Microsoft, Gr8jobsng to provide employment for Nigerian youth.

Microsoft, Gr8jobsng to provide employment for Nigerian youth. 

Gr8jobsng

November 13, 2016

The software giant, Microsoft, in collaboration with Africa’s Number one recruitment platform, gr8jobsng.com,  recently organised a recruitment day programme to empower Nigerian youth with job opportunities in Lagos.

Meanwhile, a statistics released by the National Bureau of Statistics earlier this year placed the unemployment rate of Nigeria at 10.4 per cent. The event with the theme: “Learn and be hired!” was aimed at creating an opportunity for potential job seekers to meet with career experts and recruiters to understand the job market, be positioned and take advantage of available jobs. 

Current statistics has revealed that 50% of youths between the 18 and 35 years are either unemployed or underemployed.

Graduates at the event held at Microsoft Office in Lagos had the opportunity to learn about important career related subjects like CV writing, Career Planning, Interviewing etc.

ZENITH BANK DONATES ULTRA-MODERN ICT CENTRE TO UNN

Zenith Bank donates ultra-modern ICT Centre to UNN

— 15th October 2016

In demonstration of its vision to partner with the critical sector of the Nigerian economy, Zenith Bank Plc, over the weekend, donated an ultra-modern ICT Centre to Nigeria’s premier university, The University of Nigeria, Nsukka.
The centre parades, among other state-of-the-art facilities, two e-learning training halls equipped with over 200 computer sets and training facilities, an exhibition and training halls, conference hall, server/online facilities, Wi-Fi facility, executive offices for the Centre’s director and other officials.
Speaking at the project’s commissioning last Friday, the elated Vice Chancellor of the university, Prof Benjamin Ozumba, who led the university’s management team, commended Zenith Bank’s management for the project, which he said, came at a very auspicious moment when the university was planning to roll out an incubation park to drive the university’s entrepreneurship aspirations.
The VC who described Zenith Bank, as “a genuine partner in progress”, said the Centre was the first of its kind in the South eastern part of Nigeria adding that it would impact the university community positively, especially in the areas of learning and research.
While calling on other private organisations to emulate Zenith Bank’s gesture by exploring other areas of partnership with the university or indeed, other universities in Nigeria generally, the VC said, with the event coinciding with the 56th Founders’ Day ceremonies of the University, it had become evident that the dreams of the founding fathers of the university were being fulfilled.
Speaking earlier, the representative of the Bank’s Group Managing Director/ Chief Executive, Mr. Peter Amangbo, also Zonal Head of the Bank; Enugu/Ebonyi Zone, Mr. Ifeanyi Dike; said the centre was part of the Bank’s Corporate Social Responsibility, aimed at boosting e-learning and impacting quality research by the university that would, in turn, positively impact the rest of society and humanity at large.
He further said, with an ATM Gallery also provided by the Bank to complement the Centre, it was the Bank’s hope the centre would become a one-stop-shop where banking services can easily and conveniently be accessed by the users of the facility; even as he expressed optimism that the facility will also serve as a training Centre for the students on information technology as well as employment generation.
Other facilities provided by the Bank at the Centre include; solar panels, two 100KVA generators and a 100KVA transformer to guaranty power 24/7; borehole facility and water treatment plants, among others.

Credit card with fraud-busting display

Credit card with fraud-busting display

By Jane WakefieldTechnology reporter

9 October 2016

 From Technology. 

OBERTHUR TECHNOLOGIES ImageThe Motion Code card has a display which changes the three-digit security code every hour. 

A credit card with a digital display that randomly generates a security code is being launched as a way of combating fraud.

Oberthur Technologies is currently in discussions with UK banks about rolling out the technology and will have cards "in the hands" of consumers in France by the end of the year.

Credit card fraud costs banks millions of pounds each year.

One expert said a different design for credit cards was overdue.

"In some ways, it's surprising it has taken so long for this to appear," Prof Alan Woodward, a cybersecurity expert from Surrey University, told the BBC.

The card provides an extra layer of security by replacing the static printed three-digit security code on the back of the card with a mini screen which displays a random code that changes automatically every hour.

It is powered by a thin lithium battery designed to last for three years.

"The technology has existed for some time so now it will be a case of persuading card processors that it is worth doing," said Prof Woodward.

"It may be costly for card operators as some extra infrastructure will be required to ensure our cards stay synchronised with the operator, but it happens already for many banks with the dongles they issue for login."

One drawback of the card is that customers will no longer be able to memorise their security code and will need to check the card every time they want to make an online purchase.

French banks Societe Generale and Groupe BPCE are preparing to roll the cards out to customers, following a pilot scheme last year and there are also pilot schemes in Mexico and Poland.

According to the UK's Financial Fraud Action, credit card fraud in the UK totalled £755m in 2015 and the Office for National Statistics said that there were 20,255 victims.

There are several ways that fraudsters get hold of credit card details - from the online theft of data to skimmers that are attached to cash machines.

Skimmers - often homemade devices - that are attached to a cash machine, can steal information from the card's magnetic strip and pin code with the help of a fake ATM pin pad or web camera.

Over time, the design has become more sophisticated with the advent of so-called shimmers - that are able to gather information from the card's chip. Scammers are also now able to inject malware directly into cash machines

In response, banks are working on new authentication solutions, based on biometrics - regarded as a more secure way to identify customers.

But a recent study from security firm Kaspersky Labs suggests that cybercriminals are already planning to exploit these new technologies.

It found at least 12 sellers offering skimmers capable of stealing victims' fingerprints. Other underground sellers are already researching devices that could obtain data from palm, vein and iris recognition systems.

David Emm, principal security researcher at Kaspersky, said the Motion Code card would "reduce the window of opportunity" for a thief with a stolen card but added it would be a stronger proposition if the security code was generated on "another device".

"Banks should consider applying a multitude of cybersecurity solutions to minimise unauthorised access to such information," he said.

"Consumers must also be aware of their digital footprint, installing security updates promptly, using strong and unique passwords, applying caution when using public wi-fi networks and not revealing too much information about ourselves online."