Telecom
CIOs in Nigeria Worry Over Incessant Data Breach
For Nigerian CIOs, the consequences of a possible security breach is their number one concern as they look to navigate an increasingly complex threat and regulatory landscape.
![Ola Williams, Country Manager, Microsoft Nigeria](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/09/Ola-Williams-Country-Manager-Microsoft-Nigeria-2-300x200.jpg)
Ola Williams, Country Manager, Microsoft Nigeria
This is according to the Enterprise Security Trends in Nigeria survey, conducted by the IDC and commissioned by Microsoft, which highlights the latest cloud security developments in Nigeria.
Spend on security solutions among companies is growing along with cloud adoption services. According to the IDC, 72 percent of organizations in Nigeria have increased security budgets by 10 percent or more over the last few years. This is not only the result of accelerated cloud adoption levels, but also increased awareness of security in senior management and rising new threats.
The research reveals that the pace of enterprise-wide cloud adoption is rapidly increasing as business leaders look to ensure flexibility, agility and business continuity throughout their daily operations.
Almost half of organizations (41 percent) said they will be using a combination of on premises and cloud solutions in just two years’ time. Already, six percent of organizations prefer to use the cloud; and this number is expected to grow to eight percent over the next two years. This increased adoption speaks to the confidence companies have in cloud solutions as they prepare to navigate a post COVID-19 world.
An ever-changing threat landscape
Bad actors, however, have noticed that more data is being processed in the cloud and there’s been a noticeable increase in cyberattacks. In fact, the FBI ranked Nigeria 16th among the countries most affected by cybercrimes in 2020. The impact of the COVID-19 pandemic forced more people to learn, work, shop, bank and connect online than ever before.
More devices, networks and connection points have resulted in the expansion of the threat surface, bringing the need for a robust security strategy to the fore.
Security remains a major focus for Nigerian organizations with around 61 percent of companies prioritizing endpoint security solutions as endpoints increasingly move beyond the enterprise core.
Another 41 percent are implementing VPNs and virtual desktop infrastructure to secure remote workers. In line with the growing threat of phishing and ransomware, half of organizations are deploying identity and access management (IAM) solutions.
Companies also face pressure from government regulators to ensure company, employee and customer data remains protected.
The Nigerian Data Protection Regulation (NDPR) was brought into effect in October 2019 to regulate who can access and control personal data and help combat the growing threat of cybercrime. Despite this, just 12 percent of organizations feel they are fully compliant with Nigeria’s data protection regulations.
“There’s no doubt the risk landscape has become more complex, and while cybersecurity solutions have matured a great deal, threat actors are not idling. As organizations continue to pursue their digital transformation journey, security must be considered every step of the way to ensure a safer digital environment for all,” says Ola Williams, Country Manager for Microsoft Nigeria.
To find out more about cloud security trends in Nigeria, read the Cybersecurity: A Digital Transformation Imperative White Paper by the IDC and commissioned by Microsoft.
Telecom
MoMo PSB, LSSBI Advisory Partner for Seamless Tax Payments
MoMo PSB has announced a partnership with Leadership Strategy Sustainability Business Innovation (LSSBI) Advisory to enhance financial inclusion and streamline tax payments in Ekiti, Nasarawa, and Rivers states.
This collaboration introduces MoMo as the official payment platform for taxpayers, enabling easy and convenient payments via the USSD code *5229#.
Nigeria CommunicationsWeek report that the partnership aims to boost compliance, drive revenue development, and promote financial autonomy for marginalised communities. Key stakeholders highlighted the significance of this collaboration in closing the financial gap and promoting economic growth.
Read Also: MTN Nigeria takes full control of MoMo bank for $4.6m
With this initiative, MoMo PSB reaffirms its commitment to providing accessible and user-friendly financial services to all Nigerians, particularly the unbanked and underbanked populations.
The launch of the USSD code *5229# demonstrates MoMo PSB’s dedication to expanding financial inclusion and promoting digital payments.
Ekiti State officials lauded the partnership, commenting on the convenience of using the MoMo payment platform, while emphasising its potential to increase tax compliance and benefit local communities.
The collaboration is part of a broader initiative to empower citizens with financial autonomy, encourage saving, and promote responsible money management.
As the rollout begins in Ekiti, Rivers, and Nasarawa, MoMo PSB and LSSBI Advisory aim to expand the initiative nationwide, encouraging other states and private sector partners to explore similar collaborations, leveraging technology to improve access to financial services. This partnership marks a new era in tax payment solutions, prioritising efficiency, inclusivity, and financial empowerment for all Nigerians.
MoMo PSB, established in May 2022 as the fintech division of MTN, continues to focus on delivering user-friendly, accessible, and affordable financial services to both new and existing customers across Nigeria.
Telecom
Glo Introduces Instalment Payment Scheme for Purchase of Smartphones
Globacom has unveiled a new device acquisition scheme to enable Nigerians own smartphones and pay conveniently over several months. The scheme is dubbed: “Buy Now, Pay Small Small” and is available in Gloworld shops across the country.
The scheme aims to bridge the digital divide by enabling individuals and businesses have access to the latest smartphones and devices more conveniently. This, Globacom claims, will make customers more connected and more productive.
A press statement released by Globacom explained that it is offering flexible payment options to its customers so they can acquire devices of their choice and spread the cost of these new devices over several months through instalment payments that is manageable for them.
The scheme has a wide range of smartphones and other smart devices from top brands that customers can chose from.
This device financing is available to all new and existing Glo customers who can avail the benefits of the programme when purchasing new devices from Gloworld stores across Nigeria.
Moreover, customers can choose from various payment plans to suit their budget, with tenures of up to six months and special interest rates on all flagship devices.
Globacom said customers who purchase devices under the programme will also be given a data bonus of 18GB for six months, adding that it is focused on customer satisfaction, through ensuring a convenient system of smartphone acquisition for Nigerians.
Telecom
Here’s Your Last Chance to Secure Discounted Starlink Kits @ Konga
Starlink Week at Konga, an exceptional opportunity to acquire reliable satellite internet at a significantly discounted price, ends tomorrow, Saturday, August 31, 2024.
Nigeria CommunicationsWeek gathered that customers now have chance to secure a Starlink kit at an exceptional price and experience the transformative power of high-speed internet.
Throughout the week, Konga has been dedicated to making Starlink’s cutting-edge technology more accessible to Nigerians.
Read Also: Konga Announces Starlink Week: An Opportunity To Own High Speed Internet Kit
The e-commerce giant offered Starlink kits and accessories at reduced prices, along with perks that have made this offer hard to resist.
In addition to the unmatched prices, Konga included free nationwide delivery to ensure that customers from every corner of Nigeria benefited from this offer.
Konga also provided free same-day delivery in major cities like Lagos, Abuja, and Port Harcourt, ensuring that customers can start enjoying their Starlink experience almost immediately.
As Starlink Week draws to a close, this is the final call for those who still need to take advantage of this limited-time offer.
The discounted prices, combined with the exceptional delivery options, represent a rare opportunity to invest in a technology that has revolutionized internet accessibility across the globe.
Konga’s Starlink Week has been more than just a promotional event; it has been a gateway to connectivity, offering Nigerians a reliable solution to their internet needs.
Starlink provides the service you need to stay connected wherever you are in Nigeria.
Take advantage of this exclusive opportunity. Visit Konga.com today or walk into any of Konga’s retail stores to secure your Starlink kit before the campaign ends.
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