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Cybersecurity

Hackers steal $30m from bitcoin exchange

Hackers stole more than $30 million worth of cryptocurrencies from South Korea’s top bitcoin exchange, sending the unit’s price falling around the world on Wednesday.

Software engineer ‘who leaked CIA secrets to WikiLeaks’ in trouble

The United States has filed charges against a software engineer who allegedly leaked a trove of classified documents pertaining to the CIA’s hacking programme to whistleblower outfit WikiLeaks.

Apple steps up encrytion to thwart police cracking of iPhones

Apple said Wednesday it was strengthening encryption on its iPhones to thwart police efforts to unlock handsets without legitimate authorization.

Expert advocates block chain technology to curb tax fraud

The Chief Executive of Kurecion Foundation, Mr Abikure Tega, has called for the use of block chain technology to address fraud in the country´s taxation system.

Reports: Chinese hackers steal US navy data from contractor

Chinese government hackers breached a US naval contractor and made off with more than 600 gigabytes of data, American officials speaking to two US media outlets said.

Man arraigned for ‘hacking’ into Ecobank’s App

A 28-year-old suspected fraudster, James Nwagalezi, was yesterday, arraigned before a Lagos Magistrate’s Court for allegedly conniving with Okoli Nmesoma, already facing trial, to hack into the mobile app account of Eco Bank Plc and unlawfully withdrawing the sum of N207 million.

Visa outage over after transaction chaos across Europe

Payment systems giant Visa recovered on Saturday from a hardware issue that had left it struggling to process transactions at bars, shops and cash machines across Europe.

Visa payment system hit by outage in Europe

Visa said on Friday that a “service disruption’’ had hit its payment system, leaving some businesses unable to process purchases by its cardholders.

Suspected Yahoo hacker gets five years in prison

A man accused of taking part in devastating cyber attacks on Yahoo for Russian intelligence agents was sentenced Tuesday to five years in prison in a plea bargain with prosecutors.

Cambridge Analytica is shutting down

Cambridge Analytica, the data analytics firm that was reported to have improperly obtained the Facebook data of up to 87 million Facebook users, is shutting down. Nigel Oakes, the founder of SCL Group, Cambridge Analytica’s British affiliate, first told the Wall Street Journal that both companies were shutting down.

Nigerian hackers steal thousands of dollars from shipping firms

Nigerian hackers, grouped as Gold Galleon, are menacing shipping firms and bleeding them of thousands of dollars.
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Yusuf Kazaure: Combating cyber-crime requires enlightenment

The Managing Director of Galaxy backbone, Mr Yusuf Kazaure, has identified continuous education as the best approach to combat cyber-crimes.

NITDA embarks on cyber security awareness programme

The National Information Technology Development Agency (NITDA), has begun to organise workshops, capacity building and inter-agency collaborations to consolidate on nationwide cyber security awareness.

Kaspersky publishes open letter revealing Twitter banned its ads

Twitter Inc. said on Friday that it has banned ads from Moscow-based Kaspersky Lab, saying the cyber-security company’s business model conflicts with advertising rules and citing U.S. government claims that Kaspersky has ties to Russian intelligence agencies.

Nigerian Microsoft engineer faces cyber theft charge in Florida

A Nigerian-born Microsoft network engineer, Raymond Uadiale, is facing FBI charges in Florida for helping launder cash obtained from victims of the Reventon ransomware.

UK, US warn of Russia’s ‘malicious cyber activity’

Britain and the United States on Monday released a rare joint statement warning of “malicious cyber activity” carried out by the Russian state.

Cyberattackers hit Iran, leave US flag on screens

Cyberattackers have hit networks in a number of countries including data centers in Iran where they left the image of a U.S. flag on screens along with a warning: “Don’t mess with our elections”, the Iranian IT ministry said.

India defence website ‘hacked’, three others down

India’s defence minister said the department website was hacked on Friday, with the web portals of at least three other government departments including the interior, law and labour ministries also appearing to be down.

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Kawu Baraje: We will leave APC with or without Senator Saraki

The former Chairman of the new Peoples Democratic Party (nPDP), Alhaji Abubakar Kawu Baraje, has said that members of the party and the supporters of the Senate President, Dr Bukola Saraki, have decoded to dump the ruling All Progressives Congress (APC) with or without the senate president, even as he described the juicy appointments being offered them by the presidency as an embarrassment.