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Cyber Threats: NITDA Alerts Nigerians on Petya Ransomware Attack

*‘Petya’ ransomware or ‘GoldenEye’, not only encrypts files but also encrypts hard drives, rendering entire computer system inaccessible * Attack has paralysed businesses across the world and is spreading quickly IT NEWS NIGERIA: The management of National Information Technology Development Agency (NITDA) announced today it would like to bring to the attention of Nigerians on another deadly cyber-attack, similar to ...

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6 Ways To Stay Safe On Public Wi-Fi

CONTRIBUTED: With data connection rates still comparatively pricey in Nigeria, Wi-Fi hotspots are often a source of joy for most smartphone/device users in need of some free Web browsing or social media time. The benefits of free Wi-Fi access such as the ease of connectivity and opportunity to conserve cellular data makes it a common occurrence for most users to ...

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Cyber Security Group Plans Training For Journalists

* Hold 9.am on Friday, June 23, 2017 at the Sheraton Hotels Ikeja, Lagos IT NEWS NIGERIA: National Cyber Security Awareness Movement (NASCAM); a not for profit organisation, is organizing a Master Class programme for Nigerian journalists according to a statement signed by its Director of Communication, Olubayo Abiodun. This is to acquaint practitioners with the provisions of the Cybercrime ...

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5 Ways To Protect Your Devices From Wannacrypt ‘Pandemic’

Contributed: With the world reeling from the WannaCrypt attack – an ongoing cyber-attack of the WannaCry ransomware computer worm targeting the Microsoft Windows operating system – fears are rife that the viral attack may soon spread to Nigeria, with dire implications for individuals and businesses whose devices are compromised. Described as unprecedented in scale, the attack which started on Friday ...

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ESET Advises Nigerian Companies on ‘Jaff / WannaCryptor’ Ransomware

IT NEWS NIGERIA: For any suspicious emails, ESET strongly advised “Do not open”, indicating the Company is aware of several ransomware outbreaks that stem from malicious emails that can be used to introduce threats to your system. ESET identifies these threats as Filecoder.WannaCryptor and Filecoder.NLI (Jaff), and ESET detects and blocks these threats and their variants and advised readers to ...

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Why Ponzi Schemes Thrive Despite Risks – Yudala

Contributed: Largely unheralded for a long time, Ponzi schemes came to the consciousness of the entire nation in 2016. With the descent of the Nigerian economy into its first full depression in over two decades, many embraced the rise of these money-spinning schemes as a way out. At the height of its fame, Mavrodi Mundial Movement (MMM), one of the ...

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Ikeja Electric Condemns Infrastructure Vandalism At Igando

IT NEWS NIGERIA: Power supply to Igando located in Alimosho local government area of Lagos State, Nigeria has been severely compromised, following a wave of vandalism of electrical installations belonging to Ikeja Electric plc, the company has said. The criminal activities, which has currently plunged over 6,000 households and businesses located in and around Igando into darkness, have largely targeted ...

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Yudala Outlines 7 Cyber-Security Myths That Could Cost Your Business Dearly

IT NEWS NIGERIA: Cyber-security is a major threat to every business today. This reality is amplified by our increasingly inter-connected world which makes dependence on digital services an absolute necessity. Despite the increasing global spend on cyber-security, cyber criminals are still having a field day. In this piece, the Research/Development Unit of Yudala – Nigeria’s fastest growing e-commerce outfit – ...

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Google Docs Users Hit By Phishing scam

Google says it has stopped a phishing email that reached about a million of its customers. The scam claimed to come from Google Docs – a service that allows people to share and edit documents online. Users who clicked a link and followed instructions, risked sending the email on to everyone in their address box. Google said it had stopped ...

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Can Technology and Connectivity disrupt Insurance?

By Tenu Awoonor On my way to the Pinet eInsurance conference hosted in Lagos last week, I asked myself a question. What does insurance have to do with telecom or technology for that matter? Plenty I concluded! According to a Business Day Nigeria article I recently read, the size of the insurance market in Nigeria is approximately $1.6 billion. With ...

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