The “The State of Ransomware in Retail 2023,” survey carried out by Sophos has revealed that only 26 percent of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted, noting that retail organizations attacked by ransomware were increasingly unable to halt an attack in progress. According to the survey findings, this is a three-year low for the sector—a decline from 34% in 2021 and 28% in 2022—suggesting the sector is increasingly unable to halt ransomware attacks already in progress. “Retailers are losing ground in the battle against ransomware. Ransomware criminals have been…
Author: ITPulse
With 889 million and 607 million followers respectively, Cristiano Ronaldo of Portugal and Lionel Messi of Argentina led all other top global soccer players in terms of their combined followership on Instagram, Facebook and X (formerly called Twitter), as of November 7, 2023. These are some of the facts contained in a compilation of the social media followers of the leading global soccer players who must not be older than 45 years as of September 30, 2023, and who must play for the national team of a member-country of any of the six FIFA continental soccer federations: AFC (Asia), CAF…
Education Innovation As technology continues to evolve and innovate, there have been significant improvements in the field of education. The integration of technology in education has brought about numerous benefits. This includes promoting engagement, offering personalized learning experiences, broadening access to educational opportunities, and overcoming technological challenges. This innovation has made real project learning accessible and convenient, even for individuals who may have time constraints and are unable to commute to a physical educational institution. However, despite the many benefits of technology in education, some disadvantages need to be considered. For example, the use of cell phones or tablets during…
The Cohort 2 Coursera Programme organized by the National Information Technology Development Agency (NITDA), has seen ten Nigerians who are classified as outstanding learners get laptops. The laptops were presented to the ten outstanding learners, who are also the first to complete their professional certification by Dr. Amina Sambo-Magaji, the representative of the Director-General of NITDA, Mal. Kashifu Inuwa. Dr Amina Sambo-Magaji, the Director-General congratulated the beneficiaries and commended them for surpassing expectations, creatively utilising the knowledge gained during the training and performing excellently. According to her, the promise of giving laptops as prizes to winners was to encourage healthy…
In a bid to deploy existing technical competencies and other resources to improve agro allied-industries development targets, climate change mitigations and smart solar irrigation aimed at dry-season farming, the National Agency for Science and Engineering Infrastructure (NASENI) has sealed a deal with the Federal Ministry of Agriculture and Food Security. The nascent collaboration between NASENI and Agric Ministry is aimed at enhancing the focus and deliverables toward the achievement of the Renewed Hope Agenda by the President Bola Ahmed Tinubu administration. At the meeting in which the deal was sealed for the collaboration, the trio of the Minister of Agriculture…
Preventing financial crimes and mitigating the risks associated with virtual assets in the financial markets rely majorly on the robustness of the Information and Communications Technology systems that are available. This is the assertion of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida. Dr. Aminu asserted this at the 11th Anniversary Lecture Series of RealNews Magazine in Lagos. He was represented at the forum by the NCC’s Director of Public Affairs, Reuben Muoka. According to him, financial crimes as “criminal activities that involve transactions, abuse, misuse, deception, or manipulation of financial systems for personal gain,…
Data presented by OnlyAccount has shown that the amount of money advertisers have to pay to have their ads viewed by a thousand potential customers, (cost-per-mille (CPM) of social media ads) has significantly dropped by 30 percent year-over-year. This is even as figures have shown that over the past five years, brands and companies have spent $800bn on social media ads, with two-thirds of Gen Zers and almost half of Millennials making purchasing decisions based on social media ads, it’s no wonder they keep pouring money into this type of advertising. “The average cost-per-mille of social media ads has dropped…
The Chief Executive Officer of Redbubbles Events Limited, Bolifish PHC Enterprises and K2 Sparkles Enterprises, Ladi Osadebe in this interaction speaks about her business empire, the many challenges of doing business in Nigeria and how she has been able to surmount these challenges. Who is Ladi Osadebe? I am a graduate of Estate Management from the Abubakar Tafawa Balewa University, Bauchi and hold a certificate in Event Management from the New York Institute of Art and Design. I worked in the construction and facility management firms in Nigeria before moving on to found Redbubbles Events Limited in 2010. The company…
Hyper-personalization has revolutionized customer engagement by tailoring experiences through data analysis and thus enhancing the Customer Experience (CX) – from in-store to in-app – by enabling retailers to create immersive encounters aligned with preferences. However, despite market research showing that well-suited messages can make or break a brand’s image, with more than 60% of surveyed online shoppers stating that brands delivering non-personalized content would lose their loyalty, only a small percentage of retailers currently use hyper-personalization at all. Thus, with the shopping season about to come into full swing with Black Friday next month and the festive season thereafter, many…
Speed is no longer a nicety of the digital economy; it is the foundation of competitiveness. A millisecond separates a profitable financial transaction from a missed opportunity, the difference between whether a shopper successfully purchases something online, or whether a global communications platform is seamless or stuttering. Engineering to milliseconds is not a performance technology challenge; it is a matter of developing systems that will be able to respond to the demands of an economy where economies, industries, and lives are all being framed by digital responsiveness. Latency optimization is central to this practice. Every request across a distributed system,…
