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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

+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 […]

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 […]

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 […]

There has been a notable increase in the number of phishing attacks throughout many African countries.  Kaspersky Labs, a market leader in the cybersecurity industry, has announced its plans to expand globally. As of the most up-to-date data provided by the company, Kaspersky’s anti-phishing system successfully blocked over 500 million attempts to access global websites […]

Twitter has begun implementing its plans to prohibit users from using text messages as a Twitter 2-factor authentication (2FA) method to safeguard their accounts beginning in March 2023. There are ways to acquire Two-factor verification for free on the Twitter account of security experts. The social media site said in February that the service would […]

The Law Firm of Olumide Babalola LP will organise the first edition of her annual privacy and data protection conference, “PrivCon Nigeria,” on March 22, 2023, at the AGIP hall in the Muson Centre in Lagos, Nigeria. The conference will centre on privacy and data security concerns. The theme of the conference is “Building Foundations […]

Facebook and Instagram parent company, Meta, has launched a program recently called ‘Take It Down’ to curb the spread of “revenge porn”, also called non-consensual images or videos of teenagers on Facebook and Instagram. Revenge porn results in the public humiliation of victims when their non-consensual explicit images or videos are publicly shared or viewed. […]

OpenAI has announced that, through the recently introduced Whisper API, it is now enabling third-party developers to include ChatGPT in their products and services. Using this tool will be far less expensive than using its current language models. The company released the open-source Whisper speech-to-text model in September 2022. The Whisper API is a hosted […]

Mastercard and Nigeria-based digital payment startup NowNow have begun a partnership aimed at supporting Small and Medium-scale Enterprises (SMEs) in combating cyberattacks. The duo plan to achieve this by providing free materials to SMEs to help educate and intensify their cybersecurity ecosystem. The agreement between Mastercard and NowNow comes amid major rises in cybercrime in […]

AV-Test Institute, an impartial IT security company, estimates that there will be over 1.2 billion malware pieces online in 2023. The organization discovers 450,000 new viruses and possibly dangerous apps daily. Scammers and hackers use such apps to steal funds and personal information or use your online identity. These virus prevention tips can prevent you […]

African governments are increasingly acknowledging the need for legislation and investment in data and privacy protection since approximately 600 million people across Africa use the internet these days. According to the non-profit advocacy group Internet Society, over 17 African countries have implemented comprehensive personal data privacy legislation. In addition, the United Nations Conference on Trade […]

President of The Nigeria Computer Society (NCS), Professor Adesina Sodiya, has assured that the umbrella body of all IT Professionals and Practitioners with over 15,000 memberships will continue to serve the interest of all and the nation in the IT ecosystem. Prof. Sodiya said this while speaking during a press conference on Nigeria Computer Society […]