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2,181 Savvy Programme Participants Generate 1,278 Business Ideas

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Savvy Programme

By Modupe Gbadeyanka

An initiative put in place by a non-profit organisation called the Savvy Programme is already yielding meaningful results about six months after it was launched.

In its first impact report published recently, the founders of the scheme said the Savvy Fellowship programme has impacted many lives.

Business Post reports that the Savvy initiative was created to train at least 10,000 passionate individuals to build successful impact-driven businesses.

Giving an insight into the programme since its inception, it was disclosed that from August 4, 2020, to February 4, 2021, Savvy received 39,958 applications from individuals interested in the scheme.

However, a total of 3,298 were accepted into the initiative, representing an 8.25 per cent acceptance rate, with 1,121 being female and 2,177 being male.

According to the report, these 3,298 participants (often referred to as Savvy Fellows) were drawn from 122 countries. Already, a total of 2,181 of the Fellows have completed the Savvy program—generating 1,278 business ideas and kickstarting 587 businesses during and after the programme.

The organisers said in the nearest future, Savvy plans to get more mentors for the Savvy programme, train 7,000 more individuals through the scheme and provide Internet allowance for some of the Fellows who need it to participate in the initiative.

The Head of Fellowship Program at Savvy, Mr Chidi Nwaogu, disclosed that for 12 weeks, no matter what stage their venture is, the Savvy programme helps selected Fellows to answer all the relevant questions that they need to kickstart their amazing impact venture, gain early traction, achieve product-market fit, scale into new markets, create jobs, and improve the economy of their nations.

He also said, “Due to the COVID-19 pandemic, many have lost their jobs and are now living in an uncertain world. One and 131 entrepreneurs from 36 countries came together to start Savvy, a global fellowship program equipping these recently unemployed individuals with the necessary knowledge and skill that they need to start their own impact-driven business and succeed as entrepreneurs.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Data Breaches in Nigeria Increase 64% in Q1 2023

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Data breaches in Nigeria

By Adedapo Adesanya

Data breaches in Nigeria increased by 64 per cent, as 82,000 leaked accounts were recorded in the first three months of the year when compared with the last quarter of 2022.

This made Nigeria the 32nd most breached country in the world in the first three months of this year, according to the latest data from cybersecurity company, Surfshark, collected through its independent partners from 29,000 publicly available databases and aggregated by email addresses.

Globally, data breaches declined in the first quarter of 2023, with a total of 41.6 million accounts breached. This is almost 50 per cent less than the nearly 81 million seen in Q4’2022.

The increase in Nigeria’s data breaches moved the country from the previous position of 41 to 32, with around 50,000 breaches recorded in Q4 2022.

Russia was ranked 1st in the world (6.6 million), followed by the United States (5 million), Taiwan (3.9 million), France (3.2 million), and Spain (3.2 million), making the top five.

Taiwan saw the highest quarter-over-quarter increase (21x), placing its total of 4 million leaked accounts 3rd in Q1’2023. The country had only placed 26th in Q4 2022 with 191,000 breached users.

Globally, data breaches declined, dropping to one user account leaked every second in Q1 2023.

“According to Surfshark’s study, data breaches declined globally in the first quarter of 2023 if we compare it to the previous one,” says Agneska Sablovskaja, Lead Researcher at Surfshark. “However, the fact that over 40 million accounts were breached in just a few months is still a cause for concern. Those whose data was compromised are at an increased risk of being targeted by cybercriminals as their personal information can be utilized for phishing attacks, fraud, identity theft, and other serious cybercrimes.”

Surfshark showed that Europe was the most affected region by breaches in Q1’2023, followed by Asia and North America.

In the period under review, Europe was also the only region with a significant quarter-over-quarter increase in its statistics on data breaches. The number nearly doubled, growing from 9.9 million in Q4 2022 to 17.5 million in the first three months of 2023. To put this into perspective, 2 out of 5 accounts breached in Q1 2023 were of European origin, with 38 per cent of these being Russian. Within the region, the biggest quarter-over-quarter spikes in data breaches were recorded in Czechia (almost 9x), Armenia (around 6x), and Switzerland (6x).

Asia was the second-most vulnerable region, accounting for around a fourth of the quarter’s breaches (10.6M). The three countries that saw the highest quarter-over-quarter increase overall were all Asian — Taiwan and Saudi Arabia both had around 20 times more leaked accounts in Q1’2023 than in Q4’2022, while South Korea saw its number increase 12 times.

An additional 13 per cent of the accounts were North American (5.3 million). All other regions comprised less than 5 per cent of the quarter’s total. Out of all regions, Africa saw the greatest quarter-over-quarter decrease — a whopping 33 times, bringing its total of 18.6 million leaked accounts in Q4 2022 down to 557,600  in Q1 2023.

Some of the biggest breaches by email count were Sberbank (Russia), with 2.9M accounts leaked, Weee! (United States) with 1.1M, and Zurich Insurance (Switzerland) with 756,700.

The ten most breached countries of Q1’2023, in descending order, are Russia, the U.S., Taiwan, France, Spain, India, Czechia, South Korea, and Italy. The highest growth in user victims was spotted in Taiwan (21x), Saudi Arabia (19x), South Korea (12x), Czechia (9x), and Armenia (7x).

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WhatsApp Now Allows Users Edit Messages

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WhatsApp Worldwide users

By Adedapo Adesanya

The social messaging platform, WhatsApp, has announced that rather than users deleting chats in case of a typo, they can now make simple edits.

The edited messages will have an “edited” tag next to the time stamp to mark the change, and other users won’t be able to see the previous versions of edited messages.

The Meta-owned platform, through its chief executive officer, Mr Mark Zuckerberg, first noted the development in a Facebook post, revealing that users can now modify a message within 15 minutes of sending the message.

If users want to do this, they can press and hold on to a message and tap on the edit option to alter the message.

“We’re excited that you’ll now have more control over your chats, such as correcting misspellings or adding more context to a message. For this, within 15 minutes of sending the message, you have to tap and hold that message for a while and then select the option of ‘Edit’ from the menu,” the company said in a blog post on Monday.

This will be good for users that want to correct a simple misspelling or those that want to add extra context to a message.

“We’re excited to bring you more control over your chats. All you need to do is long-press on a sent message and choose ‘Edit’ from the menu for up to fifteen minutes after,” WhatsApp said.

As with all personal messages, media and calls, messages and the edits made are protected by end-to-end encryption.

This feature has started rolling out to users globally and will be available to everyone in the coming weeks.

Rival platform, Telegram, has always allowed for edits and users can do so for a time frame of 48 hours.

Last week, the platform announced that users can now lock and hide conversations as part of privacy measures using biometrics or a special code.

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WhatsApp Launches Chat Lock to Hide Conversations

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WhatsApp Chat Lock

By Adedapo Adesanya

Social conversation platform, WhatsApp, has announced a new feature that will allow users to lock and hide conversations.

The new feature called Chat Lock will remove a chat thread from the app’s regular onscreen inbox and place it into a new folder that can only be opened by a password or biometric, such as facial recognition or a fingerprint.

Calling it “one more layer of security”, Meta – WhatsApp’s parent company – added that Chat Lock would protect “your most intimate conversations” and hide notifications from them.

“Over the next few months, we’re going to be adding more options for Chat Lock, including locking for companion devices, creating a custom password for your chats so that you can use a unique password different from your phone’s,” Meta wrote in a blog post.

“Locking a chat takes that thread out of the inbox and puts it behind its folder that can only be accessed with your device password or biometric, like a fingerprint. It also automatically hides the contents of that chat in notifications, too,” the past announced.

Users can lock chat by tapping the name of a one-to-one or group and selecting the lock option. To reveal these chats, users will need to slowly pull down their inbox and enter their phone password or biometric alternative.

“We think this feature will be great for people who have reason to share their phones from time to time with a family member or those moments where someone else is holding your phone at the exact moment an extra special chat arrives,” Meta added.

This is the latest feature since it fortified its mobile application with three new security features to protect the personal messages of its users.

Also, it announced that has started allowing in-app payment in Brazil last month.

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