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Telecom

Illegal SIM Swaps, USSD are Top Cyber Threats in Nigeria – NCC

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Nigerian Communications Commission (NCC) has raised concerns on the reoccurring use of illegal Subscriber Identification Module (SIM) swaps and Unstructured Supplementary Service Data (USSD) to commit financial frauds in the country.

Illegal SIM Swaps, USSD are Top Cyber Threats in Nigeria - NCC

SIM cards

Adeleke Adewolu, executive commissioner, Stakeholder Management (ECSM) of the NCC said the Central Bank of Nigeria (CBN) had also acknowledged this threat, describing electronic fraud as the biggest risk in the financial sector.

According to information made available on the official website of NCC, the use of e-channels to conduct financial transactions has become the order of the day.

The Commission called for intensified regulatory efforts to protect the interests of telecoms consumers from the menace.

“Illegal Subscriber Identification Module (SIM) swaps and Unstructured Supplementary Service Data (USSD) e-payment frauds, are currently some of the most serious cyber threat in the telecoms industry,” Adewolu said.

“Fraudsters conduct illegal SIM swap of targeted individuals and then, conduct USSD-based transactions which cost the victims huge losses.”

Speaking on the several tactics that fraudsters deploy, he shared insights that the telecoms sector is no longer immune to the scourge, as attackers now target telecoms networks with the intent to disrupt service delivery and infiltrate their data banks.

In May 2017, Godwin Emefiele, the CBN Governor disclosed that the Nigerian banks lost N2.19 billion to fraudsters in 2016. The amount was credited to 19, 531 fraud cases as against 10, 743 reported cases in the preceding year.

Far worse is the report of how the Nigerian banks lost N12.06 billion in the first six month of 2018 to fraud.

However, Adewolu restated the commitment of the regulatory commission to deal with the menace.

He said the NCC has been working closely with other stakeholders to implement technical and operational solutions to preventing financial fraud using telecoms platforms.

“Just as we have demonstrated through ICAF, the NCC has embraced a multi-sectoral synergy to harmonise the activities of critical stakeholders responsible for combating financial fraud committed through telecoms platforms and we will continue to strengthen this,” Adewolu said.

 


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Telecom

Telcos Plan Zero Tariff in Some Regions with Low Opex

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Association of Licensed Telecommunications Operators of Nigeria (ALTON) is planning to encourage geo-political regions that grants zero charges for ‘Right of Way’ approvals as well not implementing arbitrary charges on telecommunications base stations in their regions with zero tariff.

Engr. Gbenga Adebayo, chairman, ALTON disclosed this to Nigeria CommunincationsWeek against the backdrop of incessant closure of base stations in some states.

He said that operators believe that the way out of this arbitrary charges and high cost of RoW approvals is regional tariffs.

“Operators are advocating for a regional tariff which means that geographical regions of Nigeria where cost of doing business for telecommunications operators is extremely high will attract high tariff compared to regions where there is low operating cost.

“Our advocacy of regional tariff is not based on a particular state but on regions. As at today there are regions where we have zero cost of “Right of Way” and low cost of doing business. Tariffs should reflect on operating environment. This means that national rate plan should consider high and low cost of doing business.

“If this is implemented, in a long run we could witness some regions having zero tariff because operational cost in such regions are friendly to operators,” he said.

It would be recalled that Kogi State recently shut down some operators’ base stations on account of local levies which raises the call for discriminatory tariff among geographical locations.

 


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Telecom

AVEVA appoints Sébastien Ory as EMEA VP Partners & Channels

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AVEVA, a global leader in industrial software driving digital transformation and sustainability in industries, today announces the appointment of Sébastien Ory, 48, as EMEA VP in charge of the partner and distributor network. VP of AVEVA Southern Europe since 2022 and President of AVEVA France since 2023, Sébastien now replaces Karine Calvet while remaining President of AVEVA France.

Sébastien Ory as EMEA VP Partners & Channels, AVEVA

In this new role, he will oversee the relationships with the various stakeholders involved in the distribution of AVEVA software and will have direct responsibility for more than forty employees spread across the EMEA region. Sébastien Ory will report directly to Jesus Hernandez, the new SVP of the EMEA region, who replaces Evgeny Fedotov, now CCO of RIB.

More than 18-year career in the industry

A graduate of the Ecole Polytechnique de Paris and the Institut National de l’Aéronautique (ISAE-SupAero) in Toulouse, Sebastien Ory is an active advocate for driving sustainable progress in the industrial sector.

He began his career at France Telecom as a sales manager where he stayed for 4 years before giving a more industrial dimension to his career.

With fifteen years of experience in the industrial automation industry, Sebastien Ory has developed a strategic understanding of this field. After 10 years in Schneider Electric’s industrial automation business, he led the global industrial software business development team for Schneider Electric Software from 2015 to 2018, with a particular focus on the water, power generation, mining and food industries. During these 3 years, the introduction of new software solutions will allow Schneider Electric Software to initiate and develop significant growth areas.

7 years at AVEVA

In 2018, Sébastien joined AVEVA as Vice President of the Southeast Asia region, leading a team of 200 talents in charge of delivering cloud-based industrial analytics and AI software. In addition to the growing developing the teams he leads from the Singapore headquarters, part of his energy is devoted to establishing direct engagement with leaders of major groups in the region such as Petronas, Pertamina, PTT, Wilmar and Olam, to stimulate their digital transformation initiatives.

In 2022, he took over the leadership of AVEVA’s activities in Southern Europe, a major industrial market for the company, whose customers, world leaders in the fields of Energy, Chemicals, Agri-food, Pharmaceuticals and Water, are looking for AVEVA’s expertise to accelerate and drive their digital transformation and sustainability strategies, as well as their energy transition projects. The changes he brings to the organization of the sales team are bearing fruit and allow AVEVA to acquire new customers while consolidating key accounts. As Sebastien transitions to the role of VP EMEA Partners & Channels, Dominique Bazin becomes the new Vice President of AVEVA Southern Europe.

EMEA VP Partners & Channels: a highly strategic position within AVEVA

Sébastien now holds the position of Vice President in charge of the Partners and Channels for AVEVA in Europe, Middle East and Africa, a major market for the company. His main mission is to design and implement a strategy for the growth of indirect sales, through a network of partners and strong alliances with Digital Services Companies (DSCs), AI platform providers and independent software vendors (ISVs) whose solutions are compatible with the CONNECT platform.


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Telecom

FCCPC Warns Meta: Quitting Nigeria Won’t Erase Legal Liabilities

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Federal Competition and Consumer Protection Commission (FCCPC) has hit back at Meta Platforms Inc, warning the tech giant that its threat to exit Nigeria will not erase its legal responsibilities or liabilities under the Nigerian law.

Meta said earlier today, May 3, that it “may be forced to effectively shut down the Facebook and Instagram services in Nigeria in order to mitigate the risk of enforcement measures.”

Meta’s warning came after it lost a legal bid last week to overturn a ₦220 million fine imposed by the FCCPC for violations of data protection and consumer rights laws.

Reacting to Meta’s threat, FCCPC, in a statement on Saturday, May 3, described Meta’s statement as “a calculated” move aimed at “inducing negative public reaction and potentially pressuring the FCCPC to reconsider its decision.”

FCCPC said that Meta threatening to leave Nigeria does not absolve the company of liabilities for the outcome of a judicial process.

“These infringements included denying Nigerians the right to control their personal data, transferring and sharing Nigerian user data without authorisation, discriminating against Nigerian users compared to users in other jurisdictions and abusing their dominant market position by forcing unfair privacy policies,” FCCPC wrote on X.

“Interestingly, Meta had been fined for similar breaches in Texas ($1.5b) and only recently was asked to pay $1.3 Billion for violating E.U. Data Privacy Rules.

Elsewhere in India, South Korea, France and Australia, Meta had faced varying penalties for similar breaches. But Meta never resorted to the blackmail of threatening to exit those countries. They obeyed.”

 


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