E-Business
5 Ways to Protect Your Devices from WannaCrypt Pandemic

With the world reeling from the WannaCrypt attack – an ongoing cyber-attack of the WannaCry ransomware computer worm targeting the Microsoft Windows operating system – fears are rife that the viral attack may soon spread to Nigeria, with dire implications for individuals and businesses whose devices are compromised.
Described as unprecedented in scale, the attack which started on Friday May 12 2017 has infected more than 230,000 computers in 150 countries, with the software demanding ransom payments in the cryptocurrency Bitcoin in 28 languages.
In this piece, the Research/Development Unit of Yudala – Nigeria’s fastest growing composite e-commerce outfit – shares five ways to stay ahead of the WannaCry attack which has been likened to a ‘pandemic’.
Update Windows as a matter of urgency
The world heaved a brief sigh of relief when the WannaCry ransomware was halted in its deadly tracks by a security analyst who discovered a kill switch in its code last week. Sadly, the ransomware has been updated without the kill switch, allowing it to spread. Apart from businesses, institutions and governments; individuals are equally at risk of this viral attack as WannaCry targets a Windows operating system flaw in older versions that have not been patched. If your system runs on one of the newer versions of Windows and you have kept up with automatic updates, you can protect yourself by updating your computer immediately with the software patch released in March 2017.
Invest in a ransomware blocker
The WannaCry attack is indeed an eye-opener to the growing global scourge of Ransomware – described in an earlier research piece as an increasingly popular mode of attack where attackers encrypt data taken from the victim and in return for decrypting the data, they ask for an acceptable amount from the victim as ransom. These victims include individuals, small or medium-sized enterprises (SMEs) and large corporates.
Most anti-virus software hardly offers any protection against ransomware, especially if you are using the outdated version of the anti-virus. In view of the increasing prevalence of these attacks and if your checks reveal you are not protected, perhaps now is the time to consider investing in a dedicated ransomware blocker. Before purchasing one, please check out the features and cost. There are also a few free options you can download and install at no cost.
Turn Windows Update on if currently disabled
Most users can be forgiven for disabling Microsoft Windows’ automatic updates. This is especially considering the annoying tendency for earlier versions to auto-install even when one is in the middle of a pressing work schedule or tight deadline. Thankfully, Microsoft has, to a large extent, fixed that issue with the current version of Windows 10. So, if you currently have automatic updates disabled, please go back to your Control Panel to turn them back on and leave them on.
Stay alert for new strains/mutations
According to research from Heimdal Security, new strains or mutations of the WannaCry ransomware have popped up, with some bearing the name Uiwix. Also, the virulence of the ransomware can be seen from the way it rebounded from the initial attempt to deploy its kill switch. This clearly shows the need to remain on the alert for new strains or mutations. Suspicious links in emails and on websites should be regarded with caution to avoid becoming a victim.
Consider cloud storage and file back-ups
In view of the likelihood of falling prey, there seems no better time to consider cloud storage and other forms of back-ups for your sensitive files and other information. Cloud storage is particularly useful because in the event of an attack, you may be able to recover your affected files by accessing earlier versions of them. Some effective cloud-storage services keep snapshots of all changes made to files in the past 30 days.
E-Business
Senate Votes to Compel Facebook, Others to Open Offices in Nigeria

Nigerian Senate, on Tuesday, passed for first reading a bill aimed at amending the Nigerian Data Protection Act of 2023.
The amendment seeks to compel major social media platforms—including Facebook, X (formerly Twitter), Instagram, WhatsApp, YouTube, TikTok, and other independent bloggers—to establish physical offices in Nigeria.
The bill is titled “A Bill for an Act to Amend the Nigerian Data Protection Act, 2023, Mandating the Establishment of Physical Offices within the Federal Republic of Nigeria by Social Media Platforms, and for Related Matters, 2025.”
It was introduced by Senator Ned Nwoko, a lawmaker from Delta State.
The bill not only mandates that the social media platforms set up physical offices in Nigeria, but also seeks to regulate bloggers operating in the country.
It proposes that bloggers must establish verifiable offices in any Nigerian capital city, maintain proper employee records, and join a recognised association based in Abuja.
During the Senate debate, Nwoko highlighted Nigeria’s significant digital presence, referencing a report from Global Web Index shared by Business Insider Africa.
With a population of over 200 million, Nigeria ranks second globally in social media engagement.
Nwoko argued that having local offices is long overdue, noting that the absence of such offices creates challenges, including limited local representation and difficulties for users and businesses to engage directly with these platforms.
The Senate President, Godswill Akpabio, acknowledged the potential benefits of having these social media platforms establish local offices, particularly in terms of improving regulatory oversight and ensuring compliance.
However, Akpabio urged caution regarding the regulation of bloggers, stressing the importance of protecting online expression.
“It’s beneficial to have an address, but bloggers are a bit different. The best approach is for the bill to go for a second reading, followed by a public hearing to provide more clarity,” Akpabio said.
He emphasised that the intent of the bill was not to suppress social media, but rather to improve taxation and record-keeping for digital platforms in Nigeria.
The Senate has also tasked the Committee on ICT and Cyber Security to conduct a thorough review of the bill and report its findings in two months.
E-Business
Google to Buy Cybersecurity Company Wiz for $32Bn

Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.
The all-cash deal brings Wiz into the Google Cloud operation, boosting the capacity of consumers to use “multiple clouds” and providing “an end-to-end security platform for customers, of all types and sizes, in the AI era,” the companies said in a joint press release.
The deepening influence of AI makes “cybersecurity increasingly important in defending against emergent risks and protecting national security,” the companies said.
The transaction, the largest ever sought by Google or parent Alphabet, will test President Donald Trump’s openness to large takeovers after resistance to such deals by the administration of Joe Biden.
Alphabet had been close to a Wiz takeover last summer, but the deal fell apart due in part to regulatory concerns, according to the Wall Street Journal.
Started in 2020 by Assaf Rappaport, co-founder and CEO, and a team who sold a previous venture to Microsoft, Wiz will continue to work and provide services to platform led by other tech giants including Amazon Web Services and Microsoft Azure.
Wiz is based in New York, with offices in Tel Aviv and three other US cities.
In a webcast after the deal was announced, Rappaport said the service “continuously scans an organization’s code and cloud environments, monitoring them in real time” to “prioritize the most critical risk based on real impact and blocks active threats.”
E-Business
Darey.io, Xterns.ai to Expand Digital Skills, Experience Through Lagos Tech Hub

Dare Olufunmilayo, founder and CEO of Darey.io, has said that the reason for the establishment of a physical tech hub in Lagos is to expand on the digital talents they have started building especially pushing its artificial intelligent initiatives further.
Speaking at the launch of the hub, he described the moment as more than just the opening of a new office but the beginning of a transformative movement.
“Today is not just about celebrating a new office space; it is about launching a movement, a revolution in how we learn, build careers, and create opportunities in the tech ecosystem,” he stated.
The event’s theme, “Tech & Tea: Brewing Nigeria’s Technology Innovation Future,” reflects the belief that building a thriving digital economy requires the right mix of talent, innovation, and collaboration.
Olufunmilayo likened the process to brewing the perfect cup of tea, requiring the right mix of talent, innovation, and partnerships.
“Just like brewing the perfect tea, building a thriving digital economy requires the right ingredients: talent, innovation, and collaboration,” he noted.
He also acknowledged the critical role of various stakeholders, including the Nigerian government, tech leaders, and industry partners.
“None of this would be possible without the ecosystem we are a part of. The government’s 3MTT initiative is playing a crucial role in creating a future-ready workforce,” he said, recognizing the contributions of government efforts, partners, and the dedicated Darey.io team.
Reflecting on the journey that led to this milestone, Olufunmilayo highlighted the company’s mission to empower Africans with world-class digital skills and bridge the gap between talent and opportunity.
“A few years ago, we started with a bold vision: to empower Africans with world-class digital skills and bridge the gap between talent and opportunity.
“We believed that, with the right platform, the right training, and the right mindset, anyone—no matter their background—could go from learning to earning in the global digital economy.”
That vision, he emphasized, has now become a reality. “Thousands of Nigerians have started their careers through Darey.io, working for top global companies, launching startups, and creating ground-breaking solutions.”
With the launch of Xterns.ai, the initiative is taking an even greater leap forward. “Xterns.ai is our next big leap—where we don’t just train talents; we integrate them directly into the workforce through our Proof-of-Skills Hiring model,” Olufunmilayo explained.
Speaking at the launch, Francis Sani, Technical Adviser for Innovation, Entrepreneurship, and Capital to the Minister of Communications, Innovation, and Digital Economy, highlighted Nigeria’s demographic advantage.
He noted that Nigeria has the largest youth population in Africa, with a median age of 16 years, compared to 38 in the U.S. and 46 in Japan. This, he said, positions the country as a key player in the global tech competitiveness race.
However, Sani emphasized that access to quality training and employment pathways remains a significant challenge. “We have the talent, we have the ambition, but we must scale up digital skills to compete globally,” he stated.
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