Cybersecurity

5G signal

Vietnam’s top carriers avoid Huawei 5G gear, citing security concerns

Concerns over the security of Huawei 5G networking hardware have spread to an unexpected country — Vietnam — where mobile carriers are reportedly excluding the embattled Chinese company’s gear from their launch of 5G services.
A suspect of cyber fraud, Oseghale Collins, was on Tuesday arrested by operatives of the Economic and Financial Crimes Commission, EFCC, Benin Zonal Office at his hideout in Benin City, Edo State.

EFCC arrests cyber criminal, two others in Benin

A suspect of cyber fraud, Oseghale Collins, was on Tuesday arrested by operatives of the Economic and Financial Crimes Commission, EFCC, Benin Zonal Office at his hideout in Benin City, Edo State.

Expert: How indiscriminate Internet usage exposes children to pornography

An education technology startup, Mrs Deola Eka, on Tuesday in Lagos said that indiscriminate usage of Internet connectivity through phones and other gadgets was responsible for early exposure of children to pornographic contents.
A huge cache of unsecured biometric credentials and personal information has been discovered by security researchers, The Guardian reports.

Huge security flaw exposes biometric data of more than a million users

The breach, which was discovered by researchers Noam Rotem and Ran Locar alongside vpnMentor, included the fingerprint data of more than 1 million people, facial recognition information, unencrypted usernames and passwords, and other personal information of users of Suprema’s Biostar 2 security platform.

VP Osinbajo’s Twitter page unverified following hack attempt

Micro-blogging social network, Twitter, unverified the account of Vice-President Yemi Osinbajo.
Police in the Philippines are investigating the imageboard 8chan, which has been accused of creating a safe space for far-right mass shooters, according to The Wall Street Journal.

8chan is under police investigation in the Philippines

Police in the Philippines are investigating the imageboard 8chan, which has been accused of creating a safe space for far-right mass shooters, according to The Wall Street Journal
A 34-year-old man has been accused of paying AT&T employees thousands of dollars over the course of five years to unlock millions of phones tied to the company’s network

DOJ: Hacker paid AT&T employees thousands of dollars to unlock millions of phones

A 34-year-old man has been accused of paying AT&T employees thousands of dollars over the course of five years to unlock millions of phones tied to the company’s network. The Department of Justice says that Muhammad Fahd, who has been extradited to the US from Hong Kong, paid one employee over $420,000 over five years to unlock the phones.
Google security researchers have discovered a total of six vulnerabilities in Apple’s iOS software, one of which the iPhone manufacturer has yet to successfully patch

Google discovered several iPhone security flaws, and Apple still hasn’t patched one

Google security researchers have discovered a total of six vulnerabilities in Apple’s iOS software, one of which the iPhone manufacturer has yet to successfully
An investigation by The Washington Post has uncovered a dozen accounts, pages, and groups across Facebook and Instagram which misleadingly claim to be official hubs for Libra, Facebook’s proposed digital currency.

Libra scams are already proliferating on Facebook

An investigation by The Washington Post has uncovered a dozen accounts, pages, and groups across Facebook and Instagram which misleadingly claim to be official hubs for Libra, Facebook’s proposed digital currency. In some cases these pages, which were only removed after WaPo reported them to Facebook, offered to sell Libra at a discount through third-party websites.

Equifax agrees to settlement of up to $700 million over 2017 data-breach

“This company’s ineptitude, negligence, and lax security standards endangered the identities of half the U.S. population,” New York Attorney General Letitia James added in a statement to Reuters.
hacking

Russia’s secret intelligence agency hacks in ‘largest data breach in its history’

Hackers have successfully targeted FSB—Russia’s Federal Security Service and managed to steal 7.5 terabytes of data from a major contractor, exposing secret FSB projects.
A number of Nigerian celebrities have jumped on the viral ‘FaceApp’ which alters users’ photos to make them look older or younger.

Nigerian celebrities jump on viral FaceApp amidst global privacy concerns

A number of Nigerian celebrities have jumped on the viral ‘FaceApp’ which alters users’ photos to make them look older or younger.
Chuck Schumer

US Senator Schumer calls for security probe into Russia’s FaceApp

U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into FaceApp, a face-editing photo app developed in Russia, in a letter sent on Wednesday.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

Facebook tells US Congress how it thinks its cryptocurrency Libra should be regulated

Facebook will not launch the cryptocurrency Libra until it has “fully addressed regulatory concerns,” according to David Marcus, the head of Facebook’s Calibra. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee.

NCC vows to checkmate cyber crime

The Executive Vice Chairman of the Nigerian Communication Commission (NCC), Professor Umar Danbatta, has declared in Kano,that the issue of Cyber Crime in the country would soon come to an end,as punitive measures are been put in place to checkmate the trend.
Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.

Bitpoint cryptocurrency exchange loses $32 million in hack

Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.
hacking

Hackers steal call records from cell providers in ‘massive-scale’ espionage

The attack has been dubbed “Operation Softcell” by Cybereason, the security research firm that discovered it. It’s sophisticated enough that the firm believes there’s a “very high probability” it’s state-backed
hacking

Hackers hit global telecoms companies in espionage campaign

Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns.

Recent Stories

Flour Mills of Nigeria (FMN) has unveiled plans to spend about N34 billion over the next 10 years to develop Sunti Community in Niger State, hosting of one of its sugar plants – Sunti Golden Sugar Estates (SGSE).

Flour Mills earmarks N34 billion in Niger

Flour Mills of Nigeria (FMN) has unveiled plans to spend about N34 billion over the next 10 years to develop Sunti Community in Niger State, hosting of one of its sugar plants – Sunti Golden Sugar Estates (SGSE).
World Bank Group President David Malpass

World Bank: Development partners pool $53 billion to fight poverty in Africa

A coalition of global development partners has announced $82 billion commitment for the International Development Association (IDA), the World Bank’s fund for the poorest, to maintain momentum in the fight against extreme poverty.

Central bank targets forex earnings from artificial intelligence, software development

Briefing the media Saturday in Ogere, Ogun State, after the Bankers’ Committee Retreat, the CBN Governor, Mr Godwin Emefiele, said the initiatives are in consonance with theme of the event, ‘Delivering increasing Growth through Digital Finance for the Nigerian Economy.’

Afreximbank president speaks at 4th South East economic summit

President of Afreximbank, Professor Benedict Oramah, will deliver the keynote address on the theme: “Financing South East economic development and improving the Ease of Doing Business in the South East”, on Friday at the 4th South East Economic Summit (SEES) holding in Enugu.
Gbenga Omotoso

Lagos: Blue rail line to commence operation next year

Lagos State government on Sunday gave an assurance that by December 2020, the Blue Rail Line project will come on stream and will be fully operational in the next two years from Mile 2 to Marina in its aggressive drive to address the transportation problem in the state.