E-Business
Malware Infiltrating Millions of Yahoo
![cyber.jpg](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2014/03/cyber_1.jpg)
Fox-IT, a Dutch security firm, on Friday, January 3, detected malicious activity on some of its clients’ networks, presuming, is following a common phenomenon that they had all previously visited yahoo.com.
Further investigation by InfoSecurity revealed malvertising on the Yahoo site – and it is possible that millions of users have been infected via Yahoo.
“Clients visiting yahoo.com received advertisements served by ads.yahoo.com,” blogged Joost Bijl, Fox-IT’s product manager for ProtACT, its security monitoring service. “Some of the advertisements are malicious. Those malicious advertisements are iframes hosted on [five separate domains].”
The iFrames, InfoSecurity highlighted, silently redirected the Yahoo visitors “to seemingly random subdomains” of several domains all served from a single IP address that appears to be hosted in the Netherlands.
Here the visitors were served with the Magnitude exploit kit which attempted to exploit several Java exploits. If any of the exploits were successful, the victim was infected with one of a range of trojans including Zeus, Andromeda, Dorkbot, Tinba, Necurs and click fraud malware.
InfoSecurity said that magnitude is proving an increasingly popular exploit kit among cybercriminals since the arrest of Paunch, the alleged author of the Blackhole EK.
“The investigation showed that the earliest signs of infection were at December 30, 2013. Other reports suggest it might have started even earlier”, continued Fox-IT. It updated its report, still on 3 January, with the comment, “It appears the traffic to the exploit kit has significantly decreased. It looks like Yahoo is taking steps to fix the problem.”
Fox-IT estimates that around 300,000 users visited the site every hour during the infection. “Given a typical infection rate of 9% this would result in around 27.000 infections every hour,” it suggests. A second Dutch company, SurfRight, provided additional information on its Hitman blog on Sunday. It confirmed December 30 as the start of the infections.
“Our systems detected the first threats associated with this malware campaign on Monday December 30th, 2013 (now 6 days ago). This means that a lot more users are infected than initially thought (4 days x 24 hours x 27,000 infections = 2.5 million infected computers),” it concluded.
At the time of writing this report, Yahoo has not published a formal statement on the issue. It has, however, released two brief statements to journalists. On Saturday it said, “We recently identified an ad designed to spread malware to some of our users. We immediately removed it and will continue to monitor and block any ads being used for this activity.”
On Sunday it added, “On Friday, January 3 on our European sites, we served some advertisements that did not meet our editorial guidelines, specifically they spread malware. We promptly removed these advertisements. Users in North America, Asia Pacific and Latin America were not served these advertisements and were not affected. Additionally, users using Macs and mobile devices were not affected.”
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
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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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