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NSA Partners Microsoft on Curbing Cybercrime Breaches

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In a renewed drive to tackle headlong the menacingly advancing cybercrime challenge in Nigeria, platforms and productivity services giant, Microsoft Nigeria on Tuesday in Abuja joined forces with the Office of the National Security Adviser (ONSA) and other industry stakeholders, to organise the first ever National Cybersecurity Capacity Building Workshop with the theme Balancing Cybersecurity Risks, Innovation and National Security.

With over N159 billion lost by Nigerians through online scam and identity theft between 2000 and 2013 as well as 2,175 websites defaced within the same period, the National Cybersecurity Capacity Building Workshop is a timely education and awareness intervention for security and law enforcement and other ICT regulatory agencies in Nigeria for enhancing the security of the country’s cyberspace so as to checkmate cybercrime promptly.

In his welcome speech at the opening of the two-day event, Major Babagana Monguno, the national security adviser, represented by Barrister. Isaac Idu, Director of Internal Security in the office said, “The cyberspace virtual global domain while dismantling barriers to commerce, is increasingly transforming our economy and security posture, creating opportunities for innovations and the means to improve general welfare of the citizens.

However, computers and the internet represent the fastest growing technology tools used by criminals to comprise sensitive data, networks and systems thereby causing extensive loss to national economies as well as posing challenging threats of cyber terrorism among nations.

Conscious of the diversity of implications of the nation’s risk exposure in cyberspace, the Federal Government as a matter of urgency, put in place cohesive measures towards addressing the emerging risks effectively.

These are: Development of the Nigeria’s National Cybersecurity Policy and Strategy documents; Establishment of the Nigeria’s Cybercrime Act 2015; Establishment of the National Cyber Monitoring Centre, i.e. the Nigeria’s National Computer Emergency Response Team (ngCERT) Operation Center; Establishment of National Computer Forensics Lab for cybercrime investigations by all security, intelligence and law enforcement agencies and Establishment of effective collaboration mechanism with international cybersecurity organizations across the globe.

Since cybersecurity had taken the dimension of global phenomena which requires concerted efforts of both the private and public strategy to tame it, Major Monguno expressed happiness that Microsoft as a key partner is aligning itself with ONSA to provide a secure online space in the country as part of efforts to ensure security strategy to secure the cyber space.

Reiterating that the workshop was part of government’s renewed measures towards safeguarding the nation’s presence in cyberspace and ensuring protection of the national critical information infrastructure, Monguno explained that the Federal Government is determined to confront the threats in the Nigerian cyberspace, uphold and support the openness of the cyberspace as well as balance security with respect to privacy and fundamental rights.

In his address, Mr. Kabelo Makwane, managing director, Microsoft Nigeria, said the partnership on the Cybersecurity Capacity Building Workshop was borne out of the desire to support ONSA, Federal Government Ministries, Departments and Agencies ( MDAs), to grow capacity with respect to global approaches to National Cybersecurity Strategy, addressing cybersecurity risks through amongst others Computer Emergency Response Team (CERT) management, security and privacy of data in the cloud, cybersecurity forensics and audit skills, global policy and legal developments, cloud computing and its benefits, growing local data hosting capabilities, in line with the new Nigerian cybercrime law, the Cybercrime Act 2015.

According to Makwane, more importantly, ONSA’s National Cybersecurity Strategy (NCSS) closely aligns with Microsoft’s ambition to provide a safe, secure and resilient online environment.

On the contribution of the National Information Technology Development Agency (NITDA) towards the protection of the Nigerian Cyberspace, Mr. Peter Jack, director-general of NITDA, said the Agency had established the NITDA’s cert.NG centre to police the cyberspace.

He added that the agency is constantly involved in critical role in capacity building through the agency’s Computer Emergency Response Team (CERT) centres established in 2014, adding, “We are also concerned and have started the Child Online Campaign.  We believe strongly in multi stakeholders strategy, as we have worked closely with ONSA in formulating the national cyber-security policy formulation and documents”.

According to him, NITDA has also concluded plans to collaborate with ONSA to develop a framework aimed at addressing child online abuse in the country. He said: “We wait eagerly to call all the stakeholders to have the Cybercrime Council inaugurated and then we can make progress.”

Noting that the time had come for multi-stakeholder’s strategy to combat all forms of cybercrimes and identity theft, Jack disclosed that of the 2,175 websites that had been defaced, 585 were actually government websites.

The workshop attracted over 100 participants drawn from the Defence Headquarters, Nigeria Police Force (NPF), The Nigerian Navy (NN), The Nigerian Army (NA), Defence Intelligence Agency (DIA), National Intelligence Agency (NIA), Economic & Financial Crime Commission (EFCC), Federal Road Safety Corps, Galaxy Back Bone and other industry stakeholders.

 

 

 

 


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Confronting the Google Monolith: Survival Strategies for Online Businesses

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By Reuben Kalu.

In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online.

From its humble beginnings as a search engine to its current status as a multifaceted tech behemoth, Google has entrenched itself deeply into the fabric of the internet.

Its influence is undeniable, its reach unparalleled, and its ubiquity seemingly inescapable. But can you truly run an online business without Google?

The answer, in today’s digital landscape, is a resounding no. You have no choice.

Google’s dominance extends across multiple facets of the online world, making it virtually impossible for businesses to thrive without engaging with its ecosystem.

From search engine optimization (SEO) to online advertising, email services to analytics, Google’s suite of products and services permeates every aspect of the online business landscape.

Attempting to operate without Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

At the heart of Google’s influence lies its search engine, the gateway through which billions of internet users navigate the vast expanse of online content. .

Google’s search algorithms wield immense power, determining which websites rank prominently in search results and which languish in obscurity.

For businesses seeking to attract organic traffic and expand their online presence, optimizing for Google’s search algorithms is not merely advisable—it’s imperative.

But Google’s influence extends far beyond search. Consider Google Ads, the company’s advertising platform that enables businesses to reach targeted audiences through paid search, display, and video advertising.

With billions of searches conducted on Google each day, Google Ads provides unparalleled reach and visibility, allowing businesses to target potential customers with pinpoint accuracy.

Attempting to compete in the online advertising arena without leveraging Google Ads is akin to entering a battle unarmed—a futile endeavor destined for failure.

 

Moreover, Google’s suite of productivity tools, including Gmail, Google Drive, and Google Workspace, has become indispensable for businesses seeking to streamline their operations and enhance collaboration.

With seamless integration across devices and platforms, Google’s productivity tools offer unparalleled convenience and efficiency, empowering businesses to work smarter, not harder.

Attempting to eschew Google’s productivity suite in favor of alternative solutions is not only impractical but also unwise, depriving businesses of the tools they need to succeed in today’s fast-paced digital landscape.

Furthermore, Google Analytics stands as the gold standard for web analytics, providing businesses with invaluable insights into their online performance and audience behavior.

From tracking website traffic and user engagement to analyzing conversion metrics and customer demographics, Google Analytics offers a comprehensive toolkit for optimizing online marketing strategies and driving business growth.

Attempting to gauge online performance without leveraging Google Analytics is akin to flying blind, devoid of the critical data needed to make informed decisions and drive meaningful results.

But perhaps the most formidable aspect of Google’s influence lies in its role as a gatekeeper of information and access.

With billions of users relying on Google’s platforms and services each day, the company wields immense control over the flow of online traffic and the dissemination of information.

For businesses seeking to connect with customers and expand their reach, Google’s dominance presents both a tremendous opportunity and a formidable challenge.

Attempting to circumvent Google’s influence and establish an online presence independent of its ecosystem is a Herculean task, fraught with uncertainty and risk.

In essence, attempting to run an online business without engaging with Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

While alternative platforms and solutions exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage. You have no choice.

In conclusion, Google’s pervasive influence permeates every aspect of the online business landscape, making it virtually impossible to escape its grasp.

From search engine optimization to online advertising, productivity tools to web analytics, Google’s ecosystem encompasses a vast array of products and services that have become indispensable for businesses seeking to succeed in the digital age.

While alternative solutions may exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage.

You have no choice.


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Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models for Fintech Startups

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As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company Limited (Hydrogen), recently partnered with the Co Creation Hub (CcHub), to host the latest edition of the Catalyst workshop in Lagos.

The discourse addressed the potential risks and opportunities for startups and saw experts advise participants on the need to develop resilient business models that would scale across different economic climes.

Moderated by Miracle Ezechi, Digital Marketing Manager, Hydrogen, the panel session addressed dominant issues about the theme: ‘Adapting Fintech Business Models to Economic Climes: Flexibility, Agility and Customer-centricity’.

Mr. Emeka Awagu, Chief Technology Officer, Hydrogen, who spoke as a panellist, addressed the issue of customer-centricity, which according to him, is key to Fintech growth.

He advised startups to listen to customer demands and understand their needs in order to develop the right solutions that will lead to long term market viability.

“Innovation is key for startup growth. However, understanding customers’ needs and change in behaviour will help any startup to innovate better.

“Startups must be flexible and agile to develop solutions with high interoperability and processing speed, and they must be ready to learn from startups that have failed,” Awagu said.

With an estimated 61.07 percent of startups failing, the participants stressed the need for prudence.

“Statistically, a staggering number of startups fail, often due to financial mismanagement. Hence, founders must prioritise understanding and maintaining a healthy the Cost-to-Earnings ratio.

“It is not just a number, but a pivotal indicator of a company’s financial health as well as being a key attractiveness determinant for investors,” Awagu added.

On his part, Ina Alogwu, the Group Director, Digital Transformation, ARM HOLDCO, who also spoke as a panellist at the session, stressed the need for startups to develop sustainable products and solutions that will help them remain competitive in an environment that is faced with harsh economic realities.

“Many startup businesses fail within their first five years, however upcoming startups should not be discouraged, rather develop a culture that will encourage them to understand the reasons for failure and learn from mistakes.

“Startups should not be too rigid with their solutions and should be ready to accept changes that will drive innovation,” Alogwu stated.

Hydrogen will be deepening its economic impact series with a webinar planned for Thursday, April 25, even as businesses across Africa continue to face an array of challenges, ranging from inflation and currency fluctuations to rising operating costs.

Themed ‘Navigating Economic Challenges: Strategies for Sustainable Growth,’ the webinar will delve into key areas critical for businesses to not only survive but thrive in the face of economic adversity. Register using this link – https://bit.ly/Hydrogenwebinar.

Esteemed panellists for this event include Taofik Odukoya, CEO, Vanguard Pharmacy, and Okechukwu Odimgbe, Chief Financial Officer, Hydrogen. The session will be moderated by Nnenna Sam-Obioha, Ecosystem Orchestrator, Hydrogen.

 


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Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

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Dexude, a leading edtech platform with operations in Nigeria, has announced that it has been awarded the prestigious Business Finland TEMPO funding.

Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

Charles Emembolu, founder of Dexude,

This significant funding injection marks a pivotal moment in Dexude’s journey towards transforming education through its AI-powered, live-first, expert-led, and community-driven platform.

The Business Finland TEMPO funding is specifically designed to support startups and SMEs aiming for international growth by building their expertise and solutions into international success stories in innovative ways.

Dexude’s commitment to innovation, coupled with its vision to enable a billion learners worldwide, aligns perfectly with the objectives of the TEMPO funding.

Commenting on this milestone achievement, Charles Emembolu, founder of Dexude, remarked, “We are incredibly honored and excited to receive the Business Finland TEMPO funding. This funding is not only a validation of Dexude’s mission to reinvent education but also a testament to the hard work and dedication of our team. With this support, we are poised to accelerate our efforts in democratizing access to quality education and empowering learners across Nigeria and beyond.”

L-r; Kelvin Chikezie, co-founder of Dexude; Kashifu Inuwa Abdullahi, Director-General/CEO of the National Information Technology Development Agency (NITDA); and Charles Emembolu, founder of Dexude

Kelvin Chikezie, co-founder of Dexude, added, “Securing the Business Finland TEMPO funding is a significant milestone for Dexude. It underscores our commitment to leveraging technology and innovation to revolutionize the way people learn and grow. We are grateful to Business Finland for believing in our vision, and we are excited to embark on this next chapter of Dexude’s journey.”

Dexude is on a mission to redefine education by providing learners with access to influential experts and thought leaders, live interactions, and a vibrant community-driven learning experience.

Through its platform, Dexude aims to break down barriers to learning and empower individuals to pursue their passions and unlock their full potential.

 

 

 

 


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