E-Business
FireEye Spots $20Bn Hole in IT Security Defenses
Traditional security is no match for today’s advanced targeted attacks aimed at stealing company’s sensitive data and intellectual property said FireEye, a leader in next generation threat protection, stopping advanced malware, zero-day, and targeted APT attacks that bypass traditional defenses.
In other words, attacks and malware are skyrocketing heralding an era that IT security threats have become increasingly complex, sophisticated and targeted, conducted over multiple threat vectors in combination and no organization is immune.
According to FireEye, although companies spend over $20 billion a year on next-generation firewalls, intrusion prevention systems, anti-virus, and gateways, yet still fall prey to APTs using sophisticated tactics, including advanced malware and zero-day exploits.
Nigeria CommunicationsWeek recalled that Total Defense, also a global leader in malware detection and anti-crimeware solutions had reported that the AV-TEST Institute states that it now registers more than 200,000 new malicious programmes every day, with almost 100 million malicious programs seen in 2012—a number that has been increasing every year.
At the same time, the world is becoming increasingly interactive and collaborative, with real time communication among employees, customers and partners, using whatever device come to hand.
“Relying on traditional security measures to catch the bad guy in action or prevent being the victim of a breach doesn’t cut it in today’s threat landscape, and IT teams don’t have the time and resources to address each threat vector in isolation, nor should they have to. Integration, automation and flexibility are today’s security commandments maximizing resource and workforce efficiency and effectiveness without worrying the finance department,” Total Defense found.
Thus, FireEye reported to have developed a solution that plugs the hole that cybercriminals are using to infiltrate networks and steal data; exposes the entire cyber-attack lifecycle from initial exploit to data exfiltration and stops multi-vector attacks with a signature-less, real-time, integrated solution that can detect unknown threats across multiple threat vectors
The Company also reported that ninety-five percent of enterprises and government agencies have already been compromised.
Nigeria CommunicationsWeek also recalled that a certain hacker has been on the neck of the Federal Government of Nigeria, compromising the nation’s official website and other government agencies’ websites.
Just as the Federal Ministry of Information at the weekend said it has regained control of the nation’s official website ‘Nigeria.gov.ng’ after it was hacked by a group of gay activists, Nigeria CommunicationsWeek learnt that as at Monday, the cyber terrorist was threatening to unleash further terror on the site.
The national web portal was allegedly hacked by an Irish hacker who is angered by Nigeria’s stance on homosexuality. The act was an attempt to coerce President Goodluck Jonathan to veto a bill seeking to jail homosexuals.
In a statement signed by Joseph Mutah, press secretary to the Information minister on Friday, the ministry revealed that the same group was responsible for recent attacks on other countries’ official websites.
The attack, the ministry said, was meant as blackmail to pressure these countries into legalising gay activities.
Mutah stated that the Information Ministry is stepping up security on the web portal to prevent future attacks while liaising with security agencies to investigate the security breach.
He admonished those seeking to impose gay rights in the country to legally and constitutionally express their opinions as the Nigerian government will not condone any violation of the law in the name of activism.
Meanwhile, ‘Paddy Hack’, an Irish hacker who claimed responsibility for the attack on Nigeria’s official government threatened more attacks this week.
“A torrent of fury will be unleashed on Nigeria’s government due to the unfair and unjust treatment of homosexuals in their country,” the hacker threatened in a notice on @PaddyHack, the hacker’s handle on social media website Twitter.
But federal ministry of Information said additional measures have been implemented in a bid to stem future attacks by hackers.
E-Business
Elon Musk Seeks $134Bn from OpenAI, Microsoft for ‘Wrongful Gains’

Elon Musk, billionaire Tesla owner, has asked a United States (US) federal court to award him up to $134 billion in damages from OpenAI and Microsoft, stating that the companies earned “wrongful gains” from his early support of the artificial intelligence startup.

Elon Musk,
This is according to a court filing, reported by Reuters.
In filings ahead of a trial expected to start in April in Oakland, California, Musk stated that OpenAI benefited between $65.5 billion and $109.4 billion from his contributions when he helped co-found the organisation in 2015, and Microsoft gained between $13.3 billion and $25.1 billion through its involvement.
He has asked a United States (US) federal court to award him up to $134 billion in damages from OpenAI and Microsoft, stating that the companies earned “wrongful gains” from his early support of the artificial intelligence startup.
This is according to a court filing, reported by Reuters.
In filings ahead of a trial expected to start in April in Oakland, California, Musk stated that OpenAI benefited between $65.5 billion and $109.4 billion from his contributions when he helped co-found the organisation in 2015, and Microsoft gained between $13.3 billion and $25.1 billion through its involvement.
Musk’s legal team argues that his early financial and strategic contributions, including approximately $38 million in seed funding, the recruitment of key personnel, and assistance in connecting founders with contacts, laid the foundation for the later success of OpenAI and Microsoft’s commercial AI efforts.
“Without Elon Musk, there’d be no OpenAI. He provided the bulk of the seed funding, lent his reputation, and taught them all he knew about scaling a business. A pre-eminent expert quantified the value of that,” Musk’s lead trial lawyer Steven Molo told Reuters.
“Just as an early investor in a startup company may realise gains many orders of magnitude greater than the investor’s initial investment, the wrongful gains that OpenAI and Microsoft have earned—and which Mr Musk is now entitled to disgorge—are much larger than Mr Musk’s initial contributions,” the filing said.
Musk, who left OpenAI’s board in 2018 and now leads AI company xAI, alleges that OpenAI violated its founding non-profit mission when it restructured to include a for-profit arm tied to Microsoft’s investment and commercial strategy.
Meanwhile, OpenAI has labelled the lawsuit “baseless” and part of a “harassment campaign” by Musk, and Microsoft’s legal team has said there is no evidence the company “aided and abetted” OpenAI in any wrongdoing.
Both companies have asked the judge to limit what Musk’s expert witness may present at trial, arguing that the damages calculations are unreliable and could mislead a jury.
According to Reuters, Musk’s filing says he may pursue punitive damages and other penalties, including a possible injunction, if the jury finds the companies liable, though it did not specify what form any injunction would take.
E-Business
Nigeria Targeted with 4,622 Cyber-attacks Per Week in December 2025

In December 2025, organisations globally faced sustained cyber pressure, as the average number of cyber-attacks per organisation per week reached 2 027, a 1% increase from the previous month and a 9% increase from December 2024.

This is according to December 2025 Global Cyber Attack Statistics by Check Point Research, the threat intelligence arm of Check Point Software Technologies.
According to the statistics, Latin America was the hardest hit, with companies experiencing an average of 3 065 cyber-attacks per week, a 26% year-over-year increase.
In contrast, Africa saw a decline in attacks, with Nigeria (4 622 attacks per week) and Angola (4 002 attacks per week) being the most targeted countries on the continent.
The report’s findings highlight the evolving cyber threat landscape, with ransomware and GenAI-driven data risks posing significant challenges to companies worldwide.
Ransomware attacks jumped 60% year over year, with 945 publicly reported incidents in December. Qilin was the most active ransomware operator, responsible for 18% of publicly disclosed attacks.
“Ransomware continues to scale through industrialised operations, while unmanaged GenAI usage is creating widespread data exposure at enterprise level,” said Omer Dembinsky, data research manager at Check Point Research.
The report noted the education sector was the most targeted industry globally, with 4 349 cyber attacks per week; followed by government (2 666 attacks per week); and associations and non-profits (2 509 attacks per week).
The widespread adoption of GenAI tools has introduced new cyber security risks, with one in 27 GenAI prompts posing a high risk of sensitive data leakage.
Experts warn that companies must prioritise prevention-first security, real-time AI threat intelligence and strong governance over AI tools to mitigate these risks.
Hendrik de Bruin, head of security consulting at Check Point Software, added: “Strengthening ransomware resilience, deploying AI-powered prevention and enforcing clear GenAI governance will be critical to reducing cyber risk in the year ahead.”
E-Business
Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge.

Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management.
A Security Operations Center (SOC) is a dedicated organisational unit responsible for continuous monitoring and safeguarding of a company’s IT infrastructure. Its core mission is to proactively detect, analyse and respond to cybersecurity threats.
To identify the main drivers, strategic priorities, and potential challenges in SOC planning and implementation, Kaspersky has conducted a comprehensive global study involving senior IT security specialists, managers and directors from companies with 500 or more employees.
All participants operate without a SOC but have plans to establish one in the near future. The study spans 16 countries across APAC, META, LATAM, Europe, and Russia, providing valuable insights into the emerging trends and best practices in SOC development worldwide.
The findings of the research reveal that 50% of companies intend to establish SOCs to strengthen their cybersecurity posture, and 45% are motivated by the need to address increasingly sophisticated and dangerous threats.
Other drivers include budget optimisation, the necessity for faster detection and response, and the expansion of software, endpoints and user devices – factors that demand more comprehensive and layered security measures.
These are cited by 41% of organisations. Additionally, 40% seek better protection of confidential information, 39% aim to meet regulatory requirements and one-third (33%) expect SOC capabilities to provide a competitive edge. Larger enterprises tend to cite each of these reasons more often, reflecting the broader operational and regulatory pressures they experience.
Continuous monitoring becomes the leading SOC requirement
Among the key functions organisations plan to delegate, 24/7 security monitoring leads at 54%. This around-the-clock vigilance enables early detection of anomalies, prevents escalation and sustains cyber resilience in real-time. This demand highlights a strategic requirement for proactive risk management, as organisations aim to defend against persistent threats that can strike at any moment.
Companies intending to fully outsource SOC operations show a stronger interest in applying “lessons learned” methodologies, whereas those developing internal SOCs focus more on access management to maintain tighter control.
Human expertise drives SOC technology choices
While SOCs use advanced technology, the choices made by organisations show that human analysts are very important. Among the solutions that organisations plan to include in SOC are – Threat Intelligence Platforms (48%), Endpoint Detection and Response (42%) and Security Information and Event Management systems (40%) – sophisticated solutions that automate data collection and reduce operational load, however, they depend heavily on skilled security professionals who provide critical context, interpret complex findings and make final decisions when guiding appropriate responses.
Other solutions chosen include Extended Detection and Response (38%), Network Detection and Response (37%) and Managed Detection and Response (33%). Large enterprises tend to adopt more technologies (5.5 per SOC on average), while smaller ones integrate fewer (3.8).
“To successfully build a SOC, companies must prioritise not only the right mix of technology but also the careful planning of processes, clear goal-setting and effective resource distribution.
“Well-defined workflows and continuous improvement are essential to ensure that human analysts can focus on critical tasks, making the SOC a proactive and adaptable component of their cybersecurity strategy,” comments Roman Nazarov, Head of SOC Consulting at Kaspersky.
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