Chima Uzoma is the current Chief Executive Officer and founding partner of Boch Systems. He is an agile and strategic Technology Executive with an excellent track record in heading diverse businesses to consistent growth and profitable outcome.
He has over 16 years practical IT experience; and has worked with several technology giants in Nigeria, including Microsoft, Technology Distribution, ICONET Group, and Imperial Business Systems; among others. He spoke to peter oluka on Boch System’s partnership with Arcon and the advantage it will bring to organizations on the Continent.
BYOD, Cloud Computing, IoT and Security Lapses
There is a future for Privileged Identity Management Solutions (PIMS) as the world embraces Internet of Things (IoT), Bring Your Own Device (BYOD), Cloud Computing or mobility in general. It means you need to have access to every of these devices. Arcon is thinking ahead like two decades from now, how are you going to manage these applications. So, IoT is creating a big market for PIMS. Now, your electronics will be talking to you, which demands the right authorized access to be able to talk back to them.
Growth of Cyber Market in Nigeria and Place of Arcon
Cyber security is the future, because technology is driving a lot of things- banking operations, communications, e-commerce and more the advent and growth of technology, the increase of the challenges like attacks. It requires a lot of awareness, and every company must be part of finding the solutions, because they need to keep their data.
Arcons is a product; when you acquire it, you have full control. The demo session shows there the administrator decides who does what and how the period you would prefer the password changes. And there are criteria to that. With regards to increased cyber attacks, if I take care of my insider threats and ensure your keys are not in the wrong hands, then, we are moving forward; by then, 70% of the threats are curbed.
Companies Should Set Cyber Security Guide for Employees
Every organization should take cyber security very serious, because it I can collapse a business and it is a high risk area. Imagine my email is hacked, by mere remembering that I wouldn’t know what the hackers are doing with the content of the email; it can lead to all manner of psychological trauma. However, we offer a solution on security and the governance; it has helped organizations to mitigate risks as much as possible.
Evolution of Policies in The Cyber Security Sub-Sector
In terms of government, I wouldn’t know what they are currently engaged on, because it has become a herculean task. But, the Financial Institutions (FIs), for instance have a lot of investments in that regards, and the telcos. Nigerians are adapting to future technology. When we opened our office in Ghana and compared both markets, we found Nigeria is far ahead. Technologies that were implemented in Nigeria, maybe two years ago, they are about to be considered in Ghana.
Boch Systems Limited
Boch Systems has a Pan-African vision to be the leader in providing information and implementation solutions in Africa. Currently, the Company is in Nigeria and has started a full-fledged operations in Ghana. Boch Systems Company Limited is a leading Systems Integration Company of choice, providing professional and high quality ICT services to our esteemed clients. We are driven by a passion to offer reliable, timely, and cost effective solutions; relying on our thoroughly skilled and dedicated workforce, supporting partners, and advanced technologies; thereby guaranteeing maximum ROI to all stakeholders.
Boch Systems creates solutions for leading organizations in all sectors of industry, commerce and government. We work with our customers to identify and create better ways of doing business – from optimizing existing tools and resources to realizing revolutionary processes.
At Boch Systems, we fully understand Lead Capital Government environment and the challenge it faces in using technology to bear on its service delivery to its staff and customers.
Partnership with Arcon
Arcon is actually bringing two things; first, advanced technology in the cyber security space. Secondly, the products are cost effective. With the situation of the country, companies are concerned about getting a quality product at the right price.
So, we signed a partnership with Arcon to represent them in the whole of Africa and deploy solutions to financial institutions and the telcos. Its flagship product- Arcon, is a Privileged Identity Management Solution (PIMS). Today, about 70% of cyber attacks that occur today are instigated from within from organizations. Most of them are caused by disgruntled staff, or staff with privileged access to company’s data. So, when access to the security protocols is compromised it affects the business. Therefore, Arcon’s solution is such that ensures your insider protocols are protected. Even if you have a third party who works with you, Arcon has a system to help organization guide against breaches. It is a time-based access guarantor into your application and shares a link on what the person actually did. So, it helps you ensure that from the inside you are fully protected.
Value Proposition of Arcon Solutions
The first value proposition: this is an advanced technology. Formerly, you have what is called Privileged Access Management Solution (PAMS), but Arcon has narrowed it down to PIMS, which entails you manage not just the access but who does what. There are features that other competitors cannot boast of. Secondly, everybody wants to buy the right product at the appropriate price. Arcon is flexible with regards to pricing. Other solutions out there tend to remain on their high horses, but Arcon is willing to come down to your level and offer you service.
In terms of customization, because the whole thing is designed by them they are ready to offer you special attention. There are connectors we constitute which other competitors with over two hundred experts, which other competitions lack. And the inhouse developers are ready to customize
Any technology driven organization requires cyber security solution, because the systems are always subject of attack- serves, networks or switches, they require access. Arcon is available to companies across sectors. For instance, a company like Jumia or Konga, the merchants go ‘in there’ to post or update values of products. Such process can lead to compromise, therefore, you require a robust solution like Arcon to monitor the processes. Aside the firewalls, they need further identity management solution to ensure even protection. Example, an insider can alert an outsider about a possible order for a pair of shoes, he goes to supply same and collect the money, thereby leveraging the investments of the e-commerce platform without making any revenue contribution to it.
Aside Arcons, Other Boch Systems’ Solutions
We are a full security technology organization, offering end-to-end solutions. We have partners who provide global enterprise firewalls relevant to banking, e-commerce, telecommunications and other industries. These firewalls are safeguards against external attacks. We also provide data access management solution. Aside giving you access, there are certain people that are not privileged users especially to unstructured data. Unstructured data seat on serves on individual systems. We have seen confidential letters or memos from government going public because it fell into the hands of unauthorized person even as an unstructured data.
Digital Marketing And Implications To Bank Customers
The future is social media and the future has gone mobile. In fact, any organistion that is not thinking about using the social media to win customers is not looking at the right direction. Today, we are talking about digital marketing. It is about utilizing the social media to create awareness. That is same thing banks are extending to customers. The beauty of it is that the more we engage on social media, the need for them to secure the networks, and also ensure the customers are left in danger of cyber attacks.