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Cyber Terrorists Target Nigerian Banks, Others- Experts

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Hackers believed from Asia are gearing for a massive cyber-attacks targeting companies, including banks and government agencies in Nigeria, according to experts.

 

This is coming as security teams around the world pay close attention to cyber threats in Ukraine, where some of the most destructive hacks in history have originated.

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Recall that Malware dubbed “NotPetya” hit Ukraine in June 2017, taking down government agencies and businesses before spreading to corporate networks around the globe, causing companies billions of dollars in losses.

 

But cyber security experts in Nigeria have also warned that the country may be vulnerable to cyber attacks due to the highly integrated nature of ICT into activities of both the private and public sector.

 

This was among fears expressed at the cyber security and economic development workshop organised by the Nigerian institute of International Affairs in Abuja recently,

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Earlier this year, National Information Technology Development Agency (NITDA) alerted Nigerians, especially the Ministries, Departments and Agencies (MDAs), other government establishments, and the organised private sector to the potential cyber-attacks likely to be experienced this year as well as the precautionary measures to be taken.

 

Elsewhere, Check Point Software Technologies Limited, said that cyber-criminals are more likely to probe known vulnerabilities in the hope that organizations have not acted to remediate them, as they are to develop new attack vectors.

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“They will always look for the easiest way in to a network,” Maya Horowitz, Threat Intelligence Group Manager at Check Point said.

 

In Nigeria, cyber security experts worry about the dearth of skilled human capital in the fight against cyber- attacks in Nigeria which has only 1800 professional in that space.

 

Oluseyi Akindeinde, chief technical officer, Digital Encode, expressed worries that Nigeria’s case in respect of skilled human resources to fight cyber-attack is very bad.

 

Nodding in agreement, William Makatiani, managing director, Serianu, “our research shows that Africa has around 10,000 cyber security professionals and a total of 1800 in Nigeria. This is alarming and dangerous particularly for organizations in Nigeria and Africa.

 

“The real impact of these low numbers was felt at the height of last year’s Ransomware attacks where we did not have enough professionals to serve organizations.

 

Many cyber security professionals were contracted by established companies leaving the SMEs particularly vulnerable.

 

 

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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E-Business

Africa.com Acquires iAfrica

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Media holding company Africa.com has today announced its acquisition of Primedia and MTN-owned news portal, iAfrica.com. The terms of the agreement were not disclosed.

In a statement, Africa.com says the acquisition builds on the company’s strength in running the news Web site and the business publisher’s network, a group of nearly fifty business content publishers on the continent who have joined Africa.com to create a digital audience of over 15 million influential business people.

Africa.com chairman and CEO, Teresa Clarke, will serve as executive editor of iAfrica.

“The acquisition of iAfrica creates a next generation South African media platform with a global reach,” says Clarke. “By acquiring iAfrica, we are able to combine editorial, technology, and marketing resources, bringing the benefits of more original content and better site performance to readers of both iAfrica and Africa.com.”

Laura Joseph Africa.com’s MD, adds: “We are fusing a legendary African news portal with an innovative and dynamic management team under one umbrella. With combined resources, we will continue to make each site better and better.”

According to the statement, Africa.com has already started its re-branding of the iAfrica.com news portal.

“Africa.com is known for its creative content in the form of slideshows, videos, and infographics, and we will bring these content forms to iAfrica,” notes Debra Winter, COO of Africa.com.

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Konga Acquires 2 Mega Warehouses in Abuja, PH

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Konga, Nigeria’s e-commerce giant, is set to roll out two mega warehouses in Abuja and Port Harcourt next month, in line with its ambition to take e-commerce in Nigeria to the next level, ensure same day delivery to its teeming customers and accommodate first rate merchants.

 

The Abuja warehouse which is centrally located and about 78,000 square feet in size will serve the Northern region while that of Port Harcourt which is about 147,000 square feet will function as a major hub for the South/South and South Eastern parts of the country.

 

While the newly refurbished warehouse in Lagos is expected to serve Lagos and other Western states, new warehousing facilities are also being developed in Owerri, Enugu, Ibadan and Uyo to bring the Konga brand closest to customers and merchants as it plans to roll out same day delivery and relaunch Pay On Delivery in major cities.

 

Described as the first of its kind on this side of the Atlantic, the warehouses have been certified by global IT warehousing/logistics agencies as best in class in Africa and equipped with state-of-the-art security, automation and Cloud infrastructure.

Both warehouses, highly secure structures and comprehensively insured by a leading insurance company, will provide much-needed and in demand storage spaces for Konga’s growing merchants, enabling these partners who sell on Konga’s platform to stock their goods for instant access and order fulfilment to customers.

 

In addition, the warehouses will go a long way in helping Konga carry out physical inspection of product quality, achieve same day delivery and meet global standards in e-commerce.

 

Nick Imudia, chief executive officer (CEO) Online, noted that the set-up of the warehouses and upgrading of our technologies some of the many innovative strategies the company is unveiling to uplift standards in the e-commerce sector.

 

“At Konga, we are passionate about customer satisfaction. With these warehouses in Abuja and Port Harcourt, our customers will enjoy the added luxury of same day delivery of their items irrespective of their locations within the regions. For our merchants, it is also a chance to take advantage of greater storage capacity for their goods and products, allowing them to do larger volumes and grow their business.

 

“We are constantly working round the clock behind the scenes to set new standards and raise the bar of service excellence in the e-commerce industry. Some of our innovations and world-class strategies are gradually being unveiled and these massive warehousing facilities are one of such innovations. More of them will be unveiled in August and the coming months,” he enthused.

 

Widely renowned for genuine products, secure payment options and swift delivery, Konga is keen to revolutionize the e-commerce space in Nigeria and beyond – a factor that has seen the new management of the company working hard behind the scenes to leverage its composite structure and fusion of online and offline in ensuring an unprecedented level of world class customer experience, improved standards and growth in the Nigerian and African e-commerce eco-system.

 

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TFhost Bags Best Local Hosting Company of the Year

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TFhost, the leading Domain Name registrar and Hosting Service Company emerges as the best local hosting company in Nigeria for the year 2018.

 

This award meant for companies physically hosting websites and domains in Nigeria, was given at a gala dinner hosted by Nigeria Internet Registration Association (NIRA) at Celebration Garden, Ikeja, Lagos on Friday, July 6, 2018,

 

The Nigerian Internet Registrars Associations (NiRA) .ng Awards is aimed at celebrating the achievements and innovation of Nigerian Internet initiatives. The awards are also aimed in rewarding creativity and showcasing ingenuity among industries.

 

Other than emerging as the best local hosting company of the year, TFhost was also recognized for innovation and creativity by the public which led to the nomination of the following awards.

 

TFhost four awards categories nomination includes,

  • .ng company of the Year
  • Best Local Hosting company
  • Most Innovative Service Provider online
  • Startup Company of the year.

 

TFhost offers Nigerians and the world premium, affordable, fast, local hosting services which includes; domain names, virtual private servers, cloud servers, web hosting, web security, and cloud solutions.

 

According to Mr. Chibuike Duru, manager, TFhost “TFhost has redefined the hosting Landscape in Nigeria for good and will continue to exceed the high expectations that will follow this award. TFhost promises to uphold high standards and continue to bring to the public the best hosting services.”

 

TFhost is a division of Trefoil Networks Limited. TFhost provides domain name registration, web hosting, and website design services.

 

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