Telecom
Sophos to Host Webinar on How Companies Can Optimise Cybersecurity Insurance
Sophos, a global leader in next-generation cybersecurity, has scheduled its first webinar in 2022 on how companies can effectively optimize their cybersecurity insurance.
Cyber insurance is a form of cover designed to protect your business from threats in the digital age, such as data breaches or malicious cyber hacks on work computer systems.
The webinar themed “What you can do to optimize your cyber insurance” is scheduled to hold on Thursday, January 20, 2022, from 3:00 PM – 4:00 PM GMT.
Announcing webinar on Friday, Sophos said the cyber insurance market is changing fast while premiums are going up rapidly and many organizations are finding it tougher to even get coverage.
According to reports, “organizations are facing top business risks such as cyber-attacks, and nearly every company, large or small, and in every industry are vulnerable. However, cyber insurance generally covers your business’s liability for a data breach involving sensitive customer information”.
Security Magazine reported “more than two-thirds (67 percent) of companies with fewer than 1,000 employees have experienced a cyberattack, and 58 percent have experienced a breach.” Many of these businesses never reopened after they were hit by a cyber attack.
Sophos implored organizations to participate in the webinar to get market insights and practical advice in helping businesses optimize their cyber insurance position.
According to the company, the webinar will cover – How and why the cyber insurance market is changing; the realities of cyber insurance based on Sophos’s survey of 5,000 IT decision-makers.
Continuing, the practical steps organizations can take now that will help them get cyber insurance cover in 2022 and minimize the cost, as well as introducing the Sophos technologies and services that can help to support cyber insurance needs.
Register here – https://attendee.gotowebinar.com/register/6019733123467829516?source=TechEconomyNGMEA
Telecom
Celebrating African Creativity: Made by Africa, Loved by the World’ Returns for Its Fifth Year
The “Made by Africa, Loved by the World” campaign is back for its fifth year, celebrating African creativity and global influence. This year’s theme, “Where Culture Meets Connection,” highlights how social media fosters conversations around cultural moments worldwide.
The campaign features three cinematic films premiering on the Meta Africa page, showcasing the groundbreaking work and personal stories of six dynamic African creatives.
These artists, from Nigeria, Kenya, Ghana, and South Africa, represent diverse disciplines, including rap, animation, dance, photography, fashion, and videography.
Here are some of the featured talents:
- Ladipoe (Nigeria) – A BET-nominated rapper known for blending global hip-hop with African rhythms.
- Fatboy Animations (Kenya) – An animation studio founded by Michael Muthiga, recognized by Forbes for its original African storytelling.
- Lisa Quama (Ghana) – A dancer who gained fame after appearing in Beyoncé’s “Already” music video.
- Gilbert Asante (Ghana) – A photographer and creative director featured in GQ and Glam Africa.
- David Tlale (South Africa) – A fashion designer whose bold designs have been showcased at major fashion events, including the Met Gala.
- Ofentse Mwase (South Africa) – A filmmaker with over 24 international awards for his unique visual storytelling.
Kezia Anim-Addo, Communications Director for Africa, Middle East & Turkey, emphasized that the campaign not only celebrates individual success stories but also showcases how culture and social media drive meaningful connections and inspiration.
Association of Telecommunications Companies of Nigeria (ATCON), has raised the alarm over a diesel supply crisis caused by an ongoing strike by the National Union of Petroleum and Natural Gas Workers (NUPENG).
Mr Tony Emoekpere, president, ATCON in a statement said that the fuel supply disruption is critically affecting telecom base stations, pushing them to the brink of a shutdown and threatening millions of mobile and internet users in the region.
“This strike, which stems from the persistent harassment of tanker and petroleum product drivers by police officers in Lagos State, has effectively halted all truck loading operations and fuel movements,” Emoekpere stated.
He explained that diesel supply to telecom infrastructure has been severely impacted, leaving critical sites with dangerously low fuel levels.
According to him, if urgent measures are not taken, the situation could escalate into a full-blown network blackout, disrupting essential services, including mobile and internet access, business operations, emergency response systems, and daily communications.
ATCON has called on the governors of Lagos and Ogun states to intervene immediately by facilitating the release of diesel from depots to telecom operators to prevent further deterioration of the situation.
“This is not just a telecom issue—it is a national emergency that could cripple economic activities and compromise public safety,” Emoekpere stressed.
The association also appealed to security agencies and petroleum unions to resolve the crisis swiftly to safeguard Nigeria’s connectivity and economic stability.
ATCON emphasised that a prolonged disruption in fuel supply to telecom infrastructure could have far-reaching consequences for both businesses and individuals who rely on stable communication networks for daily operations.
In 2023, Nigerians spent a total of about ₦5.3 trillion on telecommunications services, which includes calls, data, SMS, and other telecom services, according to the Leadership.
Specifically for voice calls, Nigerians made approximately 408.5 billion minutes of local calls, generating around ₦3.28 trillion from outgoing calls and ₦3.23 trillion from incoming calls, totaling about ₦6.51 trillion in call-related revenue according to projections based on 2023 call volumes and tariff data.
However, the ₦5.3 trillion figure represents the overall telecom sector revenue, with voice calls being a major component but also including data and other services.
For individual spending, MTN subscribers spent an average of ₦2,508 monthly on voice calls in 2023, showing a 14.4% increase from 2022, while Airtel customers spent about ₦1,694 monthly on voice calls.
Total telecom spending (calls, data, SMS, etc.): ₦5.3 trillion in 2023
Estimated revenue from voice calls alone: around ₦6.5 trillion based on call minutes and tariffs
Average monthly spending on calls per subscriber: ₦1,694 to ₦2,508 depending on the network
Toll Collection on Lagos-Calabar Highway Begins December
NGX Clears Fidelity Bank MD of Insider Trading Allegations
CBN Introduces AML to Fight Financial Terrorism, Gives Banks Deadline
Peter Obi Denies Secret Meeting with Tinubu over Fidelity Bank
Luft Pay TV Launches in Lagos, Promises to Revolutionize Entertainment
E-Financial2 days agoCBN Introduces AML to Fight Financial Terrorism, Gives Banks Deadline
Telecom2 days agoCelebrating African Creativity: Made by Africa, Loved by the World’ Returns for Its Fifth Year
E-Financial2 days agoPeter Obi Denies Secret Meeting with Tinubu over Fidelity Bank
E-Business2 days agoINEC Sets Up AI Division to Strengthen Electoral System
Broadcasting2 days agoLuft Pay TV Launches in Lagos, Promises to Revolutionize Entertainment
E-Financial2 days agoFidelity Bank’s N10.5tr assets base reinforces stakeholders’ confidence -Insiders bid for more equity stakes
General News2 days agoOver 250,000 Cyberattacks Disguised as Anime – Report
E-Financial2 days agoPremiumTrust Bank Reassures Customers of Continued Security after Cyberattack Foil