E-Business
Proxynet Pens CoSoSys Distributorship

CoSoSys’ wide range of data loss prevention, endpoint security and device control software products will be made available to Nigerian businesses by their new distribution partner, Proxynet Group.
The company known for its proclivity for the development of endpoint security, data loss prevention and portable media security software, had September, 2011 signed a distribution partnership with Proxynet Group, a top distributor of a wide range of security products and services.
Proxynet is CoSoSy’s first partner in Nigeria and will help broaden the access of Nigerian companies to the company’s top of the line Data Loss Prevention (DLP), portable media and endpoint security solutions.
According to Mr. Ozo-Onyali Ifeanyi Edward, managing director, Proxynet Communications Proxynet is extremely pleased to partner with such a strong player in the Nigerian security market and confident that the collaboration will result in new product releases that will better fit the emerging endpoint security demands of Nigerian companies.
On his part, Roman Foeckl, CoSoSys CEO said that: “Through this partnership, we also aim to get the Nigerian businesses acquainted to our always increasing range of security software designed to protect companies of all sizes against the threats posed by today’s highly mobile and powerful laptops, storage device and gadgets that are a must have part of modern business processes”.
CoSoSys’ most popular data loss prevention and endpoint security solutions include endpoint protector, a product created to minimize internal threats, reduce data leakage risks and control devices connected at endpoint, the cloud computing device control and network security version; my endpoint protector and the latest introduced endpoint protector hardware appliance, the first hardware appliance in the world to provide out of the box device control and data security for Windows and Mac.
CoSoSys products and technologies are currently being used by more than 20 million users and portable devices worldwide.
E-Business
NDPC Probes Suspected Data Breach in Examination Centres

Nigeria Data Protection Commission (NDPC) has launched an investigation into allegations that the confidentiality and integrity of candidates’ personal data may have been compromised by hackers.
The Commission initiated the inquiry following concerns over possible data breaches during examinations.
Preliminary findings indicate that several examination centres may not have implemented adequate technical and organizational measures to safeguard candidates’ personal information, as required under data protection regulations.
Although the incident reportedly affected 379, 997 candidates, the NDPC’s investigation is poised to cover a systemic audit of data processing and third parties.
It will be recalled that JAMB recently admitted that a technical error on its platform affected a total of 379,997 candidates in 157 examination centres across Lagos and the South-East.
Further investigation led to the arrest of at least 20 suspects who are currently in the custody of the Department of State Services and the Nigerian Police Force.
E-Business
Nigeria Among Hotspots as Kaspersky Warns of Rising Ransomware Threat in Africa

Cyber security firm, Kaspersky, has once again warned that sophisticated cybercriminals increasingly target Africa as ransomware and advanced persistent threats (APTs) escalate across the region.
Speaking at the company’s annual Cyber Security Weekend for the Middle East, Turkiye and Africa (META) region, the cybersecurity firm’s Global Research and Analysis Team highlighted growing digital threats affecting African nations.
Kenya, Nigeria, and South Africa emerged as hotspots, with Kenya recording one of the highest web threat incident rates at 20.1% in first quarter 2025.
“While ransomware is less prevalent in Africa due to lower levels of digitisation and economic constraints, countries like South Africa and Nigeria are seeing a sharp rise in attacks,” said Sergey Lozhkin, head of META and APAC regions at Kaspersky.
Kaspersky noted a 0.01 percentage point increase in African ransomware cases year-on-year, reaching 0.41%, still below global and Middle Eastern averages, but a troubling sign for the continent’s emerging digital infrastructure.
Experts warned that attackers are refining their tactics, shifting focus to unconventional entry points like IoT devices, smart appliances, and misconfigured hardware.
“As these economies expand digitally, sectors such as manufacturing, finance and government are becoming key targets,” said Lozhkin
The cyber-crime landscape is evolving quickly, fuelled by AI tools and dark web access to large language models, which enable less skilled actors to launch convincing phishing and malware campaigns.
Groups like FunkSec, which uses AI-generated code and a low-cost ransom model, are redefining ransomware operations.
“African organisations face the dual challenge of expanding digital footprints and limited cybersecurity awareness. This makes layered defense strategies, including network segmentation, real-time monitoring and regular staff training, essential,” stated Lozhkin
Kaspersky continues to monitor 25 active APT groups in the META region, including SideWinder and MuddyWater, some of which are known to target African institutions.
To bolster defenses, the firm recommends using tools such as its free Anti-Ransomware Tool for Business and the Kaspersky Next suite for threat visibility and response.
E-Business
Nigeria Launches Cybercrime Team with Commonwealth, UK Support

Nigeria recently launched a new joint case team to step up its response to cybercrimes that affect people and businesses at home and abroad.
The ‘Joint Case Team on Cybercrime’ brings together Nigeria’s key justice and security agencies to work as one, making it easier to detect, investigate, and prosecute digital offences.
It is supported by the UK National Crime Agency, the UK Foreign, Commonwealth and Development Office, and the Commonwealth Secretariat, as part of a wider effort to promote international cooperation on cybercrime.
Speaking at the launch in Abuja, Prince Lateef Fagbemi SAN, minister of justice and attorney general of the federation described the initiative as “a bold and transformative stride in Nigeria’s justice system.”
He said that although Nigeria has a national legal framework to address cyber offences, laws alone are not enough.
Nigeria is among the countries most affected by cybercrime around the world, with increasing financial losses.
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