E-Business
Report shows Most Cyber Breaches are Caused by Human Error
Check Point® Software Technologies Ltd, a provider of cybersecurity solutions globally, marks Cybersecurity Awareness Month by highlighting the need for each and every individual to prioritise cybersecurity, in both their business and personal lives, in order to fend off the ever-increasing risk of cyberattack.
For companies, cyber risks are increasing all the time. In fact, according to Check Point Research (CPR), attacks increased by 59% compared to last year. Here in Africa, the weekly average of impacted organisations in 2022 is 1 out of 21, with an organisation on the continent being attacked on average 1,896 times per week in the last six months.
A recent World Economic Forum report revealed that 95% of cybersecurity problems are caused by human error, and if you add the global cyber skills shortage to the mix, then you have the perfect storm for a cybercriminal. The 2021 (ISC)² Cybersecurity Workforce Study showed that we are lacking almost three million cybersecurity professionals worldwide.
In light of this, some organisations have started to implement cyber initiatives for their employees. For example, Santander, a multinational financial services company, recently launched an incentive scheme whereby employee responses to phishing attacks are considered as part of the overall company bonus policy.
Check Point Software has also implemented various training initiatives to boost cybersecurity skills in the workforce across Africa. In Kenya, together with Strathmore University, Check Point SecureAcademy runs free training sessions with lecturers and students.
And since 2021 in Johannesburg, together with Get Informed and local partners, Check Point Software has been offering cybersecurity training courses and internships to under-privileged youth in the community.
Having people and staff that are well trained in cyber hygiene is one of the best foundations for good cybersecurity, and so, for Cybersecurity Awareness Month, Check Point Software provides some useful information to help companies identify attacks.
- Phishing: this is a technique that is often successful due to a lack of employee training. Often in the form of an email, it is when a cybercriminal will impersonate a colleague, company or institution to obtain personal data to then sell, use for identity theft or to launch further cyberattacks. It’s important to be careful when receiving emails, particularly any that include an unusual request. You should check the sender address is legitimate, check for grammar errors and any misspelled words, and don’t click on any unfamiliar links or open attachments.
- Malware: this is malicious software that is designed to harm a device or network. In order for it to be successful, the victim has to install such software on their computer, which is usually done by clicking on a malicious link that automatically installs it, but it can also enter through a file such as an image, document or video attachment. Again, it is crucial to be careful when receiving emails that contain links or files, and only download software from official stores.
- Ransomware: this is a type of malware attack that blocks access to systems unless a ransom is paid. For some time now, there has been double and even triple extortion ransomware, capable of blackmailing the victim’s customers too. Like malware, it usually enters a device through a link from a trusted company or a file downloaded to it. Therefore, it is very important not to download anything from an unknown user and utilise multi-factor authentication.
To avoid becoming a victim of phishing, malware and ransomware, Check Point recommends:
- Enabling two-factor authentication: sign into your accounts with both a password and one other method. It could be a question, biometric data or a one-time code sent to your device. This creates an extra layer of security that prevents an attacker from being able to access an account with just a password.
- Using strong passwords: using the same keyword for everything, or simple combinations such as ‘123456’ or ‘password’, is making it too easy for cybercriminals. There are now a multitude of platforms that can generate strong, difficult-to-guess passwords with upper- and lower-case letters, numbers and symbols. Although we can also create them ourselves, it’s important to remember to use different combinations for each service.
- Learning how to recognise phishing: when an attacker sends a phishing email, there are usually some common identifiable traits such as misspellings or the fact that it asks for credentials to be entered. A company will never ask for a customer’s credentials on email. If in doubt, always go to the official page or platform of the company you want to access.
- Always keeping software updated: it is always advisable to update to the latest version of a company’s software as this is the way that they correct security errors of previous versions.
“Cybersecurity Awareness Month is an important time to not only raise awareness of cyber-safety but to drive real action among individuals. Most cyberattacks occur because of human error so it is in our hands to improve cybersecurity, both at home and at work. This is an essential activity in which we all have a part to play,” says Pankaj Bhula, Regional Director for Africa at Check Point Software. “The term ‘If you are not part of the solution, you are part of the problem’ fits perfectly when it comes to cybersecurity and users.”
World Bank has raised Nigeria’s target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting confidence in the country’s progress despite earlier setbacks.
The ID4D project, launched in February 2020 with a $430 million budget, aims to establish an inclusive digital identity system to facilitate access to services, financial inclusion, and participation in the digital economy.
Nigeria has gotten $228.59 million from the $430 million earmarked for the Digital Identity for Development (ID4D) project, which was meant to facilitate the enrolment of 148 million National Identification Numbers by June 2024.
Nigeria failed to meet the enrollment target of 148 million by June 2024, and the World Bank agreed to extend the $430 million facility for the project until 2026.
In a new document detailing the terms of the restructuring, the World Bank noted that the project disbursement rate stood at 53.16 per cent as of November 2024.
The project’s total financing amounts to $430 million equivalent, $115 million of which are from the World Bank’s IDA, $100 million equivalent from the French Development Agency (AFD), and $215 million equivalent from the European Investment Bank (EIB).
The bank disclosed that, so far, 53.16 per cent of the fund has been disbursed but added that Nigeria has made significant progress toward fulfilling the final disbursement condition, which is the amendment of the NIMC Act to promote an inclusive and non-discriminatory legal and regulatory framework.
According to the latest restructuring document, the new target is part of a two-phase extension plan to support Nigeria in completing critical project milestones and expanding its reach to underserved populations.
The National Identity Management Commission (NIMC) has issued 115 million NINs as of October 2024, a significant achievement but still shy of the original June 2024 target.
The World Bank emphasised the importance of closing the existing gap, particularly for vulnerable groups such as women, persons with disabilities, and disadvantaged communities.
To accelerate progress, Nigeria secured a six-month extension earlier this year to design and launch a new national identity management system built on open-source, scalable, and interoperable architecture. Having met this condition, a second-stage extension for an additional 24 months is now proposed, pushing the project’s closing date to December 2026.
The restructuring also prioritises legal reforms, including amendments to the NIMC Act and the introduction of critical bills to bolster Nigeria’s digital economy.
The NIMC Act amendment, which has already passed two readings in the National Assembly, aims to create a non-discriminatory regulatory framework, with final approval expected by February 2025.
Ozi (www.ozionline.com), a pioneer community-driven delivery app, launches, offering users a new way to send packages and earn extra cash.
L-r: Co-Founders of Ozionline.com: Ikenna Ani (CEO), Azubike Augustine (COO) and Engr. Christian Chime (CTO)
By connecting people traveling with those needing package delivery, Ozi turns everyday trips into profitable opportunities, aiming to disrupt the global parcel delivery industry, also known as the Courier, Express, and Parcel (CEP) market, currently valued at around $460 billion.
Imagine this scenario – You’re traveling to Abuja from Lagos and have empty space in your car. With Ozi, that unused capacity can earn you extra cash by delivering a package along the way. Or maybe you’re a small business owner who needs to send a package to another state but balk at the high cost of courier services.
With Ozi, you can find a verified traveler heading in the right direction to handle your delivery, Engr. Christian Chime, Ozi’s co-founder and CEO, said during the startup launch held at Four Point by Sheraton, Victoria Island, Lagos.
“Why travel empty when you can earn?” asks Engr. Chime said. “Ozi allows travelers to make the most of their journeys while helping others get their packages delivered with ease.”
“This simple yet powerful idea leverages the daily movements of millions of Nigerians to create a logistics network that is fast, affordable, and efficient.
“Ozi’s unique approach leverages the everyday movement of travelers to bridge this gap, creating a system where everyone benefits”.
He said that the choice of Nigeria as the first launch-location for Ozi was due the potential the country holds in the parcel delivery sub-sector.
“Actually, we had the opportunity to launch OZI in another country outside Nigeria but for our thrust in the Nigerian dream and its potentials made us choose the country as the first to witness Ozi’s innovation”, Engr. Chime said.
“Travelers can now monetize their journeys by delivering packages along their routes, while senders gain access to an affordable and convenient alternative to traditional courier services”.
Ozi combines convenience, innovation, and community to deliver a win-win solution for Nigerians. From quick intra-city deliveries to long-distance trips, Ozi offers an affordable, efficient solution for all.
Whether you’re a traveler looking to earn on your trips or a sender seeking a reliable delivery option, Ozi offers a solution that works for everyone.
In the words of Azubuike Augustine, the co-founder and Chief Technology Officer of Ozi, “Ozi’s mission goes beyond simplifying package delivery. The app represents a broader effort to create shared value for all stakeholders in the logistics process.
“By connecting senders and travelers, Ozi creates a win-win scenario where costs are reduced, trust is built, and income opportunities are created”.
“Ozi prioritizes safety and transparency. Every user, whether sender or traveler, undergoes a comprehensive verification process that includes ID checks and phone number authentication. This ensures that all participants in the system are trustworthy and accountable”.
To enhance security further, the CTO said that Ozi offers real-time tracking for all transactions. Senders can monitor their packages throughout the delivery process, ensuring peace of mind. For high-value items, optional insurance coverage provides an added layer of protection, reinforcing Ozi’s commitment to reliability.
“At Ozi, we understand that trust is critical in logistics,” the Azubuike added. “That’s why we’ve built a platform where every step is designed to safeguard both the traveler and the sender.”
“Ozi is more than an app; it’s a community where everyone wins,” said Ikenna Ani, co-founder/COO of Ozi.
“From today, travelers across the globe can sign up through www.ozionline.com and start making every trip count”, he said. “We have put measures in place to ensure only genuine and verified travelers or senders use the platform. Security is primary for us”.
Ikenna added that the app will be released on Google Play Store and Apple (iOS) on January 1, 2025. Ozi Live on Instagram | Facebook.
Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.
Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.
The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.
As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.
This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.
With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style
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