Telecom
PAFON 2.0: Tizel Cybersecurity Calls for Vigilance over Surge in AI-Powered Fraud
Tizel Cybersecurity has urged firms in the financial sector to adopt advanced tools, partnerships, and training to stay ahead of artificial intelligence (AI-driven) fraud.
Happiness Obioha, Tizel Cybersecurity CEO
Happiness Obioha, the Chief Executive Officer, gave the advice while speaking on AI-powered identity theft and payment fraud, at the Payments Forum Nigeria [PAFON 2.0] held in Lagos, recently, she said the rapidly growing threat can no longer be ignored by businesses, especially those in the payment space.
She said while AI continues to transform the way people live and work, it also introduces new security vulnerabilities that threaten the very systems users aim to enhance.
Obioha referred to the latest Microsoft Cyber Signals report which highlighted a rise in AI-assisted scams targeting online shoppers using payments channels.
She warned that scammers are increasingly using AI to create more convincing fraudulent schemes.
In her words: “From deepfakes and synthetic identity fraud to real-time payment exploitation through bot attacks, cybercriminals are using AI to create smarter, more evasive fraud schemes. This is why security must be at the forefront of AI integration. Without a fortified environment, even the most innovative technologies risk becoming liabilities.
“At Tizel Cybersecurity, we’re not just observing this evolution—we’re actively shaping the future of secure innovation. We provide AI-driven security solutions that detect and prevent fraud in real-time, protect against identity theft, and ensure safe digital interactions across financial and business platforms.
“Our services include real-time threat detection and response, AI-based biometric authentication, fraud prevention using behavioral analytics, next-generation firewall and intrusion prevention systems, and comprehensive cybersecurity training designed to build a strong culture of security.
She further stated that Tizel Cybersecurity has readied its team to support businesses by delivering proactive, intelligent, and adaptable security infrastructures—“because staying ahead of cybercriminals is not a one-time effort; it’s a continuous journey”.
“As we leverage AI to drive inclusion and customer experience, let’s also prioritize security at every step. The question isn’t whether threats will come—it’s whether we’re prepared when they do”, she said.
As both a sponsor and participant at PAFON 2.0, she said they were excited to join industry leaders to explore the theme: “Bridging the Customer Experience Gap for Financial Inclusion Using AI.”
The Payments Forum Nigeria (PAFON) is a platform for discussing and addressing issues related to the Nigerian payments ecosystem.
It’s a cross-industry event that brings together industry leaders, policymakers, fintech innovators, and other stakeholders to discuss topics like digital payments, cybersecurity, and financial inclusion.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
X, the social media platform formerly known as Twitter, has suspended the @Twitter account, replacing its profile with a standard notice citing violation of platform rules.
Musk
The action, which occurred on Sunday, January 11, left users encountering the handle greeted by a bold “Account Suspended” message on a black screen, with no details provided on the specific rules broken or the duration of the suspension.
The development has sparked widespread confusion and nostalgia among users, given that Elon Musk rebranded Twitter to X in July 2023, approximately six months after acquiring the platform for $44 billion in late 2022.
The @Twitter handle had remained dormant since before Musk’s takeover, serving as a legacy remnant of the platform’s original branding, and its suspension appears to mark the final erasure of the Twitter name amid X’s ongoing efforts to combat spam, impersonation, and rule violations.
X’s official statement on the suspended page simply reads: “X suspends accounts that violate our rules,” without offering an appeal process or further explanation, unlike standard user suspensions.
Public reactions on social media ranged from humorous laments of “RIP Twitter” to speculation that the move resulted from automated moderation or a deliberate cleanup of legacy trademarks.
xAI’s Grok AI described it as a purposeful retirement of outdated elements rather than a genuine infraction, while neither Elon Musk nor X spokespeople issued any comment as of Monday morning.
This incident underscores the evolving identity of the platform under Musk’s ownership, which also saw a domain shift to x.com in 2024, further distancing it from its Twitter roots.
Industry observers note that while the suspension aligns with X’s stricter enforcement policies, the lack of transparency has fueled debates on consistency in applying rules to high-profile legacy accounts.
Ecobank Joins Trillion-naira Club for the First Time in 20 Years
PalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
Nigerian Terra Industries Secures $11.8m for Expansion
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk
SHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence
Banks quietly move to enforce new ₦50 transfer levy from Jan. 1
FIRS says NIN, CAC Numbers to Serve as Tax IDs from 2026
Nigeria Takes the Lead in the Global WSIS+20 Digital Agenda
Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack
PalmPay Launches N400 Million World Travel Carnival, Rewarding Users with Free Global Trips
News3 days agoSERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion
General News3 days agoMinistry of Finance Leads FG-Backed Deal to Deliver Quality Homes and Boost Agriculture in Niger State
E-Financial3 days agoNDIC Declares Second Liquidation Dividend for Heritage Bank Depositors
Telecom3 days agoFG Plans to Invest $460m World Bank Loan in Fibre Infrastructure
News3 days agoAI Founders and Developers to Converge in Lagos for AI in Action 2026 conference
News3 days agoFG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge
E-Financial2 days agoWema Bank Upgrades ALAT Banking App
Telecom2 days agoX Suspends Twitter Account for Rules Violation