E-Business
Cisco, CheckPoint Lead Security Appliance 2Q2014 Growth-IDC

According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, the security appliance market continues to see positive momentum, as Cisco leads in the market
In the second quarter of 2014 (2Q14), worldwide factory revenue grew 7.3% year over year to $2.2 billion.
This was the 19th consecutive quarter of positive growth, dating back to the fourth quarter of 2009.
Second quarter shipments also grew, totaling 500,178 units, up 4.9% over the 476,903 units shipped in 2Q13.
Geographically, Latin America saw the highest growth in the quarter at 24.5%.
Asia/Pacific also saw strong appliance sales, with revenue increasing 11.3% compared to 2Q13.
North America grew 6.0% in the quarter while accounting for 39.4% of market revenues.
Western Europe saw its highest growth since the first quarter of 2011, with revenue increasing 6.8% year over year.
Cisco continues to lead the overall security appliance market with 18.4% share of factory revenue in the second quarter with year-over-year growth of 19.7%.
Check Point again held the number two spot for the quarter as revenue increased 9.8% year over year.
Fortinet remained the third largest security appliance vendor as its market share increased to 7.3% on growth of 24.6% over 2Q13.
Palo Alto Networks rose to the number four spot on growth of 57.6%.
Intel Security rounded out the top 5, growing 12.9% year over year and accounting for 5.3% of the market.
Functional Market Results
At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue increase at 21.5% and accounted for 43.6% of security appliance revenue in 2Q14.
The Firewall market remained constant year over year, and represented 19.2% of security appliance revenue in the quarter.
The Content Security and Intrusion Detection and Prevention (IDP) segments made up 17.2% and 16.0% of the market, respectively, with Content Security declining -0.9% and IDP declining -1.2% year over year.
“With countless Web site hacks and data thefts, network encryption and information protection are more important than ever,” said Ebenezer Obeng-Nyarkoh, senior research analyst, Worldwide Trackers Group “Trying to track new security vulnerabilities can be overwhelming because so many Web-based applications use services that are not up to date on all of their network and services.”
IDC’s Worldwide Quarterly Security Appliance Tracker is a quantitative tool for analyzing the global security market on a quarterly basis.
The Tracker includes quarterly shipments and revenues (both factory and customer), segmented by vendor, security function, product family, model, region, operating system, and price band.
E-Business
NDPC Probes Suspected Data Breach in Examination Centres

Nigeria Data Protection Commission (NDPC) has launched an investigation into allegations that the confidentiality and integrity of candidates’ personal data may have been compromised by hackers.
The Commission initiated the inquiry following concerns over possible data breaches during examinations.
Preliminary findings indicate that several examination centres may not have implemented adequate technical and organizational measures to safeguard candidates’ personal information, as required under data protection regulations.
Although the incident reportedly affected 379, 997 candidates, the NDPC’s investigation is poised to cover a systemic audit of data processing and third parties.
It will be recalled that JAMB recently admitted that a technical error on its platform affected a total of 379,997 candidates in 157 examination centres across Lagos and the South-East.
Further investigation led to the arrest of at least 20 suspects who are currently in the custody of the Department of State Services and the Nigerian Police Force.
E-Business
Nigeria Among Hotspots as Kaspersky Warns of Rising Ransomware Threat in Africa

Cyber security firm, Kaspersky, has once again warned that sophisticated cybercriminals increasingly target Africa as ransomware and advanced persistent threats (APTs) escalate across the region.
Speaking at the company’s annual Cyber Security Weekend for the Middle East, Turkiye and Africa (META) region, the cybersecurity firm’s Global Research and Analysis Team highlighted growing digital threats affecting African nations.
Kenya, Nigeria, and South Africa emerged as hotspots, with Kenya recording one of the highest web threat incident rates at 20.1% in first quarter 2025.
“While ransomware is less prevalent in Africa due to lower levels of digitisation and economic constraints, countries like South Africa and Nigeria are seeing a sharp rise in attacks,” said Sergey Lozhkin, head of META and APAC regions at Kaspersky.
Kaspersky noted a 0.01 percentage point increase in African ransomware cases year-on-year, reaching 0.41%, still below global and Middle Eastern averages, but a troubling sign for the continent’s emerging digital infrastructure.
Experts warned that attackers are refining their tactics, shifting focus to unconventional entry points like IoT devices, smart appliances, and misconfigured hardware.
“As these economies expand digitally, sectors such as manufacturing, finance and government are becoming key targets,” said Lozhkin
The cyber-crime landscape is evolving quickly, fuelled by AI tools and dark web access to large language models, which enable less skilled actors to launch convincing phishing and malware campaigns.
Groups like FunkSec, which uses AI-generated code and a low-cost ransom model, are redefining ransomware operations.
“African organisations face the dual challenge of expanding digital footprints and limited cybersecurity awareness. This makes layered defense strategies, including network segmentation, real-time monitoring and regular staff training, essential,” stated Lozhkin
Kaspersky continues to monitor 25 active APT groups in the META region, including SideWinder and MuddyWater, some of which are known to target African institutions.
To bolster defenses, the firm recommends using tools such as its free Anti-Ransomware Tool for Business and the Kaspersky Next suite for threat visibility and response.
E-Business
Nigeria Launches Cybercrime Team with Commonwealth, UK Support

Nigeria recently launched a new joint case team to step up its response to cybercrimes that affect people and businesses at home and abroad.
The ‘Joint Case Team on Cybercrime’ brings together Nigeria’s key justice and security agencies to work as one, making it easier to detect, investigate, and prosecute digital offences.
It is supported by the UK National Crime Agency, the UK Foreign, Commonwealth and Development Office, and the Commonwealth Secretariat, as part of a wider effort to promote international cooperation on cybercrime.
Speaking at the launch in Abuja, Prince Lateef Fagbemi SAN, minister of justice and attorney general of the federation described the initiative as “a bold and transformative stride in Nigeria’s justice system.”
He said that although Nigeria has a national legal framework to address cyber offences, laws alone are not enough.
Nigeria is among the countries most affected by cybercrime around the world, with increasing financial losses.
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