Cybercrime
How Cybercriminals evolve with technology
The cyber threat landscape continues to develop, and ransomware and extortion will be lost in 2023 after two years of high but stable activity. Hackers are attacking IT and physical supply chains, unleashing mass cyberattacks, and finding new ways to blackmail organisations of all sizes. As expected, customers and clients prioritise cyber risk in the […]
Modupeoluwa OlalereHackers breach SA’s corporate registration
The South African Companies and Intellectual Property Commission (CIPC), responsible for business registration and IP protection, reported a cyberattack on February 29th that let clients’ and workers’ information slip. As soon as the breach was discovered, specific CIPC platforms were shut down to limit potential damage. The agency said that current investigations would soon find […]
Modupeoluwa OlalereRussian hackers break into Microsoft system
Microsoft says that Russian government-backed hackers called Midnight Blizzard broke into its system and caused a breach. The company warns that all organisations are now at risk from well-resourced nation-state threat players. In a recent statement with the U.S. Securities and Exchange Commission, the company said this. Microsoft said hackers got into corporate email accounts […]
Modupeoluwa OlalereIranian cyber-espionage group targets African telecom firms
In a notable development, the cyber-espionage group MuddyWater, linked to Iran’s intelligence service, has extended its operations to Africa, specifically targeting telecommunications companies in Egypt, Sudan, and Tanzania. Symantec’s threat intelligence analyst, Marc Elias, indicates that this marks the first documented instance of MuddyWater’s activities on the African continent, diverging from its prior focus on […]
Ibukunoluwa Josephine BankoleFake News causes disturbance in cryptocurrency industry
A recent incident that sparked a short-lived 10% Bitcoin rally due to fake news has raised concerns in the cryptocurrency industry. This sector is eagerly anticipating mass-market Exchange-Traded Funds (ETFs) that could potentially revitalise its fortunes. On a Monday morning, Bitcoin’s value quickly surged, only to be swiftly reversed. This sudden fluctuation was triggered by […]
Ibukunoluwa Josephine BankoleNITDA reveals plans for 2023 Cybersecurity Awareness Month
In keeping with its purpose, the National Information Technology Development Agency (NITDA) has launched events to mark this year’s Cybersecurity Awareness Month. In collaboration with CISCO, the agency trained 3242 on fundamental and advanced cybersecurity skills the previous year. Every October, there is a month set out worldwide for education and awareness-raising about cybersecurity. The […]
Felicia AkindurodoyeOpen AI allows ChatGPT voice chats
Open AI, ChatGPT’s parent company, is rolling out a voice chat function. Open AI’s latest blog article says so. This development comes shortly after it was revealed that the AI platform had seen a third consecutive month of declining traffic. The AI startup claimed ChatGPT is adding speech and visual capabilities. These features allow users […]
Modupeoluwa OlalereKaspersky appoints new GM for Africa
Andrew Voges will take over the role of General Manager for Africa at Kaspersky, according to a recent announcement made by the company. Voges’ immediate objectives will be to accelerate growth in the enterprise segment, consolidate the company’s channel presence, formulate strategies to onboard more partners and customers within the B2B framework and strengthen customer […]
Felicia AkindurodoyeSouth African firms grapple with escalating cybercrimes
In the ever-evolving landscape of cybercrimes, South African companies find themselves in a precarious situation, often awakening to the harsh realities of digital vulnerabilities only after falling victim to cyberattacks. This trend underscores the pressing need for proactive cybersecurity measures to shield both public and private enterprises in the country. The surge in cyber crimes […]
Ibukunoluwa Josephine BankolePatricia converts customers balances to native tokens
The renowned Nigerian cryptocurrency exchange, Patricia, has made a momentous declaration regarding the introduction of its very own indigenous token, aptly named the Patricia token (PTK). The indigenous token, purportedly a stablecoin with a fixed value tied to the US dollar ($1 = 1PTK), will replace the existing bitcoin (BTC) and naira balances of customers. […]
Staff WriterInterpol blocks 208 accounts, arrests 103 for Cyber fraud in West Africa
208 bank accounts have been frozen, and 103 people with connections to online financial fraud have been arrested in relation to organized crime in West Africa, according to Interpol. More than two hundred bank accounts that were linked to the illegal proceeds of online financial crime were frozen as a result of the operation, according […]
Felicia AkindurodoyeBuguard secures $500k in seed round to fund growth
Buguard, a cybersecurity firm based in Egypt, has successfully completed a Seed investment round, raising a total of $500,000 to defend clients from cyber assaults emanating from the dark web and support development plans. The cybersecurity company Buguard, which is based in Egypt, has successfully raised $500,000 in seed round funding. Along with involvement from […]
Felicia AkindurodoyeGoogle announces funding for Cyber Security training in Africa
In recent years, the lack of cyber security experts in Africa has negatively impacted the continent as the digital technology world expands. Even the majority of learners who are ready to learn lack willpower due to inadequate resources and well-versed expertise in the field. The report also has it that Stopping hacking in Africa alone […]
Staff WriterTrellix expands support for Amazon Security Lake from AWS
Trellix, a multinational cybersecurity company headquartered in California, USA, has expanded its support for Amazon Security Lake, a service that consolidates security data from the cloud, on-premises, and custom sources. This would give clients centralized visibility and prompt resolution of security concerns. In addition to better protecting AWS clients’ workloads, applications, and data, this service […]
Staff WriterHow to protect your private and data while using Internet browsers
Internet browsers can potentially put your privacy and sensitive information at risk as they often collect data about your online activities. This includes websites you visited, search queries, and location information. This data can be used by advertising companies, third-party trackers, or even malicious actors to build profiles about your interests, behaviour, and preferences. Browsers […]
Hauwa Ali AbdulNigeria’s Dojah launches new anti-fraud product for digital enterprises
EasyDetect is an innovative fraud detection tool that was released by the Nigerian startup Dojah to protect digital enterprises from fraudulent activities on the internet. Dojah is a leading provider of identity verification solutions for digital businesses that are onboarding consumers from Africa. EasyDetect gives businesses the ability to identify and prevent fraudulent behaviours on […]
Felicia AkindurodoyeGoogle announces Google Security AI Workbench
Google Cloud has announced the Google Cloud Security AI Workbench, which uses generative AI models to obtain improved insight into the threat environment, following in the tracks of Microsoft. The Security AI suite was driven by Sec-PaLM, a security platform with a large language model (LLM) created exclusively for cybersecurity use cases. The goal is […]
Staff WriterSouth African +OneX acquires cybersecurity firm, MMC
+OneX, solutions and systems supplier for South African IT giant Reunert Group, has reached an agreement to acquire MMC, a privately owned cybersecurity and managed services firm, for an undisclosed amount. By acquiring MMC, +OneX has expanded its range of cloud and digital transformation services to include cybersecurity and Compliance as a Service (CaaS). MMC […]
Staff WriterWe Must Employ Technology To Fight Crime In Nigeria – Defence Minister
Nigeria’s Minister of Defence, Retired Major-General Bashir Magashi, has said that it is time to employ technology to remove the mystique surrounding the woodlands that are exploited as safe havens by criminals around the country. Magashi made these remarks on Tuesday in Abuja at the beginning of the 12th National Security Seminar organised by the […]
Ibukunoluwa Josephine BankoleNCC issues public alerts on cybercriminals spreading malware
The Nigerian Communications Commission (NCC) has issued a public alert on cybercriminal gangs that are disseminating malware using AI-generated YouTube videos via its Computer Security Incident Response Team (CSIRT). This was contained in a news statement dated March 26th, 2023, and signed by Reuben Muoka, NCC Director of Public Affairs. According to the statement, those […]
Hauwa Ali Abdul