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Cybercrime: Stakeholders at ICT Forum Worry Over N127Bn Annual Losses

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Stakeholders who gathered at this year’s edition of the African Digital Awards (ADA) have expressed worry over and seek measures to curb N127 billion annual estimated economic losses to rising wave of cybercrimes in the country.

ADA is a twin programme, which annually features an award ceremony after an intensive workshop tagged Nigeria ICT Impact CEO Forum (NIICF), where critical issues affecting the industries are assessed and solutions proffered by industry regulators and stakeholders from the private sector of the industry.

Discussions at this year’s forum NIICF forum was around “Broadband Access: The Challenges of Cyber Security: Threats and Effect on Social Media Era.

While the issue of cybercrime, in its ramifications is said to be a global phenomenon, the stakeholders, including the Ministry of Communications, Nigerian Communication Commission (NCC), Nigerian Communication Satellite Limited (NIGCOMSAT), MTN, MainOne, Association of Telecoms Companies of Nigeria (ATCON), among others were on accord that Nigeria needed to develop a strategy backed with thorough implementation of the Cybercrime Act, 2015 towards curbing the economic losses.

According to them, In Nigeria and other countries around the world, the internet has become an integral part of everyday life and has become a key development index, whose measurement is taken by development-oriented organisations and agencies.

While noting that there was no doubt about the positive impact of the internet and its peripheral technologies in enhancing people’s daily lives, they were also on accord that Internet has brought about the advent of cybercrimes, which are now threatening the socio-economic landscape of people across the globe.

Speaking at the forum recently held at the Oriental Hotel in Lekki, Lagos, Mr. Adebayo Shittu, minister of Communications, noted that within a short period of time, Internet had evolved from being a simple tool for accessing information and conducting communication and commerce to becoming a significant venue for social activity and interaction.

He, however, said that whilst this means better and more convenient services and a boost in the economy, it also creates a viable avenue for cyber attacks and criminal activities which could cripple or destabilise the national system. “As the world increasingly depends on technology and the cyberspace, especially increasing access to broadband for daily businesses, it gets more and more insecure.

Yearly, he said thousands of cybersecurity problems are identified in cyber space and technologies from known and unknown global actors leaving Internet users vulnerable.

Shittu said cybersecurity is more than a challenge for government as it poses a huge obstacle to the country’s digital transformation agenda in social and economy desired for the country, stressing, however, that the Federal Government has estimated an annual loss of over N127 billion to cybercrime activities in the nation, the minister said.

According to him, “Nigeria has had its fair share of cybercrimes between 2016 and 2017 alone, stressing that the recession in 2016 brought about numerous attacks targeted at organisations and individuals.” Noting the most recent targets in Nigeria were unsuspecting patronisers of ponzi schemes.

“In the wave of austerity, many people lost money to the said schemes carried out through cyber platforms and others fell victims to malicious and compromising websites.”

Indeed, in the electronic payment space, data from the Nigerian Inter-bank settlement Systems Plc (NIBSS) showed that in the first quarter of this year, over N374 million was lost to different cases of electronic frauds.

Meanwhile, Prof Umar Danbatta, executive vice chairman of NCC, explained while development of regulatory framework for broadband penetration, licensing of infrastructure service providers, issuance of wireless broadband licence and the offering of more wireless broadband frequency and services are part of the Commission’s efforts towards ensuring deepen broadband access, the Commission has been collaborating with necessary stakeholders in order to work together to also tackle rising wave of cybercrimes.

“For instance, the Commission, among others, is partnering with the ITU to establish in Nigeria a Regional Cybersecurity Centre (RCC) for Africa,” Danbatta said. ‘The centre, which will be sited in Abuja, will provide support in the area of technical manpower training, information sharing and other collaborative roles with local Computer Security Incidence Response Team (CESIRT).”

Also Convener of the forum, Mr. Tayo Adewusi, said as individuals get exposed to cyber crimes, “companies are also exposed to the risks in the course of interacting with their supply chain, partners and customers but all said and done, Mr, Olusola Teniola, president of the Association of Telecoms Companies of Nigeria (ATCON), said there was a need for government to create more enabling environment for service providers and collaborate with them more in order to sanitise the industry.

Mr. Kunle Adegoke, partner, M.A Banire & Associates, stressed the need for effective implementation of the Cyber Crime Act, 2015, saying “what we need is to be religious about the implementation and then not lose the sight of the fact that technology is always ahead of law and ‘so, the law must be subjected to periodic review and amendments in order to make it relevant at all time no matter the advancement in technology space.”

Chief Executive Officer, MainOne, Ms Funke Opeke, who also made a presentation that in capturing the broadband demand in the country, there was a need to encourage last-mile transmission of humongous internet bandwidth seating in the shores of Lagos to the nooks and crannies of the country to ensure wider access to broadband services. “Also, other challenges relating to multiple taxation, multiple regulation, vandalism and denial of right of way (RoW) must be addressed,” she added.

In the same vein, Ms. Abimbola Alale, chief executive officer of NIGCOMSAT, disclosed that while her organisation has been collaborating to deploy satellite facilities and encourage their usage within the country, towards encouraging deeper broadband, “we are also working day and night o ensure that our broadband services are secure for Nigerians and beyond.”

Other stakeholders,  who spoke at the event, have emphasized that the fight against cybercrimes is currently beyond socio-political and economic exigencies, adding that as broadband access gets deeper, creating wider and unhindered access to high-speed internet, there is greater need to form strategic partnerships and collaborative alliances with stakeholders, agencies, organisations and jurisdictions with the objective of forming a common front to combat the menace of cybercrime in all its ramification and manifestations in the society.

Meanwhile, awardees at this year’s ADA leg of the event included Most Outstanding Telecoms Company of the Year which went to MTN Nigeria; Regulator of the Year was clinched by Nigerian Communications Commission (NCC), Most Outstanding Government Agency of the Year grabbed by Nigerian Communications Satellite Limited (NigComSat Ltd.) and away ICT Woman of the Year won by the due Chief Executive Officers of NIGCOMSAT, Ms Abimbola Alale and Chief Executive Officer of MainOne, Ms Funke Opeke.

Also, the award jury rated Kunle Azeez of New Telegraph as Most Outstanding ICT Editor of the Year; former President of the Nigeria Internet Group (NIG), Engr. Bayo Banjo emerged as Broadcast Personality of the Year; Chief Executive Officer of Teledom Group, Dr. Emmanuel Ekuwem, won Broadband Luminary Award;  Mr. Babatunde Mo’ Aguda emerged winner of Youth Innovative Award while Mr. Chris Kehinde Nwandu won Most Outstanding Online Editor of the Year.

 

 


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FG to Fnalise National Intellectual Property Policy  Soon– NCC Boss

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Dr John Asein, director-general, Nigerian Copyright Commission (NCC), has said that the federal government is taking steps to finalise its National Intellectual Property (IP) Policy and Strategy for the country.

FG to Fnalise National Intellectual Property Policy  Soon– NCC Boss

Asein disclosed this on Friday while commemorating the 2024 World Intellectual Property Day with the theme “IP and the SDGs: Building Our Common Future with Innovation and Creativity’’ in Abuja.

The that the Day is observed every April 26 to celebrate the importance of intellectual property (IP) rights to encourage innovation and creativity.

The director-general was represented by  Mr Emeka Ogbonna, director of Legal.

NCC boss said the policy would serve as a blueprint for a more efficient modern and responsive legal and administrative framework for the country to leverage on its creative and innovative potential.

He said that the day underscored the power of innovation and creativity in achieving the Sustainable Development Goals (SDGs) and shaping a sustainable and inclusive future for humanity.

According to him, the SDGs represent a universal call to action to end poverty, protect the planet, and ensure prosperity for all by the year 2030.

“IP rights play a pivotal role in fostering innovation, creativity, and technological advancements. They provide the framework that encourages men and women to develop new solutions that address global challenges.

“It is the lynchpin for incentivising the use of creative and innovative ideas to solve many of the challenges that confront humanity.

“This year’s World IP Day reminds us that intellectual property can be a powerful tool for social, economic, and environmental development.

“It encourages individuals, businesses, and governments to leverage IP rights to drive innovation, create jobs, and build resilient communities.

“By aligning our intellectual property policies and strategies with the objectives of the SDGs, we can accelerate their achievement,’’ NCC boss said.

He said in the spirit of the “Renewed Hope Agenda’’ of the present administration, government had also shown appreciable commitment to the creative industry as a major sector of the economy.

“As one of the agencies responsible for the wholesome development of the creative sector, the Nigerian Copyright Commission will continue to provide the needed institutional, legal and administrative support for the protection, promotion, regulation and enforcement of copyright.

“The commission will pay particular attention to using the copyright system to advance Goal 1 (No poverty); Goal 4 (Quality education); Goal 5 (Gender equality).

“And Goal 8 (Decent and economic growth); Goal 9 (Industry, innovation and infrastructure) and Goal 17 (Partnerships to achieve the goals).

“We are aware that the goals would have to be adapted to fit the peculiar needs of intellectual property which is an intangible asset.’ ’he added.

The director-general, who said that the commission focused on the 17 SDGs to address emerging challenges, called on authors, innovators, users, IP experts and other stakeholders to reflect on the vulnerability of the nation’s fragile knowledge and creative ecosystem.


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NITDA, ICF Train 100 Schoolgirls in ICT Skills

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The National Information Technology Development Agency (NITDA) and Illmi Children’s Fund (ICF) have trained 100 schoolgirls in digital and Information and Communication Technology skills training.

Mrs. Maryam Augie-Abdulmumin, ICF Executive Director, confirmed this in a statement on Thursday in Lagos.

The graduation followed the training of the schoolgirls in ICF and NITDA’s DIGITGALS 2.0 programme, a collaborative initiative aimed to equip adolescent girls in Abuja with critical digital and ICT skills.

Augie-Abdukmumin said the DIGITGALS 2.0 centred around essential digital literacy, programming fundamentals, digital marketing and communication skills, and cybersecurity awareness.

She added that the girls were equipped with the confidence to compete and excel in a globalised digital economy. The graduation was in commemoration of the 2024 International Girls in ICT Day celebration on April 25.

DIGITGALS 2.0 is in its second phase and empowered 100 senior secondary school girls selected from five government schools in the Federal Capital Territory.

The girls aged between 15 and 18 years were equipped with the knowledge and tools needed to thrive in the digital world and address the growing demand for ICT skills in the 21st century.

Augie-Abdulmumin reiterated the importance of bridging the digital gap in the country starting with the girl-child.

“This graduation ceremony on International Day of Girls in ICT is a powerful symbol of our commitment to closing the digital gender gap.

This programme made possible through our partnership with NITDA, and signifies a crucial step towards bridging the digital gender gap.

It also fostering a future where women are active leaders in the tech industry. This is also an opportunity for these girls to take charge of their own future,”.

Mr Kashifu  Abdullahi, the Director-General of NITDA, commended the collaborative efforts of ICF in making the DIGITGALS 2.0 a reality.

According to him, building a diverse and inclusive digital workforce is critical for Nigeria’s success.

“We are proud to collaborate with ICF on DIGITGALS 2.0 to empower these young women to become active participants in the tech industry. This programme showcases the importance of collaborative efforts in bridging the digital gender gap.

These girls have been equipped with essential digital skills, and ICF and NITDA are confident they will become active contributors to Nigeria’s thriving tech landscape,”.

ICF is a non-profit organisation dedicated to improving the lives of children, from underprivileged backgrounds, through education, healthcare, technology and entrepreneurship initiatives.

NITDA is a public service institution established in 2007. It functions as the ICT policy implementing arm of Nigeria’s Federal Ministry of Communication and Digital Economy.


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Confronting the Google Monolith: Survival Strategies for Online Businesses

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By Reuben Kalu.

In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online.

From its humble beginnings as a search engine to its current status as a multifaceted tech behemoth, Google has entrenched itself deeply into the fabric of the internet.

Its influence is undeniable, its reach unparalleled, and its ubiquity seemingly inescapable. But can you truly run an online business without Google?

The answer, in today’s digital landscape, is a resounding no. You have no choice.

Google’s dominance extends across multiple facets of the online world, making it virtually impossible for businesses to thrive without engaging with its ecosystem.

From search engine optimization (SEO) to online advertising, email services to analytics, Google’s suite of products and services permeates every aspect of the online business landscape.

Attempting to operate without Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

At the heart of Google’s influence lies its search engine, the gateway through which billions of internet users navigate the vast expanse of online content. .

Google’s search algorithms wield immense power, determining which websites rank prominently in search results and which languish in obscurity.

For businesses seeking to attract organic traffic and expand their online presence, optimizing for Google’s search algorithms is not merely advisable—it’s imperative.

But Google’s influence extends far beyond search. Consider Google Ads, the company’s advertising platform that enables businesses to reach targeted audiences through paid search, display, and video advertising.

With billions of searches conducted on Google each day, Google Ads provides unparalleled reach and visibility, allowing businesses to target potential customers with pinpoint accuracy.

Attempting to compete in the online advertising arena without leveraging Google Ads is akin to entering a battle unarmed—a futile endeavor destined for failure.

 

Moreover, Google’s suite of productivity tools, including Gmail, Google Drive, and Google Workspace, has become indispensable for businesses seeking to streamline their operations and enhance collaboration.

With seamless integration across devices and platforms, Google’s productivity tools offer unparalleled convenience and efficiency, empowering businesses to work smarter, not harder.

Attempting to eschew Google’s productivity suite in favor of alternative solutions is not only impractical but also unwise, depriving businesses of the tools they need to succeed in today’s fast-paced digital landscape.

Furthermore, Google Analytics stands as the gold standard for web analytics, providing businesses with invaluable insights into their online performance and audience behavior.

From tracking website traffic and user engagement to analyzing conversion metrics and customer demographics, Google Analytics offers a comprehensive toolkit for optimizing online marketing strategies and driving business growth.

Attempting to gauge online performance without leveraging Google Analytics is akin to flying blind, devoid of the critical data needed to make informed decisions and drive meaningful results.

But perhaps the most formidable aspect of Google’s influence lies in its role as a gatekeeper of information and access.

With billions of users relying on Google’s platforms and services each day, the company wields immense control over the flow of online traffic and the dissemination of information.

For businesses seeking to connect with customers and expand their reach, Google’s dominance presents both a tremendous opportunity and a formidable challenge.

Attempting to circumvent Google’s influence and establish an online presence independent of its ecosystem is a Herculean task, fraught with uncertainty and risk.

In essence, attempting to run an online business without engaging with Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

While alternative platforms and solutions exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage. You have no choice.

In conclusion, Google’s pervasive influence permeates every aspect of the online business landscape, making it virtually impossible to escape its grasp.

From search engine optimization to online advertising, productivity tools to web analytics, Google’s ecosystem encompasses a vast array of products and services that have become indispensable for businesses seeking to succeed in the digital age.

While alternative solutions may exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage.

You have no choice.


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