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E-Business

FireEye Releases General Network Threat Prevention Platform with IPS

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FireEye said its network threat prevention platform with Intrusion prevention systems (IPS) will be available to customers worldwide starting June 2, 2014.

The product is available as an add-on license to the FireEye Network Threat Prevention Platform (NX series) appliances, giving customers a holistic view of multi-vector attacks that goes well beyond what conventional intrusion prevention system (IPS) tools offer.

The Network Threat Prevention Platform with IPS uses FireEye’s patented Multi-Vector Virtual Execution (MVX) engine technology to better protect systems from known and unknown threats while reining in false-positives.

With this new addition, security teams now get compliance and true security in a single box.

Network Threat Prevention Platform with IPS has been in beta for the past several months, including with Federica Mogherini, Italian Ministry of Foreign Affairs, who had this to say about the new platform add-on:

“We have chosen the FireEye Network Threat Prevention Platform with IPS because it is a solution that allows us to combine advanced threat protection with compliance-driven security needs. We will be able to provide our security team greater visibility into network threats and more effective data to act on by significantly reducing false-positives and -negatives.”

FireEye said it also heard two interesting anecdotes from other beta customers illustrating how the combination of the FireEye MVX engine with IPS greatly reduces the overhead on security:

A large university experienced 732 events per day which we were able to validate and confirm down to 32 being true positives.

One large health care provider experienced 1,400 events per day that we then pared down to just 40 as being true positives.

How does Network Threat Prevention Platform with IPS work? When network traffic triggers a signature-based alert, the MVX engine evaluates the traffic in a “real world” environment to confirm whether the threat is real, greatly improving the signal-to-noise ratio.

In addition to passing a true alert directly to the alert management system, as traditional IPS does, the MVX engine inspects the corresponding network traffic within instrumented, virtual-machine environments.

The MVX engine evaluates activity across the multiple avenues used in advanced attacks.

That analysis is integrated with host-based detection and other components of the broader FireEye platform, according to entry posted in FireEye’s Business of Security, Security Perspective, Technology and tagged advanced threat detection, compliance, FireEye by Srinivas Loke.

 


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E-Business

FG Partners UK to Combat Cross-border Cyber-crime

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The federal government and the United Kingdom signed an agreement Tuesday to combat the growing threat of cyber-crime. The Memorandum of Understanding was signed following a courtesy visit by David George Hanson, minister of the home office, UK, to the Nigeria Police Force headquarters, Louis Edet House in Abuja.

Transnational crime is a big problem for both the UK and Nigeria, so the governments intend to strengthen existing collaboration efforts to crack down on cyber-criminals and protect their industries from unlawful activities.

Offences such as online fraud, identity theft, digital extortion, and ransomware , operate across many jurisdictions, and frequently necessitate sophisticated cooperation efforts, according to the two governments during a press conference.

Furthermore, Lateef Fagbemi, Nigeria’s attorney-general and minister of justice, established the Joint Case Team on Cybercrime, which aims to address the need for a coordinated and robust approach to combating cybercrime, as stated in the Cybercrimes Act of 2015, which criminalises cyber-related offences.

Hanson underlined the importance of ongoing cooperation efforts to combat international crime in a number of areas, affecting vulnerable individuals.

He said: “We need to look again at how we can build cooperation between the Federal Government, the federal police, and our police forces and National Crime Agency to take action against these international criminals, who are exploiting vulnerable people in a whole range of areas. The National Crime Agency, the Home Office Fraud Department, and the High Commission need to make sure we make a big impact on this transnational crime.”

“The collaboration between the Nigerian Police Force and National Crime Agency continues to serve as a model in international law enforcement cooperation. We have successfully conducted joint operations into many cases of cybercrimes and online fraud. With your [UK government] cooperation, we have continued to bust other criminal networks around the world,” added inspector-general of Nigerian Police Force, Kayode Adeolu Egbetokun.

 


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CAC to Prosecute Business Owners Operating Without Registration

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Corporate Affairs Commission (CAC) has reaffirmed its commitment to enforcing business registration laws in Nigeria, warning that individuals and organizations operating unregistered businesses will face prosecution.

In a statement, the CAC emphasized that conducting business without proper registration violates the Companies and Allied Matters Act (CAMA) 2020, undermining transparency and accountability in the corporate sector.

The commission stressed that registration is not only a legal requirement but also a gateway to formal business opportunities, including access to bank loans, government grants, and partnerships.

The enforcement drive will be nationwide, targeting small and medium-sized enterprises (SMEs), online vendors, and informal traders who have failed to comply despite previous awareness campaigns and registration amnesty windows.

The CAC disclosed that enforcement teams, in collaboration with security agencies, will be deployed to identify and prosecute defaulters.

The commission urged business owners to take advantage of its simplified registration platform to regularize their status, noting that compliance will boost investor confidence and improve Nigeria’s ease of doing business. It warned that ignorance of the law will not be accepted as an excuse.

Business owners are advised to act promptly to avoid legal consequences, as the CAC moves to ensure a more structured and regulated business environment in Nigeria.


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NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

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Nigerian Copyright Commission (NCC) has pledged to enforce its legal obligations to combat online intellectual property infringement and urged commercial music users to obtain proper licences from rights holders or their representatives.

NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

The Commission stated that this ensures creators are fairly compensated, supporting the music industry’s sustainable growth.

In a statement commemorating the 2025 World Intellectual Property Day, themed “IP and Music: Feel the Best of IP,” the NCC announced plans to enforce the Copyright Act 2022, which allows for the takedown of infringing materials and blocking of websites hosting illegal content.

Signed by Mrs Ijeoma Egbunike, director of Public Affairs, the statement outlined an aggressive anti-piracy campaign in collaboration with the private sector, targeting the online environment.

Egbunike affirmed the NCC’s commitment to establishing enforceable standards for transparency, digital audits, and real-time royalty reporting to protect creators’ rights. She stated, “The NCC will continue to champion policies that support the growth of the music industry, improve the livelihoods of Nigerian musicians, and foster a culture of creativity and respect for intellectual property.”

Despite the global success of Afrobeats and other Nigerian genres, the NCC noted that many musicians face low royalty returns due to rampant digital piracy.

To address this, the Commission revised its Collective Management Regulations to enhance transparency and accountability among Collective Management Organisations (CMOs).

The NCC emphasised that proper licensing is a legal obligation and vital for Nigeria’s creative economy, stating, “Music must feel the beat of intellectual property for the full potential of creativity to be realised.”

The Commission highlighted that creators’ livelihoods depend on fair royalty compensation.

Recent enforcement measures include the NCC’s designation by the Attorney-General of the Federation as an authority under the Proceeds of Crime (Recovery and Management) Act 2022.

This, combined with the Copyright Act 2022, empowers the NCC to order takedowns and block illegal music distribution websites.


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