Caution: “Bad Rabbit”, a new wave of ransomware hits

A new ransomware campaign has hit a number of high profile targets in Russia and Eastern Europe. Dubbed as Bad Rabbit, this ransomware is primarily attacking targets in Russia, but has also infected computers in Ukraine, Turkey and Germany, said researchers from Moscow-based Kaspersky Lab. Preliminary analysis indicates the malware is professionally developed and incorporates…

Cybersecurity of the power grid – a growing challenge

The power grid has been vulnerable physically for decades. An understanding of the seriousness of an emerging threat to the power grid's cybersecurity has only become as popular as the emergence of the attacks to the industry. The electrical energy industry is probably the most critical national infrastructure sectors. It encompasses sensitive potential targets and…

Importance of cybersecurity to businesses

The modern business environment is quickly evolving towards partial or complete dependence on new technologies. Businesses are adopting innovative technologies in a continuous quest for growth and cost optimization. These technologies in return have highlighted new vulnerabilities and complexities within the corporate ecosystem. Giving a typical example with the use of Internet, mobile, cloud and…

Report: Nigeria’s cybersecurity readiness

As the technology and Internet continues to evolve rapidly the world in response is becoming a global village with almost everything running on the cyber space, affecting most aspects of our lives, enabling growth, dismantling barriers to commerce, and allowing people across the globe to communicate, collaborate and exchange ideas. With this great success, comes…

Implementing big data in the public sector

Data are now woven into every sector and function in the global economy, and the future of businesses will be entirely reliant on available data. Following current trends, large pools of data, when analysed to discern patterns, unlock new insights and make better decisions — will become the basis of competition and growth for organizations…

THE PETYA RANSOMWARE: A follow-up report

In the last report, our team’s investigation identified that the Petya Ransomware was actually discovered in March 2016 when Check-Point reported that it had achieved fewer infections than other ransomware active at the same time. On Tuesday, June 27th, 2017, the Petya ransomware was reported when Ukrainian companies where among the first to be attacked…

Petya ransomware: Another global cyber attack

On the 27th June 2017, our security team spotted a new ransomware called Petwrap, a variant of the Petya malware, that is rapidly spreading across several countries.  It is known to have affected organizations in Russia, Ukraine, Poland Italy, Germany, Belarus and some other European countries. There is currently no indication of this malware variant in…

Layer3 brings together Heads of MDAs to discuss Data Analytics

L-R: Paul Umoru, Head, Analytic and Cybersecurity Business, Layer3, Oyaje Idoko, CEO, Layer3, Engr. Aliyu A. Aziz, Director General, NIMC, Antoinette Edodo, Account Executive, Africa, SAS, Tony Ayabam, Director, Layer3, Ikenna Nwakanma, Account Executive, Africa, SAS and Shawn Pilusa, Channel & Alliance Manager, Africa, SAS Heads of government ministries, department and agencies as well as…

Ransomware: Threat to Businesses Globally

…The Unanswered Questions -By Lois Eko Ransomware is and may still continue to be one of the most devastating cyber threat facing most businesses.  With a global loss likely running to hundreds of millions of dollars, it has definitely been generating some internet buzz in recent times. Malicious attacks are on the rise each day…