Connect with us

General News

Cybercrime Fastest-Growing Cause of Data Centre Outages- Report

Published

on

Cybercrime.jpg
Kindly share this post

After having risen from being behind two percent of outages in 2010 to 18 percent in 2013, cybercrime is quickly rising as one of the leading causes of data centre outages.

According to a report contained in a survey conducted by the Ponemon Institute and sponsored by Emerson Network Power, cybercrime caused 22 percent of data centre outages in 2015.

Cybercrime is now the fastest-growing cause of data centre outages, the report’s authors said in a statement.

The biennial report’s primary focus is cost of data centre downtime to the operators, and that cost is quickly rising. Among operators of the 60-plus data centres surveyed, the average total cost per minute of unplanned downtime went from about $8,000 in 2013 to about $9,000 last year.

The survey shows that average cost of a single data centre outage rose from $690,000 in 2013 to $740,000 in 2015.

Data centre outages cause companies to lose money in a variety of ways, the most costly one being business disruption. The other ones are lost revenue, reduced employee and IT productivity, and money spent on outage detection, recovery, post-outage activities, equipment, and third-party services.

The researchers surveyed data centre operators in a variety of sectors, including colocation, communications, consumer products, e-commerce, education, financial services, healthcare, industrial, and government, among others.

The cost of downtime varies widely depending on many factors, the primary one being the data centre’s function and the nature of the business its operator is in. To illustrate, the maximum cost of a data centre outage among survey participants in 2015 was about $2.4 million – more than three times the average. Maximum cost of an outage has gone up about 80 percent since 2010, according to the report.

Companies in the financial services industry stand to lose the most in data centre outages, followed by communications, healthcare, e-commerce, and data centre colocation verticals, in that order.

Downtime costs also depend on duration of the outage (longer outages are more costly), and size of the data centre. Operators of smaller data centres generally lose more money per square foot than operators of larger facilities.

While the frequency of data centre outages caused by cybercrime is growing, UPS failure remains the leading cause of data centre downtime. Including UPS systems and batteries, these types of failures caused 25 percent of outages in 2015 reported by survey participants. This is up from 24 percent in 2013 but down from 29 percent in 2010.

The third most common cause of data centre downtime is human error, accounting for 22 percent of outages last year. The fourth, fifth, sixth, and seventh most common culprits are mechanical system failure, weather, generator failure, and IT equipment failure, respectively.‎

 

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

General News

World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

Published

on

Kindly share this post

World Bank has restricted comments on its Instagram page after thousands of Nigerians flooded the platform begging them to stop lending money to Nigeria.

World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

The protest erupted after reports that President Bola Ahmed Tinubu is seeking a fresh $1.25 billion dollar loan for approval on June 26.

Some Nigerians asked the World Bank to provide more details about the purpose of the loan and how the funds would be managed.

Others said the country should reduce dependence on foreign loans and focus on improving local revenue.

The federal government has continued to defend its borrowing plans.

Officials say the funds will support economic reforms, development projects and efforts to strengthen the economy.

Nigeria remains one of the major borrowers from the World Bank in Africa, with different administrations securing loans over the years for infrastructure, social programmes and economic support.


Kindly share this post
Continue Reading

General News

Lagos Plans New Cybersecurity Centre

Published

on

Kindly share this post

The Lagos State Government plans to establish a Cybersecurity Operations Centre to strengthen protection of government systems, digital services and citizen data amid rising cyber threats linked to the city’s expanding digital economy.

Tunbosun Alake, Lagos commissioner for innovation, science and technology, said the centre would help secure the infrastructure supporting online payments, e-government services, cloud platforms and technology-driven business operations across the state.

According to Alake, the facility will monitor, detect and respond to cyber threats targeting government networks, digital transactions and sensitive public data.

The move comes as Lagos accelerates its smart city agenda through investments in broadband infrastructure, digital identity systems and automated public services.

Alake said Lagos had already deployed 109 Data Protection Officers across Ministries, Departments and Agencies, which he described as the highest number among Nigerian states, to strengthen compliance with data protection regulations.

Alongside the proposed cybersecurity centre, the state also launched the Lagos Campus Network Upgrade project aimed at improving digital infrastructure within the public sector.

The upgrade is expected to improve network performance, automate internal government processes and enhance digital engagement with residents. The cybersecurity initiative follows the release of Lagos State’s cybersecurity guidelines in April.

The framework recommends measures including multi-factor authentication, vulnerability testing, encrypted backups and tighter endpoint security controls.

The guidelines align with Nigeria’s Cybercrime Act 2024, the Nigeria Data Protection Act 2023 and the National Cybersecurity Policy and Strategy 2021.

 


Kindly share this post
Continue Reading

General News

LG Electronics Strengthens Household Energy Efficiency in Nigeria with Advanced Inverter Refrigerator Solutions

Published

on

Kindly share this post

LG Electronics (LG) is reinforcing its commitment to smarter and more energy‑efficient living by spotlighting its range of inverter‑powered refrigerators designed to meet the evolving needs of Nigerian households.

As electricity costs continue to rise and inflationary pressures shape consumer spending, LG’s refrigerator portfolio is positioned as a practical solution that combines dependable performance with responsible energy consumption.

Refrigerators are among the most frequently used appliances in Nigerian homes, operating 24 hours a day and accounting for a significant share of household electricity usage. LG addresses this challenge through its proprietary Inverter Compressor technology, which intelligently adjusts cooling power based on actual usage conditions.

By reducing unnecessary energy draw, the system delivers stable temperature control while helping households lower energy consumption and manage monthly utility costs more effectively.

Beyond energy savings, LG refrigerators are designed to support food security and reduce waste, an increasingly important consideration for families navigating rising food prices. The inverter system enables faster cooling recovery after power interruptions and helps maintain consistent internal temperatures, preserving food freshness for longer periods. With fewer friction points in the compressor design, LG refrigerators also offer enhanced durability and long‑term reliability, minimizing maintenance costs over time.

LG’s energy‑saving refrigerator lineup includes Top Mount, Side‑by‑Side, and Door‑in‑Door models, each tailored to different household sizes, storage needs, and lifestyle preferences. The Top Mount refrigerators offer practical, space‑efficient designs ideal for everyday family use, delivering reliable cooling with optimized energy efficiency.

The LG GN-F452PFAQ model keeps food perfectly fresh with FRESH Converter+ that optimizes temperature as per food items and never runs out of ice with the Auto Ice Maker.

For households that require larger storage capacity and improved organization, Side‑by‑Side models provide generous interior space, improved visibility, and consistent cooling across compartments.

For more design‑conscious consumers, LG’s Door‑in‑Door refrigerators reduce cold air loss by allowing quick access to frequently used items, supporting both energy efficiency and long‑lasting freshness.

At the premium end, LG continues to innovate with advanced models such as the MoodUP™ refrigerator, which combines customizable aesthetics with functional energy‑saving features like the InstaView panel, allowing users to view contents without opening the door and reducing unnecessary cold air loss. This refrigerator comes with a washing machine as a bundle promotion.

According to LG, this range‑based approach reflects a deep understanding of how Nigerian households differ in size, consumption habits, and lifestyle needs.

“Nigerian consumers are becoming more intentional about how they use energy and manage household costs,” said Mr. Oktai Kim, General Manager, Home Appliance Solutions, LG Electronics Nigeria. “By offering a diverse range of inverter‑powered refrigerators, we are giving families the flexibility to choose solutions that suit their homes while delivering long‑term value through energy efficiency and dependable performance.”

Rather than focusing on technology alone, LG’s energy‑saving refrigerator portfolio emphasizes everyday benefits, efficient operation, reliable cooling, and designs that adapt to real living conditions. Available nationwide, LG refrigerators continue to support smarter living and economic resilience, reinforcing the company’s commitment to delivering durable, consumer‑focused home solutions for Nigerian households.


Kindly share this post
Continue Reading

Trending