E-Business
Access to Better Technology Top Driver for Cloud Adoption

An Oracle-sponsored IDC study into Software as a Service (SaaS) adoption highlighted that along with cost savings, process efficiencies and productivity were the key benefits to businesses implementing the cloud technology.
In-depth interviews were with CIOs and decision makers from 160 organisations with 500 employees or more, in Africa, Middle East and Eastern Europe.
Th study outlined how Oracle SaaS customers overcame concerns and inhibitions with regard to cloud adoption.
Access to better technology (58%) and faster deployment of additional IT resources (53%) were the top two drivers for SaaS adoption.
Delivering more projects without recruiting additional headcount (51%) and standardization (50%) were the third and fourth key drivers. Other key reasons for adopting SaaS included access to better quality of IT skills (49%) and access to the latest software and techniques (48%).
The research showed that many companies in the region have a “SaaS also” attitude, meaning that when they need new or replacement applications for capability, capacity and functionality, they look at SaaS-solutions at the same time as looking at other on-premise software.
The investigation found that more than 60% of all companies across major verticals have adopted or are in the process of implementing cloud solutions.
Sixty-nine (69%) of respondents felt that cloud offered significant tangible benefits, 55% believed that it offered value, but cost and availability of bandwidth inhibited adoption locally.
The study illustrated that 48% of companies are currently using SaaS technology with another 31 % planning to use in the next one or two years.
Twenty-two percent (22%) currently used Platform as a Service (PaaS) with a further 36 % planning on using it in the next 12 to 24 months.
Some concerns were raised through the study, particularly around security. While connectivity was highlighted as a key concern, for some organisations connectivity issues were solved with the use of SaaS.
Organisations that did adopt SaaS invested in network optimisation and additional security solutions to ensure overall SaaS quality.
The study also focused on particular sectors including the banking industry.
The results showed that 59% of all banks surveyed believed that cloud offered significant tangible benefits, with 52% of those surveyed currently using SaaS within their organisations.
Sixty-four (64%) of the banks expect the number of SaaS users within the organisation to increase over the next year and 38% of the banks have a “SaaS first” approach.
Access to better technology & IT skills were the primary drivers for SaaS and workforce productivity was stated as being a major benefit experienced by 87% of the banks.
Dana Murugan, senior marketing director for Oracle commented on the study thus, “Modern cloud applications from Oracle help customers reimagine business, practices, and experiences. The best-of-breed Software as a Service (SaaS) applications in Oracle Cloud are integrated with social, mobile, and analytic capabilities to help deliver the experiences customers expect, the talent to succeed, and the performance the market demands.
“The results of the survey indicate that SaaS adoption is continuing to rise in [country] and we look forward to supporting our customers with the latest technology that will enable them to achieve business objectives.”
E-Business
Kaspersky Detected More than 92,000 Malware Attacks Disguised as AI Services in Four Months

In conjunction with its participation at the AI Everything Kenya x GITEX Kenya conference, global cybersecurity company, Kaspersky, has revealed that from January to the beginning of May 2026, Kaspersky solutions detected more than 92,000 attacks of malware and potentially unwanted applications worldwide disguised as popular Artificial Intelligence (AI) agents and AI services.

Cybercriminals exploited trusted brands to lure victims into downloading malicious files, with fake ChatGPT applications accounting for 49% of all detected attacks, while Claude and Gemini each represented 18%.
Since the beginning of the year, Kaspersky researchers have identified more than 15,000 samples of malware masquerading as agentic AI software, including fake versions of rapidly growing tools such as OpenClaw. Among these samples were banking trojans, spyware, exploits, and malware downloaders capable of deploying additional malicious payloads.
In May 2026, Kaspersky Global Research and Analysis Team also uncovered a new campaign linked to the Silver Fox advanced persistent threat (APT) group. In this operation, attackers distributed fake Claude AI applications for Windows, macOS, and Linux, targeting users seeking access to AI tools. Once launched, the malicious installers silently deployed malware onto victims’ devices, enabling long-term access to compromised systems and sensitive information.
“The introduction of AI agents into enterprise environments changes the nature of trust itself. Every automated action becomes part of a wider chain of systems and data exchanges, which means security is no longer just about protecting endpoints – it is about controlling how intelligence, permissions, and decisions propagate across interconnected AI-driven processes,” explains Dmitry Galov, Head of Russia and CIS units at Kaspersky Global Research and Analysis Team.
“Users should also keep in mind that attackers are actively leveraging popular AI services as a lure to steal victims’ confidential data and funds. Taking into account the evolution of modern threat landscape, reliable security solutions are becoming an essential part of digital life.”
Kaspersky recommends organisations to protect corporate infrastructure against a wide range of threats by using solutions such as from the Kaspersky Next product line that provide real-time protection, threat visibility, investigation and advanced response capabilities.
If a company lacks cybersecurity personnel, it can adopt managed security services such as Kaspersky Managed Detection and Response (MDR) and / or Incident Response that covers the entire incident management cycle – from threat identification to continuous protection and remediation.
Organisations should also equip their cybersecurity team with in-depth visibility into cyber threats targeting the organisation. For example, the latest Kaspersky Threat Intelligence delivers rich, contextual insights throughout the entire incident management cycle, enabling timely identification of cyber risks. AI-powered open-source intelligence search enhances cybersecurity teams’ ability to uncover and respond to emerging threats with greater precision.
Individual users are advised to stick to AI services from reputable companies with strong privacy and security track records. Avoid using anonymous or unknown bots that could be designed to harvest data. Malicious or fake AI bots may attempt to extract personal information to commit fraud, phishing, or blackmail. To protect your data, use a security solution to prevent visits to phishing sites and stop malware installation.
E-Business
Identy.io, US Firm Eyes 1Bn Biometric Verification Transactions in Nigeria

Identy.io, a United States-based cybersecurity and mobile biometric authentication company, has announced plans to process one billion biometric identity verification transactions in Nigeria within the next few years as digital banking adoption continues to expand across the country.

The company said increasing demand for secure digital identity systems within the banking, telecommunications, and public sectors is creating fresh opportunities for biometric authentication solutions, especially as financial institutions strengthen compliance and anti-fraud measures.
Speaking at an executive roundtable on mobile biometric innovation in Lagos, Jesus Aragon, chief executive officer, Identy.io, said Nigeria’s fast-growing digital financial services sector requires more reliable and scalable identity verification technology to support customer onboarding and transaction security.
He explained that the company’s mobile biometric solution enables users to verify their identities directly from their smartphones without depending on physical scanners, external devices, or centralized processing infrastructure.
The technology supports fingerprint and facial verification while functioning effectively in areas with limited internet connectivity.
According to Aragon, the platform is designed to integrate with Nigeria’s Bank Verification Number (BVN) system and the Nigeria Inter-Bank Settlement System (NIBSS), allowing financial institutions to carry out secure remote identity authentication.
He stated that the company’s technology includes liveness detection and deepfake identification features capable of detecting fake fingerprints, manipulated images, masks, and other fraudulent identity attempts during digital onboarding processes.
The Identy.io boss added that the company’s offline verification capability distinguishes it from several existing solutions in the market, noting that biometric authentication can be completed entirely on users’ mobile devices without constant internet access.
He further disclosed that biometric information captured during authentication remains on the user’s device instead of being transferred to external servers or centralized databases, reducing exposure to data breaches and cyberattacks.
Industry stakeholders at the roundtable also discussed the increasing pressure on Nigerian banks to improve customer verification processes following stricter regulatory directives by the Central Bank of Nigeria on Know Your Customer (KYC) compliance and fraud prevention.
Participants noted that agency banking operations in rural and low-connectivity locations continue to face security and onboarding challenges, creating demand for stronger and more flexible authentication systems.
Aragon maintained that biometric authentication could significantly reduce fraud associated with passwords and one-time passwords (OTPs), stressing that biometrics provide stronger identity assurance for financial transactions.
The company also confirmed that it has expanded its footprint across Africa, Latin America, and the United States, with operational presence already established in Nigeria and Kenya.
Aragon expressed confidence that Nigeria’s banking and telecom industries would generate massive biometric verification volumes in the coming years as financial inclusion and digital payment systems continue to deepen nationwide.
E-Business
TD Africa, HPE Drive Conversations on the Future of Intelligent Networking

TD Africa, in collaboration with Hewlett Packard Enterprise (HPE) Operated by Selectium, hosted a high-level partner engagement event on May 14, 2026, focused on emerging trends shaping the future of enterprise networking and infrastructure transformation.

TD Africa
The engagement brought together key partners to explore how organisations can build smarter, faster, and more secure network infrastructures capable of supporting today’s rapidly evolving digital economy. Central to the discussions was the growing relevance of WiFi 7 and the shift from traditional networking models to intelligent, AI-driven infrastructure ecosystems.
As businesses continue to accelerate digital transformation, conversations at the event centred on a critical question: Is your infrastructure ready for the speed of transformation? From edge-to-cloud connectivity and IoT integration to AI-enabled networking and advanced security frameworks, the session highlighted the increasing demand for agile, scalable, and resilient enterprise solutions.
Speaking at the event, Dr. Ifee Kojo, Country Manager, HPE Operated by Selectium, highlighted HPE’s commitment to helping organisations modernise their infrastructure and navigate the future of connectivity. “HPE is driving transformation across the entire technology ecosystem, from the data centre to the edge, from IoT to AI-powered connectivity.
“Our focus is on helping businesses strengthen security, improve scalability, and build intelligent infrastructures that support innovation and growth.
“Through our strong partner TD Africa, we can extend these solutions more effectively into the market, ensuring organisations have access to the right technologies needed to compete and thrive in a rapidly evolving digital world,” she said.
Also speaking, Chioma Chimere, Coordinating Managing Director at TD Africa, emphasised the importance of future-ready networking in enabling business resilience and long-term digital growth. “Networking today is no longer just about connectivity; it has become the backbone of enterprise transformation.
“As organisations embrace AI, cloud environments, remote operations, and data-driven systems, the need for secure, intelligent, and scalable infrastructure becomes even more critical.
“TD Africa is committed to ensuring our partners are equipped with the right technologies, insights, and support needed to navigate this shift successfully.
“Our collaboration with HPE reflects our shared commitment to helping businesses modernise confidently and prepare for the future of digital innovation,” she stated.
Through strategic collaborations with global Original Equipment Manufacturers (OEMs) like HPE, TD Africa continues to strengthen its position as a key distributor of enterprise and networking solutions across Africa, enabling partners and organisations to access cutting-edge technologies backed by technical expertise, market reach, and ecosystem support.
E-Financial2 days agoFG Says All Taxable Nigerian Must Obtain Taxpayer ID
News2 days agoFG Unveils Free Tax Dispute Resolution Platforms for Nigerians
Telecom2 days agoRelief for SMEs as NACAN Launches Fight Against Expensive Broadband in Nigeria
News2 days agoEFCC Which Handles Sensitive Data, Financial Records has No Privacy Policy on Website- FiJ
E-Business2 days agoTD Africa, HPE Drive Conversations on the Future of Intelligent Networking
E-Business2 days agoIdenty.io, US Firm Eyes 1Bn Biometric Verification Transactions in Nigeria
News2 days agoMoniepoint DreamDevs Bootcamp Second Cohort Set for Demo Day
General News2 days agoLagos Unveils Plan for 24-hour Electricity Supply in the State













