Telecom
NCC Discovers Cyber Threats to Windows Platforms, Routers
The Nigerian Communications Commission (NCC), through its Computer Security Incidents Response Team (CSIRT), has discovered two new separate cyber threats targeting Windows Platforms and a particular kind of routers respectively.
The commission through a statement issued by Dr. Ikechukwu Adinde, Director, Public Affairs, said that the discoveries were made known in two separate advisories released by the cyber-space protection team earlier this week.
The first cyber threat is a ransomeware known as ‘Lokilocker’, which is capable of wiping data from all version of Windows systems or platforms. It causes data loss, and denial of service (DoS), which reduces user’s productivity.
“Lokilocker”, is a relatively new ransomware that has been discovered by security researchers and belonging to the ransomware family. Lokilocker operates by encrypting user files and renders the compromised system useless if the victim does not pay the demanded ransom in time.
To hide the malicious activity, the ransomware displays a fake window update screen, cancel specific processes and services, and completely disables the task manager, windows error reporting, machine firewall and windows defender of the compromised system.
Sadly, it also has in-built processes that prevent data recovery as it deletes backup files, shadow copies, and removes system restore points. It also overwrites the user login note and modifies original equipment manufacturer (OEM) information in the registry of the compromised system.
Thus, the NCC CSIRT states: “To protect against infections by LokiLocker and similar ransomware, the best rule is to always have a backup copy of your data, which should be stored offline,” the advisory stated.
Additionally, according to CSIRT, “all downloads and email attachments should be opened with caution, even if they are from trusted sites or senders. Users should also ensure they attachments are scanned with an up-to-date antimalware solution, before opening.”
The second cyber threat discovered by the NCC CSIRT is a Botnet that targets the Microtik version of Routers. As CSIRT revealed, thousands of routers from Microtik which have been found to be vulnerable are being used to constitute what has been named one of the largest botnets in history
This botnet exploits an already-known vulnerability, which allows unauthenticated remote attackers to read arbitrary files and authenticated remote attackers to write arbitrary files, due to a directory traversal vulnerability in the WinBox interface. The vulnerability which was previously fixed allowed the perpetrators to enslave all the routers and then rent them out as a service.
In accordance with new research published by Avast, a cryptocurrency mining campaign taking advantage of the newly disrupted Glupteba botnet as well as the famed Trickbot malicious software were found to have been disseminated by the very same command-and-control (C2) server.
The C2 server functions as botnet-as-a-service, which controls nearly 230,000 vulnerable MicroTik routers. The Botnet, however, has been linked to what is now called the Meris Botnet.
The threat types emanating from the botnet include bypass authentication, data loss, denial of service, remote code execution, sniff password and unauthorized access. These situations result in dangers to victims of this cyber threat including malware distribution, mining cryptocurrency, thereby increasing the use system resources, remote code execution and data theft.
To be protected against this botnet, NCC CISRT asdvised users to update or apply the latest patches to their routers early, set strong router passwords, disable the administration interface of the routers from the public, stay away from illegitimate or cracked software versions of legitimate applications, and use decent antivirus software with in-built web-filtering, and apply the latest patches as soon as they arrive.
Telecom
NCC Calls on Judiciary to Champion Nigeria’s Digital Transformation
Nigerian Communications Commission (NCC) has emphasized the judiciary’s crucial role in Nigeria’s digital transformation. During the Annual Workshop for Judges on Legal Issues in Telecommunications, Executive Vice Chairman Aminu Maida highlighted the judiciary’s reliance on digital tools to enhance justice delivery.
He stressed the need for special protections for telecommunication infrastructure, which faces disruptions from vandalism, theft, and restricted access.
Maida called for judicial support to implement the Presidential Order designating telecommunications infrastructure as Critical National Information Infrastructure.
This order prohibits unauthorized actions against such infrastructure without a lawful court order.
The judiciary’s role in protecting fundamental rights, enforcing digital contracts, and developing digital jurisprudence is vital for Nigeria’s digital transformation.
Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, commended the NCC’s efforts to protect consumers from unfair practices and emphasized the judiciary’s commitment to the telecommunications sector.
She highlighted concerns such as cybersecurity risks, consumer data protection, and the need for improved dispute resolution frameworks within the digital economy.
The workshop aims to equip judicial officers with the technical expertise required to address emerging legal challenges in telecommunications.
Nigeria’s digital economy has significant growth potential, with projected revenues of $18.30 billion by 2026, expected to create employment opportunities, reduce poverty, and promote innovation.
The NCC is working with key stakeholders to ensure the seamless implementation of the Presidential Order and to keep Nigeria competitive in the global digital economy.
Telecom
Empowering Nigerian Entrepreneurs: 15Wins Ventures Unveils Z-Habitat Hub
15Wins Ventures, a Dutch-based venture builder, officially launched Z-Habitat Hub in Lagos on Thursday, October 24, 2024, marking a new chapter in the company’s efforts to support innovation and entrepreneurship in Nigeria.
The launch was attended by key dignitaries, including The Netherlands Ambassador to Nigeria, His Excellency Bengt van Loosdrecht; The Netherlands Consul General in Lagos, His Excellency Michel Deelen; Sonia Onovughakpo Fajusigbe, Policy Advisor on Entrepreneurship, Youth Employment & Health Care, Consulate General of the Netherlands in Lagos; Valkamiya Ahmadu, Senior Policy Advisor on Economic & Political Affairs (Abuja); and Adebola Adebowale, Chief Program Analyst for Lagos State.
Commenting on the significance of Z-Habitat in driving innovation and creating equitable opportunities for underserved communities, His Excellency Bengt van Loosdrecht said, “We see Z-Habitat Hub as a powerful connection point – a place where ideas can take root and thrive through collaboration.
“Many people in the west do not realize that Nigeria is a country on the brink of transformation.
“The domestic private sector, driven by young, well-educated individuals, is flourishing. This is a dynamic I have seen in other rapidly developing regions, and I believe Nigeria’s youth are on the cusp of an exciting future.’’
His remarks preceded the ribbon-cutting ceremony, which officially opened the hub’s doors to the Nigerian innovation ecosystem.
The Z-Habitat Hub will host various programs, including workshops, mentorship sessions, and networking events, all aimed at empowering Lagos’s startup ecosystem.
The hub’s mission aligns with 15Wins Ventures’ goal to build a sustainable foundation for African tech development, bridging resources from its base in the Netherlands to local talent in West Africa.
Reflecting on the vision behind Z-Habitat, Nelson T. Ajulo, Chief Executive Officer of 15Wins Ventures, highlighted the hub’s role as a transformative force within Lagos startup ecosystem.
“Z-Habitat is a place where technology, creativity, and entrepreneurial spirit come together.
“Our mission is to provide local entrepreneurs and creatives with the resources, mentorship, and networks they need to turn their ideas into impactful solutions,” he said.
“Through Zarttalent, we have trained nearly 500 students and provided scholarships to underserved women. Now, with Z-Habitat, we are expanding our commitment to empowering Nigeria’s youth and broader community.’’
Guests were welcomed with a guided tour of the facility, led by Nelson, offering a firsthand look at the state-of-the-art workspaces.
The event also featured an energetic performance by local drummers and a showcase of creative expressions by local artists.
The launch of Z-Habitat underscores 15Wins Ventures’ commitment to fostering homegrown innovation and providing a structured, supportive environment for Nigerian entrepreneurs.
As Lagos startup landscape continues to thrive, Z-Habitat is poised to play a critical role in helping entrepreneurs turn their ideas into impactful solutions that drive long-term growth.
Telecom
Treepz Drives Innovation, Wins Top Honors at African Union Event
Treepz, Africa’s leading corporate mobility startup, has been awarded the Best Startup Pitch in Africa at the 15th Annual African Union Private Sector High-Level Conference, held in Lusaka, Zambia on October 31st – November 2nd, 2024.
Amidst the line-up of startups that pitched at the conference, this award, organized by the Global Innovative Initiative Group (GIIG), was presented to Treepz in recognition of its innovative contributions and significant impact on transforming the mobility landscape across Nigeria, Ghana, Uganda, and Kenya.
In addition to winning the Best Startup Pitch in Africa award, Treepz was recognized across the continent and was awarded $5000 and $3,500 from the African Export-Import Bank (Afreximbank) and Google, respectively.
Commenting on the award, Onyeka Akumah, Founder and CEO of Treepz, stated, “We are honoured to have received several recognitions on the continent, including the Best Startup Pitch in Africa, for our work in the mobility sector across four countries”.
“We are also grateful to Jo Griffiths, Founder of GIIG for the extended invitation to pitch at the prestigious African Union private sector conference.
“The invitation speaks to our footprints in Africa and how we have consistently delivered exceptional mobility services to our customers, both home and beyond”, Onyeka added.
Global Innovation Initiative Group (GIIGvelopment and People at Treepz delivered the pitch and received the award on behalf of the startup.
She expressed her excitement, noting that Treepz is well-positioned to significantly empower millions of daily commuters through the advancement of shared mobility across Afric) is a venture capital investment firm committed to enabling African tech entrepreneurs to thrive in businesses that pioneer innovative global solutions that meet the most pressing challenges of the time.
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