Author: ITPulse

The federal government through the Ministry of Youths and Sports development has sealed a deal with Konga, Nigeria’s based composite e-commerce giant to help address the country’s unemployment quagmire. Speaking during the signing of the Memorandum of Understanding (MoU) to seal the partnership in Abuja, the Minister of Youths and Sports Development, Hon. Sunday Dare said the Ministry of Youths and Sports are of the view that public-private partnerships remain the way forward when it comes to the onerous task of creating opportunities for the youths. He noted that this belief has come to the fore with the advent of…

Sophos Group, a UK company primarily focused on providing security software in conjunction with TechEconomy.ng has announced September 23, 2023 (10.00 AM WAT) as the date for the ‘State of Ransomware’ webinar. A snippet of Sophos’ report shows that Ransomware attacks have doubled since the first half of the year and are targeting over 50% of organizations globally. According to the organizers, the webinar will explore: Which countries and industries are most affected by ransomware; how often attackers successfully encrypt their victims’ data; the financial cost of ransomware, including the actual ransoms paid; the crucial information attackers omit when issuing ransom demands.…

Sophos has announced the findings of its global survey, “Phishing Insights 2021,” which reveals that phishing attacks targeting organizations ramped up considerably during the pandemic, as millions of employees working from home became a prime target for cybercriminals. The majority (66%) of IT teams in Nigeria said the number of phishing emails targeting their employees increased during 2020. “Phishing has been around for over 25 years and remains an effective cyberattack technique. One of the reasons for its success is its ability to continuously evolve and diversify, tailoring attacks to topical issues or concerns, such as the pandemic, and playing on…

Data presented by Burga indicates that consumers globally spent $3.23 billion in social applications during the first half of 2021, a 50 percent increase compared to the same period last year. This is an indication that consumers are increasingly spending more in social apps as they utilize some of the innovative features introduced by players in the industry. Between the period Burga presented, Q1 2021 represented the highest spending at $1.62 billion. During Q1 2020, the spending was at $0.98 billion, growing to $1.17 billion in Q2 2020. The data on spending is a combination of apps both on the iOS…

New data presented by Wette, has indicated that the Software as a Service (SaaS) segment of public cloud services known as Cloud Application Services are set to make close to half a trillion dollars next year, making them the largest contributor to cloud spending’s total revenue and is projected for a bright next few years. According to data, public cloud application SaaS end-user spending will reach $145.5B in 2021 and is expected to experience a compound annual growth rate of (CAGR) of 19.34% from 2020-2022. “Cloud services have become ubiquitous in the global economy with its usage seen in many…

As Cybercriminals have become even savvier with their tactics, embracing more sophisticated technology to lure people into clicking on things they should not, cybersecurity and anti-virus providers like Kaspersky are also thinking and providing tips on how to avoid the antics of cybercriminals. In recently released figures, where it noted that South Africa, Kenya and Nigeria respectively recorded 48 percent, 17percent and 13 percent decline in the number of phishing attacks, Kaspersky advised that in addition to installing relevant cybersecurity solutions, individuals and businesses must consider the following tips to protect themselves against spam email and phishing. The six tips,…

Compared to the same period in 2020, Nigeria has recorded a 13 percent decline in the number of phishing attacks recorded and blocked by Kaspersky for the first half of this year. South Africa and Kenya also recorded a 17% and 48% decline respectively. The decline, according to Kaspersky does suggest and support research trends – that cybercriminals have become more targeted, focusing their efforts on advanced persistent threat (APT) campaigns in Africa – the phishing threat is still very prevalent. “This decrease is in line with global trends and supports the decline that Kaspersky research identified happening through the…

The Minister of Communications and Digital Economy, Prof. Isa Pantami has tasked the Nigerian Communications Commission (NCC) to prepare for immediate and effective implementation of the Fifth Generation (5G) Network policy, which was approved by the Federal Executive Council (FEC), Wednesday last week. This task was given, when the Management of NCC, led by its Executive Vice Chairman, Prof. Umar Danbatta, paid the Minister a courtesy visit in his office at the Communications and Digital Economy Complex, Mbora, Abuja. According to a statement quoting Pantami, which was signed by the Director of Public Affairs at NCC, Dr. Ikechukwu Adinde, the…

Amb. Segun Olugbile has been appointed to chair an 8-man committee set up by the Abuja Chamber of Commerce and Industry (ACCI) to review the National Information Technology Development Agency’s (NITDA) Digital Economy Bill. The essence of the committee, according to a statement issued by Mrs. Olayemi John-Mensah, Media/Strategy Officer, ACCI, is to collate ICT stakeholders’ contributions and properly review the Bill and generate actions and recommendations to be submitted in two weeks. According to ACCI, the new NITDA Bill had been generating controversies targeted at stifling the tech sector in the country, hence the need for a review, adding…

Kaspersky has updated the Kaspersky Endpoint Security for Linux and Kaspersky Security Center management console, which are in the family of the Hybrid Cloud Security protection solution for virtualization and cloud environments. The new version of Kaspersky Endpoint Security for Linux hardens defenses from exploits and ransomware attacks. It also extends protection for DevOps with support for new containerisation environments and more native delivery of protection mechanisms for Docker containers. The Kaspersky Security Center Cloud Console now works with public cloud platforms to enable more convenient management of cloud workload protection. The update is hinged on the fact that dedicated…