Malware variety grows by 13.7% in 2019 due to web skimmers
Activities of cyber criminals through the use of malware rose by 13.7 per cent in 2019.
Huawei pushes 5G in SEAsia, brushing off 'tech war' with US
Chinese phone giant Huawei said Sunday it was ready to roll out 5G infrastructure across Southeast Asia, dismissing US warnings its tech could be used to hoover up data for Beijing.
Experts urge implementation of national cyber security policy & strategy
Worried by the absence of a coordinated approach in the fight against cybercrimes, information and communications technology experts hare seeking the revival of National Cybersecurity Policy and Strategy document.
Cybersecurity experts decry low attribution, deterrent of attacks
Cybersecurity experts have attributed high level of cyber -attacks in Nigeria and other Africa countries to low attribution and deterrent, warning that unless regulatory authorities step up policies aimed at increasing attribution cyber- attack will remain endemic for long. William Makatiani, managing director, Serianu, told Nigeria CommunicationsWeek that cyber attacks in Nigeria and Africa will…
Leveraging multi-stakeholder benefits process to cybersecurity policy in Nigeria
Cybersecurity is a critical subject globally, in Nigeria the issue became important as Nigeria grappled with the scourge of cybercriminals popularly known as Yahoo Yahoo at the turn of the Millennium. While the innovations that birthed the likes of Facebook, Google, Apple, Huawei and other forms of innovative technology were being celebrated all over the world, Nigeria was grappling with managing its image. It appears many young people in Nigeria have sadly embraced the negative side of technology and are becoming renowned worldwide as cybercriminals.
BBBS, Barac partner on enterprise fraud & cybersecurity solutions
In a bid to provide real time monitoring and detecting of enterprise fraud and cyber-attacks, Best of Breed Business Solutions (BBBS) has partnered Barac in providing Barac solution to Nigerian Banks and telcos. Omar Yaacoubi, chief executive officer and co-founder, Barac, said at an event to unveil the solution to Nigerian banks in Lagos that…
Legal framework hobbles cybersecurity efforts
Cyber security stakeholders have expressed concerns over lack of clear legal framework in the country in the fight against cyber- attacks, Nigeria CommunicationsWeek has been told.
Increasing oil production to push intelligent completion market to $2.16b
There are indications that the global intelligent completion market, currently standing at about $1.61billion, will hit $2.16billion by 2023, at an annual growth rate of 6.05 per cent. Intelligent completion is a process where permanent downhole sensors and surface-controlled downhole flow control valves are integrated to enable users monitor, evaluate, and actively manage production (or…
Banks get order to officially report cyber incidents
Effective August 1, 2018, all deposit money banks and payment service providers shall report all cyber incidents, whether the attempt was successful or not and immediately.