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Amid International Data Privacy Day Kaspersky Shares Privacy Predictions for 2024

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AI-enabled wearables could spark debates about privacy, and the anticipated proliferation of AR and VR is likely to set new standards regarding privacy in 2024.

At the same time, the significance of data breaches containing passwords is expected to diminish as two-factor authentication becomes more prevalent, and users enhance privacy with assistant bots.

Data Privacy Day is held annually on January 28 to raise awareness on the topic. According to Kaspersky, the privacy field is undergoing a transformative moment due to the emergence of new technologies and evolving regulatory practices.

Major events in 2023 in the social, economic and political spheres, as well as new technological trends, will be the main factors influencing the privacy landscape in 2024. Kaspersky experts’ predictions include:

AI-enabled wearables may spark a fresh debate on privacy.

While people have embraced devices like smartphones and smart assistants in their homes, wearables, especially those with cameras like smart glasses or AI pins, tend to evoke more suspicion. The overt nature of these devices could genuinely cause privacy-conscious individuals concern, assuming they gain popularity.

AR and VR developments are poised to establish new privacy standards in 2024.

Apple’s product launches typically draw public attention, sparking discussions regarding privacy, especially when it comes to technologies that have not been regulated properly yet. With the introduction of Apple Vision Pro and the increasing integration of AR/VR into daily life, privacy concerns are likely to take center stage.

Advancing privacy through the emergence of assistant bots.

The growing prevalence of assistant bots, utilising natural language processing (NLP), offers a compelling opportunity to enhance user privacy across diverse sectors.

Envision a future where bot assistants play a crucial role in safeguarding personal data, particularly during calls. A sophisticated bot assistant could seamlessly handle user calls, ensuring sensitive information, such as the user’s voice is protected.

Leaked passwords will provide less cause for concern as their importance continues to decline.

The primary reason for the decline in fears of leaked passwords is the rising prevalence of two-factor authentication where an additional code to confirm your login is sent via SMS or generated in a special authenticator application, such as Kaspersky Password Manager. Additionally, some services, like Google, already feature “passwordless” authentication via passkeys, while others favour biometric authentication over traditional passwords.

“In the era of evolving technologies, the notion of private data must extend beyond traditional boundaries. The advent of AI-enabled wearables, AR/VR developments, and the rise of assistant bots necessitate a broader understanding of privacy.

As these innovations become integral to daily life, our concept of personal data must encompass not only what we willingly share but also the nuanced interactions and insights these technologies inherently possess,” comments Anna Larkina, security and privacy expert at Kaspersky.


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E-Business

Outdated Tech Holding Back Innovation in Organizations

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A new report by a leading global IT infrastructure and services company, NTT DATA has revealed that 80 per cent of organizations have agreed that inadequate or outdated technology is holding back organizational progress and innovation efforts.

In fact, 94 per cent of C-suite executives believe legacy infrastructure is greatly hindering their business agility.

These findings come from NTT DATA’s inaugural Lifecycle Management Report. The report, which leverages 25 years of data-led insights from NTT DATA, explores the challenges and opportunities that exist for organizations as they navigate infrastructure lifecycle management.

The research was conducted over 2022 and 2023, gathering data from over 248 million active assets across 130 countries and supported with responses from up to 1400 senior technology decision makers.

Lifecycle management is a critical enabler of business success. Unfortunately, rapid modernization, and the proliferation of technology consumption models, coupled with an increasingly complicated and fragmented supplier ecosystem, make it difficult for many organisations to adequately maintain their technology infrastructure in a way that fosters business agility and innovation.

Compounding issues, the report finds that more than two thirds (69%) of currently active hardware (with scheduled last day of support) will no longer be supported by 2027.

According to the report, just 51 per cent of enterprises have fully aligned their technology approach to their business strategy needs, while 71 per cent of organizations say their network assets are mostly ageing or obsolete.

Unfortunately, lifecycle management can also have an even more direct impact on operations. Misaligned lifecycle patterns can result in inappropriate coverage levels, laborintensive renewals, extended incident resolution times, security breaches, and even costly license violations and compliance issues.

Gary Middleton, Vice President of Networking GTM at NTT DATA, said: “Infrastructure lifecycles are a critical part of the IT management process. They represent an opportunity and a challenge for leadership, as effective lifecycles can result in huge business benefits – from increased efficiency to fostering greater innovation. “However, inefficient lifecycle management can equally be a meaningful operational blocker, posing numerous risks to security and business continuity.

“Through the Lifecycle Management Report, our aim is to help organizations enhance their infrastructure lifecycle processes and unlock the huge benefits doing so presents.”

It would be recalled that an earlier report by PwC had indicated that in Africa, the tech-ecosystem had experienced impressive growth and is evolving rapidly.

It noted that there was a high level of optimism about the potential that the continent has to offer by harnessing the strength of its largely young, rapidly growing and technology savvy population.

“Nigeria is one of the continent’s more established startup ecosystems, with firms like Interswitch dating as far back as 2002. “Albeit the growing tech-sector in the Nigerian economy and significant private funding secured by African tech start-ups over the years, the tech sector is grossly underrepresented in the Nigerian capital market “ the report said.

It also highlighter that the future of countries, businesses, and individuals would be more dependent than ever on their adoption of technology, adding that economic vibrancy and wealth creation in developed countries had been associated with technological advancements and digital innovation & transformation.

“Today, most of the companies with the world’s largest market capitalizations are tech companies that generate much of their revenue from the digital ecosystems they created. This is a significant change from the early 2000s to this current time,” the report added.

 


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DisCos’ revenue rose by 17% to N291bn in Q1 2024 – NBS

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National Bureau of Statistics (NBS) has revealed that electricity distribution companies (DisCos) in Nigeria made a total of N291.62 billion in the first quarter (Q1) of 2024.

NBS, in its latest report on electricity for Q1 2024, released on Sunday, June 23 also said there was a decline in electricity supply in the period reviewed.

The revenue by DisCos rose by 17.91 percent compared to the N247.33 billion recorded in Q1 of 2023, the bureau said.

According to the bureau, power supply dropped from 6,432.22 gigawats per hour (Gwh) in Q4 2023 to 5,769.52 (Gwh) in Q1 2024 but on a year-on-year basis, electricity supply decreased by 1.41 percent compared to 5,851.87 (Gwh) reported in Q1 2023, NBS said.

“Revenue collected by the DisCos during the period was N291.62 billion from N294.95 billion in Q4 2023, “the report reads.“On a year-on-year basis, revenue generated in the reference period rose by 17.91% from N247.33 billion recorded in Q1 2023.”

The NBS also said the total number of customers stood at 12.33 million in Q1 — up from 12.12 million in Q4 2023 — representing an increase of 1.78 percent.

“On a year-on-year basis, customer numbers in Q1 2024 rose by 9.47% from 11.27 million reported in Q1 2023,” the bureau said.

“Similarly, metered customers stood at 5.91 million in Q1 2024, indicating a growth of 5.38% from 5.61 million recorded in the preceding quarter.

“On a year-on-year basis, this grew by 11.26% from the figure reported in Q1 2023 which was 5.31 million.”


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NITDA Commits to Deliver NDLF Initiatives Through Innovative Ideas

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In line with the digital literacy campaign of the National Information Technology Development Agency (NITDA), the Director General NITDA Kashifu Inuwa CCIE has said the Agency’s committed to achieving 70% digital literacy level by 2025 through innovative approaches in delivering initiatives, continuous collaborations and stakeholder engagement.

Inuwa made this known while receiving representatives from the Afre.lib Academy led by the Executive Director of Operation Mrs Joice Gomina who were on a visit to the Agency’s Corporate Headquarters in Abuja.

The purpose of the visit was to seek NITDA’s partnership as co-host of Afre.lib Academy’s bootcamps in August; 2024 Tech and Career Expo with the theme “Tech for Earth” in September; to have the DG as a Keynote Speaker and sponsorship support for their Tech Challenge Winners.

He said from the digital literacy perspective “We have three key areas, firstly, is the Formal Education where we are working with the minister of education to review curriculum and infuse all these skills in formal education, but we have a lot to do to achieve that in terms of training the teachers, getting the equipment available for them to use and so on.”

“Sencodly, for those outside the formal education (informal), we have an initiative which we call the Digital Literacy for All where we are working on building an Edtech platform (a learning Management System) where people can learn at their own pace. We are looking at translating it to Nigerian Languages, so that people who cannot read and understand English can do so in their own local languages.”

“We are exploring partnering with the National Youth Service Corp (NYSC) as they are in 774 local government areas, to be onboarding people and making the content as simple as possible. So that anybody who listens or watches these contents can pick something from it. We believe going through the NYSC will help use reach the critical mass we are looking at.”

“Finally, we also have the formal workforce, which is to train people working for the government and private sector because the workforce needs to be digitally literate to increase productivity at work.

Inuwa assured the Academy of the Agency’s full support as both organisation share the same vison of fostering IT development and digital literacy.

“We need to review your curriculum to make sure it aligns with the National Digital Literacy Framework (NDLF).”

He added that NITDA is working to have at least one Innovation Hub per state so that when people learn they can have a place to develop there proof of concept.

He stated that both organisations can work together in the aspect of having tech clubs across schools in the country.

The ED Afre.lib Mrs Gomina said that the Academy’s which is a made up of a team of experts’ passionate educators has seen the gap between young children who are digital natives and their teachers who are still using old methods to prepare them for a future that is constantly evolving.

She said the Academy is working on building a platform where these children will be mentored and given a safe space to explore technology within the ethics of morality.

“We want to reduce that entitlement mentality and increase that mentality of citizenship, responsibility, and showing them that they can contribute to nation building using technology,” she said

She mentioned that some of the activities of the Academy includes, bootcamps for children, summer tech challenges teacher training as she appreciated the Agency for its willingness to support and partner with the Academy.

The Academy did a demo of some of the prototype developed by children who have undergone trainings with them.

 


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