E-Business
Charity Scams and Voice Deepfakes: What 2024 Holds for Consumers
As Kaspersky continues to reveal insights from the Kaspersky Security Bulletin (KSB), the company’s team of cybersecurity experts presents a detailed forecast for the year 2024.
Building on ongoing analysis of the cybersecurity landscape, this segment of the KSB provides an in-depth look at the threats consumers may face in the coming year. Kaspersky’s predictions point to a diverse array of challenges, where cybercriminals are increasingly leveraging both trending topics and advanced technologies.
Increased charity scams
According to the UN, 2023 experienced the highest level of global violent conflicts since World War II. This elevated state of conflict, combined with the lasting consequences of the pandemic and ongoing climate disasters, has created a prime environment for charity scams. Looking ahead to 2024, we expect a notable increase in such scams, exploiting the extended impact of these global crises.
P2E under the cybercriminal spotlights
With substantial financial investments and the appeal of earnings in P2E gaming, cybercriminals are poised to escalate their focus on exploiting this sector. The recent surge in Bitcoin’s value and the promise of easy money in gaming make it an attractive target.
Voice deepfakes on the rise
As image deepfakes become more common, the progression towards voice deepfakes is accelerating. The recent launch of OpenAI’s Text-to-Speech (TTS) API, with its advanced capabilities to generate human-like speech, highlights significant progress in artificial voice technology.
While these innovations mark a leap forward, they also present opportunities for misuse. Fraudsters could potentially exploit these technologies to create more convincing and accessible deceptive content, escalating the risks associated with deepfake technology.
Internet segmentation and the rise of VPN services
In addition to bolstering user privacy, VPNs play a crucial role in countering challenges like Internet segmentation and website geofencing, which are frequently the byproducts of geopolitical shifts.
These practices impose location-based restrictions on information access, but by using certain VPN clients, users can bypass these barriers, thereby enabling access to a broader spectrum of information.
Given these capabilities, coupled with increasing concerns over privacy and information accessibility, the global demand for VPN solutions is projected to surge significantly in the upcoming year.
Scammers go after premieres
As blockbuster movies like Dune: Part 2, Deadpool 3, Joker 2, Gladiator 2, and Avatar 3 approach release, scams are set to surge. The actors’ strike may lead to unauthorised transfers of new films, creating an ideal environment for phishing sites offering exclusive access.
Not only limited to cinema premiers, should GTA VI make its debut in 2024, it is poised to be the gaming highlight of the year. The online nature of the game introduces in-game currency, attracting scams.
Classic schemes involving pre-order keys and enticing prices are expected to resurface as the gaming community eagerly embraces this release.
“In our 2024 consumer threat predictions, we provide insights into potential cyber risks. The world of scams is dynamic, with fraudsters continually devising new schemes. Stay vigilant, as new tactics may emerge, and maintaining a proactive stance remains your strongest defense against these evolving threats,” comments Anna Larkina, security and privacy expert at Kaspersky.
E-Business
US Supreme Court Upholds Law Banning TikTok
The United States Supreme Court has upheld a law seeking to ban TikTok in the United States.
The court ruled that the law does not infringe upon free speech rights, citing the US government’s legitimate national security concerns about the Chinese ownership of the app.
Last week, the Supreme Court listened to the arguments from ByteDance, TikTok’s parent company, claiming the law violated free speech.
“There is no doubt that TikTok provides a unique platform for expression, engagement, and community to over 170 million Americans,” the justices stated.
With this decision, the ban set for Sunday remains in place, despite calls from lawmakers and officials across the political spectrum for a delay.
Last year, Congress passed a law requiring ByteDance to sell TikTok or shut it down in the US by January 19, reflecting widespread concerns in Washington that the app could be exploited by China for espionage or propaganda.
On Friday, White House officials informed the media that the ban would not be enforced, leaving the final decision to President-elect Donald Trump, who assumes office the next day.
In December 2024, TikTok asked the US Supreme Court to temporarily block a law that would force its Chinese owner to sell the popular video-sharing platform or shut it down by January 19.
The appeal came the same day TikTok, Shou Zi Chew, CEO, met with US President-elect Donald Trump.
E-Business
FG Says NINs will Facilitate Cash Transfers to 18.1m People
Federal government has plans to expand the national social register to 18.1 million names and to reach at least 70 million poor households across the country by the end of this year, according to Prof Nentawe Goshwe Yilwatda, minister, Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD).
Federal government has been distributing cash assistance to poor citizens through a program that requires verification using the National Identification Number (NIN).
The rate of poverty in the country is alarming, the minister said in an interview with Arise News, reason why the federal government plans to extend the humanitarian outreach program to target more homes. Each household receives the sum of N75,000 ($45).
Giving update on the payments, the minister said the first tranche of the conditional cash transfers were paid to five million households between October and December 2024, while the second and third tranches were paid to 2.8 million households.
“The president has directed, based on CBN’s new regulations, that before any payment is made to an individual or household, they must have a digital identity we can trace. That is the NIN number,” the Yilwatda told Arise News.
The cash transfer enabled by digital ID was launched in 2023, and last year, the federal government said around 25 million Nigerians had already benefitted from the scheme.
E-Business
NIMC Grants NCoS Licence to Register Inmates for NIN
National Identity Management Commission (NIMC) has granted licence for the Nigerian Correctional Service, (NCoS) to register inmates in the over 252 custodial centres across the country for National Identity Numbers, (NIN).
The approval followed the request made by Sylvester Nwakuche, acting controller general of the NCoS, who paid a visit to Engr Abisoye Coker-Odusote, director general/chief executive Officer of NIMC, in her office.
The acting controller-general, said the licence to carry out registration of inmates for NIN would eliminate exclusion of inmates from the country’s National Development plans, ensure their safety and security and facilitate their smooth recapture in times of jailbreaks.
The NCoS boss said the visit to the headquarters of NIMC was in search of collaboration that would enable the Service carry out its mandate seamlessly following on going reforms of the Correctional Service system.
According to Nwakuche, there are lots of socio-economic developments within the Correctional Service systems which had led to a number of inmates obtaining University degrees, Masters Degrees and Doctor of Philosophy (PhD) in various fields.
He said such inmates should not be excluded from the national development plans of the country as they should be integrated into the society to become useful for their families and the country.
Nwakuche said inside the Correctional centres are those awaiting trials whose innocence and otherwise has to be decided by the Courts, but argued that in times of National planning, census and other critical national development issues, they should not be disallowed from participating.
Coker-Odusote who granted the licence said NIN has become critical and essential to the country’s national development plans, stressing that NIMC has gone far with the private sector, especially the banks and the Central Bank of Nigeria (CBN) as all banks accounts are now linked with the NIN.
Coker-Odusote said the Eight points Agenda of President Bola Tinubu are also anchored on the Country’s digital identity or National identity Number, stressing that for instance NIN was tied to students loans to eradicate duplicity and prevent ghost beneficiaries.
Coker-Odusote expressed delight in the partnership with the NCoS, saying that the Commission had already entered into partnership with the Nigeria Immigration Service, NIS and other agencies in order to facilitate the smooth delivery of their constitutional mandates.
She commended Dr Olubunmi Tunji-Ojo, minister of Interior, for his dynamic leadership and role in ensuring the delivery of dividends of democracy to Nigeria through various reforms.
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