E-Business
‘Global Software Solution Revenues Will Surpass $32Bn in 2018’

A newly published International Data Corporation (IDC) study forecasts that revenues for marketing software solutions are expected to grow from approximately $20.2 billion in 2014 to more than $32.3 billion in 2018, with a compound annual growth rate (CAGR) of 12.4%.
From 2014 to 2018, IDC estimates that organizations will spend a total of $130 billion on software for marketing departments.
Key Market Drivers Include: Changing consumer expectations; Competitive advantage gained by early adopters; Market investment by the world’s largest IT providers; Marketing as a Service (MaaS) and The rise of agencies and business process outsourcers (BPOs) as alternative providers.
“Marketing organizations are rapidly adopting new technology to better serve their customers, increase efficiency, and drive measurable business performance,” said Gerry Murray, research manager with IDC’s CMO Advisory Service. “As a result, there is enormous market opportunity for suppliers.
“However, the market will see a number of transformations as it evolves from point solutions to platforms to marketing as a service. The full potential of this market will only be realized when technology, creative and technical services come together. How that happens will determine the winners and losers.”
The study, Software Solutions for Marketing 2014-2018 Forecast (IDC #251902) examines the software solutions for marketing market for the period from 2011 to 2013.
The forecast covers 76 categories of software for marketing that are organized into four areas: interaction systems, content production and management, data and analytics, and marketing management and administration.
E-Business
NDPC Probes Suspected Data Breach in Examination Centres

Nigeria Data Protection Commission (NDPC) has launched an investigation into allegations that the confidentiality and integrity of candidates’ personal data may have been compromised by hackers.
The Commission initiated the inquiry following concerns over possible data breaches during examinations.
Preliminary findings indicate that several examination centres may not have implemented adequate technical and organizational measures to safeguard candidates’ personal information, as required under data protection regulations.
Although the incident reportedly affected 379, 997 candidates, the NDPC’s investigation is poised to cover a systemic audit of data processing and third parties.
It will be recalled that JAMB recently admitted that a technical error on its platform affected a total of 379,997 candidates in 157 examination centres across Lagos and the South-East.
Further investigation led to the arrest of at least 20 suspects who are currently in the custody of the Department of State Services and the Nigerian Police Force.
E-Business
Nigeria Among Hotspots as Kaspersky Warns of Rising Ransomware Threat in Africa

Cyber security firm, Kaspersky, has once again warned that sophisticated cybercriminals increasingly target Africa as ransomware and advanced persistent threats (APTs) escalate across the region.
Speaking at the company’s annual Cyber Security Weekend for the Middle East, Turkiye and Africa (META) region, the cybersecurity firm’s Global Research and Analysis Team highlighted growing digital threats affecting African nations.
Kenya, Nigeria, and South Africa emerged as hotspots, with Kenya recording one of the highest web threat incident rates at 20.1% in first quarter 2025.
“While ransomware is less prevalent in Africa due to lower levels of digitisation and economic constraints, countries like South Africa and Nigeria are seeing a sharp rise in attacks,” said Sergey Lozhkin, head of META and APAC regions at Kaspersky.
Kaspersky noted a 0.01 percentage point increase in African ransomware cases year-on-year, reaching 0.41%, still below global and Middle Eastern averages, but a troubling sign for the continent’s emerging digital infrastructure.
Experts warned that attackers are refining their tactics, shifting focus to unconventional entry points like IoT devices, smart appliances, and misconfigured hardware.
“As these economies expand digitally, sectors such as manufacturing, finance and government are becoming key targets,” said Lozhkin
The cyber-crime landscape is evolving quickly, fuelled by AI tools and dark web access to large language models, which enable less skilled actors to launch convincing phishing and malware campaigns.
Groups like FunkSec, which uses AI-generated code and a low-cost ransom model, are redefining ransomware operations.
“African organisations face the dual challenge of expanding digital footprints and limited cybersecurity awareness. This makes layered defense strategies, including network segmentation, real-time monitoring and regular staff training, essential,” stated Lozhkin
Kaspersky continues to monitor 25 active APT groups in the META region, including SideWinder and MuddyWater, some of which are known to target African institutions.
To bolster defenses, the firm recommends using tools such as its free Anti-Ransomware Tool for Business and the Kaspersky Next suite for threat visibility and response.
E-Business
Nigeria Launches Cybercrime Team with Commonwealth, UK Support

Nigeria recently launched a new joint case team to step up its response to cybercrimes that affect people and businesses at home and abroad.
The ‘Joint Case Team on Cybercrime’ brings together Nigeria’s key justice and security agencies to work as one, making it easier to detect, investigate, and prosecute digital offences.
It is supported by the UK National Crime Agency, the UK Foreign, Commonwealth and Development Office, and the Commonwealth Secretariat, as part of a wider effort to promote international cooperation on cybercrime.
Speaking at the launch in Abuja, Prince Lateef Fagbemi SAN, minister of justice and attorney general of the federation described the initiative as “a bold and transformative stride in Nigeria’s justice system.”
He said that although Nigeria has a national legal framework to address cyber offences, laws alone are not enough.
Nigeria is among the countries most affected by cybercrime around the world, with increasing financial losses.
- E-Business2 days ago
Nigeria Launches Cybercrime Team with Commonwealth, UK Support
- Telecom2 days ago
Telecom Subscribers Decline By 43m in One Year
- Telecom2 days ago
NCC Orders Telcos to Compensate Subscribers for Outages More than 24 Hours
- E-Financial2 days ago
SERAP Drags CBN to Court over Alleged Failure to Disclose LG Allocations
- General News2 days ago
HEDA Sues FG, Oil Giants over Alleged Unlawful Oil Licence Transfer
- Telecom2 days ago
IHS Nigeria, NSCDC Partner to Protect Telecoms Infrastructure
- Telecom1 day ago
Engr. Ikechukwu Nnamani Receives Two Prestigious @ABoICT Awards
- E-Financial1 day ago
EFCC Recovers over N20Bn Stolen by Hackers from 6 Banks in Nigeria