E-Business
Cyberoam 2014 IT Security Predictions Cite Hyper Attacks Underway

Cyberoam Technologies Private Limited, a global Network Security appliances company with a careful analysis of security and IT trends in the most recent past and a strong foresight that comes from years of industry experience and intelligent extrapolation of the past and the present, on Friday released it security predictions for 2014.
Cyberoam offers future-ready security solutions to physical and virtual networks in organizations with its Next-Generation Firewalls (NGFWs) and Unified Threat Management (UTM) appliances.
Thus, in its intelligent analyses of IT security in the new year came up with the following ten (10) predictions.
“Client-Side Software Exploits” – It Will Be!
Cyberoam Threat Research Labs foresees an increase in Client-side software exploits compared to the Server-side in next few years.
2013 has seen numerous such exploits where base client software like Microsoft and Adobe were exploited to spread the attack vectors across the network.
The recent Microsoft advisories indicating client side exploits also support this prediction. Reasons for this hike include increased scope of exploitation with increase in attack vectors, higher base of users who use these softwares, and lastly, the money involved in it.
The exploit kits used to exploit server side vulnerabilities cost much less than client side exploit kits, indicating the premium the latter demand. Realizing that client side exploits will bring in more money, the focus on exploiting client-side vulnerabilities will increase too!
Attack Vectors To Get More Intelligent
Attacks in 2013 have left us with one clear picture – the rising sophistication and professionalism among attackers. In times to come, Cyberoam predicts attacks, wherein the attackers will get more specific, both in terms of their objective and attack strategies.
Gone are the days when attacks were meant for the masses. Attackers now know whom and how they would attack and they are changing their attack strategies to hit straight on the bull’s-eye rather than shooting in the dark.
In addition to this, few attacks from 2013 indicate the evolution of attacks including proven components from already-used attacks, combined to form more detrimental attacks.
Attacks On Industrial Control Systems & Scada Systems To Continue
The amplified impact that an attack on Industrial Control Systems (ICS) can cause, justifies the interest attackers have on such systems. ICS/SCADA system attacks can cause catastrophic damage not only to a single unit but at times to an entire country/province.
It is the spread of impact compounded with lack of adequate security available in such systems that have made ICS/SCADA networks a lucrative target for attackers. As per statistics, there were 198 cyber attacks in 2012 and the numbers increased to 240 in 2013. Cyberoam predicts further rise in such attacks on ICS/SCADA networks in 2014 and beyond.
New Exploit Kits Will Be Explored And Used
Use of Blackhole exploit kit for attacks is a known fact. It is no secret that it was used extensively for attacks in the past. But with the arrest of ‘Paunch’ in 2013, the man behind the Blackhole exploit kit, new exploit kits are slowly showing up. In addition to this, as attacks utilising Blackhole exploit kit have been exposed, it emerges as a need among attackers to come up with new ways to target their victims.
Also, with recent trends showing rise in exploits based on client side vulnerabilities, Cyberoam predicts that this menace is only going to aggravate.
Increase In Need For Context-Aware Security
With increase in number of security features or solutions in an organization’s network to tackle emerging security risks, the job of security professionals is getting more complex. With rising number of devices, users and applications to monitor, this becomes even more difficult. The volume of data that the security appliance(s) offer on various parameters is becoming a problem for network administrators, presenting a need for context-aware security that enables faster decision making and action with the security intelligence it offers.
Cyberoam predicts an increase in demand for context-aware security for 2014. The rising need in context-aware security goes in continuation with Cyberoam’s prediction in 2013 regarding the rise in need for User Threat Quotient & Device Threat Quotient.
Security of Hybrid Cloud
In a generation of increased mobility where tablets and smart devices are displacing desktops and paper-based processes, more users are turning to Cloud, specifically the Hybrid Cloud, as it offers more efficiency , business optimization, access to real-time data and always-on availability.
However , the ability of Hybrid clouds to burst into the public cloud space when necessary is bringing up security concerns.
Although this capability is particularly useful to organisations, it may be a call for danger and users and security vendors are realizing this. Cyberoam predicts an increase in demand for security in Hybrid Cloud environments.
Browser-Based Attacks Are Still Hot!
In a bait to achieve sure-shot infection and victimize users, use of browser-based attacks like Water hole will further rise. This will include a rise in exploitation of browser vulnerabilities and also use of malicious websites. Attackers will continue to target users by directing them to trusted and commonly visited URLs which would be infected with malicious codes.
Water hole mechanism includes cyber offenders infecting websites that are frequently visited by their targets. In 2013, many have already agreed on the rise seen in watering holes. In fact a lot of hackers that were using spear phishing attacks to target users have also started using watering holes.
Mobiles Still Remain A Darling Of Malware Attackers And Exploits
Increasing base of smartphone users is a primary reason for attackers to find interest in attacking those devices. In addition to this, users use their personal devices to access work emails and connect to company networks, which aggravates this interest further.
Applications are the backbones of smart phones and most of the mobile apps lack adequate security, adding to the misery of security on mobile devices.
All of these factors collate to increase the interest attackers have in smart devices. 2014 is sure to experience newer and sharper mobile threats
“Internet of Things” Adds Security Risks For Home Devices
IOT- ‘Internet of Things’ is something we all are waking up to, these days. Everything seems to be on the Internet! Right from our work to social lives, and storage needs, Internet has also opened its doors to home devices now! As more and more home devices get connected to the Internet, it is obvious that attackers will soon find their way through them too.
Cyberoam predicts a rise in need for security solutions for home devices, besides your office devices. Because one thing is evident – the level of risk and quantum of vulnerability is similar, irrespective of whether the device resides in your home or in your office network.
Windows Users At Risk As Windows XP Comes To End-Of-Life
As Microsoft decides to stop supporting Windows XP after 8th April 2014, users will need to upgrade to newer Windows versions, and so will the attackers shift their focus to these versions.
Moreover, users who still continue to use Windows XP, will not have their vulnerabilities patched, leaving them open to exploits.
E-Business
OpenAI Eyes Chrome Acquisition if Google is Forced to Sell

Nick Turley, OpenAI’s Head of Product, testified in Washington that the company would be interested in acquiring Google’s Chrome browser if antitrust enforcers succeed in forcing Alphabet to sell the popular web browser.
This testimony was part of a high-profile trial in which the US Department of Justice is pushing to break up Google’s monopoly in the online search and advertising markets, Reuters reported on Tuesday.
The DOJ’s case centres on Google’s dominance in online search, which it argues unfairly stifles competition. A key aspect of the DOJ’s proposed remedies includes requiring Google to divest assets, including its Chrome browser, to restore a more competitive search environment.
According to the report, Turley’s statement provided insight into OpenAI’s competitive positioning within the generative AI space.
He noted that Google’s refusal to partner with OpenAI for access to its search technology within ChatGPT had pushed the company to explore alternative partnerships, particularly with Microsoft’s Bing.
Turley had previously written that ChatGPT leads the consumer chatbot market and did not consider Google its biggest competitor, according to an internal OpenAI document presented by Google’s lawyers during the trial.
He clarified that the document was meant to inspire OpenAI employees and emphasised that the company would still benefit from distribution partnerships, Reuters reported.
Earlier in the day, Turley testified that Google rejected OpenAI’s bid to use its search technology within ChatGPT.
OpenAI had reached out to Google after experiencing issues with its own search provider, Turley said, though he did not identify the provider. ChatGPT currently uses Microsoft’s Bing for search.
“We believe having multiple partners, and in particular Google’s API, would enable us to provide a better product to users,” OpenAI had told Google in an email shown at the trial.
OpenAI first reached out in July, but Google declined the request in August, citing concerns about competition. “We have no partnership with Google today,” Turley said.
The trial also highlighted Google’s internal strategy, including efforts to secure exclusive search agreements with major Android device manufacturers like Samsung.
According to Turley, such exclusivity could hinder the development of competing AI technologies, like ChatGPT, which depend on a range of search and data sources.
E-Business
Digital Consumers are Driving a New Era of Online Shopping, Transforming how Nigerian Youth Buy

The digital revolution is hitting Nigeria’s retail scene fast, and it’s being powered by the country’s youth. Armed with smartphones and a demand for affordability, they’re shaping the e-commerce industry where convenience reigns supreme.
Nigeria’s internet users, reaching more than half its population, creates a strong foundation for e-commerce growth. This growth is significantly fueled by the nation’s youth, a substantial 160 million (70% of the population), whose tech-forward nature drives the popularity of platforms like Temu, satisfying their demand for accessible and budget-friendly online retail.
This generation has flipped the retail script. Value is their compass, price comparisons their weapon, social media their guide, and convenience their non-negotiable. This isn’t just shopping; it’s a calculated pursuit of savvy options, the widest selection, and the best value-for-money deals.
The power of finding a good deal is undeniable, especially for these shoppers watching their wallets. Social media is a testament to this, filled with posts celebrating the newfound ability to purchase items once considered luxuries.
Take Anwulika Udanoh (@Anwulika Udanoh on Facebook), for example. Her recent post, detailing her shopping experience on Temu, is a perfect snapshot of this online shopping revolution. She stumbled upon affordable jewelry on the platform, swayed by glowing reviews, and took a chance. What followed was a delightful surprise: customised earrings bearing her name, a feat once thought impossible.
Even her son’s friend jumped on the personalisation trend with custom pendants. ‘Their prices will shock you,’ she wrote, with genuine excitement. And despite any concerns about longevity, the sheer joy of affordable, personalised style at good quality won her over. That’s the power of this shift.
This goes beyond mere bargain hunting; it’s about empowerment. It’s about unlocking the ability to express your unique style without sacrificing your financial stability. It’s about finding those small sparks of joy, like personalised jewelry that feels uniquely yours. For many, these platforms are a portal to a more colourful and individually tailored life.
Then there’s the spirit of adventure, captured in a simple tweet by Steph (@steph on X): ‘ordered a couple of desk items, wish me luck.’ It’s the essence of a generation eager to discover new ways to elevate their everyday life.
Launched in the country in November 2024, Temu offers a diverse selection that aligns with the dynamic needs of young Nigerians. The direct-from-factory online marketplace is known for cutting out layers of middlemen and their associated markups and costs, passing on savings to consumers. Serving more than 90 markets globally, Temu has become one of the most visited e-commerce sites worldwide and a top Apple-recommended app of 2024.
Let’s be real: budgets matter. In a country where every naira is carefully considered, competitive pricing and accessible payment methods, aided by partnerships like Temu and Verve, empower Nigerian shoppers with greater choice and freedom to embrace trends while making the budget go beyond. It’s like opening up a world of possibilities.
Adding to the appeal is a user experience designed for the mobile age. With 193.9 million cellular connections, smartphones are the gateway to this digital world, and intuitive platforms allow for seamless browsing and purchasing on the go, perfectly aligning with the dynamic rhythms of young Nigerian life.
This mobile-first approach is further amplified by the power of social proof. In a nation of 31.60 million social media users, reviews and recommendations carry significant weight, transforming satisfied shoppers into passionate brand advocates.
A growing digital environment, particularly in urban areas, presents a rich opportunity for platforms that resonate with the aspirations of young people. They seek more than just products; they want to build online communities, create digital identities, and shape their lifestyles.
Real stories like those of Anwulika and Steph show that Temu isn’t just a place to shop, but a platform that’s unlocking joy, creativity, and financial freedom for Nigeria’s youth. Whether it’s personalised jewellery, playful desk accessories or everyday essentials, Temu is turning everyday purchases into moments of empowerment — proving that with the right platform, anything is possible.
E-Business
Gold Hits Record High Amid U.S. Dollar Weakness and Trade Tensions

Gold prices surged to a fresh record high on Monday, April 21, while the dollar weakened and global stock markets presented a mixed picture, as concerns mounted over former President Donald Trump’s escalating tariff strategy and his ongoing confrontation with the Federal Reserve.
Amid subdued activity due to continued Easter holiday closures in several markets, investors focused on the potential fallout from Trump’s latest trade moves and looked ahead to key economic data releases later this week that may shed light on the broader impact of the evolving U.S.-led trade war.
The administration’s tariff campaign has triggered swift responses from major economies. While some, like Japan, are reportedly seeking accommodations to ease Washington’s trade levies, China issued a sharp warning to governments not to negotiate at the expense of its interests. A spokesperson for China’s commerce ministry said Monday that appeasement and compromise would fail to win peace or respect, calling on nations to avoid sacrificing broader interests for temporary gains.
Beijing’s tone contrasted with Trump’s comments last Thursday in which he signaled ongoing discussions with China, expressing optimism about reaching a deal. However, tensions remain high, with China facing tariffs of up to 145 percent on some goods, and retaliating with duties of 125 percent on U.S. exports.
The growing uncertainty over the global economic outlook has driven investors toward safe haven assets. Gold climbed above $3,384 per ounce, buoyed both by the geopolitical instability and a weakening U.S. dollar. The dollar’s decline has been exacerbated by concerns over Trump’s comments directed at Federal Reserve Chair Jerome Powell, who warned that the tariffs could lead to a temporary rise in inflation and downplayed prospects for interest rate cuts.
Trump criticized Powell for his remarks and hinted at the possibility of removing him from office, stating: “If I want him out, he’ll be out of there real fast, believe me.” Powell has maintained that he will not step down and emphasized the legal foundation of the central bank’s independence.
The dollar fell against major currencies, with the yen and euro gaining strength. France’s finance minister Eric Lombard said Trump’s tariff policies had already damaged the credibility of the U.S. currency and warned that undermining the Federal Reserve would further shake investor confidence. Chicago Fed President Austan Goolsbee underscored the importance of central bank independence, calling it a near-universal principle among economists.
Asian stock markets reflected the uncertainty, with Tokyo’s Nikkei falling 1.2 percent, while gains were seen in Shanghai, Seoul, Singapore, Manila, and Jakarta. Oil prices declined amid renewed fears over global demand, with West Texas Intermediate and Brent crude both dropping 1.7 percent.
Investors are now watching closely for April manufacturing data from key economies, which are expected to provide early signals about the tangible effects of the tariffs. Analysts warn that U.S. fiscal and monetary policy are increasingly being viewed as volatile geopolitical forces rather than stable economic anchors. Stephen Innes of SPI Asset Management said the reputational damage to the U.S. economic brand is becoming entrenched, with global markets and allies adjusting expectations accordingly.
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