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Cybersecurity Readiness and Resilience is a Journey not a Destination – Dr. Obadare Says
Dr. Peter Adewale Obadare, co-founder and chief Operating Officer of Digital Encode Limited, has said that no company is totally immune against cyber attacks.
The Information Technology expert noted that the high dependency on the internet and adoption of digital transformation has led to the increase in cybercriminal activities.
Addressing this issue, Dr. Obadare stressed that cyber security readiness and resilience is therefore a journey and not a destination.
The Digital Encode Boss stated this at the 2020 National Information Technology Reporters’ Association (NITRA) Virtual Innovative Tech Webinar held recently.
He quoted a research by Cybersecurity Ventures that stated that cybercrime damages are projected to cost the world over US6 trillion annually in 2021, up from US3 trillion in 2015.
Speaking on the biggest threat to enterprise organization, Dr. Obadare stated that the research further showed that at every 11 seconds, businesses will fall victim to a ransomware attack in 2021.
“More than 90% of successful hacks and data breaches steam from phising scams.
“Most frequent attack methods are social engineering, advanced persistent threats, unpatched ransomware
Dr. Obadare also stressed that cybersecurity/fraud is a discussion topic for the board and not for the data center alone.
Backing up his claim, he explained that 60% of small businesses that suffer cyberattack are out of business within 6 months.
He also highlighted that 53% security personnel believed that their enterprise will experience a cyberattack in the next 12 months.
While urging vigilance, he said the survey revealed 87% believe that the rapid shift to work from home will increase the risk of data privacy and protection issues.
Also, 54% believe will take advantage of the pandemic to disrupt organisation. However, 51% (only half) are highly confident in their security team to detect and respond to cyber threats during the pandemic.
Although much is at stake, the Digital Encode Boss lamented that the confidence level is low.
Speaking further, he urged and advised organizations to invest in people and process and not only in technology, in an effort to collectively combat the looming threat.
Dr. Obadare recommended that for safety in the cyberspace, organizations must address cybersecurity readiness and resilience on a number of dimensions so as to understand the big picture while integrating and coordinating all operational risk management activities.
In addition, he said it is important that the executive team develop a risk intelligence quotient and also build an Intelligent Security Operations Center (SOC) based on AI & Machine Learning.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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