E-Business
HP Threat Research Shows Attackers Exploiting Zero-Day Vulnerability Before Enterprises Can Patch
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HP Inc. has released its latest global HP Wolf Security Threat Insights Report, providing analysis of real-world cybersecurity attacks. By isolating threats that have evaded detection tools and made it to user endpoints, HP Wolf Security has a unique insight into the latest techniques being used by cybercriminals.
The HP Wolf Security threat research team found evidence that cybercriminals are mobilizing quickly to weaponize new zero-day vulnerabilities.
Exploits of the zero-day CVE-2021-40444 – a remote code execution vulnerability that enables exploitation of the MSHTML browser engine using Microsoft Office documents – were first captured by HP on September 8, a week before the patch was issued on September 14.
By September 10 – just three days after the initial threat bulletin – the HP threat research team saw scripts designed to automate the creation of this exploit being shared on GitHub.
Unless patched, the exploit enables attackers to compromise endpoints with very little user interaction. It uses a malicious archive file, which deploys malware via an Office document.
Users don’t have to open the file or enable any macros, viewing it in File Explorer’s preview pane is enough to initiate the attack, which a user often will not know has happened. Once the device is compromised, attackers can install backdoors to systems, which could be sold on to ransomware groups.
Other notable threats isolated by the HP Wolf Security threat insight team include a rise in cybercriminals using legitimate Cloud and web providers to host malware, JavaScript malware slipping past detection tools, and targeted campaign found posing as the Ugandan National Social Security fund. The team also that switching to HTA files spreads malware in a single click.
“The average time for a business to apply, test and fully deploy patches with the proper checks is 97 days, giving cybercriminals an opportunity to exploit this ‘window of vulnerability’.
While only highly capable hackers could exploit this vulnerability at first, automated scripts have lowered the bar for entry, making this type of attack accessible to less knowledgeable and resourced threat actors.
This increases the risk to businesses substantially, as zero-day exploits are commoditized and made available to the mass market in venues like underground forums,” explains Alex Holland, Senior Malware Analyst, HP Wolf Security threat research team, HP Inc.
“Such novel exploits tend to be effective at evading detection tools because signatures may be imperfect and become obsolete quickly as the understanding of the scope of an exploit changes.
“We expect threat actors to adopt CVE-2021-40444 as part of their arsenals, and potentially even replace common exploits used to gain initial access to systems today, such as those exploiting Equation Editor.”
“We are also seeing major platforms like OneDrive allowing hackers to conduct ‘flash in the pan’ attacks.
While malware hosted on such platforms are generally taken down quickly, this does not deter attackers because they can often achieve their objective of delivering malware in the few hours the links are live,” Holland continues. “Some threat actors are changing the script or file type they are using every few months.
“Malicious JavaScript and HTA files are nothing new, but they are still landing in employee inboxes, putting the enterprise at risk. One campaign deployed Vengeance Justice Worm, which can spread to other systems and USB drives.”
The findings are based on data from the millions of endpoints running HP Wolf Security. HP Wolf Security tracks malware by opening risky tasks in isolated, micro Virtual Machines (micro VMs) to understand and capture the full infection chain, helping to mitigate threats that have slipped past other security tools.
This has let customers click on over 10 billion email attachments, web pages, and downloads with no reported breaches. By better understanding the behavior of malware in the wild, HP Wolf Security researchers and engineers can bolster endpoint security protection and overall system resilience.
“We can’t keep relying on detection alone. The threat landscape is too dynamic and, as we can see from the analysis of threats captured in our VMs, attackers are increasingly adept at evading detection,” comments Dr. Ian Pratt, Global Head of Security for Personal Systems, HP Inc.
“Organizations must take a layered approach to endpoint security, following zero trust principles to contain and isolate the most common attack vectors like email, browsers, and downloads. This will eliminate the attack surface for whole classes of threats, while giving organizations the breathing room needed to coordinate patch cycles securely without disrupting services.”
E-Business
South Korea Joins List of Countries Banning DeepSeek over Security Concerns
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South Korean authorities have temporarily blocked new downloads of the DeepSeek artificial intelligence (AI) app, citing concerns over the company’s handling of user data.
The country’s Personal Information Protection Commission (PIPC) announced the decision on Monday, saying that the Chinese AI startup had failed to fully comply with South Korea’s data protection laws.
According to PIPC, DeepSeek recently appointed legal representatives in South Korea and admitted to partially neglecting regulatory considerations regarding user privacy.
“The Chinese startup appointed legal representatives last week in South Korea and had acknowledged partially neglecting considerations of the country’s data protection law,” the PIPC said.
The commission added that the app’s service would resume once the company implements improvements in accordance with national privacy laws.
According to Reuters, when asked about South Korea’s move, a spokesperson for China’s foreign ministry said the Chinese government prioritises data privacy and security, ensuring compliance with legal standards.
The spokesperson also said China does not require companies or individuals to collect or store data in violation of laws.
The ban follows similar actions by other governments.
On February 4, Australia prohibited the use of DeepSeek on government devices due to security concerns.
Italy’s privacy regulator recently blocked the AI service, citing the company’s failure to address data policy issues.
Taiwan has also warned about potential risks related to cross-border data transmission and information leaks.
Also, regulators in Ireland and France have launched investigations into DeepSeek’s data-handling practices.
DeepSeek gained global adoption for its advanced human-like reasoning capabilities and open-source model.
In January, it surpassed OpenAI’s Chatgpt as the most downloaded free app on the Apple store.
E-Business
AU Endorses Nigeria as AfCFTA Digital Trade Champion
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The African Union (AU) has officially designated Nigeria as the Digital Trade Champion under the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol, citing the country’s leadership in digital enterprise and innovation.
The endorsement came at the 38th Ordinary Session of the Assembly of Heads of State and Government, which concluded on Sunday in Addis Ababa.
Nigeria’s proactive role in advancing the digital trade protocol, adopted in February 2024, was a key factor in the decision.
The AfCFTA Digital Trade Protocol encompasses eight annexes covering crucial areas such as rules of origin, digital identities, cross-border data transfers, online safety, and financial technology. The protocol is expected to provide a robust framework for Africa’s digital economy.
According to a statement issued on Monday by Special Adviser to the President on Information and Strategy, Bayo Onanuga, former President of Niger Republic and AU AfCFTA Champion, Mahamadou Issoufou, praised Nigeria’s leadership, particularly for convening the Digital Economy Roundtable in January.
“No organization, region, or continent has negotiated or adopted such a comprehensive legal instrument on digital trade, positioning the African continent to benefit from the digital economy for innovation and job creation,” Issoufou said in his progress report to the AU Assembly.
He also highlighted Africa’s growing influence in digital innovation, particularly in mobile banking and financial technology, and noted that the protocol would create an enabling environment for young African entrepreneurs.
“The AfCFTA Protocol on Digital Trade will establish a conducive environment for these young people to fully participate in Africa’s digital economy,” Issoufou added.
Reflecting on the roundtable in Abuja, he commended President Bola Tinubu and his administration for facilitating discussions with key stakeholders.
“The Roundtable was attended by young pioneers in Fintech, mobile banking and other areas of the digital economy. It was evident from the discussions that young people are eager to take advantage of Africa’s digital economy through the AfCFTA Protocol on Digital Trade”, he said.
Speaking at the AU summit, Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, described the AU’s endorsement as a milestone in Africa’s economic development.
“Africa has demonstrated global leadership by pioneering the first-of-its-kind AfCFTA Protocol on Digital Trade—establishing a comprehensive regulatory framework,” Dr. Oduwole stated.
She emphasized that the protocol is a “game changer” for the continent, predicting that it would generate millions of jobs, contribute billions to Africa’s GDP, and attract significant investments in digital infrastructure.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
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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.
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