Phase3 Telecom says it is investing more in research and innovation, expanding the scope of its partnerships as well as advancing on a major Security Operation Centre (SOC) network capability upgrade .

This move will strongly position the company to tackle alarming disruptions to the growth and successes of businesses as well as public institutions, the company says in a media statement. In view of the spike in brands impersonation to mislead workforce and customers by cyber attackers through Malspams, phishing and ransomware according to global cybercrime indices, it says.

Phase3 says it operates the largest independent infrastructure that delivers cost effective telecommunications services to West Africa and has its main offices in Nigeria.

Considering that more small, medium and big businesses are restructuring their teams for remote work to minimize the risk of infections and crippling of company operations as well as profitability amid Covid-19, it says.

"A situation which necessitates proactive cyber due diligence to help these businesses scale efficiently; stay attractive to investors; ensure steady growth across market demographics and to curtail their cyber crime vulnerability including the eradication of sensitive data exposure that can erode customer trust and brand reputation," it says.

According to Phase3's  CEO Stanley Jegede, "the threats that cyber attacks pose to any organization or company is an existential one that cannot and should not be downplayed. As the disturbingly dark web of cybercrime is becoming ultra sophisticated, in a world where business networks are now even more interconnected. Thus, the critical need for SMEs, corporate entities, organizations and institutions to prioritize cyber risk management and investment in multiple protections of their customers, clients, partners and stakeholders' information and networks".

He says the adverse impact of cyber attack which is not limited to sharp drop in prices and value, contracted growth pipeline as well as rapid customer churn, is too great a price for any enterprise to pay amidst a global pandemic.

Phase3's unflinching commitment to proffering expert client-oriented cyber security solutions across automated systems and network layouts that truly help businesses and organizations thrive in an era of digital transformation.

That it is in the company's DNA and of top priority to always create viable ways to ensure clients’ network protection is consistent. Hence, its SOC service which is designed to provide specialized security solutions focused on "people", "processes" and "technologies" with effective monitoring and protection of an organization's IT assets.

With a 360 focus on detecting, containing, eradicating and assisting in quick recovery from all security threats and associated incidents in real time.

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