E-Business
Cyberoam Bridges Office Security Offering with Wireless CR10wiNG Appliances

Cyberoam, a leading global provider of network security appliances, has launched CR10wiNG, the “fastest and most affordable UTM appliance” with built-in Wi-Fi capabilities for the SOHO/ROBO markets.
The CR10wiNG wireless appliance supports 802.11 n/b/g standards and up to eight virtual access points.
It delivers UTM security features over WLAN to offer enterprise-level security and meet the requirement of mobility in this segment.
Cyberoam CR10wiNG offers high performance with firewall throughput of 400Mbps and UTM throughput of 60Mbps.
The wireless networks in organizations face huge risk of information theft due to their inability to trace users, especially guest users, within the network.
Additionally, lack of IT security staff and budgetary constraints make it difficult for the SOHO/ROBO segment to find security solutions that are adequate, cost-effective and easy to manage.
Also, organizations with distributed networks, remote and branch offices, especially in sectors like retail stores, logistics and transportation, and Utility distribution centers, demand mobility within the network and need network security, secure remote access, and secure Wi-Fi for walk-in customers.
CR10wiNG, based on Cyberoam’s patented Layer 8 technology, allows administrators to apply User identity-based security policies to gain visibility over user activity and also manage Guest Internet access in the network.
CR10wiNG supports multiple virtual access points that create independent, segregated networks in the same physical area for separate teams like sales, marketing, guest users, and more.
This offers secure authentication and prevents rogue clients from connecting to networks where they don’t belong.
“CR10wiNG is designed for small and branch offices to offer secure Wi-Fi at par with wired security. It enables a leaner Wi-Fi security infrastructure to organizations by replacing both Wi-Fi router and firewall with a single appliance. For remote offices with limited connectivity options, CR10wiNG also offers 3G/4G USB support,” said Abhilash Sonwane, senior vice president- Technology & Products, Cyberoam.
Cyberoam CR10wiNG is built on the same CyberoamOS that powers other high-end NG series UTM appliances.
It is centrally manageable via Cyberoam Central Console (CCC) and Cyberoam’s on-Cloud Management Service and is compatible with iView – Cyberoam’s Open Source logging and reporting solution.
Cyberoam Technologies, a Sophos Company, is a global Network Security appliances provider, offering future-ready security solutions to physical and virtual networks in organizations with its Next-Generation Firewalls (NGFWs) and Unified Threat Management (UTM) appliances.
The virtual and hardware Cyberoam Central Console appliances offer Centralized Security Management options to organizations, while Cyberoam iView allows intelligent logging and reporting with one-of-their-kind, in-depth reports.
Cyberoam is accredited with prestigious global standards and certifications like EAL4+, CheckMark UTM Level 5 Certification, ICSA Labs, IPv6 Gold logo, and is a member of the Virtual Private Network Consortium.
E-Business
African Startups Raised $345m in Funding in May

African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business intelligence firm.
The report disclosed that both the number of deals and participating companies declined, confirming a growing trend of fewer companies raising funds in larger sizes.
It said fintech attracted the highest share of funding in May, accounting for 34 percent of the total, while cleantech followed closely, driven by a debt deal from Sun King. The company raised $80 million (in local currency) to expand clean energy access in Nigeria.
“Equity remains the primary instrument in terms of total value. There’s no doubt about it; in fact, equity deals with disclosed amounts captured more than half of the total funding volume in May.
“However, debt financing is increasingly proving its weight. Although it accounted for only 8 percent of all deals, it represented 32 percent of the total funding, highlighting the typically larger size of debt transactions. With the rise of specialised vehicles targeting early-stage businesses, debt is becoming an increasingly important part of Africa’s innovation funding landscape,” it said.
Briter’s report added that grants continued to play a vital role in early-stage support, especially in the education technology (EdTech) sector. The Mastercard Foundation led the pack in grant activity, funding a new cohort of EdTech innovators in Nigeria and Kenya. Each selected startup is set to receive $100,000 in grant funding, in addition to mentorship and business development support.
Multilaterals also made a strong showing in May, it said. The Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, issued a $179.6 million guarantee to CleanTech firm KOKO Networks. The support will help scale its clean energy solutions across Kenya.
“This deal not only demonstrates growing international confidence in African climate ventures but also signals a promising pathway for other asset-intensive startups in clean cooking, agriculture, and renewable energy,” the report said.
From a geographic perspective, Egypt emerged as the continent’s fundraising powerhouse for the month, contributing 51 percent of all funding raised. The country recorded 12 deals across equity, debt, and bond instruments. Notably, FinTech platform MNT-Halan raised $50 million through a bond issuance, further illustrating the diversification of capital-raising mechanisms in the region.
Outside Egypt, funding was distributed across Africa’s three other key markets, which are Egypt, Nigeria, and Kenya, with limited activity recorded in countries such as Ghana, Tunisia, Morocco, and Uganda, each registering between one and three deals.
In terms of exits, the African tech landscape continues to mature. Three companies—Baobab+, Qardy, and Shopa—were acquired in May, bringing the total number of exits this year to 22. This already surpasses last year’s count for the same period. Qardy was acquired by Catalyst Partners Middle East (CPME) in a disclosed deal valued at $23 million, the report added.
E-Business
Human Hacking: When Cyber Criminals Target You

By Nancy Werteen
When you get anti-hacking advice, you’ve probably heard “Don’t use a simple password,” or “Don’t plug in that USB you found on the ground.”
But there’s one form of hacking that doesn’t always require a computer, and it costs businesses about 4.88 million dollars a year.
Modern hackers aren’t trying to get into your computer; they’re trying to get into you.
“They’ll try to learn about you a little bit, and they’ll try to use that information against you to try to get you to complete some action, maybe to send somebody some money,” said Kevin Moran, PhD, Assistant Professor of Computer Science, Cyber Security and Privacy Cluster, University of Central Florida.
IBM calls this human hacking, because it exploits human error instead of system error.
“With people just being busy and maybe not very carefully checking some of the emails or the phone calls that they get, can be something unfortunately that people can fall victim to,” said Moran.
Also known as social engineering, this often takes the form of phishing, where the hacker tries to “fish” the information out of you by impersonating family, friends, or even your bank.
There’s also baiting, where the hacker baits you with something of value. Remember the Nigerian prince scam?
That’s a famous example of baiting. There’s also pretexting, where the hacker will claim the victim has already been hacked, and that the hacker can fix it if you just send over your passwords. So, what can you do?
“Just as a rule of thumb, instead of clicking on links and emails, just go to the website yourself. And that will prevent, a lot of these types of attacks from happening,” explained Moran.
Phishing can take many forms.
Spear phishing targets people with access to confidential information, often to get access into an entire business, and whale phishing targets CEOs or political figures.
Search engine phishing is when hackers create fake websites promising services or goods you’ll never receive.
Angler phishing is when hackers create fake social media accounts impersonating famous people or companies.
Finally, vishing and smishing is phishing done through phone calls and texts respectively.
E-Business
FG Enrolls 59,786 Inmates on NIN Platform

Federal government has said that it has successfully captured 59,786 inmates, representing approximately 74 percent of the total prison population into the National Identity Number (NIN) database.
This figure is based on a total of 80,879 inmates across 256 custodial centres across the country.
Abubakar Umar, spokesman, Nigerian Correctional Service (NCoS), Deputy Controller of Corrections, who made this disclosure in a statement issued on Sunday in Abuja, dismissed recent media reports alleging that the NIN registration had yet to begin in custodial centres.
Umar described such report as misleading, inaccurate, and not representative of the current situation.
According to Umar, the NIN registration exercise within the correctional facilities was ongoing and has achieved substantial progress.
He credited the achievement to collaboration between the NCoS and the National Identity Management Commission (NIMC), which has enabled successful enrollment of majority of inmates into the national identity database.
According to him, “As of June 7, 2025, a total of 59,786 inmates, roughly 74 percent cent of the total inmate population have been captured on the NIMC platform,” Umar said.
“Efforts are ongoing to register the remaining inmates, and necessary mechanisms have been established to ensure the seamless completion of the process.”
He emphasised that the assertion that NIN registration has not started in custodial centres was factually incorrect and overlooks the extensive work already carried out.
The Service reaffirmed its commitment to integrating all inmates into national data systems, including NIN registration, as part of broader efforts to support rehabilitation, reintegration, and digital inclusion for individuals in custody.
Umar also urged media outlets to confirm their information with appropriate authorities before publication to prevent the spread of misinformation that could undermine the Service’s progress and public understanding.
- Telecom2 days ago
Telcos Hit by Major Outages across Lagos, Enugu, Others
- E-Business2 days ago
Human Hacking: When Cyber Criminals Target You
- News2 days ago
Beware!, Fraudsters Using our Name to Defraud Investors- NNPCL
- E-Financial2 days ago
AGF Drops Charges Against Fidelity Bank MD, Cites Lack of Direct Involvement
- E-Financial2 days ago
FIRS Launches Revised SOP to Streamline Tax Payment
- News2 days ago
FG Plans AgriConnect Initiative Pilot
- E-Financial2 days ago
Confidence in Nigerian Economy Grows as Forex Inflows Reach $5.96Bn
- News2 days ago
AAAN Congratulates Steve Babaeko, X3M Ideas on Financial Times Recognition