E-Business
Africa Prepares to Become World’s First Cloud-native Continent

Standard Bank and Amazon Web Services (AWS) have expanded their strategic relationship and announced the intention to build an African Innovation Lab – an incubator and accelerator of large-scale innovation projects and new business models “that deliver exceptional client experiences and have the potential to accelerate Africa’s economic development.”

The collaboration builds on a three-year relationship that has seen the establishment of the AWS Cloud Centre of Excellence within Standard Bank, featuring a dedicated team focused on facilitating the migration to the cloud and building AWS training and certification programs to up-skill all employees.
Standard Bank selected AWS in 2019 as a preferred cloud provider to migrate production workloads, including its customer facing platforms and strategic core banking applications, to the cloud.
Standard Bank Group continues to use AWS services, including data analytics and machine learning, to automate financial operations and enhance existing applications, and develop new and more personalised banking and investment experiences.
Sim Tshabalala, Standard Bank Group CEO says, “Innovation is one of the key pillars supporting Standard Bank’s strategy of transforming from a traditional financial services company into a digital platform company. The ability to pilot new services and solutions in one market, and scale rapidly across others is especially relevant for a company with a footprint as broad and diverse as ours.
“The speed and scale of continuous innovation enabled by the collaboration with AWS allows us to develop new services using the latest technologies and mobile services to meet evolving client needs and deliver frictionless personalised customer experiences.”
The strategic collaboration will result in the Bank investing further in the power and scale of AWS to drive competitive differentiation, with the agility and resilience needed to quickly respond to market changes and customer needs.
The financial group cites AWS’s broad and deep portfolio of cloud technology services, and unmatched commitment to security excellence within the financial services sector as reasons why the Group chose AWS as its preferred cloud provider.
The Chief Executives and senior leaders from Standard Bank, AWS and Amazon met earlier this year in an Executive Visioning session to discuss shared areas of interest to jointly develop. One such initiative aspires to develop young Africans’ digital skills to help train Artificial Intelligence and Machine Learning algorithms for African use cases that will benefit our respective customers.
“Africa could become the world’s first cloud-native continent, and for Standard Bank Group to realise its platform ambitions whilst remaining a leader in African financial services, we recognise we need to adopt a cloud-first approach to our business.
The combination of AWS’s passion for invention, long-term thinking and operational excellence, combined with Standard Bank’s customer obsession and desire to constantly innovate, will allow us to build Africa’s financial services organisation of the future and to be positioned as more than a bank,” adds Tshabalala.
Frank Fallon, Vice President of Financial Services at AWS says: “Since 2019, Standard Bank Group and AWS have worked together to explore new avenues to innovate, maintain operational excellence, and deliver secure banking services to customers around the world.
When companies build on AWS, they gain access to AWS’s unparalleled experience in powering global financial institutions and the deepest and broadest suite of cloud services to accelerate growth. As one of the largest financial institutions in Africa, we are pleased to continue working with Standard Bank, and we look forward to helping the Bank innovate to meet the needs of tomorrow.”
E-Business
CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalisation of Alpha Morgan Bank, marking an important milestone in the bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution.

This affirmation reflects the bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and improved service delivery to customers.
With this milestone, Alpha Morgan Bank is well positioned to continue expanding its footprint with its 14 approved branches across different states, while deepening inclusivity and enhancing the range of banking solutions available to individuals, businesses, and institutional clients nationwide.
Commenting on the development, the Managing Director of Alpha Morgan Bank, Mr. Ade Buraimo, expressed the readiness of the bank in ensuring compliance with regulatory requirement, good governance framework while delivering satisfying banking along the long-term vision of the bank to become the best bank to work and strong financial institution to reckon with.
He said: “Capitalisation is more than a regulatory requirement; it is an opportunity to strengthen the institution for the future. The affirmation of Alpha Morgan Bank capitalisation reflects the work we have done to build a solid capital foundation that allows us to support businesses more effectively, expand financial access and continue delivering the level of service our customers expect.’’
According to him, Alpha Morgan Bank remains committed to maintaining strong corporate governance standards, sound risk management practices, and prudent financial management as it continues to support economic development and create long-term value for stakeholders.
“As Alpha Morgan Bank enters the next phase of its journey, the institution will continue to scale its operation, invest in technology, expand its branch network and digital banking presence, whilst delivering reliable and satisfying banking experiences to its growing customer base,” Buraimo added.
E-Business
Police Says Victims Enable Cyber Attacks Out of Ignorance

Mr Uche Ifeanyi, commissioner of Police in charge of the Nigeria Police Force National Cyber Crime Centre (NPF-NCCC), said on Friday that most cyber attacks occur because victims act out of ignorance.

He spoke in Abuja at the opening of an online cybercrime awareness campaign themed “Odogwu No Dey Hide Him Face,” organised to educate and empower communities about online safety and cyber hygiene.
“Studies reveal that the majority of cyber attacks are initiated or enabled by victims due to lack of knowledge.
“Personal information is invaluable and must be protected at all times.
“Just as we maintain physical health, we must also maintain a healthy digital lifestyle,” he added, stressing that simple cyber hygiene practices could greatly reduce the risk of becoming a victim.
He urged the public not to disclose confidential information to unauthorised persons and to use strong, unique passwords, enable multi-factor authentication, and apply security safeguards on digital devices.
“Keep personal information private, avoid suspicious links, and regularly update software or system patches,” he said, adding that antivirus programmes and firewalls were essential for online safety.
Ifeanyi warned against falling for “free gifts” online.
“If it sounds too good to be true, it most likely is fraud,” he said, advising caution with urgent or suspicious messages.
He also urged internet users to verify information before sharing to avoid spreading fake news, emphasising that cybercriminals could exploit everyone regardless of age, occupation, or social class.
Vincent Olatunji, director-general, National Data Protection Commission (NDPC), commended NPF-NCCC for its efforts and said the campaign theme was commendable.
He noted the importance of educating people on legitimate wealth and safe internet use.
Olatunji said that the fight against cybercrime required collective effort, warning that the risks were increasing daily as more people connected to the internet across Nigeria.
E-Business
Firm Enhances its Security Awareness Platform with SCORM and PDF Support

Kaspersky has introduced an update to its Automated Security Awareness Platform, adding full support for PDF and SCORM (Sharable Content Object Reference Model) – the industry-standard protocol for deploying and managing e-learning content.

The enhancement enables organisations to build fully customised cybersecurity training programmes that reflect their infrastructure, risk profile, and internal policies, while continuing to benefit from Kaspersky’s expert-driven security content and phishing simulations.
According to the Kaspersky report titled “Redefining the Human Factor in Cybersecurity”, employees responding to phishing attacks was one of the main causes of cyber incidents in companies worldwide, accounting for 21% of cases among other reasons.
At the same time, additional Kaspersky research reveals that social engineering attacks are predicted to increase more than any other type in the nearest future, with 87% of respondents believing that social engineering attacks will become even more effective due to the use of AI tools.
The new Kaspersky Automated Security Awareness Platform (Kaspersky ASAP) update directly addresses several persistent challenges such as reducing the number of human-related incidents, cutting time spent on managing training programmes, decreasing regulatory and compliance risks, and minimising potential legal or reputational damage stemming from cybersecurity breaches.
With the new SCORM support, the platform becomes even more flexible: companies can now upload, track, and manage their own SCORM-based learning materials directly within the system. In addition, companies can accelerate their programmes by using easier-to-create PDF-formats.
This allows organisations to tailor training to their specific technology stacks and emerging threats targeting their industry or region. Businesses that have already invested in third-party SCORM courses or internal learning development can now seamlessly reuse their existing modules, protecting their prior investments while strengthening their cybersecurity posture.
The combination of Kaspersky’s embedded content built on real cases uncovered by the company’s world-class experts with customers’ PDF materials or SCORM modules enables a true best-of-breed approach to human risk management.
Organisations can supplement Kaspersky’s up-to-date cyberattack scenarios with internal policies, unique workflows, and industry-specific lessons, ensuring training resonates with employees and reflects real operational challenges.
“Human behaviour remains one of the most unpredictable elements in cybersecurity and also one of the easiest for attackers to exploit. By adding SCORM support to Kaspersky Automated Security Awareness Platform, we’re giving organisations the flexibility to build training programmes that truly match their internal realities.
“Combined with Kaspersky’s expert-driven content and real-world attack data, this update empowers companies to create more adaptive, relevant, and impactful awareness programmes than ever before,” comments Svetlana Kalashnikova, Security Awareness expert at Kaspersky.
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