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Report says Telecoms are Prime Targets for Cyberattacks in 2024

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Telecom, mass media, and construction development companies are the top cyberattack targets in the first half of 2024, reports Kaspersky. Telecoms faced the greatest number of incidents, likely due to attackers’ interest in sensitive data and trusted relationships exploitation.

In turn, mass media are traditionally targeted during international conflicts, while construction development firms may be also attractive for threat actors due to their extensive subcontractor use.

In the global telecommunications sector, there were 284 cybersecurity incidents per 10,000 systems, according to Kaspersky Managed Detection and Response (MDR) statistics for January-June 2024. Mass media companies experienced 180 attacks per 10,000 systems, while the construction development, food and industrial sectors followed with 179, 122 and 121 incidents, respectively.

“A successful attack, especially an advanced one, on a telecoms company can expose millions of customers’ records, including contact details, social security numbers, and credit card information.

“It can also serve as a possible springboard for further attacks on clients through trusted relationship exploitation. That’s why this sector is so attractive for cybercriminals. The mass media organisations become an increasingly frequent target during international conflicts, which are often characterised by information warfare in which they play a crucial role.

“The construction development firms, in turn, have significant cash flows and rely on subcontractors, making them vulnerable to attacks via trusted partners’ infrastructures and spear phishing,” explained Sergey Soldatov, head of Kaspersky Managed Detection and Response.

Telecommunication companies also faced the highest average number of critical incidents, with 32 attacks per 10,000 systems. “Critical incidents are human-driven attacks or malware threats that have a potential or actual significant impact on the company’s infrastructure,” explained Soldatov.

The IT industry follows with nearly 12 average critical incidents, while government sector experienced 8 average critical incidents in the first half of 2024.

Globally, the number of cyber incidents has remained relatively stable, with a slight decrease. Organisations tend to strengthen their cybersecurity measures after the spike in attacks in 2021-2022. Enhanced approaches such as vulnerability assessments and penetration tests have improved overall security.

 


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E-Business

Konga’s Back-to-School Campaign Empowers Learners and Educators with Unbeatable Deals

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Konga’s Back-to-School campaign has been a game-changer for parents, students, teachers, and other stakeholders in Nigerian education.

Konga

Since its launch three weeks ago, the campaign—which offers necessary school supplies and educational tools at discounts of up to 80%—has given educators and families alike a lifeline.

In a time when many are feeling the pinch of the current economic climate, Konga’s Back-to-School campaign has stepped up to support Nigerian families in preparing for the new academic year.

Because of the back-to-school campaign, parents can now afford to buy everything their kids need for school, including tech devices, backpacks and stationery, without straining their finances.

At the core of Konga’s Back-to-School initiative is its commitment to empowering learners as they resume a new session. The deals provide a wide range of educational resources to make sure pupils are prepared for academic success.

Konga has addressed the diverse demands of all students, from nursery school pupils in need of new stationery to university students requiring laptops for their schoolwork.

Moreover, with the discounts offered during the campaign, more families can now afford high-quality products. This ensures that every learner, regardless of their financial situation, has the tools they need to thrive academically.

Konga’s Back-to-School campaign has also been a tremendous support for parents and educators. By offering substantial discounts on a wide range of products, Konga has made it easier for parents and educators to shop for what they need, while saving money.

Furthermore, Konga’s Back-to-School campaign is not just about school supplies; it aims to meet the broader needs of the educational community. The campaign has also featured deals on items like beauty, health and personal care products, electronics and fashion.

This ensures that students are not only academically prepared but also physically and mentally ready for the challenges of a new school year.

In addition, Konga has made it easy for shoppers to access these incredible deals through its user-friendly online platform. With just a few clicks, customers can browse, select, and purchase what they need, with the added convenience of nationwide delivery.

As the Konga Back-to-School campaign continues, it is evident that it has made a significant difference in the lives of many Nigerians.

For those who are yet to take advantage of these deals, there is still time to shop and save before the end of September. Visit Konga.com today and equip your kids with everything they need for a successful school year.


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Allison, BHM Partner to Host ‘Africa Breakfast Convos’ @UNGA79

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Africa stands at vital crossroads, balancing intricate geopolitical challenges while taking advantage of promising economic opportunities. With the Gulf Cooperation Council (GCC) announcing 73 Foreign Direct Investment (FDI) projects in Africa worth more than $53 billion in the last year alone, according to the World Economic Forum, and significant growth in technology, renewable energy, and healthcare sectors, across the continent, Africa is poised for remarkable progress.

In light of these developments, Allison, a globally renowned communications consultancy, and BHM, Africa’s leading public relations firm, are joining forces to co-host an exclusive breakfast event on the sidelines of the 79th United Nations General Assembly (UNGA79) in New York City.

The “Africa Breakfast Convos,” set for Friday 27 September 2024, at the World Trade Center, will convene business and public sector leaders from various African nations, representing key sectors such as telecommunications, finance, entertainment, government, technology, and trade.

With 70% of sub-Saharan Africa’s population under 30 and projections indicating that one-fifth of the global population will be African by 2030, the continent’s youthful demographics are drawing significant international attention.

This exclusive gathering aims to showcase Africa’s immense potential for economic growth and development while emphasising the continent’s role in achieving sustainable development goals.

The event will feature panel discussions, keynote speeches, and networking sessions exploring various aspects of the African narrative: big business, technology, pop culture, creative economy, soft power, and geopolitics. It will serve as a platform to highlight expertise and innovation on the continent.

Claudine Moore, Managing Director, Africa, at Allison, stated, “The ‘Africa Breakfast Convos’ represents a unique opportunity to bring together influential voices and decision-makers from across Africa and beyond.

“We’re excited to again facilitate meaningful dialogue during the United Nations General Assembly when Africa is a focus and we are collectively working towards collaboration driving sustainable growth and social impact across the continent.”

Femi Falodun, Executive Director, BHM, added, “This event underscores Africa’s position as a land of opportunity for investment and collaboration.

“By showcasing the continent’s dynamism and potential, we aim to foster partnerships that will contribute to shared prosperity and sustainable development.”

The “Africa Breakfast Convos” aligns with UNGA79’s theme while focusing on Africa’s potential as a driver of global progress.

“It emphasises the role of business in driving sustainable development, the importance of public-private partnerships, and the opportunities for collaboration with Africans in the diaspora.


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Privacy Protection is Now Right of Citizens —Olatunji, NDPC Boss

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Dr. Vincent Olatunji, national commissioner and chief executive officer, Nigeria Data Protection Commission (NDPC), has stated that it is now the right of citizens for their privacy to be protected.

Privacy Protection is Now Right of Citizens —Olatunji, NDPC Boss

Dr. Vincent Olatunji, national commissioner. NDPC

Olatunji said this when he received a group of international data protection experts from Somalia who were on a study tour to explore Nigeria’s data protection ecosystem and its unique models.

Nigeria and Somalia are meant to exchange ideas on the protection of data, with the East African nation eager to learn what their West African counterparts are doing to keep the privacy of their citizens safe.

“It is a digital age and the protection of the privacy of all citizens of the world is paramount,” he said during the meeting held in Abuja.

“It’s now the right of all citizens for their privacy to be protected. That’s why all countries across the globe are putting in place those measures to ensure that they have their enforceable data protection rights and also put in place data protection authority to ensure that they enforce the law of data security.

‘In Nigeria, we recognise the need to protect the privacy of our citizens as it is enshrined in the 1999 constitution.”

Speaking earlier, Jamal Mohammed, Somalia’s ambassador to Nigeria, advised the delegate from his country to go home with the message that Nigeria has everything the war-torn country needs to develop. He pleaded with the NDPC DG to help his country in the area of data privacy and security.

“I’ve been here for three years now. Everything Somalia needs is in Nigeria in terms of knowledge and in terms of experience. I’d like you to take this message to Somalia,” he said.

“Don’t go to any other places. So, you’ll get anything you need in Somalia. However, in my stay here, I faced two challenges.

“The number one challenge was to convince Nigerians about Somalia. They have a phobia about Somalia. The same thing with Somalians.

“I’ve tried to convince Somalians to come to Nigeria but now they’ve got an opportunity.”


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