E-Business
Global Hardcopy Peripherals Market Declines in 2Q2014

The worldwide hardcopy peripherals (HCP) market declined for the first time in the past three quarters to 25.5 million units shipped in the second quarter of 2014 (2Q14) resulting in a -2.3% year-over-year decrease, according to the International Data Corporation (IDC)
Monochrome to color indicator shows that Color increased its overall market share to 19% compared to a year ago while monochrome printers lost two points of share, dropping to 81% of the overall market in 2Q14.
IDC defines Hardcopy Peripherals as include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC).
Year-over-year growth for color was 10.3% while mono laser was -3.0%.
The strongest color speed segment was the 45-69 ppm (17.5%), where Ricoh did particularly well with the MP C4503 model family.
The move to faster speed segments accelerates in Q2: The 45-69 ppm monochrome laser MFP segment exhibited the strongest year-over-year growth in 2Q14 at 15.7%, followed by 31-44 ppm (7.8%).
The 31-44 ppm segment’s strong growth was fueled by HP’s LaserJet Pro 400 series.
In the color market, the 21-30 ppm MFP segment did well at 12.9% year-over-year growth, followed by 45-69 ppm at 8.3% and 70-90 ppm at 4.5%.
The A3/A4 battle in the mid-speed market segments continues.
A4 MFP devices gained penetration in the 31-69 ppm monochrome segment with 77.2% share of the total monochrome A4/A3 MFP market in the same speed segment.
The 13.6% year-over-year growth of the A4 31-69ppm MFP monochrome laser segment was driven by strong results in the both A4 31-44ppm (10.6% growth) and A4 45-69ppm MFP segment (35.3% growth) with notable contributions from HP (21.4%), Lexmark (16.8%), and Kyocera Document Solutions (13.5%).
Some notable market developments in this quarter include that two of the biggest regions in terms of HCP shipments, Asia/Pacific (excluding Japan)(APeJ) and Western Europe, showed positive year-over-year gains, 0.4% and 5.0%, respectively.
Growth in APeJ was driven by China, which represents nearly half of the region’s shipments. This was also the fifth consecutive quarter of year-over-year growth for the region.
Three of the top 5 vendors (Epson, Samsung, and Brother) enjoyed positive year-over-year growth. Both Epson’s and Brother’s growth were driven largely by gains in APeJ.
Samsung overtook HP as the laser market leader in Western Europe.
Samsung is very strong in the low-end, and tends to market its products on price.
It also has strong operations in Germany and Italy where it performs particularly well.
In addition, distributors and dealers tend to trade HP and Samsung off with each other and sales fluctuate as a result.
“While the overall hardcopy market is mature and we often point to emerging markets as the growth areas, it is important to note that there are still areas of growth and opportunity in more mature markets. Vendors should keep in mind that while pursuing growth in new geographies they need to defend their positions in high-value segments of mature regions, such as color laser multifunction printers (MFP) and the A4 monochrome laser midmarket,” said Phuong Hang, program director, Worldwide Hardcopy Peripheral Trackers.
Key Worldwide Hardcopy Market Trends in 2Q14
Inkjet still makes up the majority of the market (59.7%), but the best market growth is in laser. Color laser grew 10.3% to close to 2 million units in 2Q14.
Single function to Multifunction: The single function printer market declined by -7.7% year over year in the second quarter of 2014, while MFP shipments experienced flat growth.
However, MFPs enjoyed strong growth in all color laser speed ranges, especially in 1-10 page per minute (ppm) (31.5%).
E-Business
Nigeria Targeted with 4,622 Cyber-attacks Per Week in December 2025

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.”
E-Business
Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

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.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

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.
General News2 days agoPalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
News3 days agoNigeria, Others Lag Behind as Egypt Tops Africa in AI Readiness
E-Financial2 days agoEcobank Joins Trillion-naira Club for the First Time in 20 Years
E-Business2 days agoKaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk
E-Business2 days agoNigerian Terra Industries Secures $11.8m for Expansion
Telecom2 days agoSHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence
E-Financial1 day agoAngst as FG Demands 7.5 Percent VAT on Mobile Bank Transfers, USSD
News1 day agoMoniepoint Launches Second Cohort of DreamDevs Initiative to Double Down on Africa’s Tech Talent Pipeline



















