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Pantami Receive Global Winners from LEAP 2023 Rocket Fuel Pitch Startup Competition in Riyadh

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Amidst applause and accolades, the Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami), received the Global Winners in different categories of the LEAP 2023 Rocket Fuel Pitch Startup Competition, WICRYPT by Aronu Ugochukwu and RICE AFRIKA by Maigari Ahmadu.

The Winner of the New World Award category, WICRYPT is a decentralized internet-sharing and monetizing Network which gives everyone the power to become a micro-ISP.

While the winner of the Tech for Humanity category, RiceAfrika, is a tech-driven agriculture optimization service provider in Africa, which provides a platform that connects smallholder farmers in Africa.

While meeting with the Startups, Prof Pantami said that Nigeria is passionate about innovation which is why she developed the Startup Act.

He stated that the challenge of unemployment, underemployment, and un-employability can only be addressed by promoting our digital innovation and digital entrepreneurship.

“We are more interested in supporting job providers than only supporting job seekers that can even hardly do the work even if they are employed,” he said.

He appreciated President Muhammadu Buhari, GCFR, for approving Nigeria to be part of a Digital Cooperation Organization (DCO). He went further to appreciate the DCO for the full sponsorship of Nigeria’s participation at the event.

“Many countries are contributing, but due to some challenges of funding, we are yet to make any contribution, but DCO sponsored 16 Nigerian Startups to attend the event without a single kobo from us by providing air tickets, accommodation, and everything for them,” Prof Pantami said.

“I want to also commend the National Information Technology Development Agency, particularly the management led by Kashifu Inuwa, for coordinating the event actively on our behalf and for making all our delegates and our startups to be very comfortable,” he said.

The Honourable Minister added, “I also commend the Kingdom of Saudi Arabia through the Minister in Charge of Communications and Information Technology, His Excellency, Engr. Abdullah bin Amer Alswaha, for inviting Nigeria to attend the LEAP 2023.

Kashifu Inuwa CCIE, the Director General, National Information Technology Development Agency (NITDA), while officially presenting the 2 Nigerian Startups that won the cash price of $150,000 each to the Honourable Minister who led the Nigerian delegation to the LEAP 2023 Tech Event in Riyadh, Saudi Arabia, said that, based on the directive of the Honourable Minister, NITDA coordinated the participation of the startups through its subsidiary Office for Nigerian Digital Innovation (ONDI).

“We worked with them, we guided them, and we were there with them throughout the competition,” he stated.

“Out of the six categories, Nigeria took two, which accounts means almost 33.3 percent of the participants,” he said.

Inuwa said that out of the 220, eight startups from Nigeria were selected. He said in the first round 90 were selected to participate in the semi-final with all eight Nigerian Startups making the shortlist.

Out of the 90, 12 were qualified to move to the final stage and out of the 12 startups, three were from Nigeria. This he said included WICRYPT, under the Into the New World Award category, and the Rise Africa Technology under the Tech for Humanity, and Scholar Limited.

The Winners appreciated the Ministry and NITDA for the platform given to them to blossom and for pushing young people to  explore their talents.


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Nigeria Targeted with 4,622 Cyber-attacks Per Week in December 2025

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In December 2025, organisations globally faced sustained cyber pressure, as the average number of cyber-attacks per organisation per week reached 2 027, a 1% increase from the previous month and a 9% increase from December 2024.

This is according to December 2025 Global Cyber Attack Statistics by Check Point Research, the threat intelligence arm of Check Point Software Technologies.

According to the statistics, Latin America was the hardest hit, with companies experiencing an average of 3 065 cyber-attacks per week, a 26% year-over-year increase.

In contrast, Africa saw a decline in attacks, with Nigeria (4 622 attacks per week) and Angola (4 002 attacks per week) being the most targeted countries on the continent.

The report’s findings highlight the evolving cyber threat landscape, with ransomware and GenAI-driven data risks posing significant challenges to companies worldwide.

Ransomware attacks jumped 60% year over year, with 945 publicly reported incidents in December. Qilin was the most active ransomware operator, responsible for 18% of publicly disclosed attacks.

“Ransomware continues to scale through industrialised operations, while unmanaged GenAI usage is creating widespread data exposure at enterprise level,” said Omer Dembinsky, data research manager at Check Point Research.

The report noted the education sector was the most targeted industry globally, with 4 349 cyber attacks per week; followed by government (2 666 attacks per week); and associations and non-profits (2 509 attacks per week).

The widespread adoption of GenAI tools has introduced new cyber security risks, with one in 27 GenAI prompts posing a high risk of sensitive data leakage.

Experts warn that companies must prioritise prevention-first security, real-time AI threat intelligence and strong governance over AI tools to mitigate these risks.

Hendrik de Bruin, head of security consulting at Check Point Software, added: “Strengthening ransomware resilience, deploying AI-powered prevention and enforcing clear GenAI governance will be critical to reducing cyber risk in the year ahead.”


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Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

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Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge.

Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management.

A Security Operations Center (SOC) is a dedicated organisational unit responsible for continuous monitoring and safeguarding of a company’s IT infrastructure. Its core mission is to proactively detect, analyse and respond to cybersecurity threats.

To identify the main drivers, strategic priorities, and potential challenges in SOC planning and implementation, Kaspersky has conducted a comprehensive global study involving senior IT security specialists, managers and directors from companies with 500 or more employees.

All participants operate without a SOC but have plans to establish one in the near future. The study spans 16 countries across APAC, META, LATAM, Europe, and Russia, providing valuable insights into the emerging trends and best practices in SOC development worldwide.

The findings of the research reveal that 50% of companies intend to establish SOCs to strengthen their cybersecurity posture, and 45% are motivated by the need to address increasingly sophisticated and dangerous threats.

Other drivers include budget optimisation, the necessity for faster detection and response, and the expansion of software, endpoints and user devices – factors that demand more comprehensive and layered security measures.

These are cited by 41% of organisations. Additionally, 40% seek better protection of confidential information, 39% aim to meet regulatory requirements and one-third (33%) expect SOC capabilities to provide a competitive edge. Larger enterprises tend to cite each of these reasons more often, reflecting the broader operational and regulatory pressures they experience.

Continuous monitoring becomes the leading SOC requirement

Among the key functions organisations plan to delegate, 24/7 security monitoring leads at 54%. This around-the-clock vigilance enables early detection of anomalies, prevents escalation and sustains cyber resilience in real-time. This demand highlights a strategic requirement for proactive risk management, as organisations aim to defend against persistent threats that can strike at any moment.

Companies intending to fully outsource SOC operations show a stronger interest in applying “lessons learned” methodologies, whereas those developing internal SOCs focus more on access management to maintain tighter control.

Human expertise drives SOC technology choices

While SOCs use advanced technology, the choices made by organisations show that human analysts are very important. Among the solutions that organisations plan to include in SOC are – Threat Intelligence Platforms (48%), Endpoint Detection and Response (42%) and Security Information and Event Management systems (40%) – sophisticated solutions that automate data collection and reduce operational load, however, they depend heavily on skilled security professionals who provide critical context, interpret complex findings and make final decisions when guiding appropriate responses.

Other solutions chosen include Extended Detection and Response (38%), Network Detection and Response (37%) and Managed Detection and Response (33%). Large enterprises tend to adopt more technologies (5.5 per SOC on average), while smaller ones integrate fewer (3.8).

“To successfully build a SOC, companies must prioritise not only the right mix of technology but also the careful planning of processes, clear goal-setting and effective resource distribution.

“Well-defined workflows and continuous improvement are essential to ensure that human analysts can focus on critical tasks, making the SOC a proactive and adaptable component of their cybersecurity strategy,” comments Roman Nazarov, Head of SOC Consulting at Kaspersky.

 


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Nigerian Terra Industries Secures $11.8m for Expansion

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Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.

Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.

Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.

The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.

Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.

He said safeguarding critical infrastructure from terrorist threats has become unavoidable.

Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.

The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.

Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.

With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.

While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.

 


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