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Cybercrime

14

40 Reported Digital Lenders in Kenya will Be Audited By ODPC

At least 40 digital lenders will be checked by Kenya’s Office of the Data Protection Commission (ODPC) for data breaches involving their clients. The ODPC wants to set up a data processing system that is open and accountable and that promotes and protects the right to privacy of Kenyan citizens. This makes people less likely […]

Felicia Akindurodoye
20

“1 million Facebook accounts” may have been hijacked, says Meta

Researchers at Meta Inc., a company specialising in information security, have found over 400 “scammy apps” on the Google Play Store and the Apple App Store designed to steal users’ Facebook login information. The team at Meta acknowledged that these applications often require users to “Log In with Facebook” before accessing certain functionalities. According to […]

Modupeoluwa Olalere
11

Hackers Steal over 600 Million Dollars from Binance Smart Chain

The Binance Smart Chain (BSC) has suspended operations due to irregular activities amid reports of a hacking attempt on BNB, which jolted the global cryptocurrency market. It was reported that the hackers hijacked the Binance-linked cryptocurrency BNB, which was valued at over $600 million at the time of the attack. This was disclosed in a […]

Staff Writer
11

Getty Images Bans AI-generated Content

Getty Images has banned the submission and sale of artwork created using Al-generated image synthesis models such as Stable Diffusion, DALL-E 2, and Midjourney on its platform. The user-generated platform follows sites including Newgrounds, PurplePort, and FurAffinity in the decision to ban Alternative Intelligence-generated illustrations. This makes Getty Images, the largest visual media company put […]

Staff Writer
11

Binance Introduces Global Training Program to Fight Digital Asset-Related Crime

The use of cryptocurrencies is becoming increasingly widespread. These are decentralized digital or virtual currency forms that may be spent or traded utilizing blockchain technology. They are sometimes referred to as altcoins. The degree to which they accomplish their goals of enhancing privacy and anonymity is an open question for many. Some of these currencies […]

Staff Writer
11

Financial phishing, cyberattacks surge In Kenya and Nigeria

Cyberattacks in the financial industry are shifting away from targeting individual customers toward targeting corporations. According to Kaspersky Security Network, phishing attempts in African countries have increased significantly from the first to the second quarter of 2022. Online retailers, payment systems, and financial institutions were attacked. Phishing is a deceitful method of collecting information, and […]

Staff Writer
11

The NCC advises Zoom users to install the latest updates

The Computer Security Incident Response Team of the Nigerian Communications Commission (NCC-CSIRT) has advised users of the video telephony platform Zoom to install the latest version of the software, which can be obtained from the app’s publisher, following the discovery of vulnerabilities that remote attackers can exploit. The Indian Computer Emergency Response Team (CERT-In) found […]

Staff Writer
11

18-year-old hacks and steals sensitive information from Uber

On Thursday, Uber employees learned that a hacker had gained access to extensive portions of the company’s internal network and boasted about it on the official Slack channel. According to the news source that broke the story, the intruder showed The New York Times and security researchers screenshots of the breach and was unusually open […]

Staff Writer
10

Uganda’s Parliament Passes Tougher Computer Misuse Sanctions

The Computer Misuse (Amendment) Bill, 2022, which set harsh penalties for cybercrimes and was privately proposed by Muhammad Nsereko (Ind., Kampala Central), has been passed by the Parliament of Uganda. The purpose of the Computer Misuse (Amendment) Bill, 2022 was to amend the Computer Misuse Act, 2011, in order to strengthen the provisions on unauthorized […]

Okunloye Abiodun Segun
14

Kenya Asset Recovery Agency (ARA) Drops Money Laundering Charges Against Nigerian Companies

The Kenyan Asset Recovery Agency (ARA) has dropped money laundering charges against three Nigerian companies because the source of the funds was adequately explained. The agency asked the High Court in April 2022 to halt any transfers or withdrawals of the three companies’ Sh5.6 billion ($48.6 million). At the time, it was said that the […]

Felicia Akindurodoye
10

IEBC Records 200 hacking Attempts, During Kenya Elections

In the midst of the ongoing Kenya general elections, the Independent Electoral and Boundaries Commission (IEBC) has announced that there were around 200 attempts made to breach the system between Thursday, 4:00 pm and Friday, 8:00 am. This was affirmed by an insider that reported on the happenings on Friday.  However, IEBC has given the […]

Okunloye Abiodun Segun
10

Scammers Hire Uber To Take Old Woman to the Bank

Internet scam has become rampant today, where con artists utilize every loophole on the internet to loot their victims. Techpression also reported an event where the black axe infiltrates Irish banks and IT firms to commit fraud. Therefore every individual should be on the watch. Here is and also event where scammers sent an uber […]

Okunloye Abiodun Segun
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