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Innovating Locally, Impacting Globally: Jumia’s Drive for Tech Talent Excellence

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The future is digital, but for Africa to make the most of that future more attention must be given to developing and leveraging local tech talent. Research from several renowned organisations and bodies, including multinational accounting firm, PricewaterhouseCoopers International Limited, reveals that the digital economy has the potential to contribute 25% to the global GDP. On a continental level, its contribution is projected to exceed $712 billion by 2050.

Africa already has the working-age population needed to harness the potential of this economy, however, for this to become a reality, there is a need to develop the requisite skills to harness the burgeoning digital economy.

An in-depth study of the continent’s working-age demography reveals that a large segment of its youths have an interest in tech. This is good news because there are many opportunities on the global corporate landscape for these tech enthusiasts to harness, launching them into careers that are not restricted to a single country or continent. In Nigeria, where a technology renaissance is in full bloom, there is a gnawing need for tech talents within both tech and non-tech companies. A McKinsey survey of 3.5 million job postings for roles attuned to the tech trends sweeping the globe, it is evident that there are more roles than qualified professionals. Yet, companies are more enthusiastic about hiring experienced professionals than greenhorns; this has led to a raging battle for tech talents across the global corporate landscape.

Considering the gaping disparity between the available talents and enthusiasts, the solution to this dissension is to invest in and leverage the untapped talent pool that exists. In Nigeria, one company that is championing this is Jumia, a leading Pan-African technology company that currently offers e-commerce and payment solutions services to millions of Nigerians across the country’s six geo-political zones.

With the knowledge that experience in any given field is the pathway to increased expertise and economic stability, Jumia is opening its doors to give tech talents across Nigeria positions with its structure. These positions serve as opportunities to strengthen already existing skills and gain new ones ranging from DevOps, UI/UX Design, Site Reliability Engineering, Data Engineering, Tech Support, Backend and Frontend Development, Mobile Engineering, Product, Security and Cybersecurity amongst others.

The company’s commitment to local talent development is also about creating meaningful, high-impact employment opportunities. In a region where unemployment remains a pressing issue, Jumia is leading the charge. By recruiting local talents, the company contributes to economic growth, social upliftment, and personal fulfilment for countless individuals. In addition, the ripple effect of Jumia’s local talent recruitment strategy extends far beyond their workforce.  With a position at Jumia, present and prospective employees play crucial roles in the development of Nigeria and Africa’s tech ecosystem. This translates into a pipeline of experts who are working assiduously to make the potential contribution of 25% to the global GDP a reality.

According to Enitan Oyenuga, Human Resources Director, Jumia Nigeria, the purpose of the recruitment drive is to provide invaluable opportunities for career growth to tech talents within Nigeria and Africa. Speaking on this, she said, “The sustained technological evolution the world has witnessed in the past few decades has made it expedient for everyone, particularly those in the tech space, to engage in a continuous cycle of learning, unlearning, and re-learning. The tech sector is unique because new trends pop up every day and these trends create demands for skills that were hitherto either nonexistent or simplified. With the recruitment drive, Jumia is providing numerous tech talents with an ecosystem where they are always ahead of the curve caused by the continued evolution in tech. This way, our employees remain catalysts in the tech ecosystem.”

Another strategic way the company has created and provided an invaluable ecosystem for tech talents to grow, innovate and proffer solutions to real-life challenges is through its Jumia Tech Hub. First launched in Porto, the Jumia Tech Hub has given and continues to give hundreds the opportunity to learn from their counterparts in highly competitive markets. With the impact the Hub has had in Porto and then in Cairo, projections on the impact the Tech Hub will have on the Nigerian market and global digital economy are promising. Additionally, apart from the Tech Centre in Porto and Egypt, Jumia has two promising hubs in Kenya and soon in Nigeria, further solidifying its presence in key African tech ecosystems.

As Jumia continues to innovate locally, its impact is being felt globally. By nurturing the next generation of tech leaders and driving technological advancements, Jumia’s commitment to tech talent excellence is a testament to the idea that when you invest in local communities, you have the potential to impact the world.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. 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

Cybercriminals Using “Joker: Folie à Deux” Release to Scam Fans

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Kaspersky has uncovered cybercriminals exploiting the hype surrounding “Joker: Folie à Deux” ahead of its worldwide cinema premiere, for online phishing scams. Fans eager to watch the new movie online are at risk of being duped into giving away their sensitive data and money.

Kaspersky experts have identified phishing scams related to the new movie. The first example involves a fake offer to subscribe to watch the film for free.

On the fake website, users are asked to enter their credit card information to sign up, while the promised film is never accessible. The scammers gain access to the victim’s card details and can use them for fraudulent transactions or to sell on the dark web.

The second type of scam exploits the Joker movie brand to lure victims into fraudulent investment schemes, giveaways, or similar traps. Cybercriminals create phishing websites claiming to offer free access to the movie.

When users attempt to play the video, they are redirected to other pages – often promoting quick, easy money-making schemes, offering the chance to participate in a giveaway, or possibly other profits.

In the cases uncovered by Kaspersky, users are prompted to provide either personal information – so perpetrators can contact them with faux investment opportunities – or credit card details, for example, to pay for the delivery of the giveaway prize.

“As the premiere approaches, more people are looking for more ways to gain early access to the film and, as such, the risk of falling for such scams increases. We strongly recommend users carefully verify where they enter sensitive information and install reliable antivirus software that can warn against suspicious or malicious websites,” says Olga Svistunova, a security expert at Kaspersky.

To protect themselves from phishing-related risks, Joker movie fans should take precautions when navigating online content related to the premiere. Kaspersky experts recommend the following:

Be cautious. Beware of suspicious emails, messages, or websites offering exclusive deals or freebies. Always verify the source before sharing personal or financial information.

Safeguard personal data. Be mindful when providing sensitive information online, such as your address, phone number, or financial details, and only use secure platforms.

Verify website security. Ensure websites have secure connections by looking for “https://” in the URL and a padlock symbol in the address bar.

Use security solutions. Rely on trusted security solutions like award-winning Kaspersky Premium, that identifies malicious and phishing sites.

Trust reliable sources. Stick to official websites, authorised retailers, and reputable sources for any content to avoid scams.

 


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NDPC Extends Deadline for DCPMIS Registration, Warns Against Engaging Unregistered Data Processors

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Dr. Vincent Olatunji, CEO/ National Commissioner of Nigeria Data Protection Commission has approved the extension of deadline for the registration of Data Controllers and Data Processors of Major Importance (DCPMIs).

The commission in a statement issued on Friday by Babatunde Bamigboye, Head, Legal, Enforcement & Regulations, said that the new deadline for registration without penalty is the 31st of October, 2024.

The statement reads, “In order to ensure accountability and in line with sections 24(3), 29(1)(a) and 44 of the Nigeria Data Protection Act, 2024 (NDP Act), DCPMIs shall only engage agents and contractors who are duly registered with the Commission (as at 15th October, 2024) for the processing of personal data”.

For ease of reference, section 29(1)(a) of the NDP Act provides: “Where a data controller engages the services of a data processor, or a data processor engages the services of another data processor, the data controller or data processor engaging another shall ensure that the engaged data processor —

(a) complies with the principles and obligations set out in this Act as applicable to the data controller;

“Furthermore, Section 65 of the NDP Act defines a data processor “as an individual, private entity, public authority, or any other body, who processes personal data on behalf of or at the direction of a data controller or another data processor.”

The Commission enjoins data controllers and data processors of major importance to immediately ensure that those who process personal data on their behalf fulfill the obligation to register as required by law. Engaging an agent or contractor who does not comply with the principles and obligations (set out in the NDP Act) that are applicable to the data controller is a contravention of the NDP Act.


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Kaspersky Reveals Half of Dark Web Exploit Listings Target Zero-day Vulnerabilities

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Between January 2023 and September 2024, Kaspersky Digital Footprint Intelligence experts identified 547 listings to buy and sell exploits targeting software vulnerabilities.

These advertisements are posted on various dark web forums and shadow Telegram channels, with half involving zero-day and one-day vulnerabilities.

However, it is difficult to confirm whether these exploits are functional, as the dark market is rife with scams. Additionally, Kaspersky found that, on average, the cost of exploits for remote code execution vulnerabilities amounted to $100,000.

Exploits are tools used by cybercriminals to take advantage of vulnerabilities in various software programs, like those from Microsoft, to commit illegal activities, such as gaining unauthorised access or stealing data.

More than half of the dark web posts (51%) offered or sought to purchase exploits for zero-day or one-day vulnerabilities. Zero-day exploits target undiscovered vulnerabilities that software vendors have not identified and patched yet, while one-day exploits focus on systems that do not have the patch installed.

“Exploits can target any program, but the most desirable and expensive ones often focus on enterprise-level software. These tools enable cybercriminals to carry out attacks, which equate to substantial gains for them, such as stealing corporate information or spying on an organisation undetected.

However, some exploit offers on the dark web may be fake or incomplete, meaning they don’t function as advertised. Additionally, a significant portion of transactions are likely to occur in private.

These two factors complicate the assessment of the actual market volume for functional exploits,” explains Anna Pavlovskaya, Senior Analyst at Kaspersky Digital Footprint Intelligence.

The dark web market offers a wide array of different types of exploits. Two of the most widespread are those for RCE (Remote Code Execution) and LPE (Local Privilege Escalation) vulnerabilities.

According to an analysis of over 20 listings, the average price for RCE exploits is around $100,000, while LPE exploits typically cost about $60,000. RCE vulnerabilities are considered more dangerous, as they allow attackers to take control of a system or its components, or confidential data.

Dark web listings for buying and selling exploits, 2023-2024, where some offers can be repetitive. Source: Kaspersky Digital Footprint Intelligence

This year, the peak level in exploit sales and purchases occurred in May, with 50 relevant posts, compared to an average of about 26 per month in the period surrounding the surge. “Peaks in the exploit market’s activity are unpredictable and hard to link to specific events.

“Interestingly, in May, the dark web witnessed the sale of one of the most expensive exploits during the analysed period – allegedly, for a Microsoft Outlook zero-day vulnerability priced at nearly two million US dollars,” elaborates Anna Pavlovskaya.

“Overall, the exploit market remains stable; while activity fluctuates, the threat is always present. This highlights the need for cybersecurity hygiene practices, such as the regular patching and monitoring of digital assets on the dark web.”

 


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