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Digital Encode Scoops 7 Awards @ BoICT 2020

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Digital Encode, a leading consulting and integration firm, has received industry-wide accolades, for the specialties in the design, management and security of business-critical networks, telecommunications environment and other IT infrastructures, in Nigeria and indeed Africa.

After receiving massive votes, the team from Digital Encode received standing ovation at the year 2020 Beacon of Information and Communications Technology (BoICT) Lecture/Awards held on Saturday, November 28, 2020 at Eko Hotel Suites, Victoria Island, Lagos.

A range of awards won by Digital Encode Limited and the Co-Founders: Dr, Adewale Obadare and Dr. Oluseyi Akindeinde, at the 2020 BoICT Lecture/Awards held in Lagos over the weekend.

On a corporate level, Digital Encode was named the Cybersecurity Company of the Decade. Communications Week Media Limited, organisers of the award also disclosed that Digital Encode was voted the Compliance Advisory Company of the Decade.

At Digital Encode, technology serves two purposes: to save money and solve a problem.

To this end, the company has been recognized in the industry for its vendor independent perspective and expertise that lies in solving multifaceted, complex enterprise network security and audit problems.

Today, Digital Encode is notable for its effective and successful methodology for achieving compliance to ISO 27001 (IMS); ISO 20000 (ITIL), ISO 22301 (BCM), ISO 9001 (QMS) and several other international compliance standards such as COBIT and PCI DSS compliance.

The duo – Dr. Obadare and Dr. Akindeinde received (joint) Nigeria CommunicationsWeek Man of the Year award.

Digital Encode Limited and the Co-Founders: Dr, Adewale Peter Obadare (L) and Dr. Oluseyi Akindeinde (3rd right) receiving the Nigeria CommunicationsWeek ‘Man of the Year award’. On hand to present the award are the former President of the Institute of Software Practitioner of Nigeria (ISPON – 3rd left), Chris Uwaje and the Publisher of the Nigeria CommunicationsWeek, Ken Nwogbo (L), at the 2020 BoICT Lecture/Awards held in Lagos over the weekend.

Dr. Obadare Peter Adewale is arguably the most “Credentialed” and Multi-Award winning Pan- African Cybersecurity & GRC Thought Leader, He is a Fellow British Computer Society (FBCS), Fellow Institute of Management Consultants (FIMC), Fellow Institute of Information Management (FIIM), Fellow Enterprise Security Risk Management (FESRM), Fellow Institute of Brand Management (FIBM), Chartered Information Technology Professional (CITP), The First PECB Certified Data Protection Officer (CDPO) in Nigeria, The First Ec-Council Licensed Penetration Tester (LPT) in Africa, First Ec-Council Certified Blockchain in Africa, and Second COBIT 5 Certified Assessor in Africa Payment Card Industry Data Security Standard Qualified Security Assessor (PCI DSS QSA).

He is a seasoned cybersecurity Expert and GRC Technopreneur with over 50 (Fifty) international professional certifications to his credit and was awarded Honorary Doctorate Degree in Cybersecurity from Trinity International University of Ambassadors Atlanta Georgia, United State of America.

Dr. Oluseyi Akindeinde has 18 years working experience in the IT and Information Security arena, but has spent the better part of the last few years exploring the security issues faced by Electronic Fund Transfer (EFT) and the Financial Transaction Systems (FTS).

He has mostly presented the outcome of his research works at several conferences; including the Information Security Society of Africa Nigeria (ISSAN), the E-Payment Forum, the Electronic Payment Providers Association, the Forum of the Committee of Chief Inspectors of Banks in Nigeria (CCIBN), Chartered Institute of Bankers of Nigeria (CIBN), the apex bank – Central Bank of Nigeria (CBN), as well as the senior management of 17 top financial institutions in Nigeria.

 

Presenting the awards to the recipients, Former President, Institute of Software Practitioner of Nigeria (ISPON) and the current MD of Mobile Software Solutions, Chris Uwaje, (Oracle), described Digital Encode as a ‘fruitful seed’ that has distinguished itself in the African cybersecurity space.

Digital Encode Co-Founders – Dr. Adewale Peter Obadare & Dr. Oluseyi Akindeinde receiving Digital Encode’s Cybersecurity Company of the Decade at BoICT Award 2020 as presented by the President, Nigeria Internet Registration Association (NiRA), Muhammad Rudman, at the 2020 BoICT Lecture/Awards held in Lagos over the weekend.

“I recall that team Dr. Obadare and Dr. Akindeinde are members of the team Nigeria in 2012 CyberLympics. That team conquered Africa and won gold at the global level. They repeated the feat in 2015.

“Today, see how far Digital Encode has gone; they have demonstrated resilience, skills and understanding of that space. I am super-proud of the team. The future is even brighter”, he said.

Ken Nwogbo, publisher/editor in-chief, Nigeria CommunicationsWeek, said that the awards are testaments to Digital Encode’s critical role in the Continent’s cybersecurity space.

He said that the co-founders are well-recognized subject matter experts with numerous successful engagements to their credit in Africa.

Earlier in his keynote presentation titled: “Cybersecurity and its Critical Role in Nigeria Economy”, Dr. Obadare, said that cybersecurity can take Nigeria out of recession.

According to him, Nigeria needs to engage the digital natives more as IT is, presently, the elephant in the house that cannot be ignored.

“Check Point has predicted that next global crisis will be the Cyber Pandemic. Much is at stake.

“Thus, Cyber Crime is currently the 3rd biggest economy after U.S. and China as can be deduced from the rising losses which are put at $10.5trillion by 2025; according to Cybersecurity Ventures”, he said.

Co-Founder/COO of Digital Encode Limited, Dr. Adewale Peter Obadare, delivering BoICT keynote lecture at the Award ceremony held in Lagos over the weekend.

Obadare, who said that the keyboard is the new knife, stressed that Nigeria’s software industry should be bigger than it is today.

“Therefore, there is a need to build capacity to compete internationally”, he said while thanking Nigeria CommunicationsWeek for the Digital Encode at this year’s BoICT Lecture/Awards.

On his part, Dr Akindeinde, said that while every well-meaning Nigeria must condemn cybercrimes in the strongest of terms, however, the Company is concerned with the need to harvest the talents of our youngsters and transform them to become more productive to the economy and themselves.

“We have just been told that the global market needs 4 million skilled cybersecurity experts. Nigeria can benefit from this big time. So, we feel really honoured by the awards and testimonies shared here today. Our promise is to keep raising the bar”, he added.

Also present at the award include; President, Association of Telecommunication Companies of Nigeria (ATCON), Engr, Ikechukwu Nnamani; President, Nigeria Internet Registration Association (NiRA), Mr. Muhammad Rudman; the President of ISPON was represented by the GMD of Fintrak Software, Mr. Bimbo Abioye, amongst other dignitaries.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Highlights of TECNO’s Dazzling Display @The AMVCA 10th Edition

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As the curtains rose on the grand spectacle of the 10th Africa Magic Viewers’ Choice Awards (AMVCA), TECNO again took centre stage, illuminating the night with a blend of technological innovation and unwavering support for the Nigerian movie industry.

Amidst the glitz and glamour of the red carpet, where superstars dazzled in their finest attire, TECNO’s presence was felt beyond mere aesthetics. Attendees were greeted with a showcase of technological splendour at the TECNO booth, where moments of laughter and camaraderie were immortalized through the lens of innovation.

But TECNO’s commitment goes far beyond mere spectacle. Continuing their impact journey, TECNO proudly returned as the category sponsor of the Best Cinematographer award. This category, known for its keen competition, exemplifies the dedication and artistry that define the Nigerian movie industry.

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The nominees for Best Cinematographer represented a spectrum of talent and creativity, each film a testament to the vibrancy of African storytelling: Lílis Soares’ Mami Wata, Gideon Chukwu’s Blood Vessel, Over The Bridge from KC Obiajulu, Breath of Life from Ola Cardoso, Adeoluwa Owu’s Jagun Jagun – The Warrior, Adekunle Nodash Adejuyigbe’s Ijogbon – Chaos, Joachim Philippe’s Omen.

As the anticipation reached its zenith, the moment of truth arrived. Amongst the stellar lineup of nominees, KC Obiajulu’s Over The Bridge emerged victorious, claiming the coveted title of Best Cinematographer.

In TECNO’s words, this is more than just a gesture; it’s a testament to their unwavering support for the entertainment sector and their relentless pursuit of greatness.

As TECNO continues to push boundaries and champion excellence, it remains steadfast in its commitment to empowering African talent and celebrating the magic of storytelling.

The 10th AMVCA was a night to remember, where TECNO’s fusion of technology and creativity illuminated the path toward a brighter future for African cinema. As the curtains close on this unforgettable evening, TECNO reaffirms its pledge to STOP AT NOTHING until greatness is achieved, both on-screen and beyond.


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MTN Pays $3.3Bn Tax across 19 Markets in 2023

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MTN Group recently released financial tax report for 2023 revealed that the group paid $3.3 billion in tax contributions across 19 markets.

MTN Pays $3.3Bn Tax across 19 Markets in 2023

This is coming as the company inches closer to celebrate its 30th anniversary next month.

As per ITweb reports, Tsholo Molefe, group chief financial officer, underlined that the company makes “impactful socio-economic contributions” to society through an evolving tax environment across the world and in Africa.

“These represent significant contributions to the fiscus of the jurisdictions in which we operate. These contributions are used to grow and enhance economic development in our various markets. We are very pleased to play our part in supporting Africa’s progress, and giving Africans hope, dignity and opportunity. Beyond the continent’s borders, the tax landscape continues to evolve,” said Molefe.

She acknowledged that faced with reduced fiscal revenues and the need for greater public spending to support economic activity, many African governments have sought new ways to generate revenue, among them broadening the tax base and increasing tax types and rates.

“We recognise the important role our tax contributions play in uplifting communities across our footprint. Our voluntary Tax Report is an effort to explain our tax affairs in a comprehensive and transparent way, thereby underpinning the trust of our many stakeholders,” said Molefe.

MTN’s corporate social investment is realised annually through various Corporate Social Investment (CSI) Foundations and divisions across their footprint ensuring that the Group reaches the most vulnerable, marginalized communities and members of society.

“In supporting the attainment of sustainable societies across our markets, we take seriously our responsibility to be a compliant and transparent taxpayer,” added Molefe.

She said MTN is committed to leveraging its core capabilities to enable the socio-economic development of the communities in which it operates, underpinned by the Group’s core belief that everyone deserves the benefits of a modern, connected life.

The mobile giant says its corporate social investment strategy aligns to this belief by focusing its core initiatives on digital jobs creation.

This, she said, allows MTN to address the digital skills shortage in Africa while simultaneously creating opportunities for economic growth through ICT-enabled programmes, including its flagship MTN Skills Academy platform.

According to the MTN Tax Report, a secondary focus area aligns to the National Priority Areas (NPA) of the respective host countries and disaster relief projects in times of crisis.

 

“Through these ICT-enabled and NPA programmes, we continue to serve and support the communities in which we operate, growing our impact year-on-year. In 2023, MTN’s generic corporate social investment totaled R220 million. This investment impacted the lives of 3.6 million members of our communities, 2.9 of which were youth, as the largest and most impacted population group across our markets,” said Molefe.

Furthermore, 126.2 million women and young girls were empowered. MTN programmes allowed young people to engage in activities to grow their knowledge, access education, learn new skills, and develop through a diverse range of uplifting activities.

Operating in 19 markets, MTN says it has tight measures in place that manages its tax affairs which are directly relevant to its shareholders and other internal and external stakeholders.

The measures, the company said, do not only mitigate risk but also ensure that society fully benefits from the economic participation of the MTN Group in their jurisdictions.


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Joe Levy Appointed CEO of Sophos as Jim Dildine is Named New CFO

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Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Joe Levy is now chief executive officer (CEO) of the company.

Levy has been acting CEO since Feb. 15. To drive a critical role in the execution of his strategy to shape the future of Sophos, Levy has named Jim Dildine Sophos’ new chief financial officer (CFO) and a member of his senior management team.

Levy is a nearly 30-year veteran of innovating and leading cybersecurity product development, services and companies.

During his nine-year tenure at Sophos, Levy drove the transformation of Sophos from a product-only vendor into the global cybersecurity giant it is today, including an incident response team and managed detection and response (MDR) service that defends more than 21,000 organizations worldwide.

Levy also created SophosAI and Sophos X-Ops, an operational threat intelligence unit that joins together more than 500 cross-departmental cybersecurity operators and threat intelligence experts.

Sophos X-Ops shares real-time and historical attack data with all of Sophos’ solutions, making them smarter and faster at defending customers from persistent cyberattacks.

Levy has in-depth experience working with the channel, including managed security providers (MSPs), throughout his career, which he started in the mid-1990s as a cybersecurity practitioner and product and service innovator at a value-added reseller.

As CEO, Levy plans to expand Sophos’ already strong customer base in the midmarket, which includes nearly 600,000 customers worldwide and generates more than $1.2 billion in annual revenue.

As a leading provider of cybersecurity solutions for the midmarket, Sophos has a unique ability to further scale its business and the business of its partners by helping organizations in dire need of basic and expanded defenses against opportunistic and targeted cyberattacks.

These organizations include the critical substrate, small- to mid-sized organizations that comprise the machines of the world’s economy and are just as susceptible to cyberattacks as major corporations.

In fact, the critical substrate, including smaller organizations within the classic 16 critical infrastructure verticals, are prime attacker targets, as evidenced by Sophos’ Active Adversary report and 2024 Threat Report. Both intelligence reports reveal how attackers are repeatedly abusing exposed Remote Desktop Protocol (RDP) access at midmarket organizations, as well as going after them for data theft, spying, ransomware payoffs, or supply chain attacks to gain entry to bigger prey.

“When midmarket organizations – the global critical substrate – are paralyzed due to ransomware or other cyberattacks, business activities linked in our supply chains also stagnate, slowing our economy down. Operations of all sizes and shapes suffer collateral damage when dependencies in their supply chains are attacked. This can be devastating in often unpredictable ways because of the increasing complexity of how the modern industrialized global economy works,” said Levy.

“Our goal is to help more organizations in the midmarket – the estimated 99% of organizations that are below the cybersecurity poverty line – be better at detecting and disrupting inevitable cyberattacks.

“Our envisioned approach to achieving this is to work with MSPs and channel partners that can scale alongside us with our innovative critical cross domain technologies – endpoint, network, email, and cloud security – and managed services that they can resell and co-deliver.

“Cyberattacks against the midmarket could severely impact the world’s ability to function; they are relatively under-protected compared to the 1%, and Sophos is on a mission to change that.”

Levy’s leadership strategy includes adding Dildine as CFO to help Sophos reach its business goals and propel the company on its future growth trajectory. He brings exceptional operational expertise to Sophos, as well as a strong background in channel partner-based cybersecurity business.

Dildine joins Sophos most recently from cybersecurity software and services company, Imperva, where he was CFO for more than four years. Before Imperva, Dildine was CFO for Symantec’s $2.5 billion enterprise security business unit for three years. Dildine also previously held key financial leadership roles for nearly nine years at Blue Coat Systems, where Levy also served as chief technology officer.

While at Blue Coat Systems, he oversaw a dramatic growth in market value while guiding the company to a go-private transaction by Thoma Bravo, sale from Thoma Bravo to Bain Capital, and subsequent sale to Symantec for $4.6 billion in 2016. Dildine also spearheaded the acquisition and seamless integration of six security-focused companies, which were valued at more than $750 million during his tenure.

“Having worked in technology and finance for more than 30 years, it is exciting to join Sophos at this juncture, when the company is well on its way to breaking through to the next level. Everything the company has accomplished thus far is impressive, including how dedicated Sophos is to constantly be innovating its cybersecurity technology and managed security services for customers in the midmarket. Sophos is also equally committed to supporting its channel partners, MSPs, and staff around the world,” said Dildine. “I am looking forward to helping Joe accelerate growth and further position Sophos as a leader in the industry.”

“Thoma Bravo has worked with Joe through successful investments in SonicWall and Blue Coat Systems, and our relationship and experience together, coupled with his authentic style of leadership and impeccable reputation across the cybersecurity industry, make him the ideal CEO to lead this next chapter at Sophos,” said Chip Virnig, a partner at Thoma Bravo and a Sophos board member.

“We’re also excited that Jim is joining Sophos as CFO and is a member of Joe’s senior management team. We’ve worked with Joe and Jim at various companies for well over a decade, and we’re confident their combined expertise will reap big rewards for the future of Sophos.”


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