The UK Government through its Africa Technology and Innovation Partnership (ATIP) programme and the UK-Nigeria Tech Hub has expressed its commitment to supporting the Nigeria Start-up Bill (NSB); a joint initiative by Nigeria’s Tech Ecosystem and the Presidency, driven by the Ministry of Communications and Digital Economy. ‘We are really excited to be supporting this collaborative process. Nigeria has shown so much growth and potential in the start-up space and it is impressive to see both governments and that the ecosystem co-creating laws that will further boost its growth, as consensus builds trust and responsibility which are key ingredients needed…
Author: ITPulse
Education has been identified as the ultimate route to escape poverty. It is widely held that if you attend school, graduate, and get a lucrative job, your economic status will automatically be boosted or improved. This is still the case in today’s competitive world. However, it is hugely dependent on the nature or type of education you are receiving. Sadly, the type of education delivered to African students and many other developing nations can not get them out of poverty. This is why we have millions of young graduates out there that are not employable. The World Bank reports that…
The National Information Technology Development Agency (NITDA) has given six preventive measures following the Apple Patches Security Flaw in the iOS versions – 14.4 & 14.6, which affects all Apple devices. NITDA, in a statement signed by its Head, Corporate Affairs and External Relations Unit, Mrs. Hadiza Umar, advised all Apple products to immediately update their iOS devices with the latest patches iOS 14.8. It also urged all users to follow these six steps to update iOS: Plug your device into power and connect to the internet with Wi-Fi Go to Settings > General, then tap Software Update. Tap Install Now.…
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…
