E-Business
Hackers Attacked Businesses 22m Times In Last 7 Days Globally
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2020/02/cyber-attack-image-2.jpg)
According to data compiled and analyzed by Atlas VPN, hackers attacked businesses more than 22 million times during the last week worldwide. Over 63% of these hacking attempts were malware attacks.
Malware is a type of software that tends to either steal users’ files or encrypt them and render them useless until a password is entered that will decrypt the data. Hackers demand a ransom in order for you to retrieve the password, hence the commonly used name ransomware.
Attacks monitored also include phishing and Command & Control (C&C) attacks.
Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords, and credit card details by pretending to be a trusted figure, such as a bank employee or even your colleague.
A Command & Control (C&C) attack is when hackers attempt to take over control of a system and then steal or delete data. C&C attacks can also be used as a part of a phishing scam or a way to infect the network with malware.
Atlas VPN has extracted and organized the data acquired from a cybersecurity giant Akamai, that provides real-time data on cyberattacks that their corporate customers are under. They catch a significant amount of attacks globally since they are one of the largest distributed computing platforms in the world. They are responsible for serving between 15%-30% of web traffic globally.
On average, there were 3.26 million cyberattacks daily throughout last week. From the chart, we can see that hackers carried most cyberattacks on April 15, with a total of over 3.6 million intrusion attempts. Interestingly, most of these cyberattacks were malware attacks.
The reason being, it is usually the easiest way to infiltrate companies’ networks and to steal or freeze data and to demand a ransom. On average, there were 2,070,297 malware attacks per day during last week. Malware attacks comprised 63% of the total attacks.
In comparison, phishing attacks and C&C attacks comprised 11% and 26% of total attacks, respectively.
It seems that even some hackers took the last Saturday (April 18) off, since there were -12% fewer attacks than the average day.
Compared to the previous week, (April 6-12) where the total volume of attacks was 23,807,517, this week hackers attacked enterprises around 1 million times less.
During the last 30 days, cybercriminals tried to infiltrate corporate networks nearly 100 million times.
Hackers attacked businesses using malware over 57 million times. This comprises almost 58% of the total cyber attacks.
Moreover, C&C attacks were the second most common type used by hackers with over 27 million attacks in the last 30 days. In other words, C&C amounts to over 27% of all attacks on enterprises.
Finally, phishing scams are the least common type of attacks used by hackers, with a total of over 15 million attacks in the same time-frame. This accounts for over 15% of the total volume of attacks.
It seems that hackers do not have a preference for the day of the week or the time of the month for cyberattacks.
The smallest number of total attacks happened on March 23 (Monday) and April 18 (Saturday).
In contrast, the most active days were April 5 (Sunday) and April 6 (Monday). In these two days alone, cybercriminals tried to infiltrate corporate networks 8,821,850 times.
As mentioned in the methodology, Akamai services around 15-30% of web traffic worldwide. Meaning, at most, they are able to detect less than one-third of the total attacks.
Taking this into account, a conservative estimate of the total volume of hacker attacks on business per month could reach a staggering 300,000,000, yes 300 million.
If we would lean towards the fact that Akamai only catches 15% of cyber-attacks globally, then the number of actual attacks happening per month could reach as much as 600 million.
By these estimations, hackers could be attacking corporations 20 million times per day globally.
This is a rough estimate; however, the numbers do not seem so extreme considering the fact that at least 7.9 billion records, including credit card numbers and other highly sensitive information, have been exposed through hacker attacks in 2019.
In 2020, due to the increased internet usage and more people working from home due to the coronavirus pandemic, this could be a record year for both hacker attacks and the number of records breached.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg)
Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Open-AI.jpg)
Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
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