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Safeguarding Your Business from Cybercrime

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From malware to phishing and from hacking to theft of data storage devices, the risks of falling victim to a security gap are continually growing. If you are an African entrepreneur, you must prepare yourself to compete in the digital economy by protecting your business from cyber-crime.

According to the 2016 Cyber Security Report from Serianu, Kenyan organisations are losing around Sh17.5 billion a year to cyber-crime – a dramatic increase from Sh15 billion in last year’s report.

In South Africa, according to international research from Kaspersky Lab and B2B International, over half (53%) of the respondents have come across or been targeted by malware.

The consequences of falling victim to an information security gap can be severe, including legal liability, financial losses, irreparable damage to customer’s trust in your business, and loss of confidential company data.

Here are some ways you can protect your business by following some basic good practices:

Trust the Cloud
Cloud computing can be more secure than traditional IT. Established cloud suppliers invest vast amounts of money into securing their applications and have technology infrastructures beyond the means of any small business.

Thus, the cloud provider is better equipped to handle malware, hackers, DDOS attacks, and all the common cybercrime threats and nuisances of the information age.

There’s also less risk of losing data stored on a laptop or a USB stick because everything is stored in the cloud and not on devices that could be lost or stolen.

Cloud allows customers to control their business from wherever they are. For businesses to be able to improve their security and integrity of their data is highly important in a world where cybercrime is slowly taking over.

Educate Your End-Users About The Basics Of Information Security
For example, make sure they know why they need to choose strong passwords and that they are alert to the dangers of phishing emails designed to persuade them to give their log-in details to people with criminal intentions.

Install Antivirus And Anti-Malware software on your laptops and desktop computers: Keep it up to date with the latest software to ensure that your data and applications are always protected.

Get Serious About Mobile Security
Lock your device behind a PIN code or password when not in use so hackers or thieves can’t access your data. Also, most mobile devices today allow you to track their location or remotely wipe data. It’s a good idea to enable this functionality in case the device goes missing.

Keep Software Up To Date With Security Patches
When it comes to desktops and notebooks, be sure to keep your operating systems and browsers up to date with the latest security patches.

Where Your Cloud Provider Allows It, Enable Two-Factor Authentication
For example, you could set your account up to ask for a code sent to you by SMS when you log in or use a fingerprint in addition to a password.

Be Careful About Where You Log Into Cloud Services:  Be wary of unsecured public Wi-Fi networks.

Enforce Strong Passwords And Keep Them Secret:
Cloud services can usually be accessed through any device connected to the public network. You will authenticate yourself to the service with a username and password.

Protect yourself by choosing a strong password that is difficult to guess, but easy for you to remember. Don’t use the same password on multiple accounts.

Use a password of at least 16 characters including at least one number, one uppercase letter and a special symbol. It is also better to avoid the names of family, friends or pets.

Anton van Heerden, Executive Vice President for Sage Africa & Middle East

 


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E-Business

ISDL Achieves IMS Certification

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Integrated System and Devices Limited (ISDL), a major provider of electronic security solutions, is delighted to announce the successful attainment of ISO 14001:2015 and ISO 45001:2018 certifications following a rigorous audit process conducted by Bureau Veritas Certification Holdings SAS-UK Branch.

ISDL Achieves IMS Certification

In 2021, ISDL bagged the Quality management systems ISO 9001:2015, and now in 2024, with unwavering dedication to customer satisfaction, the occupational Health and Safety system ISO 45001:2018 and the Environmental management system ISO 14001:2015 have been consolidated to form an Integrated Management System.

These certifications, covering ISDL’s headquarters and branches, signify the company’s unwavering commitment to upholding the highest standards of quality management across all facets of its operations.

According to Oluseun Mabogunje, managing director of ISDL, the scope of the certifications encompasses the design, procurement, supply, installation, integration, maintenance, and after-sales support of various electronic security and Extra Low Voltage (ELV) equipment.

Mabogunje expressed his elation at receiving the IMS certifications, emphasizing ISDL’s dedication to delivering exceptional quality and service to its clientele. He emphasized that this achievement underscores the company’s ongoing pursuit of continuous improvement and customer satisfaction.

 

 

 


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Cybervergent’s Q1 2024 Report Reveals Rising Threat of Remcos RAT Malware in Financial Sector

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Cybervergent, a foremost technology company providing automated cybersecurity solutions, in its Quarterly Brief has revealed a troubling trend in the financial sector that shows a spike in attacks utilising the deceptive Remote Control and Surveillance Access Trojan (Remcos RAT) in Q1, 2024.

The findings affirm a stark forewarning to the financial institutions and organisations in the African continent, urging heightened vigilance and proactive measures to mitigate potential escalating risks.

Previously marketed as a legitimate software, Remcos got co-opted by malicious actors and is now a prevalent tool in cybercrime campaigns. This remote access tool grants attackers hidden entry into victims’ devices, allowing them to seize control, pilfer sensitive data, and even introduce stealth backdoors to compromise entire systems. The capabilities of Remcos are diverse and frightening, ranging from disabling vital security features like User Account Control (UAC) to covertly recording user activities.

“As vigilant cybersecurity gatekeepers, we have observed a significant surge in attacks leveraging the Remcos RAT malware,” said Gbolabo Awelewa, the Chief Solutions Officer, Cybervergent. “Financial institutions are particularly targeted due to the sensitive nature of their data and assets. Organisations must remain diligent and adopt proactive monitoring measures to safeguard against such threats.”

The proactive approach adopted by Cybervergent’s Cyber Operations Centre involves meticulous analysis of attacker tactics, constant updating of threat intelligence, and implementing robust endpoint security solutions. These measures are designed to detect, prevent, and neutralise Remote Access Trojans like Remcos, ensuring the continued security and compliance of organisations in the face of evolving cyber threats.

“Our mission is to fortify our clients’ defenses and ensure the seamless operation of their organisations,” added Gbolabo. “By staying ahead of emerging attack vectors and vulnerabilities, we empower businesses to take proactive measures and protect their valuable assets.”

Looking ahead, Adetokunbo Omotosho, Chief Executive Officer of Cybervergent emphasised the firm’s focus on empowering organisations to navigate the complexities of cybersecurity and compliance with dexterity and confidence.

“Cybervergent’s Assurance and Compliance Team has demonstrated unparalleled leadership in the cybersecurity domain, achieving significant milestones and delivering transformative solutions. Our journey through Q1 reflects a deep commitment to advancing the state of cybersecurity compliance, paving the way for a secure and resilient digital future for organisations in Africa and across the world”, he added.


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Konga Launches Free Same Day Deliveries on Starlink, Apple & Samsung Nationwide

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Konga, the only authorised shop-in-shop for Starlink Internet kits in Nigeria, is offering its customers free same day delivery across all major cities in the country.

With prices of Starlink Internet kits slashed by 50%, Konga is delivering additional value so that both homes and businesses in urban and remote places can enjoy infinite possibilities with their internet on both their standard and enterprise installations. This offer which is available both online and in its retail stores nationwide is exclusive to new and existing customers this month.

With the improvement in prices on both original standard and enterprise Starlink kits, customers can now enjoy a global warranty and direct installation services by purchasing only on Konga.

Since the launch of the partnership with the Elon Musk owned satellite internet provider, Nigerians have continued to celebrate the uninterrupted supply of fast and efficient cyber network services from the authentic devices available on Konga.

In addition to Starlink, other unique items from leading global companies such as Apple, HP, Lenovo, Samsung, Zinox, Philips, Intel and many more are available at unbeatable discounts in the Konga Tech Month from the 1st and will run till the 31st of May 2024.

The Konga Tech Month was extended from its traditional 7day promotion to 30days to give more people access to exclusive deals throughout the month. To enjoy these mouthwatering offers, visit konga.com or any of its physical outlets today.


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