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E-Business

Malware Variety Grows by 13.7% in 2019 Due to Web Skimmers

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In 2019, the number of unique malicious objects detected by Kaspersky’s web antivirus solution rose by an eighth, compared to last year — reaching 24,610,126.

This growth was mainly influenced by a 187% rise in web skimmer files. Other threats, such as backdoors and banking Trojans detected in-lab, also grew, while the presence of miners dropped by more than a half.

These trends have demonstrated a shift in the type of threats used by attackers on the web who search for more effective ways to target users, according to the Kaspersky Security Bulletin: Statistics of the Year report.

In 2018, unique malicious objects (including scripts, exploits and executable files) detected by Kaspersky’s web antivirus solution totaled 21,643,946, rising to 24,610,126 this year.

The growth accounts for an increase in the number and variety of HTML pages and scripts with hidden data loading – usually used by unscrupulous advertisers.

Yet, most notably, the growth was also partially caused by online skimmers (sometimes referred to as sniffers) – where scripts are embedded by attackers in online stores and used to steal users’ credit card data from websites.

The growth of online skimmers’ unique files (scripts and HTML) detected by Kaspersky web antivirus equaled 187%, reaching 510,000. At the same time the number of threats detected by web antivirus have risen five-fold (by 523%), totaling 2,660,000 in 2019.

“Web skimmers also entered the top 20 malicious objects detected online, taking 10th place in the overall ranking. The share of new Backdoors and banking Trojan files, among all types of threats detected in-lab, also grew by 134% and 61% to reach 7,644,402 and 739,551 respectively.

Nevertheless, the number of unique malicious URLs detected by Kaspersky web antivirus halved in comparison to 2018 (50.5%) – from 554,159,621 to 273,782,113. This shift was largely caused by significant decrease of hidden web miners, even though several detections related to them (including Trojan.Script.Miner.gen, Trojan.BAT.Miner.gen, Trojan.JS.Miner.m), can still be seen in the top 20 web malware threats.

The presence of programs that secretly generate cryptocurrency on users’ computers (called ‘local’ miners) has also been steadily declining over the year: the number of users’ computers affected by attempts to install miners dropped by 59%, from 5,638,828 to 2,259,038.

85% of web threats were detected as malicious URL – this detection name is used to identify links from Kaspersky’s black list. It includes links to web pages containing redirects to exploits, sites with exploits and other malicious programs, botnet command and control centers, extortion websites, and others.

“The volume of online attacks has been growing for years, but in 2019 we saw a clear shift from certain types of attacks that are becoming ineffective, to the ones focused on gaining clear profit from users. This is partly due to users becoming more aware of the threats and how to avoid them, and organisations steadily becoming more responsible.

A good example is miners, which have lost their popularity due to lower profitability and cryptocurrencies’ fight against covert mining.

“This year we also witnessed growth in zero-day exploits, showing products remain vulnerable and are used by attackers for sophisticated attacks, and this trend is likely to continue in the future,” says Vyacheslav Zakorzhevsky, Head of Anti-Malware Research at Kaspersky.

The number of new malicious files processed by Kaspersky’s in-lab detection technologies amounted to 342,102 – which is 1.05% less than the previous year.


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E-Business

Otti, Abia State Gov Promises Internet Access for all Abia Communities in 9 Months

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Dr. Alex Otti, governor, Abia.
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All communities in Abia State are to be connected to Internet Service within the next 9 months, according to Dr. Alex Otti, state governor.

Otti, Abia State Gov Promises Internet Access for all Abia Communities in 9 Months

All communities in Abia State are to be connected to Internet Service within the next 9 months, according to Dr. Alex Otti, state governor.

Otti stated this at the Nnamdi Azikiwe State Secretariat premises at Umuahia, the state capital, while flagging off the first phase of the Umuahia Dedicated Internet Access/Wide Area Network And Managed Network Services Project (Project), saying that it promises to re-engineer efficiency and flexibility in operations and interactions within and amongst institutions, enhance policy execution, and engender a culture of outcome-oriented competition amongst civil servants.

The Project is being handled by iPNX, a major internet service provider.

At the ceremony, Otti, said the project includes distributing high-performance digital tools, laying fibre optic cables in public institutions, and installing infrastructure for high-speed data transmission.

He added that the initiative focuses on improving leadership efficiency, empowering civil servants with digital tools, and enhancing service delivery.

Transitioning to digital platforms would streamline government processes, enable faster communication among Ministries, departments, and Areas (MDAs), and improve engagement with development partners and the global community.

The governor also announced a mandatory digital literacy requirement for civil servants, making proficiency in technology essential for career growth.

Assuring that while the government would provide training, those unwilling to embrace technology risk becoming uncompetitive in the evolving civil service structure.

Plans are underway to expand digital access across Abia, with an agreement already in place to lay fiber optic cables in Aba, Umuahia, and Ohafia.

Otti directed Mr. Gerald Ilukwe, chief information officer to ensure that within nine months, every community in Abia must have reliable network service, enabling businesses to thrive virtually.

The Governor urged the people of Abia to embrace technology as a tool for empowerment rather than a replacement for human roles as the use of technology ought to be on enhancing service delivery and economic development, as well as keeping human decision-making at the core of governance.

The commencement of the initiative marks a major milestone in Abia’s journey towards a fully digital economy.

Ilukwe, described the project as a critical foundation for a digital government, emphasising its role in modernising service delivery.

Ilukwe said Phase I of the initiative prioritises multi-tenant buildings and complexes housing multiple MDAs and assured that MDAs not included in this phase would be covered in subsequent stages.

“Even as we are rounding off this phase, we are already preparing for the next, by the end of this service year, the entire government offices in Umuahia will be interconnected on a single network,” Ilukwe said.

Mr Ejovi Aror, group managing director, ipNX, expressed gratitude to Gov. Alex Otti for the opportunity to be part of the state’s digital transformation journey.

“This partnership signals the beginning of a new chapter in the journey towards building a digitally connected, technologically advanced, and economically empowered Abia State,” Aror said.

 

 


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Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

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Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
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Visa, global payment services giant, has announced plans to establish a data centre infrastructure in Nigeria.

Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima

According to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president) on Friday, Andrew Torre, Visa’s regional president for central and eastern Europe, the Middle East, and Africa, spoke during a courtesy visit to Vice-President Kashim Shettima at the presidential villa in Abuja.

“This is in addition to its investments of over $1 billion in the country, including a substantial technological partnership with @moniepoint to foster digital payment solutions, a $200 million investment in Interswitch, and a partnership with @thriveagric to empower smallholder farmers and enhance food security in Nigeria,” the statement reads.

During the meeting, Torre said the plan to establish the data centre infrastructure aims to bring new technologies into the Nigerian market that would bolster the nation’s growing digital economy.

“Visa has been making investments and will continue to make these investments in Nigeria,” he said.

Responding, Shettima welcomed Visa’s expansion efforts, assuring the delegation that the partnership between Visa and the Nigerian government would continue to flourish.

The vice-president commended the company for investing in ThriveAgric, noting that President Bola Tinubu’s administration is deeply committed to repositioning the agriculture sector, which remains a top priority in its 8-point agenda.

“Nigeria is where the action is. Of the 10 fintechs in Africa, about eight are in Nigeria, with moniepoint as the newest addition,” Shettima said.

“Agriculture is key to the 8-point agenda of the present administration. President @officialABAT is really keen on repositioning the agriculture industry here, and we have to invest in technology, we have to invest in modernisation.”

On January 23, Moniepoint, a Nigerian fintech company, announced it secured investment from Visa to support the growth of small and medium enterprises (SMEs).

 

 

 

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima


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FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

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Mr Nyesom Wike, the minister of FCTA
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Federal Capital Territory Administration (FCTA) has approved N242.8m for the procurement of a Microsoft 365 licence for its Internal Revenue Service (FCT-IRS) as part of efforts to digitise the service’s operations.

FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

Mr Michael Ango, acting executive chairman of FCT-IRS, disclosed this after the FCT Executive Committee meeting chaired by Mr Nyesom Wike, the minister of FCTA,  in Abuja on Wednesday.

Ango said that the FCTA was making significant investments in technology to enhance revenue generation and collection.

“So, this is also one of those investments in technology that the FCT is undertaking.

“The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.

“It will enhance our ability to communicate within our offices,” he said.

The executive chairman added that the move would also reduce the use of paper and ensure better record-keeping through the storage of information and documents in the cloud.

According to him, “The licence will essentially enhance our operations and assist us in generating revenue for the development of the FCT under Wike’s leadership.”

 

 


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