E-Business
Malware Variety Grows by 13.7% in 2019 Due to Web Skimmers

In 2019, the number of unique malicious objects detected by Kaspersky’s web antivirus solution rose by an eighth, compared to last year — reaching 24,610,126.
This growth was mainly influenced by a 187% rise in web skimmer files. Other threats, such as backdoors and banking Trojans detected in-lab, also grew, while the presence of miners dropped by more than a half.
These trends have demonstrated a shift in the type of threats used by attackers on the web who search for more effective ways to target users, according to the Kaspersky Security Bulletin: Statistics of the Year report.
In 2018, unique malicious objects (including scripts, exploits and executable files) detected by Kaspersky’s web antivirus solution totaled 21,643,946, rising to 24,610,126 this year.
The growth accounts for an increase in the number and variety of HTML pages and scripts with hidden data loading – usually used by unscrupulous advertisers.
Yet, most notably, the growth was also partially caused by online skimmers (sometimes referred to as sniffers) – where scripts are embedded by attackers in online stores and used to steal users’ credit card data from websites.
The growth of online skimmers’ unique files (scripts and HTML) detected by Kaspersky web antivirus equaled 187%, reaching 510,000. At the same time the number of threats detected by web antivirus have risen five-fold (by 523%), totaling 2,660,000 in 2019.
“Web skimmers also entered the top 20 malicious objects detected online, taking 10th place in the overall ranking. The share of new Backdoors and banking Trojan files, among all types of threats detected in-lab, also grew by 134% and 61% to reach 7,644,402 and 739,551 respectively.
Nevertheless, the number of unique malicious URLs detected by Kaspersky web antivirus halved in comparison to 2018 (50.5%) – from 554,159,621 to 273,782,113. This shift was largely caused by significant decrease of hidden web miners, even though several detections related to them (including Trojan.Script.Miner.gen, Trojan.BAT.Miner.gen, Trojan.JS.Miner.m), can still be seen in the top 20 web malware threats.
The presence of programs that secretly generate cryptocurrency on users’ computers (called ‘local’ miners) has also been steadily declining over the year: the number of users’ computers affected by attempts to install miners dropped by 59%, from 5,638,828 to 2,259,038.
85% of web threats were detected as malicious URL – this detection name is used to identify links from Kaspersky’s black list. It includes links to web pages containing redirects to exploits, sites with exploits and other malicious programs, botnet command and control centers, extortion websites, and others.
“The volume of online attacks has been growing for years, but in 2019 we saw a clear shift from certain types of attacks that are becoming ineffective, to the ones focused on gaining clear profit from users. This is partly due to users becoming more aware of the threats and how to avoid them, and organisations steadily becoming more responsible.
A good example is miners, which have lost their popularity due to lower profitability and cryptocurrencies’ fight against covert mining.
“This year we also witnessed growth in zero-day exploits, showing products remain vulnerable and are used by attackers for sophisticated attacks, and this trend is likely to continue in the future,” says Vyacheslav Zakorzhevsky, Head of Anti-Malware Research at Kaspersky.
The number of new malicious files processed by Kaspersky’s in-lab detection technologies amounted to 342,102 – which is 1.05% less than the previous year.
E-Business
Senate Passes Bill to Re-enact NIMC Act

The Senate has passed a bill, seeking to repeal and re-enact the National Identity Management Commission (NIMC) Act.
This followed adoption of report of Committee on National Identity Card and Population at plenary on Wednesday.
The report was presented by Senator Victor Umeh (LP-Anambra), chairman of the committee.
Senator Umeh in his presentation said the bill sought to provide for the establishment of a national identity database and the National Identity Management Commission.
According to him,the agency will be charged with responsibilities for maintenance of national database, the registration of individuals and the issuance of identity credentials.
He said the bill would lead to the creation of national identity database to source business biometric and empower NIMC to issue regulations and guidelines for implementation of the act and other related matters.
He said the bill sought to strengthen the legal framework of national and digital identity, hereby creating an optimal foundational identification ecosystem that fosters inclusion, universal coverage, and accessibility.
Senator Umeh said the act would establish a harmonious foundational identity system that is governed by a less restrictive, less cumbersome, non-discriminatory, non-punitive data protection, cost-effective, and compliance with global borders.
Senator Umeh said the bill, when passed into law, would address the challenges and limitations of national Identity management commission Act 2007, repeal it, and then close the gap of incomplete and inaccurate national identity database, provide efficient governance and service delivery.
He said the bill received overwhelming support from stakeholders at the public hearing due to the need to implement the long-awaited database system.
E-Business
World Bank Expresses Concern over Nigeria’s Poor Data, Statistics Quality

The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil.
Mrs. Julie Osagie-Jacobs, director, Information and Public Relations, Ministry of Budget and Economic Planning, stated this in a statement after a courtesy visit to Senator Abubakar Bagudu, minister of Budget and Economic Planning, by a delegation from the World Bank led by Ndiame Diop, country director; and Mr Johan Mistiaen, practice mfor West and Central Africa, on Wednesday.
In his presentation titled “Next Level Statistics to Support Nigeria’s Reform and Growth Agenda,” Mistiaen stated that Nigeria’s statistical system was not on par with those of its developmental counterparts.
He advised that an annual investment of between $10m and $15m in the country’s statistical infrastructure would significantly improve performance and align Nigeria with its peers.
The statement read in part, “Earlier, Mr. Johan Mistiaen in his presentation on the next level statistics to support Nigeria’s reform and growth agenda, observed that the country’s statistical performance was not at par with its aspirational peers as Mexico, Colombia, South Africa and Brazil.
“He suggested that investing about $10-15m annually into the country’s statistical system can raise performance to that of its aspirational peers.”
Responding, Bagudu assured that the Federal Government would continue to guarantee the independence of the National Bureau of Statistics.
He commended the Bureau for consistently releasing credible and methodical data that have been relied upon by reputable international organisations.
The minister stressed that there would be no government interference in the operations of the NBS.
E-Business
FG Plans to Link Social Register to NIN for Humanitarian Crisis

Federal government has disclosed that efforts are ongoing to link the National Social Register (NSR) to the National Identity Numbers (NIN).
Prof. Nentawe Yilwatda, minister of Humanitarian Affairs and Poverty Reduction, explained that the linked data would assist the country to anticipate crises, mobilize resources faster, and ensure aid reaches those who need it the most.
He said harnessing data would save the country and relevant stakeholders the stress and bottlenecks of outdated processes.
He also identified bureaucratic crisis as the biggest crisis in the humanitarian space which stalls responses to humanitarian issues.
Speaking in Abuja on Tuesday at the National Humanitarian Roundtable programme, the minister said: “People are traumatized by climate change, security threats and economic shock across the country and in the midst of these, we have limited funding.
“The biggest crisis we have is not just the people being killed, the crisis we have is a bureaucratic crisis that does not respond to a humanitarian crisis. Every delay in decision making, every inefficiency in coordination, every shortfall in funding, costs the life of people.
“They say knowledge is power, but knowledge can be destructive too. It can only be power if we use it effectively. By leveraging data and technology, we can anticipate crises; we can mobilize resources faster and ensure aid reaches those who are in need the most and without the bottleneck of outdated processes.
“We are linking the social register to national identity numbers and geotagging all homes of those who are vulnerable across the country so that if there’s any crisis, we don’t need to begin to walk around communities and taking names and asking the States Emergency Management Agency and the National Emergency Management Agency (NEMA) for data.
- News2 days ago
Police Arrest 4 Bank Staff over Alleged ₦270m Fraud, Money Laundering
- E-Financial2 days ago
UBA Grows Profit to ₦804Bn, Declares N3 Kobo Final Dividend
- E-Business2 days ago
NIMC to Prosecute Nigerians Printing ‘NIN Cards’, Says Only Slip is Legal
- Telecom2 days ago
Open Access Fabrics Set to Drive Connectivity to Achieve a Digital Economy
- E-Business2 days ago
Unleashing Nigeria’s Business Potential: The Cloud as Catalyst for Growth
- Telecom2 days ago
MTN Nigeria and Pan-Atlantic University Invite Media Practitioners for 4th Media Innovation Programme
- General News2 days ago
Authorities Seize 1842 Devices in African-Wide Cybercrime Crackdown
- E-Financial2 days ago
Enza Raises $6.75m Seed Funding to Boost Embedded Payment Solutions Across Africa