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New Dimension Data Service Identifies, Deals with Security Vulnerabilities

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Dimension Data, the $5.8 billion global ICT solutions and services provider has announced the availability of its Technology Lifecycle Management Assessment for Security. 

The assessment helps organizations determine which devices on their corporate network require immediate attention over other devices, based on the network location and severity.

According to Dimension Data’s 2012 Network Barometer Report, two-thirds of all corporate network devices analysed in 2011 were carrying at least one known security vulnerability. 

And of the known security vulnerabilities discovered, four of the top 10 most prevalent were new, three of which had a high severity rating.

“These statistics should be a reminder to those in IT security to identify and apply security controls consistently across their organisation, or run the risk of security breaches that can severely impact business and damage brand reputation if made public,” said Matt Gyde, Dimension Data’s Group general manager, Security Solutions.

“In some countries, non-IT executives could even be held personally liable for security breaches.  Today, barely a week goes by without a global headline featuring cybercrime, data theft or information leakage. In fact, data leaks and non-compliance now rank right up there with market crashes and natural disasters on a board of directors’ typical priority risk list. In 2011, there were 14,215 regulatory announcements affecting businesses across all industries,” he added.

Gyde cites the Sony PlayStations Network incident- dubbed the ‘data breach of all time’ – where over 77 million PlayStation Network accounts were hacked.

“What’s more startling is the fact that, of the 77 million accounts affected, 12 million had unencrypted credit card numbers.  Not to mention the millions lost while the site was down for a month,” adds Gyde. And while the hacker – Cody Kretsinger – was earlier this month sentenced to one year in prison, plus house arrest and a thousand hours of community work, the damage to the Sony brand was massive, and the harsh criticism of its faulty security continues.”

While every organisation aims to achieve a high standard of security compliance and adaptive firewall policies that best protect their IT infrastructure from insider and outsider threats, this is often difficult for clients to achieve due to the proliferation of threats in the modern-day security landscape and increased pressure around compliance.

“With this Assessment, we can help organisations to proactively plan, design, and build security architectures based on changing business demands and their appetite for risk. This will in turn provide reduced operational costs, better budget planning and a more predictable operational expenditure.”

If you answer yes to one of the statements below, your business is vulnerable to the ever-growing number of security threats:

* Your organisation has little visibility of the security configuration of network devices.
* You are concerned about the state of the firewall infrastructure.
* Your organisation has widely distributed geographic locations.
* Your organisation has recently experienced a security breach or data loss.


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FG to Create 1m Technology Jobs – Minister

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Bosun Tijani, minister for Communication, Innovation and Digital Economy, has stated that the federal government is geared towards creating about one million technology jobs for teeming Nigerian youth.

FG to Create 1m Technology Jobs – Minister

Tijani stated this at the official opening of a solar-powered community ICT center built by the National Information Technology Development Agency (NITDA) in Abeokuta, as part of activities marking the 38th Lisabi festival.

The minister emphasised the commitment of President Bola Tinubu’s administration to invest in the digital economy, driving inclusive growth and empowering the country’s teeming youth population.

“The president made it very clear when I came into office, that he will spend efforts and resources in creating one million technology jobs. So, for anybody that is following the development in the world today you will see that there’s no world without technology.

“There is a strong shortage of technology workforce all over the world, and while a lot of the developed countries have ageing population, and not giving birth to kids, in Nigeria, the average age is 16.9, so our young people are being projected to be the workforce of the future, not only for Nigeria.

“This center here is one of many. In the next two months, we are launching about 30 of them all over the country. This center will be properly animated and we will put resources into ensuring that there are courses for young people to come and take here.

“We are also going to ensure that there are job opportunities that we can connect them to and if anyone wants to follow, follow the three million Technical Talent Program which we have started already in the country”, he said.

He therefore charged the youth to remain focus, and not be discouraged, adding that there is massive employment opportunities in technology as there is no enough people to work in technology all over the world.

“If you ask anyone that works in technology, the entry salary is between N350,000 to N500,000. Technology pays really well, so instead of worrying about things being hard, they should take advantage of centers like this, empower themselves and go for the opportunities the world has to offer them”, he added.

Speaking earlier, Oba Adedotun Are, Alake and Paramount ruler of Egbaland, lauded President Tinubu for approving the centre in Abeokuta, saying that this has no doubt marked another new dawn for the people of Egbaland, given rapid growth, development, and economic empowerment of the people.


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NIPSS Projects Petrol Prices to Hit ₦750/Litre Before Year’s End!

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National Institute for Policy and Strategic Studies (NIPSS) has predicted that the price of Premium Motor Spirit (petrol) will decline as Dangote Refinery and other local refineries commence full operations.

fuel-scarcity.jpg

Speaking on Channels Television on Tuesday, April 1, NIPSS Director-General Ayo Omotayo expressed optimism that fuel prices would fall once more refineries become operational.

He projected that petrol prices could drop to around N750 per litre before the end of the year with a more stable exchange rate.

“We’re looking at it coming down as low as N750 before the end of the year. And of course, foreign exchange will still drop to about 1.3 before the end of the year, and it is going to continue like that as more of our refineries come into place.

Omotayo acknowledged the current economic hardships but insisted that the policy would benefit Nigerians in the long run.Traditional Nigerian cuisine

“The gains at this time are very little, but in the long run, we will make up for whatever sacrifices we have made today as Nigerians” he stated


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TikTok Sale Deal Expected Before April 5 Deadline – Trump

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U.S. President Donald Trump has stated that a deal for the sale of TikTok’s U.S. operations is expected to be finalized before the April 5 deadline.

TikTok Sale Deal Expected Before April 5 Deadline – Trump

U.S. President Donald Trump

The deadline, set by legislation passed in January, mandates TikTok’s Chinese parent company, ByteDance, to divest its U.S. assets or face a nationwide ban due to national security concerns.

Multiple non-Chinese firms have expressed interest in acquiring TikTok’s U.S. operations.

Private equity firm Blackstone is considering a minority investment, potentially joining existing non-Chinese shareholders such as Susquehanna International Group and General Atlantic.

In a strategic move to facilitate the sale, Trump suggested that he might consider a reduction in tariffs on China, acknowledging that Chinese regulatory approval may be required for the deal to proceed.

The White House has been actively involved in negotiations to ensure that TikTok remains operational in the U.S. while addressing national security risks.

With TikTok’s 170 million American users watching closely, the outcome of the sale is expected to have a major impact on the social media landscape and the broader tech industry.

 


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