E-Business
CECAD Proposes October as Nigerian National Cybersecurity Awareness Month

A media stakeholder group has called on the federal government, through the office of the National Security Adviser to adopt October as the Nigerian National Cybersecurity Awareness month as being done globally.
The group justified its position on the increasing threats of cyber-attacks to national security, economic crimes, political instability and social insecurity as a result of the vulnerability of national, corporate and private databases via identity theft.
In a statement released in Lagos, and signed by Olubayo Abiodun, director of Communications, the group under the aegis of the Centre for Cyber Awareness and Development (CECAD), a non-governmental organisation (NGO), said it is set to work and collaborate with the Office of the National Security Adviser (NSA) to President Muhammadu Buhari in order to raise the bar on the multi-stakeholders awareness across government, corporate institutions and private citizens through the principles of the Public Private Partnership (PPP).
“The month-long series of activities would be delineated to accommodate sectorial weekly emphasises on every facets of the lives of the nation and its people.
“And this among others will include weekly awareness focus on government and its agencies, banks and financial institutions, education, health, tourism, transport, military/security communities.
“The central theme would be on how to enhance safer connections to the Internet without compromising corporate and individual safety. Families will also enjoy primary attention in the course of the awareness programme in order to ensure the safety of all and sundry, particularly children from dangers inherent in the uncontrolled access,” Abiodun said.
According to the media stakeholders, Criminals, terrorists, and countries with the intent to harm have found the information superhighway a veritable platform to execute their attacks.
“To this radicalized minds, attack online is often easier to execute because across the world, corporate and national and individualized information are being digitalized in conformity with transformation of the global community into information society (digital economy); which encompasses e-government, e-commerce, e-health, cashless society, e-learning, digital entertainment, and e-agriculture among other electronic engagements in all spheres of life.
“As more and more sensitive data is stored online, the consequences of those attacks grow more significant each year. And by this implication, the group stated that E-fraud is now the fastest growing crime in Nigeria.
“As a consequent of this, the Nigerian nation and its citizens have been under increasing threat from cyber-attacks following the proliferation of digital platforms in the rapid integration of its social, political and economic facets into the digital economy.
“The reality of the threats in the Nigerian nation have been underscored by the reported unauthorised access to the database of the Directorate of State Security (DSS) resulting in the leak of the personal profile of the undercover personnel of the State Security Service. Similarly, the database of the National Assembly was recently hacked and the result was the unauthorised publication of the names and contact information of the elected officials in the legislative arm of government. More profound is the unreported humongous losses being daily recorded by the banks and other financial institutions through identity theft by cyber goons.
“With this alarming threat to the corporate and financial health of the nation and its citizens, the media stakeholders have expressed the strong need for the Nigerian government to play in the global league of awareness community by adopting October as the cyber security awareness month as is the practice in the United States of America, South America, many European countries and other parts of the world.
“This has become very imperative, particularly in Nigeria because of the multilayers national databases spread across various agencies like the Nigerian Immigration Services (NIS), banks, Police, Federal Road Safety Corp (FRSC), Mobile Network Operators (MNOs), which government has directed to be harmonised by the National Identity Management Commission (NIMC).
“In addition, some state governments and embassies are also involved in the collection of biometric details of Nigerian citizens which could be subjected to further cyber-attacks if the awareness consciousness is not properly coordinated in the country.
“The media group said that it would roll out its national network to facilitate a robust month-long awareness campaigns for the public and private institutions in order to mitigate the dangers lurking in the cyberspace with the activities of the cyber criminals,” the statement read.
“As the largest economy on the continent, Nigeria must take the lead by showing the way for other African nations to emulate in the protection of its national assets and citizens from cyber vulnerability. Nigeria must lead for others to follow,” CECAD added.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.
Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.
Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.
The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.
Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.
He said safeguarding critical infrastructure from terrorist threats has become unavoidable.
Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.
The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.
Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.
With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.
While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.
E-Business
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

Kaspersky Security Bulletin reviews what shaped telecom cybersecurity in 2025 and what is likely to persist in 2026. Advanced Persistent Threat (APT) activity, supply-chain compromise, DDoS disruption and SIM-enabled fraud continued to pressure operators in 2025, while newer technology deployments introduce additional operational risk.

In 2025, telecom operators faced four broad threat categories. Targeted intrusions (APTs) continued to focus on gaining stealthy access to operator environments for long-term espionage and leverage through privileged network positioning.
Supply chain vulnerabilities remained an entry point: telecom ecosystems rely on many vendors, contractors and tightly integrated platforms, so weaknesses in widely used software and services can provide a path into operator networks. Finally, DDoS remained a practical availability and capacity problem.
Kaspersky Security Network showed that last year, between November 2024 and October 2025, 12,79% of users in the telecommunications sector encountered web threats and 20,76% faced on-device threats. 9,86% of telecom organisations worldwide experienced ransomware.
At the same time, the telecommunications sector is moving from rapid technological development to broad implementation — and the report argues that this shift creates new opportunities and new operational risks for 2026.
Kaspersky highlights three areas where technology transitions could introduce disruption if rolled out unevenly or without strong controls: AI-assisted network management, where automation can amplify configuration errors or act on misleading data; post-quantum cryptography transitions, where rushed deployment of hybrid and post-quantum approaches could cause interoperability and performance issues across IT, management and interconnect environments; and 5G-to-satellite integration (NTN), where expanding service footprints and partner dependencies introduce new integration points and potential failure modes.
“The threats that dominated 2025 — APT campaigns, supply chain attacks, DDoS floods — aren’t going away. But now they intersect with operational risks from AI automation, quantum-ready cryptography, and satellite integration.
Telecom operators need visibility across both dimensions: maintaining strong defences against known threats while building security into these new technologies from day one. The key is continuous threat intelligence that spans from endpoint to edge to orbit,” said Leonid Bezvershenko, senior security researcher at Kaspersky Global Research & Analysis Team.
E-Business
Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

Kaspersky analysed phishing and scam campaigns observed from January through September 2025 and found that 88.5% of attacks globally sought credentials for various online accounts.

Another 9.5% targeted personal data such as names, addresses, and dates of birth, while 2% focused on bank card details.
According to data from Kaspersky, over 38 million phishing links were clicked in Africa in the previous year (from November 2024 to October 2025) – all of which were detected and blocked by Kaspersky solutions.
Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake websites where they unwittingly surrender their login credentials, personal information, or bank card details.
Kaspersky research shows that most phishing pages transmit stolen information via email, Telegram bots, or attacker-controlled panels, before it enters underground resale channels.
Data stolen through phishing is rarely used only once: credentials from multiple campaigns are consolidated into data dumps and sold on dark web markets, in some cases for as little as $50. Buyers sort and verify the data to check whether accounts remain active and reusable across different services.
According to Kaspersky Digital Footprint Intelligence, average 2025 prices ranged from $0.90 for global Internet portals to $105 for crypto platforms and $350 for online banking access. Personal documents such as passports or ID cards sold for about $15 on average, with pricing influenced by account age, balance, linked payment methods, and security settings.
As datasets are enriched and combined, attackers can build detailed digital profiles that may later support targeted attacks on executives, finance staff, IT-administrators or individuals with valuable assets or personal documents.
“Our analysis shows that credentials account for nearly 90% of phishing attempts. Once collected, logins, passwords, phone numbers, and personal details are aggregated, checked, and resold, sometimes years after the initial theft.
Combined with new information, even old credentials can enable account takeovers and targeted attacks against both individuals and organisations.
By leveraging open-source intelligence and old breach data, attackers can craft highly personalised scams, turning one-time victims into long-term targets for identity theft, blackmail, or financial fraud,” said Olga Altukhova, senior web content analyst at Kaspersky.
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