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E-Business

Cisco Prepares First Global ‘Introduction to IoE’ Curriculum

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Mr. Dare Ogunlade, general manager, Cisco, Nigeria, Ghana, Liberia and Sierra-Leone
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Cisco® Networking Academy has announced the first global ‘Internet of Everything’ (IoE) curriculum, which will help meet the soaring demand for ICT skills and empower the next generation of innovators to embrace the IoE’s full possibilities.

It is predicted that there will be 50 billion connected devices by 2020 creating incredible amounts of data and innovation possibilities that will revolutionize the job landscape.

Cisco estimates that the IoE could unleash up to US$19 trillion of economic value to private and public sector industries worldwide by 2022.

The new Cisco® Networking Academy IoE curriculum is an important part of its efforts to close the broadening ICT skills gap and accelerate global IoE innovation.

Launched today as part of the Cisco Networking Academy Partner Summit in Barcelona, the “Introduction to the Internet of Everything” is the first of a series of IoE courses.

This entry-level course is aimed at anyone who wants to grasp the opportunities which the inter connection of people, processes, data and things will bring, and does not require any in-depth IT knowledge as a prerequisite.

It is available globally as a free as a self-learning course for every Cisco Networking Academy student.  Academies can also create instructor-led classes to teach the curriculum.

“This connected network presents a huge opportunity for the technology industry and could transform how we do business, consume goods and go about our daily lives. However, realising this potential depends on individuals having the skills and knowledge to harness the opportunities provided by IoE.  Our new IoE curriculum offers a fantastic springboard for anyone wanting to seize this opportunity,” Laura Quintana, senior director, Corporate Affairs explained.

John Baekelmans, chief technology officer of the Internet of Everything Solutions Group added, “It seems fitting to announce this course in the city of Barcelona, which has thoroughly embraced the Internet of everything, creating 47,000 jobs related to the “smart” city. We hope the initiative will be part of a global movement to give the next generation the skills to meet soaring demand for networking job roles, and become part of a phenomenon, which will change the world”.

The Introduction to the IoE course is available globally through all academies in the Cisco Networking Academy program.

Currently offered in English, the course will be available in five further languages (Chinese, French, Portuguese, Russian and Spanish) and rolled out progressively from Spring 2015 onwards.

Commenting on the new curriculum, John Higgins, general director, DIGITALEUROPE, added that, “It is encouraging to see training of this kind being offered. By giving the basic platform for an understanding of a more connected world, the industry can inspire more experimentation and entrepreneurship in the tech space, which could lead to further job creation. We’re looking forward to seeing the impact that it makes both on individuals’ lives and on the industry.”

Cisco Networking Academy is a non-commercial ICT training programme that equips people with the skills to succeed in today and tomorrows increasingly connected world.

Every year, one million Networking Academy students worldwide gain the skills needed to build, design, and maintain computer networks; improving their career prospects while filling the global demand for networking professionals.

Cisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected.

As the worldwide leader in networking, Cisco said it is committed to helping people develop the technology and career skills they will need to succeed in tomorrow’s workforce.

 


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E-Business

Domain of Deception as Attackers Deploy Spyware Under Guise of Legal Threats

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Kaspersky has detected a rapidly escalating malicious campaign that has targeted over 1,100 corporate users since June 2025. The attackers pose as a legal firm and in their emails threaten recipients with lawsuits over alleged domain name patent violations, aiming to deploy malware.

Victims who opened and launched the attached files – that mimicked legal documents – had a Trojan installed on their devices, and the attackers could spy on the content of their screens. Organisations across healthcare, finance, and education sectors have been targeted.

The campaign began with 95 emails on June 11 and has since continued to escalate. Apart from claiming that the recipient’s domain name violates patented combinations of a major brand and threatening litigation, in the email the fake legal bureau also expresses the patent holders’ interest in acquiring the domain and offers getting acquainted with the details of the alleged violations by opening the attached archive with “documents”.

It is worth noting that the attackers, likely to avoid detection, attach an archive that is not password protected, and inside it includes another archive that is password protected and a file containing the password along with it.

After the user entered the archive password and clicked on the alleged legal document inside, a Trojan was installed on the device. The user saw a message displayed that read, “This document cannot be opened on this device. Try opening it on another windows device,” and simultaneously the Tor Browser was covertly downloaded and installed in the background.

Through it, the malware regularly sent snapshots of the user’s screen to the attackers over the Tor network. The malware also autostarts whenever the computer is restarted.

“This campaign is a sophisticated blend of psychological manipulation and technical deception, leveraging fear of legal action to coerce businesses into executing harmful files hidden in attached archives. Its rapid growth since June 11 underscores the urgency for organisations to bolster defenses.

Victims face the risk of losing their private data. Robust email security, employee training, and swift incident reporting are essential to counter this evolving threat,” comments Anna Lazaricheva, spam analyst at Kaspersky.

 


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Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

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In a sobering revelation of the evolving threat landscape facing the digital asset ecosystem, blockchain intelligence firm TRM Labs has disclosed that over $2.1 billion worth of cryptocurrency was stolen in the first half of 2025 alone, spanning at least 75 high-profile hacks and exploits.

Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

This staggering figure marks a 10 per cent surge over the previous first-half record set in 2022 and nearly eclipses the total stolen in all of 2024.

But beyond the monetary scale, the report reveals a deeper concern: a growing trend of state-sponsored cyber aggression weaponising  crypto assets for strategic and geopolitical purposes.

The most devastating breach to date occurred in February when Dubai-based exchange Bybit lost $1.5 billion—the largest  crypto heist in history.

TRM Labs attributes the attack to North Korean state actors, noting that the incident alone accounted for nearly 70 percent of total losses during the period and doubled the average hack size to $30 million.

“The Bybit hack redefined the threat landscape,” the report stated.

“It exemplifies how digital asset theft has transcended criminal opportunism and morphed into a tool of statecraft.”

Indeed, North Korea-linked entities were responsible for an estimated $1.6 billion of the total stolen, further entrenching Pyongyang’s status as the most prolific nation-state threat actor in the crypto sphere.

Yet the menace is diversifying. On June 18, Iranian crypto exchange Nobitex was breached for over $90 million by a group reportedly linked to Israel, Gonjeshke Darande (Predatory Sparrow).

Unusually, the stolen funds were routed to unusable vanity addresses, underscoring symbolic and political motives rather than financial gain.

TRM Labs flagged this as a “disturbing shift,” with digital asset theft increasingly deployed as a weapon in asymmetric geopolitical conflict.

The report also found that more than 80 percent of losses stemmed from infrastructure breaches, including private key theft, seed phrase leaks, and front-end compromises— attacks typically ten times costlier than other vectors.

Meanwhile, DeFi exploits such as flash loan manipulations accounted for 12 percent of losses, reflecting persistent smart contract vulnerabilities despite years of scrutiny.

As digital currencies become enmeshed in global rivalries, TRM Labs warns that conventional cybersecurity approaches are now inadequate.

“Massive breaches, often tied to nation-state operations, require a new defence paradigm,” the firm asserted, urging industrywide adoption of advanced safeguards and cross-border collaboration among regulators and law enforcement.


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CAC Launches AI-powered Business Registration Portal

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Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.

CAC Launches AI-powered Business Registration Portal

A statement issued by the commission explained that Malam Hussaini Magaji, registrar-general of the CAC, made the announcement during the 2025 Stakeholders Forum in Port Harcourt.

According to him, “the initiative is a major milestone in Nigeria’s business facilitation drive.”

The Registrar further explained that the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), saying that it comes with advanced features designed to simplify and speed up business registration.

The new system, according to him, allows for instant name reservation approvals, likening the ease to creating an email account, and stressing that the AI-powered platform could suggest available alternatives to business names and approve them immediately.

Another innovation, he stated, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor, pointing out that there is an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation.


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