E-Business
Cyber Storm Alert: 46m Potential Attacks Hit Global Networks Daily- BT

New data released by BT, the global communications company, has revealed an alarming surge in the number of potential cyber-attack signals observed daily worldwide, surpassing a staggering 46 million signals on average.
As cybersecurity experts tirelessly defend their networks, more than 530 signals of potential attacks per second are being logged.
This surge in activity highlights a growing menace posed by malicious actors targeting businesses and critical national infrastructure.
Targeted Industries: IT, Defense, Banking, and Insurance
Over the past year, certain industries have borne the brunt of these relentless cyber-attacks.
IT, defense, banking, and insurance sectors collectively accounted for 19.7% of malware sightings.
The retail, hospitality, and education sectors were also at high risk, making up 14.9% of malware sightings.
Cybercriminals often seize opportunities during seasonal sales and spikes in online traffic, making the festive period a particular concern for retailers.
Small Businesses and Charities at Risk
The data also exposes a worrying trend as small businesses, startups, and charities find themselves increasingly in the crosshairs of cybercriminals.
Approximately 785,000 cybercrimes targeted UK charities in the past year, revealing that these organizations may not possess the necessary security tools to fend off such attacks.
With big data and connected technology being widespread, almost anyone can be a target in the digital age.
Relentless Scanning by Cybercriminals
Every 30 seconds, cybercriminals systematically scan devices connected to the internet, hunting for vulnerabilities, and employing automation and machine learning to identify weaknesses in business defenses.
This means that, on average, a business’s network is scanned and tested over 3,000 times daily.
Consequently, having the right tools in place to identify and prevent attacks, as well as conducting regular reviews, is critical.
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.
E-Business
INEC Sets Up AI Division to Strengthen Electoral System

Independent National Electoral Commission (INEC) has announced the establishment of an Artificial Intelligence (AI) Division within its ICT Department.
This marks a significant stride toward enhancing electoral integrity, efficiency, and innovation in Nigeria’s democratic process.
This decision was reached at the Commission’s regular weekly meeting held in Abuja, following a series of consultations and engagements on the global and continental impact of AI on elections.
In a statement issued by Sam Olumekun, national commissioner and chairman of the Information and Voter Education Committee, INEC underscored that the growing relevance of AI in electoral matters necessitated a proactive institutional framework to manage both the risks and opportunities it presents.
“Our interactions with electoral bodies across Africa highlighted both the risks of AI—such as fake news and content manipulation—and the vast potential it holds for data-driven decision-making, risk mitigation, automated voter services, and geo-spatial intelligence for logistics,” Olumekun noted.
According to him, the newly created division will centralise the Commission’s AI efforts, ensuring a harmonized approach to deploying intelligent systems that enhance decision-making, improve voter engagement, and boost the credibility of the electoral process.
“The creation of this division puts the Commission at the forefront of institutionalizing AI capabilities in electoral management.
It is also part of our ongoing reforms in areas where administrative action is sufficient to drive change,” he said.
He added that the AI Division will help INEC better coordinate its existing technological investments while providing safeguards against the misuse of AI technologies.
“We are positioning ourselves to maximise the positive impact of AI while mitigating its negative implications. This step strengthens the credibility and transparency of elections in Nigeria,” Olumekun concluded.
The initiative, INEC emphasised, reflects its commitment to embracing innovation in safeguarding democracy and improving electoral services nationwide.
E-Business
CAC, NIBSS Unveil Platform for Data Access to Private Firms

Corporate Affairs Commission (CAC) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new Application Programming Interface (API) integration system to allow private firms access company data from the Commission’s database.
Hussaini Ishaq Magaji (SAN), registrar general of CAC, who spoke in Abuja at the unveiling said the system would give selected private organizations access to CAC services through technology-based companies, called “super agents.”
“This is a practical step to show that the Commission is committed to meeting the expectations of our customers,” he said.
Magaji explained that the integration allows the agents to retrieve data from the CAC database for use in specific client requests, outside the standard services provided by the Commission.
“Before now, only a few government agencies had this integration, especially those involved in investigations, anti-money laundering, and terrorism financing. Now, private companies that meet the criteria can also access it,” he said.
He said the system complies with the Nigerian Data Protection Act 2023, and information such as residential addresses, phone numbers, and dates of birth may be restricted.
“This is a call to law firms and companies with the right technology. We’ve started with NIPS because of their credibility. Embassies and banks can now authenticate company records directly through them.”
“There are prescribed fees. We already collect them on our portal, and now customers can also pay through these agents,” he explained.
He named NIPS, MoneyPoint, and OPE as some of the companies involved.
“OPE and MoneyPoint handle only registrations. But NIPS has moved further into validation and verification,” he said.
Ngover Ihyembe-Nwankwo, executive director at NIBSS, who represented Premier Oiwoh, managing director, said the service allows secure and efficient data verification.
“This is the result of years of effort to connect our systems with CAC. It will help users verify data within the limits of data protection laws,” she said.
She said the move is a way to lower costs and promote interoperability across the financial sector.
- E-Financial2 days ago
NGX Clears Fidelity Bank MD of Insider Trading Allegations
- News2 days ago
Toll Collection on Lagos-Calabar Highway Begins December
- Telecom6 hours ago
NCC Orders Telcos to Compensate Subscribers for Outages More than 24 Hours
- Telecom6 hours ago
Telecom Subscribers Decline By 43m in One Year
- E-Financial6 hours ago
SERAP Drags CBN to Court over Alleged Failure to Disclose LG Allocations
- E-Business6 hours ago
Nigeria Launches Cybercrime Team with Commonwealth, UK Support
- General News6 hours ago
HEDA Sues FG, Oil Giants over Alleged Unlawful Oil Licence Transfer
- Telecom6 hours ago
IHS Nigeria, NSCDC Partner to Protect Telecoms Infrastructure