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Nigeria Ranks 50 In Cyberspace Security Globally – NCS Boss



Nigeria Ranks 50 Globally In Cyberspace Security - NCS Boss

Nigeria ranks 50 out over 180 countries globally in cyberspace security, Prof. Adesina Sodiya, President, Nigeria Computer Society (NCS), said on Wednesday in Lagos.

Speaking at the  Information Technology Systems  Security  Professionals (ITSSP) conference, Sodiya that Nigeria was not doing badly in the cyber security space could do better because the nation was endowed with experts in information security.

He said that the nation might not be developing technology as a nation but possess the know-how to use technology to meet the nation’s needs.

READ ALSO: 2021: Dangote emerges Most Valuable brand in Nigeria for the fourth time

The theme of 2021 ITSSP is ‘Stakeholders Engagement and Coordination issue’.

According to him, ITSSP will continue to come up with such programmes so as to develop strategies for ensuring that the nation got its cyberspace safer than it used to be.

‘’The ITSSP was creating awareness and sensitising the cyber security stakeholders on the importance of cyber security.

‘’We need to continue to develop our human capital so that people will have the required skill requiste knowledge that are needed  to manage our cyberspace.

‘’We are not doing badly as a nation and this type of programme helps to refresh one’s memory and note the things to do.

‘’The issue of cyber security is not the business of ITSSP alone; it is the business of everybody because the attackers are doing research just as we from academics are doing our research,’’ he said.

According to him, the hackers are doing their research so that they will continue to have their way so there is the need to have a conversation around how to enhance cyber security in Nigeria.

The NCS president said that ITSSP would continue the conversation and become the number one recognised information hub for security experts in the country.

Speaking at the conference, ITSSP President, Sunday Arogundade, said that the objective of the conference was advocacy, professional development and awareness and monitoring.

Arogundade said that the focus of the group mainly was information technology security popularly understood as cyber security, meant for advocacy, learning and development, awareness and monitoring effectiveness of efforts towards securing electronic platforms in the cyberspace.

The ITSSP president said that the conference would address members professional development programme which was a compulsory assignment of organisations for continuous improvement on members skills and competency acquisition.

He said the roundtable conference is to examine internet protocol version 6 (ipv6) desirability, digital financial inclusion to aid cashless penetration to rural communities and security concerns.

According to him, also of serious concern is product development to ensure and ensure the security and confidence of the public that can be provided by insurance companies towards cash losses by individual and corporate organizations that are being encouraged to use these services.

Also, ITSSP executive secretary, Adeoye Aderogba, said that the danger of cyber security was glaring because of the financial activities being carried out on the electronic platform.

Aderogba said that both the big and the low were at risk of cybercriminals and cyber misbehaviour.

He said that not all cybercrimes were cyber misbehaviour as the cybercriminals are those that want to steal your money or bomb the cyber centres.

Aderogba said that cyber  misbehaviour might not be intended but as a result of disruptive technology shutting down the cyberspace and affecting everyone such as the issue with MTN some time back

According to him, Information Technology is evolving Technology of which we have one today, tomorrow another is taking over.

The executive secretary said that what this means was that there was a need for education.

ITSSP is one of the seven interest groups under the umbrella body of NCS.

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BREAKING: Jack Dorsey Steps Down As Twitter CEO



Jack Dorsey To Step Down As Twitter CEO

Jack Dorsey, the Chief Executive Officer (CEO) of Twitter, would be stepping down from his role. This is according to CNBC’s David Faber, who cited “a number of different people familiar with the situation.”

Parag Agrawal, the company’s Chief Technology Officer (CTO), would take over the helm, the company said Monday, November 29, 2021.

Dorsey, 45, was serving as both the CEO of Twitter and Square, his digital payments company. Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders, the company said.

I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement.

Agrawal will have to meet Twitter’s aggressive internal goals. The company said earlier this year it aims to have 315 million monetizable daily active users by the end of 2023 and to at least double its annual revenue in that year.

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Nigeria To Soon Have Self-driving Cars -NCC



Nigeria To Soon Have Self-driving Cars -NCC

The Nigerian Communications Commission (NCC), has stated that Nigerians should expect gigabytes per second for smart cities, self-driving cars, robust telemedicine, and others with the deployment of the fifth-generation technology in Nigeria.

The Executive Vice Chairman of the commission, Prof. Umar Danbatta, hinted this while responding to questions during a webinar, titled: “Unlocking 5G potential in Africa”, held on StreamYard, on Monday.

This was contained in a press statement titled, ‘We are conducting training, sensitising stakeholders and collaborating to deploy 5G effectively – Danbatta’, which was sent to our correspondent on Wednesday.

Danbatta emphasised Nigeria’s readiness to deploy 5G and highlighted some of the steps taken by the commission towards deploying the technology in the country.

The statement read, “Danbatta indicated that Nigeria continued to receive visitations by countries who wished to benchmark their operations, just as Nigeria has also visited other countries to explore how 5G and associated technologies can be deployed effectively because 5G technologies are not just valuable, they are so significant due to their derivable social and economic benefits.

The EVC discussed the innovations that could be triggered in the country through 5G deployment.

The statement read, “The EVC explicated how to unlock the potential of 5G, using a triangulated framework pivoted on Enhanced Mobile Broadband, Massive Machine Type Communication, and Ultra-Reliable Low Latency Communications.

He told the enlightened audience that the above scenarios will find expressions in gigabytes in a second, robust voice and real-time digital social mediation, massive Internet of Things like smart city and smart homes (connectedness of appliances and home security), pervasive 3D videos, and Ultra High Definition screens, augmented reality, self-driving cars, industry automation, high-speed trains, lifeline and ultra-reliable communications in telemedicine and natural disasters that will deliver successful services using critical applications.

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Press Release

DataPro Affirms Guaranty Trust Bank Limited “AA+” Rating



DataPro Affirms Guaranty Trust Bank Limited “AA+” Rating

DataPro, the Technology-Driven Credit Rating Agency (CRA) has in its latest report affirmed Guaranty Trust Bank Limited’s long-term rating of “AA+” with a Positive outlook for the year 2021/2022.

The “AA+” indicates Lower Risk. It shows Excellent Financial Strength, Operating Performance, and Profile when compared to the standards established by DataPro. This Bank, in our opinion, has a very strong ability to meet its ongoing obligation.

READ ALSO: 2021 FY: Dangote Cement, 2 Other Firms Projected To Surpass Their Revenue Targets

The DataPro Rating Committee approved the Rating after assessment of the Company’s Financial Performance, Capital Adequacy, Asset Quality, Liquidity, Profitability, Governance, Risk & Compliance, Risk Factors, and Future Outlook of its current healthy profile in the medium to long-term period.

The Rating of Guaranty Trust Bank Limited is supported by its diversified Revenue Base, Experienced Management, Strong Capitalization, and Brand Presence.

Guaranty Trust Bank Limited had a Short-Term Rating of “A1+” which indicates the Highest Credit Quality and the Strongest Capacity for timely payment of financial commitments.

DataPro notes that the Rating carries a maximum shelf life of 12 calendar months, in line with International Best Practice.

The Rating is therefore not an offer to trade in securities nor a substitute for the user’s judgment.

It is meant for reference purposes.

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