E-Business
Pantami Confirms Loopholes in IPPIS, TSA, GIFMIS

Professor Isa Pantami, the Minister of Communications and Digital Economy, yesterday said there were loopholes in the Integrated Payroll and Personnel information system (IPPIS), Government Integrated Financial Management Information System (GIFMIS) and the Treasury Single Account (TSA) which are being exploited by evil people to syphon monies.

Pantami, who spoke while inaugurating a technical committee of Ministers and Chief Executive Officers (CEOs) in Abuja, to review the three payment systems said the IPPIS was discovered to be riddled with high errors after critical review by the National Information Technology Development Agancy (NITDA).
“Prior to this meeting, as part of government processes of testing and certifying systems, IPPIS was recently subjected to critical review by NITDA and reported has been submitted to the relevant Ministeries, including the Minister of Finance, Education and Labour and a copy also sent to the presidency.
There is no doubt, we discovered there are high errors. There are challenges with IPPIS there is no doubt about this. Inspire of all the challenges we have recorded, there are high, medium and low errors in these systems.” He stated.
The Minister disclosed that the systems, at the time of deployment did not follow the required NITDA standardization process, IT project clearance and certification but, assured that the committee on the instructions of President Muhammadu Buhari, will ensure that the payment systems are thoroughly accessed and areas of weakness identified for upgrade and improvement.
He said: “Historically, as we all know, these three ICT systems for the first one (IPPIS), the process of its deployment commenced in 2006 while for GISFMIS, it deployed commenced in 2012. While TSA, the process commenced in 2015.
At the time they were deployed, the provision of NITDA act 2006 under section A, of setting the standardization of ICT deployment in federal public institutions were not followed.
Because of this, these three systems were not subjected to government certification and IT project clearance as encouraged by law and many other government policies.
“This committee, will serve as a president committee with the mandate of ensuring the review of the strengths of these systems and the challenges or weaknesses and advice Mr President on how to improve particularly, if there are leakages that are being exploited by evil people.
“The issue came about on the 19th July 2022, we had a meeting with Mr President along with other ministries where some technical issues and some challenges were discussed. I made a presentation and there and then, Mr President directed me to formalize it so that he will approve for further implementation.”
Speaking further, Pantami noted that despite their deficiencies, the ICT systems have recorded some feats and have so far been beneficial to the government in conserving some funds.
According to him, “However, in spite of that, many achievements have been recorded by their deployments. For example, based on the report from the relevant institutions of government, the IPPIS, saved the government over N120 billion naira. While the TSA saved over 10 trillion naira for government.
These records show that at least government has recorded some gains from their deployment, particularly, with the recent allegations coming up that these systems are being exploited by evil people where they syphon money, and we read these allegations from time to time.
It is because of this, after my submission to Mr. President ok this allegations that they should not be ignored and we must identify where the challenges are if any and see how these systems can be enhanced technically so that we be able to consolidate the gains achievers so far and also improve on them to achieve many more successes.”
The Minister listed members of the committee as approved by Mr President to include: Minisiter of Communications (Chairman), Minister of Finance and Head of Civil Service of the Federation.
Others are: Auditor General for the Federation, Chairman, Economic and Financial Crimes Commission (EFCC) and Director General of Bureau of Public Service Reforms.
Also part of the committee are the Director General of NITDA, the Managing Director of Gallaxy Backbone Ltd and the Chairman of National Salaries and Wages Commission.
“While NITDA, looking at it’s mandate will serve as the secretariat. The approval and the directive given by Mr President clearly mentioned that all government institutions that managed these three systems must give unlimited access to the committee to ensure that they come up with a very strong recommendation to Mr President for approval.
“Any institution that fails to give access will be reported to Mr President immediately and in additional addition to that recommendation, a punishment is going to be recommended to Mr President for implementation.” The Minister warned.
E-Business
Firm Reveals a 37% Increase in Malicious Packages Compromising Software Supply Chains

According to Kaspersky telemetry, almost 19,500 malicious packages were found in open-source projects by the end of 2025, representing a 37% increase compared to the end of 2024.

Modern software development is inseparable from open-source components. However, open-source software may contain intentionally hidden threats which can leave the products that use malicious packages vulnerable to manipulation, including supply chain attacks. According to a new Kaspersky global study, supply chain attacks have emerged as the most common cyberthreat facing businesses over the past year.
Kaspersky reminds about high‑profile supply chain attacks that have emerged recently: In April 2026, the official website for CPU-Z and HWMonitor, free tools used by hardware enthusiasts, IT administrators and system builders worldwide to monitor hardware performance was compromised, silently replacing legitimate software downloads with malware-laced installers.
Analysis from Kaspersky GReAT showed that the compromise window was approximately 19 hours. Kaspersky telemetry detected that more than 150 victims across multiple countries faced this attack. The majority were individual users, which is consistent with the consumer-facing nature of the compromised software. Affected organisations spanned retail, manufacturing, consulting, telecommunications and agriculture.
- In March 2026, Axios, one of the most widely used JavaScript HTTP clients, was compromised. The attackers hijacked a maintainer’s account and published poisoned versions of the package (1.14.1 and 0.30.4). The malicious releases contained no harmful code in Axios itself but introduced a phantom dependency that deployed a cross-platform RAT, contacted a C&C server, and then erased traces of itself for macOS, Windows and Linux. Both versions were removed within hours, and the dependency was quickly put under a security hold. Kaspersky GReAT confirmed that the attack was not standalone – it shared tactics, techniques and procedures with Bluenoroff’s GhostCall and GhostHire campaigns, presented at the Security Analyst Summit in 2025.
- In February 2026, the developers of Notepad++, a widely used open-source text and code editor, disclosed that their infrastructure had been compromised due to a hosting provider incident. Kaspersky GReAT researchers discovered that attackers behind the Notepad++ supply chain compromise had used at least three distinct infection chains and targeted a government organisation in the Philippines, a financial institution in El Salvador, an IT service provider in Vietnam and individuals across several countries.
“According to our survey, 31% of enterprise businesses have been impacted by a supply chain attack in the past 12 months. Nevertheless, the security level of open‑source projects is not necessarily lower than that of proprietary-vendor solutions. In some cases, an active open‑source community can quickly discover and remediate vulnerabilities, whereas proprietary systems often rely on internal teams for audits.
The open‑source community strives to monitor emerging risks, cybersecurity specialists conduct researches to find vulnerabilities and malicious code in open‑source software, promptly notifying their users and the community. Completely eliminating the potential risks is impossible, but they can be minimised also with the help of security solutions and automated code‑analysis tools,” comments Dmitry Galov, Head of Kaspersky GReAT Russia and CIS.
E-Business
Data Privacy Ignorance Threatens National Security – DKIPPI

Data Knowledge and Information Privacy Protection Initiative (DKIPPI) has warned that widespread ignorance of data privacy practices is exposing Nigeria to serious national security and economic risks amid a rise in ransomware attacks.

Tokunbo Smith, president of DKIPPI, warned on Tuesday in Lagos, that the increasing frequency of ransomware incidents underscores the dangers of weak data protection systems across organisations and institutions.
He described ransomware attacks as a growing threat in which hackers infiltrate systems, demand payments and threaten to leak sensitive data.
Mr Smith said, “The cost of ignorance in data privacy is not just what you lose. It is what you expose. Data privacy has evolved beyond a technical concern to a critical governance and national development issue requiring urgent attention. Ransomware is no longer just cybercrime; it is economic warfare and a governance issue.”
Mr Smith urged both public and private sector leaders to adopt proactive and comprehensive data protection frameworks to safeguard sensitive information and strengthen institutional resilience.
He also called on government at all levels to go beyond punitive responses and implement stronger regulations, enforcement mechanisms, and national cyber resilience strategies.
According to him, DKIPPI will soon release a policy advocacy paper outlining the key risks associated with poor data protection practices.
He said the paper would highlight financial losses, institutional inefficiencies, and threats to national security, while recommending urgent reforms to procurement processes, compliance systems, and governance structures.
Mr Smith added that addressing data privacy gaps was critical to protecting Nigeria’s digital economy and restoring trust in its institutions.
E-Business
Angst as FG Drops $32.8m Fine on Meta for Data Breach

Decision to cancel the $32.8 million fine previously imposed on Meta for alleged data privacy violations was taken as far back as October 30, 2025.

The development has raised concerns over the country’s approach to data protection enforcement and regulatory transparency.
This followed a confidential, out-of-court settlement singed by Nigerian Data Protection Commission (NDPC) with Meta, effectively waiving the fine imposed earlier that year.
This deal, sanctioned by a Federal High Court, resolved disputes over behavioural advertising and user data transfers without Meta paying the penalty.
Recall that the NDPC claimed that it launched investigation in September 2023 that examined Meta’s handling of personal data from more than 60 million Nigerian users.
The NDPC had accused Meta of several breaches, including the absence of explicit consent for behavioural advertising, unauthorised cross-border data transfers, the collection of data from non-users, and the deployment of algorithms that could expose users to financial and health risks.
At the time, the regulator described the penalty as part of efforts to strengthen digital rights protections in Africa’s most populous country, aligning Nigeria with global enforcement trends in the United States, United Kingdom, and European Union, where Meta and other major technology firms have faced multibillion-dollar fines for similar violations.
However, documents from a subsequent settlement indicate that Nigeria reversed its position in October 2025.
Under the agreement, Meta was absolved of the $32.8 million penalty and required only to cover legal fees incurred by the government during court proceedings challenging the NDPC’s final orders.
The settlement was signed on 30 October 2025 and later validated by the Federal High Court in Abuja on 3 November 2025.
Despite this judicial confirmation, the terms of the agreement were not made public at the time, and only recently emerged through disclosed documentation.
The development has triggered questions about transparency in regulatory enforcement, particularly given the scale of the initial allegations and the number of affected users.
Iliya-Ezekiel Ndatse, data protection lawyer, said the outcome weakens regulatory deterrence.
“Removing penalties after such findings reduces the effectiveness of enforcement actions and weakens the credibility of compliance obligations,” he noted.
The case has also drawn comparisons with Nigeria’s previous dispute involving Twitter, now rebranded as X, which was banned in 2021 before the two parties reached a negotiated resolution.
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