E-Business
Why Corporate Networks Are Breached-Expert
Rock Adote, head, Information Technology (Security & Research), International Electronics Services Limited (I.E.S) has said that most corporate organization in the country do not comply with proper patch management leaving them vulnerable to attacks on the information superhighway.
He also decried the reluctance of companies in Nigeria to perform routine upgrade.
“First, till now, it is sad to know that bank employees, for instance, who handle critical information assets of customers such as card information and account details, still fall for low-level cyber attacks such as digital impersonation and social engineering.
“Organizations do not invest in regular staff training as they ought to do enough. For instance, several studies have revealed that production employees often disclose their place of work on social media websites, accept unknown invitations, share customers personal information during discussions in online chat rooms, even reveal their operating systems architecture, internet address and a bevy of unethical engagements in the cyber space.
“Let me give you a common error predominant in Nigeria banks, a cyber criminal can gain tons of information and perform active reconnaissance by simply entering a bank and view the system of the cashier or the operator, by standing or sitting adjacent to the computer, even in these era where the default “autorun vulnerability” on Microsoft windows proliferates malware infection and tons of systems vulnerabilities, an articulate cyber criminal could simply insert a well-built information-stealing USB drive into a banking system and perform command-line background transfer of critical software and customers information from default system paths such as the two windows and internet temp directory because the store data as it is been processed, and even the system root.
“This highlights the problem of unorganised architecture and lack of safe computing practices as every well-informed banking staff is expected to lock the computer screen when he or she is not on seat, many people don’t do this, forgetting that every customer who enters a bank is on a mission. No third party should even know the operating system you are using not to talk about the application name.
“Some people are yet to understand that the trend in cyber threats have grown beyond computer malware. Another instance is that, if a system is compromised, it is a common practice in this part of the world for the system administrators to install an anti-virus, and scan the system. Thus, as a malware is detected you say all is well. I have been at least in six companies that the activities at their production line were moving on well, but on critical assessment I discovered that the systems have been “totally compromised” even by malicious insiders.
“People always believe that as long as they can type a document, print, browse, send or receive requests then their systems are in good shape. Meanwhile your system is part of a botnet that infects other workstations, with no user interaction of any kind, because these trojans do not inform you when or how they are operating, they send your critical data in bits. No operating system can claim to be secure or water-tight, the best defense is self, because the use of anti-malware program only complements as a layer of baseline security, there must be operational guidance”.
He added that in recent times, several companies have made upgrade compulsory every two weeks due to the vulnerabilities landscape.
“The worst is that the attacks occur so fast that there are presently no industry existing solutions to thwart novel sophisticated attacks. For instance, even though it will affect global customer satisfaction, Google Gmail would refuse software to be uploaded as an attachment in order to protect its entire information systems.
“A rising cyber attack vector is a situation when a cyber criminal sends curriculum vitae in .docx or .pdf to a company and on the process of opening the file the receiving system gets compromised, as the cyber criminal becomes able of implementing remote code execution on the compromised workstation”.
The cyber security expert pointed out that cyber criminals have the time, resources and skills to invest in research, which calls for Nigeria to establish a “Cyber Security Research Community” that has ample time; “it is just like the secure software development life cycle. If as a developer, you fail to comply with secure software development practices you will have applications that hackers will eat up”.
Temu, the global online marketplace, has joined the International Trademark Association (INTA) as a corporate member and serves on its Anti-Counterfeiting Committee.
INTA is a global association that brings together more than 6,700 organizations, representing over 37,000 trademark professionals and brand owners across 181 countries. By joining INTA, Temu deepens its commitment to building a trusted online marketplace and advancing global IP protection through broader, cross-industry collaboration.
“INTA welcomes TEMU’s willingness to engage in anticounterfeiting initiatives, including in the Association’s annual Anticounterfeiting Workshop and Online Takedown Certificate Program which serve to share best practices and connect stakeholders,” said Alastair Gray, Director of Anti-Counterfeiting, INTA. “Constructive collaboration with these efforts can contribute to the protection of intellectual property rights for INTA members and support the removal of counterfeit products from the platform which ultimately protects consumers.”
At the 2025 INTA Annual Meeting held in San Diego in May, Temu participated in the Anti-Counterfeiting Committee Roundtable, serving as a moderator to facilitate discussions among brand owners, online platforms, and government officials on emerging technologies, best practices for collaboration, and strategies to strengthen global anti-counterfeiting efforts.
“Joining INTA and serving on its Anti-Counterfeiting Committee reflects Temu’s ongoing commitment to ensuring a trustworthy online shopping experience,” said a Temu spokesperson. “We value collaboration with industry peers and stakeholders and are dedicated to advancing collective efforts in intellectual property protection.”
Temu also participates in INTA-led online workshops, including the Online Platform Notice and Takedown Certification Program, which outlines the latest procedures and best practices used by e-commerce platforms and social media companies. These workshops aim to enhance the quality and accuracy of rights-holder notices, promoting more effective takedown processes and content moderation.
Since launching in 2022, Temu has made significant investments in IP enforcement. Its measures include comprehensive seller vetting and compliance training, 24/7 algorithmic monitoring with manual review, a dedicated IP protection portal and brand registry to streamline takedown submissions, and an internal enforcement team that handles claims with speed and accuracy.
China’s Huawei Technologies unveiled an AI computing system on Saturday that an industry expert said rivals Nvidia’s most advanced product, as the company aims to expand its footprint in the country’s booming AI sector.
The CloudMatrix 384 system made its public debut at the World Artificial Intelligence Conference (WAIC), a three-day event in Shanghai, attracting a large crowd to Huawei’s booth with its showcase of cutting-edge AI innovations.
The system has attracted significant interest from the global AI community since Huawei (HWT.UL) first introduced it in April. Industry analysts see it as a direct challenger to Nvidia’s GB200 NVL72, the most advanced system-level offering currently available from the U.S. chipmaker.
In an April article, Dylan Patel, founder of semiconductor research firm SemiAnalysis, stated that Huawei now possesses AI system capabilities that could surpass those of Nvidia.
Huawei staff at its WAIC booth declined to comment when asked to introduce the CloudMatrix 384 system.
A spokesperson for Huawei did not respond to questions.
Huawei has become widely regarded as China’s most promising domestic supplier of chips essential for AI development, even though the company faces U.S. export restrictions.
Nvidia CEO, Jensen Huang told Bloomberg in May that Huawei had been “moving quite fast” and named the CloudMatrix as an example.
The CloudMatrix 384 system features 384 of Huawei’s latest 910C chips and, according to SemiAnalysis, surpasses Nvidia’s GB200 NVL72 in certain performance metrics, despite the latter using 72 B200 chips.
SemiAnalysis attributes this performance advantage to Huawei’s strong system design, which offsets the lower power of individual chips by leveraging a greater number of them and incorporating system-level innovations.
Huawei describes the system as utilizing a “supernode” architecture that enables ultra-high-speed interconnectivity between chips.
In June, Zhang Pingan, CEO, Huawei Cloud confirmed that the CloudMatrix 384 was already operational on Huawei’s cloud platform.
Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.
The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.
In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.
Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.
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