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TAM Summit Highlights Technologies Potency in Time Management

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(L-r): Dr. Chris Ogbechie, chairman, Diamond Bank Plc; Mrs. Bukki George, founder and CEO, HealthPlus Limited; Obinna Ekezie, MD/CEO, Wakanow, and Afolabi Abiodun, CEO of SB Telecoms & Devices and Convener of the TAMS Summit, at the inaugural edition of the TAMS Summit in Lagos on Thursday.
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Africans have been urged to embrace technological interventions as practical measures to overcoming poor time management.

Panelists at the inaugural TAM Summit unanimously agreed that technology can aid individuals and organisations in setting clear timelines for their set goals and objectives.

TAM Summit under the theme, “From ‘African Time’ to ‘On Time’: A paradigm Shift”, was conveyed by SB Telecoms in Lagos on Thursday, May 19, 2016 seeking for attitudinal change while drawing attention to the economic loss in Africa due to the “African Time” mental appendage.

Speaking at the Summit, Mr. Afolabi Abiodun, CEO of SB Telecoms & Devices and Conveners, disclosed that a survey conducted with the aid of TAM solution, found that almost 12% of annual labour cost is lost to lateness, tardiness, time theft and absenteeism.

He said, that in an economic climate, such is a huge lost as there was no successful venture devoid of time as a major contributory factor.

Abiodun said, “In 2005, the American government set a goal to reduce their dependency on foreign crude oil from 60% of their total need to 30% by 2015 and 0% by 2020. One of their key follow-through mechanisms is the perfecting of the fracking technology to access their Shale Oil. Today, America’s daily production has increased from 5.4 million barrels in 2005 per day to 9.3 million barrels per day as at the end of 2015.

“For the past three decades, various Nigerian governments have touted Vision 2020 to take us to the Promised Land of development. Four years to expected delivery date, we are yet to scratch the surface of this laudable target. Why? Although it is easy to blame lack of political will and socio-economic factors, but the real culprit, in my honest opinion, is a lack of interest in doing things in a timely manner and a readiness to give excuses, even though Nigeria is well known for drawing plans and issuing communiqués”.

He lamented that lack of time management has eaten deep into the fabric of the African society, and has turned the people to victims- of its manifestations in corruption, infrastructural decay, apathy, poverty, and so on.

“But it would be difficult to have any meaningful development if we hesitate to demand accountability, not only of resources and budgets but also of TIME- in the private sector and at all levels of government. Because, as we all know, no society can hope to make progress or catch up if there’s a culture of disregard for time.

To solve the challenge, he said that SB Telecoms developed a Time Attendance Management Systems (TAMS) service which from 2013 to the present has been deployed by over 1,000 organizations (including multinationals).

According to Abiodun, “Currently, TAMS has become much more than a time management solution. Based on customer research and feedback, we have developed other modules such as: payroll, appraisal, vacation and leave management.

In the course of promoting time management and the value proposition of TAMS, a few business owners and HR practitioners have protested that punctuality has nothing to do with performance. My response has always been that if we took the time to do some number crunching, we would appreciate the cost of time to us.

“To achieve more productivity, TAMS is getting better and better. TAMS is integrated with 20 Commercial Banks and 56 Microfinance Banks and all Pension Fund Administrators. I am happy to inform you that TAMS is one of 150 solutions worldwide invited to the Global Entrepreneurship Summit in Washington DC, to be hosted by President Barak Obama next month”.

Nodding in agreement, Mr. Adeola Adejokun, principal partner of Kishi-Lagos, said that he strongly believes that technology makes life more exciting and helps improve the lives of people across the globe.

He said that applications like Google Calendar, Smart Planner, smart wristwatches, are proven solutions Nigerians and African at large can leverage to undo the sickening ‘African Time’ syndrome. 

Adejokun said, “I have realized that ‘African Time’ malaise as lack of consequence management enforcement which requires institutions that will monitor people in the work environment, whether in corporate or public sector.

“We can use technologies available today to tackle this head-on, because ‘time theft’ leads to erosion of values. Without rightly defined and times processes, it is usually difficult to have thr right culture in any place.

On her part, Mrs. Bukky George, who chaired the Summit, said that time like health is wealth and should be efficiently managed, hence poor time management is at the root of poor planning bedeviling the African society.

George who is also the founder/CEO of HealthPlus Limited, said, although ‘poor time management’ is a global phenomenon, Africans, especially youths must have attitudinal change to adapt to 21Century work environment, particularly,  every sector of the economy revolves around such principles as time, predictability and efficiency. 

She added that in spite the enormous infrastructural deficits in the country, proper time management can be maintained.  

Mr. Oyeniyi Oguntoyinbo, MD/CEO of Philliy & Mools, said that every thriving multinational (companies) today started on the clear-cut principles of strategic and conscious timing of programmes.

According to him, a service company, for instance, must be built around timely response to customer’s inquiries or dissatisfaction.

“It is amazing when you list the consequences of poor time management. We often use the phrase, ‘Time is money’, but a lot of employees do not appreciate the fact that late responses to customer’s questions can lead to the demise of the entity. It is an attitude we must address as a people, business and country or Continent. Time is same everywhere, and we can’t change it, rather invest it wisely,” Oguntoyinbo added.

 

 


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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.

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Nigeria @ Risks Losing Digital Control- NiRA

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Nigeria is at risks losing digital control of its cyberspace following the alarming surge in cyberattacks in the country.

Nigeria @ Risks Losing Digital Control- NiRA

The surge show a dangerous shift from opportunistic cybercrime, facing approximately 4,710 threats weekly and ranking as a top target for cybercriminals in Africa.

Nigeria Internet Registration Association (NiRA) recently warned that the trend weakens the country’s control over its digital identity and limits economic gains from its expanding online ecosystem.

Speaking at the .ng Media Advocacy and Capacity Building Initiative for the Nigerian Information Technology Reporters Association (NITRA), organised by NiRA in Lagos, Adesola Akinsanya, president, NiRA, questioned who truly owns Nigeria’s digital presence, stressing that the answer lies in deliberate choices regarding domain name adoption and the narratives shaping the country’s digital ecosystem.

He likened the widespread adoption of foreign domains to building assets on land owned by others, where control, legal authority, and economic benefits ultimately reside outside the country.

According to him, many Nigerian businesses operating on domains such as .com are effectively anchoring their digital operations on infrastructure beyond national control.

Industry stakeholders at the event noted that while Nigeria’s digital economy continues to expand driven by increasing internet penetration and a vibrant tech ecosystem a significant portion of the value generated is lost through payments tied to foreign domain registration and hosting services.

Seyi Onasanya, chief operating officer, NiRA,  described domain names as “digital real estate,” emphasizing their role as a foundational layer of the modern economy.

She stated that countries that prioritise local domain systems are better positioned to retain value, strengthen trust, and enhance digital competitiveness.

Onasanya added that although country-code domains account for nearly 40 percent of global domain registrations, Nigeria still records relatively low adoption of its .ng domain despite its large population and millions of small and medium enterprises.

Experts at the forum warned that dependence on foreign domains contributes to capital flight, weakens national branding, and exposes businesses to external regulatory risks.

They stressed that every domain name represents a potential economic asset linked to transactions, jobs, and overall GDP growth.

Beyond economic implications, speakers highlighted trust and security as critical issues.

Ridwan Badmus, legal and cybersecurity expert, noted that Nigeria’s regulatory framework is evolving to support a more secure digital environment, including policies encouraging government institutions to adopt local domains and hosting services.

He explained that the .ng domain benefits from enhanced security features such as DNS Security Extensions (DNSSEC) and improved monitoring systems, which strengthen resilience against cyber threats.

 


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CIBN Allegedly Hit by 250GB Data Breach

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Data Breach
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Chartered Institute of Bankers of Nigeria (CIBN), the country’s apex professional body for bankers, is reportedly at the centre of a major cybersecurity incident following claims that its internal database estimated at about 250GB has been compromised and leaked online by an unidentified threat actor, according to the Guardian.

CIBN Allegedly Hit by 250GB Data Breach

The alleged breach, which surfaced recently on underground cybercrime forums, is said to involve a wide range of sensitive institutional and personal data belonging to members of the banking profession.

According to preliminary assessments of sample files circulating online, the exposed information reportedly includes full names, email addresses, phone numbers, residential and business addresses, membership records, scanned identification documents, certificates, and even internal source codes linked to digital systems.

While the authenticity of the full dataset has not been independently verified, cybersecurity observers note that the scale of the alleged leak is consistent with a growing pattern of attacks targeting financial institutions and professional bodies across Nigeria’s banking ecosystem.

Chartered Institute of Bankers of Nigeria, established in the early 1960s and chartered to regulate banking professionalism in the country, plays a central role in setting ethical and educational standards for bankers nationwide.

It counts major financial institutions, including the Central Bank of Nigeria and commercial banks, among its corporate members.

In recent years, the institute has itself acknowledged rising cyber risks affecting the financial sector, warning that banks and related institutions face increasing exposure to digital attacks, including website hijacking, ransomware threats, and data breaches targeting sensitive financial information.

This latest allegation adds to a series of reported cyber incidents involving Nigerian financial institutions, where attackers have increasingly focused on exploiting personal data for identity theft and phishing schemes.

Cybersecurity analysts say Nigeria has witnessed a broader surge in data breaches across banking, telecoms, and government systems, with millions of records reportedly circulating on the dark web in recent years.

The alleged CIBN breach, if confirmed, would further highlight vulnerabilities in institutional data protection frameworks and the growing sophistication of cybercriminal operations targeting financial ecosystems.

However, CIBN has not issued an official confirmation or denial regarding the alleged breach.

But, the need for immediate forensic investigation, member notification protocols, and a comprehensive audit of the institute’s digital infrastructure cannot be overlooked.

Authorities and data protection regulators are also expected to assess the claims as part of broader efforts to curb escalating cyber threats within Nigeria’s financial services sector.


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Kaspersky MDR Introduces Major Updates, Strengthening Detection and Investigation Capabilities

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Kaspersky Managed Detection and Response now offers enhanced automation and incident management features, introduces a new offering for industrial and embedded systems, and delivers an improved customer experience. These advancements bolster security and enable a faster, more efficient response to threats.

Kaspersky MDR is adopted by organisations across a vast range of industries worldwide. In 2025, the solution detected up to three high-severity incidents driven by human activity daily, reducing response time by approximately 22% compared to the previous year.

This result, highlighted in a Global Report by Kaspersky Security Services, reflects enhanced efficiency driven by advanced automation, increased detection rules and the continuously perfected and dedicated expertise of Kaspersky’s specialists.

Keeping in mind that threats are becoming increasingly sophisticated and challenging to detect, Kaspersky recognises that solutions must be continuously refined. This principle is also applied to Kaspersky MDR, which is now being enhanced through a series of important updates designed to improve its value and deliver a better experience for customers.

New MDR offering for embedded and industrial systems

Kaspersky Embedded Systems Security 4.0 (KESS) and KICS for Nodes 4.5 now features a unified MDR agent. For embedded environments, this integrated approach simplifies onboarding and enhances manageability, enabling faster and more dependable MDR deployment. In industrial settings, it decreases operational complexity, strengthens resilience, and streamlines ongoing maintenance.

Enhanced detection and investigation capabilities

Kaspersky MDR now benefits from enhanced container telemetry provided by Kaspersky Endpoint Security for Linux 12.4. This advancement significantly improves visibility into containerised environments, boosts threat detection accuracy, and accelerates the identification of risks within container infrastructures.

Kaspersky MDR now also supports automated file transfers upon analyst request through Kaspersky Anti Targeted Attack 8.0 and Kaspersky Next EDR Expert 8.0. With advanced MDR integration enabled, relevant files are shared automatically, eliminating manual end-user actions. This streamlines collaboration, accelerates incident investigations, and enables faster responses to targeted attacks.

MDR incidents can now be escalated directly from the MDR portal to the Kaspersky Global Emergency Response Team for comprehensive investigation and response. This capability ensures end-to-end management of complex cyberattacks, from the initial response and evidence collection to identifying the primary attack vector and developing an effective mitigation plan.

MDR incidents can now be automatically exported to Kaspersky SIEM 4.0 for advanced analysis and correlation with other security events. This enhancement expands investigative capabilities while maintaining MDR as the central hub for incident management and response.

Enhanced accessibility and customer experience

A one-click incident escalation from Kaspersky Next EDR Expert to MDR is now available, empowering customers with greater control over incident management and ensuring rapid access to expert analysis and response guidance.

Kaspersky MDR now also provides enriched incident notifications via Telegram that allow real-time updates with priority levels, affected assets, tailored recommendations, and direct links to incidents, enabling customers to access vital information instantly without the need to log into the portal.

Furthermore, the MDR portal has been fully optimised for mobile devices and tablets, offering comprehensive access to all core functionalities. These improvements collectively allow customers to monitor incidents and manage their MDR services anytime and anywhere, thereby significantly increasing responsiveness and operational agility.

“At Kaspersky, we are committed to continuously enhancing our MDR to stay ahead of evolving cyber threats and protect organisations worldwide from all industries, 24/7. These latest updates bring extended integrations with the Kaspersky product portfolio, smarter automation and new features that enable quicker and even more precise responses – all to improve user experience because in today’s threat landscape, agility and precision are more critical than ever,” comments Renat Turianov, Kaspersky MDR Product Owner at Kaspersky.


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