E-Business
Cyber Attack Trends: Mid-Year Report
2017 has proved to be a lucrative year for cybercrime. Prominent malware and attack methods continue to evolve, creatively bypassing existing security solutions.
In 2016, we witnessed sophisticated new malware emerging on a regular basis, exposing new capabilities, distribution methods, and attack services offered for sale through multiple platforms. 2017 is shedding light on a new trend – simple, yet highly effective malware families are causing rapid destruction globally.
So far, in 2017 cyber-attacks are occurring at a higher frequency than previous years. Recent infiltrations have demonstrated the agility, scale and persistence of an attack that criminals are capable of executing.
All regions have suffered from these large-scale attacks, reinforcing the need for proactive solutions. Massive attack campaigns such as WannaCry, NotPetya and Fireball showcase the nature of today’s threat landscape. As the year progressed, we were able to witness the reoccurring global trends listed below:
1. Nation-state cyber weapons are now in the hands of criminals
Data leakage incidents have significantly evolved in sophistication, frequency and volume of data being accessed. As seen in several incidents throughout the first half of 2017, the theft and consequent availability of key nation-state hacking tools, combined with wide scale zero-day vulnerabilities, now enable unskilled hackers to carry out highly sophisticated attack campaigns.
2. The line between Adware and malware is fading, and mobile adware botnets are on the rise
Adware, which automatically displays or downloads advertising material on an infected machine, was until recently not among our greatest concerns, as while sometimes annoying, its sole purpose is to generate revenue and not to cause actual damage. In parallel, mobile adware botnets continue to expand and dominate the mobile malware arena. In the first half of 2017, we witnessed a persistent rise in the spread and technical capabilities of mobile adware botnets.
3. Macro-based downloaders continue to evolve
As malware continues to evolve, the same is true for its delivery methods. During the past six months, we have seen some new methods for exploiting Microsoft Office files, which no longer require victims to open the door for the attackers by enabling macros.
4. A new wave of mobile bankers on GooglePlay
On top of the large adware campaigns which we have grown accustomed to finding on Google Play, a new wave of mobile bankers, most of which belong to the BankBot family managed to enter the play store undetected and infect users. This is an alarming development as the bankers malware harm users directly, and supposed to be easier to detect. However, the perpetrators combined open-sourced banking malware code with complex obfuscation techniques to successfully and repeatedly bypass Google’s protections.
When we look at the main malware categories – banking, mobile an ransomware – we see that ransomware is by far the most prevalent across all regions, including Europe, Middle East and Africa. The below infographic clearly shows the prominent spread of ransomware in each region:
Even with massive outbreaks such as WannaCry and NotPetya making global news, most organisations continue to rely on a strategy of detection and response after an attack has occurred rather than prevention. Many of these prominent attacks use known malware variants that could easily have been blocked had the proper security been implemented before the attack had occurred. To stay one step ahead of cybercriminals, organisations should remain attuned to the ever-changing threat landscape.
By understanding emerging threats and implementing the latest prevention technologies, organizations can create a solid cyber security defensive posture. The Cyber Attack Trends: Mid-Year Report provides you with a comprehensive overview of the cyber landscape; ransomware, banking and mobile threats based on data drawn from the ThreatCloud World Cyber Threat Map between January and June of 2017.
Nigeria Data Protection Commission (NDPC) has directed all Data Controllers and Data Processors of Major Importance (DCPMIs), yet to register with the commission to do so immediately.
This followed a Federal High Court judgment affirming NDPC statutory powers to designate and register such entities.
DCPMIs are entities operating in Nigeria that handle sensitive personal data or large volumes of information, requiring mandatory registration with the NDPC under the Nigeria Data Protection Act (NDPA).
In a statement issued on Tuesday by Babatunde Bamigboye, head of Legal, Enforcement and Regulations at the NDPC, described the judgment as a major milestone for data accountability and regulatory oversight in Nigeria.
The commission said the ruling arose from a suit filed by Emmanuel Harunna against the NDPC in Emmanuel Harunna v. NDPC (FHC/L/CS/1116/2024), in which the applicant sought a declaration that Point of Sale agents were not Data Controllers or Processors of Major Importance under the Nigeria Data Protection Act and requested a perpetual injunction restraining the commission from registering them.
According to the statement, Justice F.N. Ogazi examined the commission’s Guidance Notice on Registration alongside Sections 5(d), 6(c), 44, 45 and 65 of the Nigeria Data Protection Act before concluding that the commission acted within its statutory powers in designating entities under the Major Data Processing – Ordinary High Level category as Data Controllers and Processors of Major Importance.
Quoting the judgment, the statement read, “The Nigeria Data Protection Act was enacted to promote accountability, transparency and responsible data governance. Registration enables the Respondent to identify entities engaged in significant data processing activities, monitor compliance.”
It added that the court held that, “Far from undermining the constitutional right to privacy, the registration framework is one of the statutory mechanisms designed to safeguard that very right by subjecting data controllers and data processors to effective regulatory oversight.”
The statement further quoted the court as saying, “Looking at the recitals of the Guidance Notice, there is every indication that the Guidance Notice is also aimed at protecting the privacy and security of data subjects, thus bringing the registration requirement of the Guidance Notice within the protective shield of Section 45 of the 1999 Constitution.”
According to the commission, the court also held that, “Remarkably, Section 63 of the Data Protection Act provides that the provisions of the Act shall prevail over any other law inconsistent with its provisions on matters relating to the processing of personal data.”
Reacting to the judgment, the commission described the decision as a significant boost to Nigeria’s data protection regime.
“The Commission appreciates the ground-breaking efforts of the court towards the advancement of the jurisprudence relating to data accountability in Nigeria, as eloquently demonstrated in this case,” the statement read.
Following the ruling, Vincent Olatunji, national commissioner and chief executive officer, had directed every Data Controller and Processor of Major Importance that had yet to comply with the registration requirement to register without delay.
The commission warned that entities failing to comply with the registration requirement could face legal consequences.
“Failure to register creates serious legal liabilities under the law, while compliance with registration requirements builds public trust and safeguards the fundamental rights and freedoms of data subjects in Nigeria,” the statement added.
The University of Nigeria (UNN) is set to partner with The Roxettes Group to establish a research and innovation centre focused on artificial intelligence (AI), smart and green mobility, and digital technologies, in a move aimed at strengthening research, entrepreneurship and technology-driven industrial development.
Chairman of The Roxettes Group, Arc. Dr. Kaycee Orji-Kelechi, announced the proposed partnership while delivering his acceptance speech after receiving an Honorary Doctor of Business Administration (Honoris Causa) during the university’s convocation ceremony.
The proposed facility, to be known as the Dr. Kaycee Orji Centre for Artificial Intelligence, Smart/Green Mobility and Digital Innovation, is expected to provide a platform for research, innovation and collaboration between academia and industry, with a focus on developing commercially viable solutions to local and continental challenges.
Orji-Kelechi said the initiative was conceived as a long-term investment in human capital and technological advancement rather than simply another physical infrastructure project.
He said the vision was to position the University of Nigeria among Africa’s leading institutions in artificial intelligence, smart mobility and digital innovation through research, entrepreneurship and technology development.
According to him, the centre will house five specialised laboratories covering artificial intelligence and machine learning, smart and green mobility, robotics and the Internet of Things (IoT), digital finance and financial technology, as well as cloud computing and advanced data centre technologies.
He also announced plans for the proposed Kaycee Orji Founders Innovation Challenge, an annual programme intended to identify, mentor and support innovative ideas from students, researchers and academic staff with the potential to become scalable businesses.
“Every student of this University should know that a great idea conceived in a classroom should have a pathway to becoming a patent, a startup, a global enterprise, and a solution that transforms society,” he said.
Orji-Kelechi disclosed that preliminary conceptual work on the project had commenced, with architectural and engineering designs being prepared by K.KH Contractors Ltd., a subsidiary of The Roxettes Group.
He added that discussions with the university would begin on identifying a suitable site for the project, while a comprehensive proposal containing architectural drawings, engineering designs and an implementation framework would be submitted after completion of the design phase.
Reflecting on his career, Orji-Kelechi said Africa must move beyond consuming innovation to creating it through investment in manufacturing, technology and entrepreneurship.
“We have pursued one simple vision: that Nigeria and Africa must move from consumption to production; from importing innovation to creating it; and from waiting for opportunities to building them,” he said.
He urged graduating students to see their education as a foundation for solving societal challenges through innovation, leadership and enterprise, adding that he remained committed to promoting industrial development, youth empowerment and sustainable economic growth.
The proposed collaboration forms part of broader efforts to strengthen university-industry partnerships, which are increasingly seen as critical to improving research commercialisation, innovation capacity and technology-led economic development in Nigeria.
National Population Commission (NPC) has announced commencement of full digital registration of births and deaths through the VitalReg platform, which became operational nationwide on July 1, 2026.
Chidi Ezeoke, federal commissioner representing Anambra, disclosed this in Awka during a press conference to announce commencement of full digital birth and death registration under the Electronic Civil Registration and Vital Statistics (E-CRVS) system and the marking of World Population Day commemorated every July 11.
He revealed that a total of 131 registration centres had been opened in the 21 local government headquarters and several communities in the state, adding that more centres would be opened later.
Ezeoke described the initiative as a major milestone in Nigeria’s Civil Registration and Vital Statistics (CRVS) system, to ensure every birth and death in the country was captured through a digitally enabled registration platform.
“It builds on the launch of the E-CRVS system and the inauguration of the National Coordination Committee on Civil Registration and Vital Statistics by President Bola Tinubu on Nov. 8, 2023.
“A total of 4,011 functional registration centres has been established across the 774 LGAs of the federation and the commission iswas working to expand the number to about 8,000.
“In Anambra, 131 registration centres have been opened in the 21 local government headquarters and several communities. More centres had been proposed for the state,” he said.
According to the Commissioner, the VitalReg platform would provide faster registration services, 24-hour online access, digital certificate issuance where applicable, reduced paperwork and waiting time, improved data validation and a more secure national CRVS database.
While noting that the platform would serve as a foundational database to support other national data systems and strengthen interoperability across Nigeria’s digital identity ecosystem, Ezeoke urged Nigerians and other stakeholders to support the initiative by ensuring prompt registration of all births and deaths.
Speaking on the 2026 World Population Day themed, “Realising the Hopes and Aspirations of Young People – Today and for the Future”, the Commissioner called for greater investment in education, healthcare, skills development, decent employment opportunities and youth participation in governance for sustainable national development.
Earlier, Mr Obiakonwa Okagwu, state director, NPC, said the occasion served as a reminder of great opportunities provided to harness young people’s capabilities, which he said would shape the future of the country when adequately harnessed.
He called on residents to take registration of births and deaths as national responsibility, just as he urged the media to take the message on civil registration to all parts of the State.
Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor
Dangote Plans to Donate One-Third of Wealth to Charity as Legacy
NDPC Directs DCPMIs to Register with Agency or Face Legal Consequences
Malpass, Ex World Bank Chief Raises Alarm over Nigeria’s Secretive Debt Structures
How and Why Apps Deplete Data – ALTON
NRC, Ponzi Scheme Collapses Resulting Loss of Billions of Naira
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Tokenization, Blockchain Technology will Transform Financial Institutions – IMF
From Scarcity to Scale: What Africa Can Learn from India’s Agricultural Transformation
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting
News2 days agoSee Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free
E-Business2 days agoReport Says Cybercriminals Deploy Malware to Hijack Crypto Wallets, Monitor Browsers Telegram
Telecom2 days agoSubscribers, Telcos Warn FCCPC over Airtime Lending Enforcement
Telecom2 days agoNCC, REA Partner to Cut Telecom Costs with Renewable Energy
E-Business2 days agoNPC Opens 131 Births, Deaths Registration Centres in Anambra
General News2 days agoAfDB, Nigeria Urge African Control of Mineral Resources
General News2 days agoLagos Chamber Opposes 21 Percent Pension Contribution, Warns of Job Losses
Telecom2 days agoNigeria Pushes for United African Front Ahead of Global Telecoms Elections