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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

Over the last decade Africa has gained a reputation for global leadership in mobile money, with Kenya at the forefront, but up to now financial services via mobile phones have not taken deep root in the continent’s most populace country — Nigeria. With the new licenses, banks are set to face some challenges from the telecommunications sector.

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The Legal Challenges of the Internet of Things

CTOvision

The problem is, it is easier than ever for manufacturers to integrate data storage, but oftentimes the privacy and legal repercussions of the Internet of Things (IoT) are not considered. Here are a few legal aspects for businesses to consider when it comes to the Internet of Things. Internet-connected devices pose a challenge.

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Robin Hood of the Internet or the apocalypse of an industry

Dataconomy

With the advent of the internet and technological advancements, the ease of sharing and accessing digital content has created an environment where digital piracy thrives, leading to detrimental consequences for content creators, copyright holders, and the overall economy. One major issue is the presence of malware.

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Huge web outage takes Reddit, Twitch, and other big sites offline for an hour

The Verge

A huge global web outage swept across the internet this morning, taking out popular sites including Amazon, Twitch, and Reddit. The Fastly content delivery network (CDN) was the source of the issues, which lasted for more than an hour. Vast chunks of the internet are offline, including The Verge.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Financial risks and consequences Various cyberattacks on nonprofits can lead to direct financial losses through stolen funds or ransom demands. For instance, Microsoft provides up to 10 free licenses of Microsoft 365 Business Premium to qualifying nonprofits, which include advanced cybersecurity features.

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Why IT leaders are putting more business spin on security spend

CIO Business Intelligence

This might include updating CFOs and CEOs on specific cost reduction, such as reducing spend with a security vendor, finding a less expensive product to fill a security need, or improving internal metrics such as the average cost to mitigate a vulnerability, adds Tyson Kopczynski,SVP and CISO at financial services provider Oportun.

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British-Indian team puts in a winning $1B bid for OneWeb satellite broadband venture

GeekWire

which is part of the world’s third-largest mobile operator, have successfully bid more than $1 billion to acquire the bankrupt OneWeb satellite broadband internet venture. At one point, Amazon was rumored to be interested in bidding on OneWeb’s assets , including its spectrum licenses, but nothing came of those rumors.