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NCS Urges FG to Tap into  $45Bn Cybersecurity Market

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Nigeria Computer Society (NCS), umbrella body for all information technology practitioners in Nigeria, in its advocacy capacity, has called on the government at all levels in Nigeria, to tap into the opportunities in the multi-billion dollar cybersecurity market in Africa.

NCS Urges FG to Tap into  $45Bn Cybersecurity Market

The association made this plea in a communiqué issued at the end of its second Stakeholders’ Forum on Cybersecurity held at the National Open University of Nigeria (NOUN) in Abuja, recently.

The society also called on the federal government to harness local talents to tame the tide of attacks which have been on increase in the recent times.

Speaking on this, Mr Adesina Sodiya, president of NCS, said the Africa (& Middle East) cybersecurity market will be valued at about $45 billion within the next two years, noting that this presents Nigeria with huge opportunities to create jobs and leverage experts’ skills to become cyber-battle ready.

“The Nigerian society is advised to key into the sector and generate jobs. There is also currently a shortfall of 2.3 billion jobs in cybersecurity. So, Nigeria needs to produce cybersecurity experts.

“Since it was established, NCS has been strategic in its advice to members, governments, other competent authorities and the public, on national and international policy matters affecting the computing, information and systems technology industry.

“Consequent upon the foregoing, the Nigeria Computer Society has observed that cyberattacks in Nigeria today is on the increase,” the President said.

Mr Sodiya explained that the observation was based on current local and international reports.

“Individuals, governments, and corporate organizations are losing a huge sum of money and properties due to cyberattacks. Threat techniques are continually changing, and attacks are getting more sophisticated by the day, it is believed that this trend will continue if nothing is done,” he said.

He expressed NCS’s commitment to IT development in Nigeria which informed the forum geared towards addressing the factors mitigating efficient use of IT for leapfrogging development.

Meanwhile, the forum resolved among other things; that due to the impact of COVID-19 on health sector cybersecurity space, the government should include the health sector infrastructure in the list of critical national infrastructure and there should be a deliberate effort to come up with programs to build the capacity of young Nigerians in the field of cybersecurity hence government needs to invest in catching the young ones.

“There is a need for the government to train more of our youths on ethical hacking and how to use historical data through the help of artificial intelligence to fight cybercrime. These pieces of training should be either academic or vocational.

“The government should ensure that all organisations have a security policy in place. Chief Executive Officers should be trained to identify the sensitive data used in their organisations,” it disclosed.

It was also recommended that cybersecurity training should also be included at the Basic education level; “the pieces of training should be made interesting for example the training can be in form of games for kids to help develop their interest.

“There is a need to develop our own internal resources and technology to store our sensitive data as a nation. NITDA should enforce the use of .gov emails in all government agencies for security reasons.

“There should be enhanced enforcement of the Nigerian Data Protection Regulation (NDPR) laws. Chief Executives who violate the laws should be sanctioned.

“The Computer Registration Council of Nigeria should look at ways to develop professional certifications for Nigerians locally. This will save the cost of Professionals getting it internationally.

“The government and private sector should take cybersecurity awareness to the grassroots to enlighten the underserved and rural people. This can be done via radio jingles, cartoons, traditional dance, billboards, and media houses,” the group said.

The NCS Forum also suggested that government should introduce internet monitoring, to blacklist fraudulent sites and fake news sites, among other recommendations.

The NCS was established in 1978 and has over 10,000 professional members across the country and over five hundred thousand student members in the higher institutions, universities, polytechnics, colleges of education, and other accredited computer training centres in Nigeria.


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Kaspersky Reveals Half of Dark Web Exploit Listings Target Zero-day Vulnerabilities

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Between January 2023 and September 2024, Kaspersky Digital Footprint Intelligence experts identified 547 listings to buy and sell exploits targeting software vulnerabilities.

These advertisements are posted on various dark web forums and shadow Telegram channels, with half involving zero-day and one-day vulnerabilities.

However, it is difficult to confirm whether these exploits are functional, as the dark market is rife with scams. Additionally, Kaspersky found that, on average, the cost of exploits for remote code execution vulnerabilities amounted to $100,000.

Exploits are tools used by cybercriminals to take advantage of vulnerabilities in various software programs, like those from Microsoft, to commit illegal activities, such as gaining unauthorised access or stealing data.

More than half of the dark web posts (51%) offered or sought to purchase exploits for zero-day or one-day vulnerabilities. Zero-day exploits target undiscovered vulnerabilities that software vendors have not identified and patched yet, while one-day exploits focus on systems that do not have the patch installed.

“Exploits can target any program, but the most desirable and expensive ones often focus on enterprise-level software. These tools enable cybercriminals to carry out attacks, which equate to substantial gains for them, such as stealing corporate information or spying on an organisation undetected.

However, some exploit offers on the dark web may be fake or incomplete, meaning they don’t function as advertised. Additionally, a significant portion of transactions are likely to occur in private.

These two factors complicate the assessment of the actual market volume for functional exploits,” explains Anna Pavlovskaya, Senior Analyst at Kaspersky Digital Footprint Intelligence.

The dark web market offers a wide array of different types of exploits. Two of the most widespread are those for RCE (Remote Code Execution) and LPE (Local Privilege Escalation) vulnerabilities.

According to an analysis of over 20 listings, the average price for RCE exploits is around $100,000, while LPE exploits typically cost about $60,000. RCE vulnerabilities are considered more dangerous, as they allow attackers to take control of a system or its components, or confidential data.

Dark web listings for buying and selling exploits, 2023-2024, where some offers can be repetitive. Source: Kaspersky Digital Footprint Intelligence

This year, the peak level in exploit sales and purchases occurred in May, with 50 relevant posts, compared to an average of about 26 per month in the period surrounding the surge. “Peaks in the exploit market’s activity are unpredictable and hard to link to specific events.

“Interestingly, in May, the dark web witnessed the sale of one of the most expensive exploits during the analysed period – allegedly, for a Microsoft Outlook zero-day vulnerability priced at nearly two million US dollars,” elaborates Anna Pavlovskaya.

“Overall, the exploit market remains stable; while activity fluctuates, the threat is always present. This highlights the need for cybersecurity hygiene practices, such as the regular patching and monitoring of digital assets on the dark web.”

 


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Spotify Launches Offline Backup for Premium Users

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Spotify Premium users no longer need to suffer in silence when they’re offline and have forgotten to download tracks or playlists in advance.

The streaming music company says it’s adding an Offline Backup feature that’ll automatically display a playlist of available tracks that can be played offline even if they weren’t manually downloaded.

The feature will start rolling out this week on iOS and Android apps, and will work with Android Auto and Apple CarPlay, according to Spotify.

The company noted that the feature might be useful for people who are boarding a flight with no internet connection and realize they haven’t downloaded any music in advance.

Spotify says the playlist will be generated from tracks that are already in the user’s data cache, so it presumably wouldn’t take up additional storage space on a mobile device.

The playlist will show up when a user is offline, and can be filtered and sorted by artist, mood and genre.

The Offline Backup playlist changes over time and can be added to the user’s library for easy access.

The number of tracks in the playlist will vary based on how frequently subscribers use Spotify. Some Offline Backup playlists will contain hours of music.

Though the Offline Backup playlist hasn’t shown up yet on the Spotify Home feed on my iOS device, an option in settings for “Offline listening” under Storage was enabled by default.

Users have the option to remove downloads or clear their cache, but that could disrupt the playlist.

In order for offline listening to work, Spotify said, users should’ve listened to at least five songs recently.


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A Review of SanDisk Dual Drive Luxe USB Type-C Flash Drive

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The SanDisk Dual Drive Luxe USB Type-C is a versatile and stylish storage solution that caters to users looking for a practical way to transfer and store data across multiple devices. SanDisk, known for its reliable storage products, delivers a sleek dual drive that combines functionality with durability.

Key Features

  1. Dual Connector (USB Type-C & USB Type-A):

One of the standout features of this drive is its dual interface, which allows you to transfer files between devices with both USB Type-C and USB Type-A ports. This is perfect for those who switch between newer laptops or phones with USB-C and older machines or peripherals that rely on USB-A.

  1. Fast Transfer Speeds:

With the USB 3.1 Gen 1 technology, the Dual Drive Luxe offers fast file transfer speeds, with read speeds of up to 150MB/s. Whether you’re transferring large video files or backing up important documents, the speed ensures a smooth and efficient experience.

  1. Ample Storage Options:

The drive comes in various storage capacities, ranging from 32GB up to 1TB, making it suitable for different needs. Whether you are a casual user storing simple documents or a content creator managing large media files, there’s an option that will suit your requirements.

  1. Durable and Compact Design:

The all-metal, polished finish adds an element of elegance while making the drive durable enough for daily use. The capless swivel design also protects the connectors when not in use and ensures portability without worrying about losing parts.

Performance:

In real-world usage, the SanDisk Dual Drive Luxe performs exceptionally well, particularly when transferring large media files such as 4K videos or high-resolution images. The transfer speeds hold up as advertised when connected to a USB 3.1 port.

However, using the drive with older USB 2.0 ports will see a drop in speed, but that’s to be expected with legacy technology.

Switching between USB Type-C and USB Type-A is seamless, making it a perfect companion for professionals on the go, students, or media creators who need to transfer files between devices regularly.

Pros:

– Dual USB Type-C and USB Type-A support.

– Fast read and write speeds (up to 150MB/s).

– Durable, all-metal design.

– Available in large storage capacities (up to 1TB).

– Compact and portable.

Cons:

– It may heat up slightly during extended use, though not excessively.

Verdict:

The SanDisk Dual Drive Luxe USB Type-C is an excellent choice for anyone who frequently transfers data between devices. Its dual connectivity, speed, and storage options make it a practical and efficient solution for both professionals and casual users alike. The design is both stylish and reliable without compromising the nature of being portable.


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