Author: ITPulse

The State of Ransomware 2022 global survey, which was conducted by Sophos, a global leader in next-generation cybersecurity, covers ransomware incidents experienced during 2021, as well as related cyber insurance issues from the Nigerian respondents. Four main findings from Nigeria’s perspective are: ·         More victims are paying the ransom – In 2021, 44% of organizations that had data encrypted in a ransomware attack paid the ransom. ·         The impact of a ransomware attack can be immense – The average cost to recover from the most recent ransomware attack in 2021 was US$3.43 million. It took on average one month to…

The Director of Trade Promotions at the Lagos Chamber of Commerce and Industry (LCCI), Seriki Oyediran has described the Nigerian Communications Commission (NCC) as a partner in progress in ensuring Nigeria succeeds in its Digital Infrastructure pursuit. Seriki Oyediran, while seeking NCC’s participation in the 8th Edition of the Information Communication Technology and Telecommunication (ICTEL) Expo focusing on “Ensuring Efficient Digital Infrastructure in Nigeria”, being organised by the Chamber, believes that the Commission’s participation in the past added colour, focus, clarity, and ensured the success of previous events. “We are here to seek your partnership to enable us to record…

Nigeria’s premier banking institution, Firstbank has been recognised with two awards for promoting financial inclusion in Nigeria at the International Investor Awards 2022. The two awards are Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria According to the organisers of the award, FirstBank was recognised for its leadership role in promoting financial inclusion in Nigeria which has been integral to improving lives and stimulating businesses of individuals across the country. Commenting, Ms Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications First Bank of Nigeria Limited said: “We thank International Investor Awards for the recognition, whilst dedicating these…

South Africa-based Dis-Chem Pharmacies has adduced reasons why it decided to engage Clickatell, one of the leading CPaaS innovators and Chat Commerce service providers to enable Whatsapp as its customer communication channel with its customers being serviced by over 250 stores. According to Lynne Blignaut, Head of Loyalty & Customer Rewards at Dis-Chem, Dis-Chem customers can now quickly and easily access various services through WhatsApp by sending “Hi” to 0860 347 243, explaining that the easy to navigate menu then allows shoppers to choose which action they want to perform. “Clickatell’s close relationship with Meta as an enterprise Business Service…

Konga, Nigeria’s leading composite e-commerce giant, is set to host its annual Tech Week promotion, widely regarded as the biggest tech sale in the Nigerian shopping calendar from Monday, May 9 to Friday, May 20, 2022. The highly anticipated promotion will offer shoppers the best prices and unmatched deals across various product categories including Mobile Phones, Computing – Laptops, Desktops & Monitors, Printers and Scanners, PC Gaming, Computer Accessories, etc., as well as a wide range of Electronics and Home & Kitchen products, among others. Meanwhile, excitement is bound to hit a fever pitch among savvy shoppers and bargain hunters…

What happens when we forget our website passwords and need to reset them? We click the ‘forgot your password?’ link, which triggers the reset process. Almost always, that action sends reset instructions to our emails. But how safe is our information on email platforms – particularly when the service is being offered at zero charges to its users? Cybercrime is at an all-time high, and emails are especially susceptible to security breaches. Email is increasingly becoming the central hub for all our online activities, including password resets, payment and billing information, and personal data. But our reliance on email services…

Numbers presented by SafeBettingSite have shown that China is the current leader in the eCommerce industry and will stay as the leader at least up until 2025, as the Chinese eCommerce industry will produce $1626 billion in yearly revenue by 2025. In 2021, the annual income of the Chinese eCommerce industry stood at $1368 billion, even as the United States has been playing catch-up with China regarding the eCommerce industry to reach $1365B in 2025. According to the data available on Statista, the United States eCommerce industry accounted for $799.7B in 2021. However, the US eCommerce industry will witness rapid…

There are Seventy-eight licensees are currently operating in competition in the colocation and infrastructure sharing (CIS) segment of the Nigerian telecommunications sector, the Nigerian Communications Commission (NCC) has revealed. This is important and needs strengthening to enhance competition in the sector in view of the critical role played by the colocation and infrastructure sharing segment of the telecom ecosystem in ensuring robust services. Thus, to have insightful and evidenced-based facts to glean the dynamics at play and ensure the continuous growth of the CIS segment of the telecom market, the Commission has hired the services of Price Waterhouse Cooper (PwC),…

The Divisional CEO at ipNX Nigeria, Segun Okuneye has stated that Nigeria requires additional 167,000 kilometers of fibre infrastructure to fulfill its target of fifth-generation network and ubiquitous broadband. “Nigeria needs between 120,000 to 167,000 km of fibre infrastructure, in addition to the existing 55,000 km to meet the current broadband targets and those of the future with advanced connectivity such as the fifth-generation network,” he said. Okuneye, who made this submission recently while addressing telecoms stakeholders at a forum dedicated to the National Policy on the Fifth Generation Network for Nigeria’s Digital Economy, which ipNX co-sponsored, also noted that…

​The International Telecommunication Union (ITU) will join the rest of the world to celebrate International Girls in ICT Day, which is observed annually during the last week of April. According to the ITU, it will focus on ‘Access and Safety’ as key elements to engage the next generation with information and communication technology (ICT), even as this year’s theme reflects the world’s shared interest in empowering youth and girls to safely benefit from active digital life. ITU recognizes the need to ensure girls and women enjoy equal access to digital learning opportunities, particularly in the least developed countries. According to…