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Beware of spillover cyberattacks against non-primary targets – NITDA

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NITDA says following Russia’s invasion of Ukraine, cyberattacks on businesses and government organizations have grown, with the possibility of spillover cyberattacks against non-primary targets becoming far more frequent IT News Nigeria: The National Information Technology Development Agency  said in a statement Monday that there is a greater danger for countries doing business in or with these countries’ governments, as well ...

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Data Protection Bureau urges Best Practices for data security

*Best practices that meet global standards in the protection of data must be adopted in satellite communications Nigeria Data Protection Bureau (NDPB) has said that with the rise in the processing of data online through satellite communications, appropriate mechanisms must be put in place to ensure adequate security, effective protection and regulated data processing in line with laid down legislations ...

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Ransomware Hit 71% of Nigerian Organizations Surveyed for Sophos’ Annual “State of Ransomware 2022”

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44% of Nigerian Organizations that had Data Encrypted in a Ransomware Attack Paid the Ransom IT News Nigeria:  Sophos, a global leader in next-generation cybersecurity, today released its annual international survey and review of real-world ransomware experiences in the State of Ransomware 2022. The report shows that 71% of Nigerian organizations surveyed were hit with ransomware in 2021, up from 22% in 2020. ...

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Red Flag for Ransomware: Attackers Are Using the Log4Shell Vulnerability to Deliver Backdoors to Virtual Servers – Sophos new study

Sophos

Sophos Finds Three Backdoors, Possibly Delivered by Initial Access Brokers, and Four Cryptominers Targeting Unpatched VMware Horizon Servers IT News Nigeria:  Sophos, a global leader in next-generation cybersecurity, has released findings on how attackers are using the Log4Shell vulnerability to deliver backdoors and profiling scripts to unpatched VMware Horizon servers, paving the way for persistent access and future ransomware attacks. A new technical paper, ...

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Microsoft admits DevOps server breach as hackers steal 37GB source code in latest attack

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Threat actors from the Lapsus$ hacking group have leaked parts of the source code for Bing, Cortana and other Microsoft projects. (Bleeping Computer)The group posted a screenshot to their Telegram channel indicating they had hit Microsoft’s Azure DevOps server containing the source codes.Lapsus$ is a data-extortion hacking group that compromises corporate systems in an attempt to extort the victim with ...

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Crypto-trading Scam Demands Thousands of Dollars in Fake “Profit Tax” To Unlock Victims’ Accounts – Sophos new findings

Sophos has released new insight into an international cryptocurrency trading scam called CryptoRom that targets iPhone and Android users through popular dating apps, such as Bumble and Tinder, according to statement today. The new research, “CryptoRom Swindlers Continue to Target Vulnerable iPhone/Android Users,” is based on first hand stories and content shared with Sophos by victims of the scam who got ...

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Sophos Research Details How Conti Gang, Karma Dual Ransomware Attack Hold Business Hostage

sophos

Sophos, a global leader in next-generation cybersecurity, today released findings of a dual ransomware attack where extortion notes left by Karma ransomware operators were encrypted 24 hours later by Conti, another ransomware gang that was in the target’s network at the same time. Sophos details the dual attacks in the article, “Conti and Karma Actors Attack Healthcare Provider at Same Time Through ...

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Synopsys and Spire Solutions in new strategic partnership to minimize business risks

Application security leader Synopsys and MEA’s leading VAD Spire Solutions have announced new partnership to minimize business risks across the SDLC. Companies to showcase solutions and joint capabilities at GISEC in UAE from March 21 to 23, 2022 IT News Nigeria: Spire Solutions, a top value-added distributor and preferred cybersecurity solutions provider servicing the Middle East and Africa, has announced ...

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Cyberthreats in Nigeria are rising, but businesses still lack strong identity protection

Microsoft Nigeria

Microsoft’s threat and data research shows just 22 percent of Cloud Identity Solution and Azure Active Directory users have implemented strong identity authentication protection Thought Leadership by Mohamed El Nemr: What would you imagine your username and password are worth to a hacker? According to Microsoft’s latest threat and data research, the average price for 1,000 stolen username password pairs is ...

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What did Binance CEO CZ say to Nigerians

Binance CEO CZ

Binance CEO, Changpeng “CZ” Zhao has revealed in a letter that some 281 Nigerian accounts have been affected by its ongoing actions to ensure sanity on the world’s largest crypto exchange platform. He added that approximately 38% of these cases restricted at the request of international law enforcement. Changpeng “CZ” Zhao  letter to Nigeria users: The Nigerian community is one ...

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