians outside the formal education system and provide access to quality digital content.

Nigeria would train over two million young people in in-demand IT skills in order to become significant global outsourcing hub

NITDA is also collaborating with the Defence Headquarters and security agencies to develop digital solutions to address security concerns, including the use of drones, artificial intelligence, and other digital resources to combat banditry, abduction, and terrorism, he said.

 

According to him, the agency’s draft SRAP 2.0 plan aims to establish Nigeria as a digitally empowered nation, with a focus on innovation, national prosperity, and inclusivity.

The director general of NITDA added that, if successfully implemented, this strategy could propel Nigeria into a new phase of digital empowerment and leadership in the global digital economy.


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Experts Highlight Trusted Relationships as Key Vector

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In 2023, more than 1/5 of cyberattacks persisted for over a month, the annual Kaspersky Incident Response 2023 report has revealed, with trusted relationships emerging as one of the main attack vectors in these prolonged cases.

The report draws on the results of Kaspersky’s cyberattack investigations throughout the year, gathered when supporting organisations sought incident response assistance or when hosting expert events for their internal incident response teams.

Primary reasons of organisations approaching Kaspersky Incident Response team with service requests were encrypted files (32.8% of requests), suspicious activities (31%), data leakage (20%), and also included non-authorised accesses (3%), service unavailability (3%) and money theft (1.6%).

Among initial attack vectors of the investigated incidents were exploiting public facing application (42.4%), compromised accounts and BruteForce attacks (28.8% in total), trusted relationships (6.78%), phishing (5%), insider’s activity (3.4%).

Kaspersky Incident Response 2023 report indicates that long-lasting cyberattacks that persist for more than a month constituted 21.85% of the total, increasing from 2022 by 5.55%.

One notable trend observed in these attacks was the exploitation of trusted relationships as a primary vector. Compromises leveraging trusted relationships have occurred previously, but in 2023 their frequency increased.

As this method of attack enables threat actors to infiltrate multiple victims through a single compromised organisation, investigative teams face several additional challenges. Firstly, initially targeted organisations don’t always recognise the importance of thorough investigations and may be reluctant to cooperate.

Secondly, attacks initiated through trusted relationships often require more time to progress from the initial intrusion to the final incursion phase. Therefore 50% of these attacks lasted more than a month. A similar proportion of attacks exceeding one month were exclusively registered within the insider and phishing vectors.

“Our latest findings underscore the critical role of trust in cyberattacks. In 2023 and for the first time in recent years, attacks through trusted relationships were among the three most used vectors. Half of these incidents were discovered only after a data leak had been found.

“By exploiting trusted relationships, threat actors can prolong attacks and infiltrate networks for extended periods, posing significant risks to organisations. It’s imperative for businesses to remain vigilant and prioritise security measures to safeguard against such sophisticated tactics,” comments Konstantin Sapronov, Head of Global Emergency Response Team at Kaspersky.

 


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