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CYBER CRIME: AFRICA LOSES OVER 2 BILLION DOLLARS

Africa lost over 2 billion dollars to Cyber Crime in the year 2016. This is according to Africa Cyber Security Report 2016 published by Serianu Ltd- an IT consulting firm. The report reveals that local cyber criminals are getting more sophisticated. According to the report, Nigeria saw the highest cost of cyber crime totaling about $550 million, followed by Kenya with $175 million, Tanzania with $85 million, Ghana $50 million and Uganda $35 million. The report identified Online Scams, ATM Skimming and Identity Theft, lack of sufficient Technical training of employees, Low security awareness, increase in Malware attacks on critical mobile...

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CES 2017: Catalyst for A Connected World

Thousands of tech companies from all over the world converged in Las Vegas from 3rd – 6th January 2017 at CES 2017, to showcase their latest products, innovations as well as network across-the-board. 5G, cars, clothes, content, health care, sports, travel, smart cities, AR, VR, robotics, Artificial Intelligence, including tiny robots that can guard in a house, an entire house that is controlled with the human voice, a wall-sized TVs as thin as a house key, electric cars that can drive themselves, etc; all of them real, touchable and would soon be available if not already. CES 2017 welcomed the world’s...

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NCC to Develop Regulatory Framework for Spectrum Trading

The Nigerian Communications Commission (NCC) has commenced moves to develop a clear-cut framework and guidelines that will usher in a secondary market for spectrum trading in the country. At a consultative forum on spectrum trading in Nigeria held in Lagos, the telecom industry players agreed that time has come for the nation to allow telecom companies to trade spectrum to speed up broadband deployment across the country and increase penetration for subscribers. Executive Vice Chairman of NCC, Professor Umar Danbatta  represented by the Director, Licensing and Authorisation, Funlola Akiode, said  In his welcome address, that NCC intends to review the Spectrum Management...

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Emergence of Lagos Smartcity

With the Internet of Things (IoTs) shaping the new world order of doing business, governance and citizens engagement, thought leaders are increasingly thinking new approaches to evolve competitive economies. This was the focus of the Nigeria Computer Society Lagos Chapter as part of its 7th annual conference held in Lagos which took place at the Lagos State Government Digital Village Alausa. The event with the Theme: Emergence of Lagos Smartcity: Benefits, Issues and Challenges provided stakeholders the opportunity to exchange ideas and brainstorm on ways to position Lagos in line with the State government’s desire build a mega city. [caption id="" align="aligncenter"...

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CYBER CRIME: AFRICA LOSES OVER 2 BILLION DOLLARS

Africa lost over 2 billion dollars to Cyber Crime in the year 2016. This is according to Africa Cyber Security Report 2016 published by Serianu Ltd- an IT consulting firm. The report reveals that local cyber criminals are getting more sophisticated.According to the report, Nigeria saw the highest cost of cyber crime totaling about $550 million, followed by Kenya with $175 million, Tanzania with $85 million, Ghana $50 million and Uganda $35 million. The report identifiedOnline Scams, ATM Skimming and Identity Theft, lack of sufficient Technical training of employees, Low security awareness, increase in Malware attacks on critical mobile and internet...

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