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Flour Mills of Nigeria Gets ISO 27001 certification For Robust Cyber Security Framework

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Flour Mills of Nigeria PLC, a leader in the Fast-moving consumer goods (FMCG) recently passed the PECB ISO 27001certification audit for its Information Technology (IT) and cybersecurity framework and policies.

This certification has placed Flour Mills of Nigeria PLC as the foremost Nigerian firm in the FMCG sector to be presented with such a certification. ISO 27001(Information Security Management System) is the most recognized international standards for information security management for any organization globally.

It provides clear processes for effective implementation and continuous mitigation to data/security breach for any organization.

This certification has placed Flour Mills of Nigeria PLC as an organization that is in line with the global best practices when it has to do with cybersecurity and data breach.

The PECB ISO 27001 Certification was facilitated by Nigeria’s cybersecurity firms, Kecam Technologies Limited and DataSixth CyberSecurity Limited.

These firms in line with an international recognized audit firm conducted series of interviews, ensured that the right implementation was in place and also guided the organization to achieve the PECB ISO/27001 certification.

On the importance of the certification to Flour Mills of Nigeria PLC, Omoboyede Olusanya, group managing director / CEO said ” We appreciate this certificate and the credit should go to the team that ensured that this happened. This is a document that shows that we have done something and we are very particular in the areas of cybersecurity. We are desirous to build a world-class organization. It is a process and it is an engrained process, there is a continuous stride that we have here. We will keep improving.”

Speaking to the media, Serge Yao,  group head of Information Technology (IT) Flour Mills of Nigeria PLC said, “This certification brings reassurance to business’s cybersecurity posture. It proves that we have well-defined system to handle cyber-attacks and cybersecurity. This certification testifies that FMN take seriously the confidentiality of information asset and IT risks are controlled. (Financial loss and damage to reputation are mitigated). We started our cybersecurity program fourteen months ago; the whole organization was engaged, and I want to thank FMN leadership team for the continuous support. It has been a transformational journey for all our employees toward cybersecurity; weak areas were exposed and rectified. Globally targets for cyber-attacks have shifted toward manufacturing firms; so, we must mitigate IT risks and potential damage. We are the first indigenous FMCG to be certified and many more will follow for sure. This is a beginning, and we will continue to follow the best practices and ensure that we have our recertification next year. “

On the importance of certification, Bonny Mekwunye, chief executive officer of, Kecam Technologies Limited, an indigenous Cybersecurity company in Nigeria said “About 10.5 trillion dollars will be the cost of cybercrime by the year 2025, what does this mean, it is basically that many organizations will be exposed to cyber-attack, it is important that organizations must start thinking how to build their cyber security framework such as people, processes and technology. This is where ISO certification comes in. This is a globally recognized body that is designed for organizations that are desirous and serious to look into their cyber security processes. Flour Mills Nigeria PLC has seen the relevance to protect their digital infrastructure and we were invited to provide a consulting service with our other partner which is DataSixth CyberSecurity Limited. This certification means that they are globally recognized in the area of data security just like other big firms in the world. “

Happiness  Obioha, country manager of DataSixth CyberSecurity Limited, said “This certification is all about data security for the organization and the need to have a round the clock continuous protection. This is a bold step for Flour Mills of Nigeria PLC. There is cyber resilience and they are sure that their critical infrastructure is protected. This certification demonstrates that the organization is equal to task in the area of cybersecurity and it shows that they are digitally inclined. This certification will build a lot of moral, trust and confidence for the organization and their stakeholders.

The ISO 27001 is a globally acceptable certification for organizations that are desirous of strengthening the IT and cybersecurity frameworks. It uses a top down, risk-based approach and most time it is technology-neutral. The approach mostly is in six phases such as the organization’s security policy, the scope of their Information Security Management System, risk assessment, how they manage identified risks, how objectives and controls are implemented and statement of applicability.

 

 

 


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E-Business

Paga Hits N14tri Transactions Value in 15 Years

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Paga, a payments and financial services provider for Africa has processed transactions value to the tune of N14trillion in the last 15 years of its existence.

Tayo Oviosu, chief executive officer, Pagatech, said at a media interaction to mark the company’s 15 anniversary that 80 percent of the amount was done in the last five years.

“When we celebrated 10 years of our business that was five years ago, we have grown our transactions values by 7 times, across the three business arms of our operation which includes; consumer payments, platform as-a-services and super App for retailers.

“This has translated into job creation as we have created over 1,000 direct jobs in Ethiopia and in Nigeria and indirect jobs through our agent network to about 100,000 jobs, this is economic empowerment of Nigerians.

“Our desire is giving people financial freedom and making life possible for them and impacting on our community. We are really proud of our economic achievements and we are making sure that our customers get the best experience.

“We are super excited about what the future holds for our business. Our vision is a world where cash does not exist anymore. We ensure that our customers’ money is safe by complying with the highest global security standards.

“Our focus is on helping both consumers and sellers pay, get paid, and access financial services. We do this directly; and through our Platform-as-a-Service, which enables other third parties to leverage the deep infrastructure we have built for endless possibilities.

Oviosu, further explained the three business lines Paga has transformed into from a mobile money operator from inception to a financial services provider includes; Consumer payment: where anyone can open a Paga account from any type of phone, by download Paga App from Apple or android store or dial *242# from any type of phone device.

“With Paga app, you can fund the account, make payments and also have a physical Visa card or a virtual Visa card on the account. This gives you significant convenience over other bank accounts we have in the market today.

You can send money into that account from any bank account or walk into any bank branch to fund the account. You can as well go to any agent and fund or make transactions from the account,” he said.

He added that when he started the business 15 years ago, there was no infrastructure, “we had to build the required infrastructure to support the business. Two years ago, we opened our infrastructure to allow other technology companies to use it for their own business. We called this Platform as a Service. With Platform as a service we are serving 150 businesses who are using our infrastructure to execute their own businesses.

“The third arm of our business is what we called Doroki this a different brand which is super App for retail business. If you are a supermarket you use it to manage your inventory among others. This is the youngest arm of our business” he noted.


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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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