E-Business
How Cybersecurity Landscape Evolved for 2023 in the AI Era

Kaspersky’s experts reveal the profound influence of AI on the 2023 cybersecurity landscape in their latest report. Adopting a multifaceted approach, the analysis explores the implications of AI, focusing on its use by defenders and regulators, and separately assessing its potential exploitation by cybercriminals.
This comprehensive examination forms part of Kaspersky Security Bulletin (KSB), a yearly compilation of predictions and in-depth reports illuminating key shifts in the dynamic field of cybersecurity.
Amid the rapid pace of technological progress and societal shifts, the term “AI” has firmly positioned itself at the forefront of global conversations. With the increasing spread of large language models (LLMs), the surge in security and privacy concerns directly links AI with the cybersecurity world.
Kaspersky researchers illustrate how AI tools have helped cybercriminals in their malicious activity in 2023, while also showcasing the potential defensive applications of this technology. The company’s experts also reveal the evolving landscape of AI-related threats in the future that might include:
More complex vulnerabilities
As instruction-following LLMs are integrated into more consumer-facing products, new complex vulnerabilities will emerge on the intersection of probabilistic generative AI and traditional deterministic technologies, expanding the attack surface for cybersecurity professionals to secure. This will require developers to study new security measures like user approval for actions initiated by LLM agents.
A comprehensive AI assistant to cybersecurity specialists
Red teamers and researchers leverage generative AI for innovative cybersecurity tools, potentially leading to an assistant using LLM or machine learning (ML). This tool could automate red teaming tasks, offering guidance based on executed commands in a pentesting environment.
Neural networks will be increasingly used to generate visuals for scams
In the coming year, scammers may amplify their tactics using neural networks, leveraging AI tools to create more convincing fraudulent content. With the ability to effortlessly generate convincing images and videos, malicious actors pose an increased risk of escalating cyber threats related to fraud and scams.
AI will not become a driver for groundbreaking change in the threat landscape in 2024
Despite the above trends, Kaspersky experts remain skeptical about AI changing the threat landscape significantly any time soon. While cybercriminals do adopt generative AI, the same is true about cyberdefenders, who will use the same or even more advanced tools to test enhance security of software and networks, making it unlikely to drastically alter the attack landscape.
More AI-related regulatory initiatives, with private sector’s contribution
As fast-growing technology develops, it has become a matter of policy making and regulation. The number of AI-related regulatory initiatives is set to rise. Non-state actors, such as tech companies, given their expertise in developing and utilising AI, can provide invaluable insights for discussions on AI regulation on both global and national platforms.
Watermark for AI-generated content
More regulations, as well as service provider policies will be required to flag or identify synthetic content, with the latter continuing to invest in detection technologies. Developers and researchers, on their part, will contribute to methods of watermarking synthetic media for easier identification and provenance.
“AI in cybersecurity is a double-edged sword. Its adaptive capabilities fortify our defenses, offering a proactive shield against evolving threats. However, the same dynamism poses risks, as attackers leverage AI to craft more sophisticated assaults. Striking the right balance, ensuring responsible use without oversharing sensitive data, is paramount in securing our digital frontiers,” comments Vladislav Tushkanov, security expert at Kaspersky.
E-Business
NITDA, CISCO Empower Youth with Digital Skills

Fifty selected young unemployed Nigerians have completed a four-week intensive digital skills bootcamp under the Digital Literacy for All (DL4ALL) initiative, gaining practical training in Data Science, Artificial Intelligence (AI), and IT Essentials.
The programme, a collaborative effort between the National Information Technology Development Agency (NITDA) and Cisco, was hosted at NITDA’s South West Zonal Office in Victoria Island, Lagos.
Speaking on behalf of the Director General of NITDA, Kashifu Inuwa , the Head of the South West Zonal Office, Mrs. Chioma Okee-Agugwo, described the initiative as a vital component of Nigeria’s digital future. “This is not just a closing ceremony. It is the launchpad for new journeys—anchored in digital knowledge and powered by innovation,” she remarked.
According to the Director General, the initiative is rooted in NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0) and reflects key focus areas including Digital Literacy, Emerging Technologies, and Youth Empowerment. It also aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to accelerate economic diversification through digitisation, innovation, and skills development.
Inuwa noted that the DL4ALL initiative forms part of Nigeria’s broader commitment to digital inclusion—ensuring that no one is left behind in the evolving digital economy. It also supports the ambitious goal of achieving 70% digital literacy by 2027, championed by the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. This national vision aims to equip millions of Nigerians with the skills required to thrive in a tech-driven world.
He further emphasized the importance of empowering youth with globally relevant skills. “They are no longer just consumers of technology. They are creators, innovators, and future employers,” he said.
The NITDA boss explained that throughout the bootcamp, participants engaged in hands-on learning experiences designed to build both technical proficiency and digital leadership capabilities.
“This is only the beginning,” he stated. “Through our zonal strategy, we are bringing innovation closer to local communities. This is how we democratise access and unlock Nigeria’s full digital potential.”
Inuwa expressed appreciation to Cisco for delivering high-impact training and called on stakeholders to continue investing in partnerships, people, and platforms that drive digital inclusion.
He asserted that the newly certified participants are now equipped to contribute meaningfully to Nigeria’s digital economy—armed with the skills to build solutions, secure infrastructure, and launch tech ventures that solve real-world problems.
At the end of the bootcamp, participants demonstrated their knowledge through impressive presentations that showcased the integration of skills acquired across Data Science, AI, and IT Essentials. Many spoke passionately about how the programme had expanded their technical competence and sparked a drive to create job opportunities—not only for themselves but also for others—as entrepreneurs and digital solution providers in their communities.
E-Business
Cyberattack Could Cost it Up to $400m – Coinbase

Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.
The company received an anonymous email on May 11, claiming to have information about certain customer accounts as well as internal documents.
While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.
Still, it will reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information.
The company has fired those involved, it said.
Separately, the New York Times reported that the US Securities and Exchange Commission (SEC) was investigating whether the company had misstated its user numbers.
Coinbase shares extended losses after the report and were last down 6.5%.
“This is a hold-over investigation from the prior administration about a metric we stopped reporting two-and-a-half years ago, which was fully disclosed to the public,” said Paul Grewal, Coinbase’s chief legal officer.
“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”
The SEC declined to comment.
The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.
Security remains a challenge for the crypto industry despite its growing mainstream acceptance.
In February, Bybit disclosed a hack in which about $1.5bn worth of digital tokens were stolen — widely described the biggest crypto heist ever.
“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, an analyst at US Tiger Securities.
Funds stolen by hacking crypto platforms amounted to $2.2bn in 2024, according to a report from Chainalysis, a US-based blockchain analysis firm.
“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.
Coinbase has refused to pay a ransom of $20m demanded by the attackers and is working with law enforcement agencies. Instead it has established a $20m reward for information on the hackers.
The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.
E-Business
Q1 2025 .ng Domain Name Statistics Reflect Nigeria’s Advancing Digital Landscape

The Nigeria Internet Registration Association (NiRA) presents its report on .ng domain name registration and renewal statistics for the first quarter of 2025, highlighting the continued expansion of Nigeria’s digital footprint. The data underscores a consistent and significant adoption of the nation’s Country Code Top-Level Domain (ccTLD), reinforcing its pivotal role in the burgeoning Nigerian digital economy.
During the period spanning January to March 2025, a total of 40,791 .ng domain names were recorded. This figure comprises 22,236 new registrations and 18,555 renewals, indicating a healthy balance between the acquisition of new digital identities and the sustained commitment of existing domain name holders to their online presence.
Analysis of the registration trends within the quarter reveals a notable upward trajectory, with a 13.92% increase in domain name registrations observed between February and March 2025.
This growth signifies an increasing recognition of the importance of a localized online identity by a diverse range of stakeholders, including individuals, startups, Small and Medium-sized Enterprises (SMEs), and larger organizations.
Notably, the .com.ng extension continues to be the dominant choice, accounting for over 60% of both new registrations and renewals. This reaffirms its status as the preferred domain name extension for Nigerian businesses seeking to establish a credible and locally relevant online brand presence while maintaining global accessibility. The sustained popularity of .com.ng underscores its perceived value among Nigerian entrepreneurs and enterprises seeking to secure their digital real estate.
This upward trajectory isn’t happening by chance. The Nigeria Internet Registration Association (NiRA) has remained intentional in its drive for digital inclusion and domain adoption. Through public education, training via the .ng Academy, outreach campaigns, and partnerships with stakeholders across the tech ecosystem, NiRA has consistently advocated for the importance of owning a local domain. The current standing of .ng as the second most registered ccTLD in Africa reflects the efficacy of these efforts.
Digital adoption in Nigeria is no longer just about being online—it’s about owning your digital identity. And with a .ng domain, Nigerians are better positioned to assert that identity, connect with local and international audiences, and gain better control over their digital footprints.
As we look toward the rest of 2025, the Q1 results serve as a strong signal: more people are embracing the digital future, and the .ng domain is increasingly becoming their first step.
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