Connect with us

E-Business

Inlaks Launches Regional Technical Resource Centers in Ibadan and Kano

Published

on

L-R: Dorcas Olubowale, Service Manager, Keystone Bank; Olakunle Owoeye, Regional Service Delivery Manager, Southwest, Inlaks; Abimbola Ibikunle-Aina, Head, Branch Experience Management, First Bank; Ramon Alabi, Technical Operation Manager, Inlaks and Bamigboye Sunday, Regional Head, IT Support, Access Bank at the Launch of the Inlaks Technical Resource Centre in Ibadan recently.
Kindly share this post

Foremost Systems Integrator specialised in the deployment of dynamic and highly scalable ICT Infrastructure solutions in Sub-Saharan Africa, Inlaks, has launched two additional Technical Resource Centres (TRC) in Ibadan and Kano to support the existing facilities in Lagos, Abuja and Enugu.

The new Technical Repair Centres modelled after the first facility situated in Ikeja, Lagos houses skilled technical engineer’s in-charge of Automated Teller Machines (ATM) repairs, maintenance, research, remote support and training purposes for Nautilus Hyosung products, a world-leader in ATM self-service solutions.

The new centers launched on Wednesday 16th and Thursday 17th December respectively will provide a conducive environment for regional ATM technical training and repairs for both engineers of Inlaks and customers while also enhancing the decentralization of spare parts distribution in the country in order to surpass the expectation of customers. The Centres will also provide in-depth research for power solutions (solar solutions, inverter and UPS).

Reiterating the company’s commitment to providing top-notch services, the MD/CEO, Africa Operations, Inlaks, Femi Adeoti, in his opening remarks explained that the need to constantly evolve and provide value for customers led to the establishment of the TRC.

“These new centres were set up after we identified that our ATM install base in the North East/West and South West has significantly grown and we decided to take on additional services to satisfy our customers.

This is a step in the right direction in getting us closer to our clients all over the country.

Delivering his welcome address in Kano and Ibadan, the Executive Director, Infrastructure Business Division, Tope Dare, highlighted Inlaks’ focus on service and innovation excellence.

In his words: “Despite the challenges in 2020, our core focus has been geared at efficiency, quality of service and motivation for our employees to deliver value. This explains the establishment of the TRCs in Kano and Ibadan, both being central locations to North East/North West and South Western regions.

The Technical Resource Centres in Ibadan and Kano will primarily distribute spare and modular parts faster, while doing repair activities as well as serve more than 780 Hyosung ATMs in North East/West and 950 ATMs in South West.

Commenting at the launch in Ibadan, the Head, Branch Experience Management, First Bank, Abimbola Ibikunle-Aina, described Inlaks as a strategic partner to the bank while noting that the establishment of the centre is a proof of Inlaks’ excellent customer service.

In her words: “I was happy to hear about the opening of the Inlaks Technical Resource Centre in Ibadan and Kano to bring service delivery much closer to us. Usually, we deal with increased wait time to receive spare parts or maintenance services. This new facility will address that and thus, proves that Inlaks listens to its customers”.

The events rounded up with a raffle draw with Ejidokun Adekunle, IT Support, Union Bank, Ibadan and Mohammed Ibrahim, Cluster Operations and Service Manager, North 2, First Bank Limited represented by Martha Ibrahim-Buba, Head, Branch Services, First Bank Kano, being lucky winners of an all-expense paid trip to the Hyosung factory and head office in South Korea.

Inlaks has deployed over 8,000 ATM’s to financial institutions to attain the market leader position with 38% market share in Nigeria. Old and new customers in the new regions are expected to benefit immensely from these centers as services are provided at minimal rates.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

Nigerian Terra Industries Secures $11.8m for Expansion

Published

on

Kindly share this post

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.

Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.

Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.

The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.

Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.

He said safeguarding critical infrastructure from terrorist threats has become unavoidable.

Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.

The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.

Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.

With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.

While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.

 


Kindly share this post
Continue Reading

E-Business

Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

Published

on

Kindly share this post

Kaspersky Security Bulletin reviews what shaped telecom cybersecurity in 2025 and what is likely to persist in 2026. Advanced Persistent Threat (APT) activity, supply-chain compromise, DDoS disruption and SIM-enabled fraud continued to pressure operators in 2025, while newer technology deployments introduce additional operational risk.

In 2025, telecom operators faced four broad threat categories. Targeted intrusions (APTs) continued to focus on gaining stealthy access to operator environments for long-term espionage and leverage through privileged network positioning.

Supply chain vulnerabilities remained an entry point: telecom ecosystems rely on many vendors, contractors and tightly integrated platforms, so weaknesses in widely used software and services can provide a path into operator networks. Finally, DDoS remained a practical availability and capacity problem.

Kaspersky Security Network showed that last year, between November 2024 and October 2025, 12,79% of users in the telecommunications sector encountered web threats and 20,76% faced on-device threats. 9,86% of telecom organisations worldwide experienced ransomware.

At the same time, the telecommunications sector is moving from rapid technological development to broad implementation — and the report argues that this shift creates new opportunities and new operational risks for 2026.

Kaspersky highlights three areas where technology transitions could introduce disruption if rolled out unevenly or without strong controls: AI-assisted network management, where automation can amplify configuration errors or act on misleading data; post-quantum cryptography transitions, where rushed deployment of hybrid and post-quantum approaches could cause interoperability and performance issues across IT, management and interconnect environments; and 5G-to-satellite integration (NTN), where expanding service footprints and partner dependencies introduce new integration points and potential failure modes.

“The threats that dominated 2025 — APT campaigns, supply chain attacks, DDoS floods — aren’t going away. But now they intersect with operational risks from AI automation, quantum-ready cryptography, and satellite integration.

Telecom operators need visibility across both dimensions: maintaining strong defences against known threats while building security into these new technologies from day one. The key is continuous threat intelligence that spans from endpoint to edge to orbit,” said Leonid Bezvershenko, senior security researcher at Kaspersky Global Research & Analysis Team.

 


Kindly share this post
Continue Reading

E-Business

Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

Published

on

Kindly share this post

Kaspersky analysed phishing and scam campaigns observed from January through September 2025 and found that 88.5% of attacks globally sought credentials for various online accounts.

Another 9.5% targeted personal data such as names, addresses, and dates of birth, while 2% focused on bank card details.

According to data from Kaspersky, over 38 million phishing links were clicked in Africa in the previous year (from November 2024 to October 2025) – all of which were detected and blocked by Kaspersky solutions.

Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake websites where they unwittingly surrender their login credentials, personal information, or bank card details.

Kaspersky research shows that most phishing pages transmit stolen information via email, Telegram bots, or attacker-controlled panels, before it enters underground resale channels.

Data stolen through phishing is rarely used only once: credentials from multiple campaigns are consolidated into data dumps and sold on dark web markets, in some cases for as little as $50. Buyers sort and verify the data to check whether accounts remain active and reusable across different services.

According to Kaspersky Digital Footprint Intelligence, average 2025 prices ranged from $0.90 for global Internet portals to $105 for crypto platforms and $350 for online banking access. Personal documents such as passports or ID cards sold for about $15 on average, with pricing influenced by account age, balance, linked payment methods, and security settings.

As datasets are enriched and combined, attackers can build detailed digital profiles that may later support targeted attacks on executives, finance staff, IT-administrators or individuals with valuable assets or personal documents.

“Our analysis shows that credentials account for nearly 90% of phishing attempts. Once collected, logins, passwords, phone numbers, and personal details are aggregated, checked, and resold, sometimes years after the initial theft.

Combined with new information, even old credentials can enable account takeovers and targeted attacks against both individuals and organisations.

By leveraging open-source intelligence and old breach data, attackers can craft highly personalised scams, turning one-time victims into long-term targets for identity theft, blackmail, or financial fraud,” said Olga Altukhova, senior web content analyst at Kaspersky.


Kindly share this post
Continue Reading

Trending