Telecom
Cyber Security Myths You Must Forget, To Avoid Being Hacked

Cyber security threats are real. The cyber traitors penetrate every facet of the economy.
For instance, the Nigerian Inter-Bank Settlement System, NIBSS), disclosed that the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017, with male accounting for 73 percent of the total fraud committed.
Mr Adebisi Shonubi, Managing Director of NIBBS, made the disclosure at the third Annual Banking Security Summit organized by MAXUT Consulting in partnership with OneSpan, a global data security company in Lagos, recently.
Specifically, he noted that 2014 fraud volume stood at 1,461, 10,743 (2015), 19,531 in 2016 and 25,043 in 2017.
Speaking on “Industry fraud overview with focus on mobile & payments related frauds,” Shonubi said the industry lost N6.22 billion in 2014 on attempted fraud value of N7.76 billion.
Thus, because of these trends companies are even falling prey to two myths that often cloud the judgement of business owners when it comes to Cyber-attacks.
Whilst they mostly think they are safe, the myths actually increase their chances of falling in the hands of cyber-criminals and hackers.
The first Cyber Security Myth is that many business owners still believe that all cyber attacks are targeted.
This means that unless they’re specifically selected as the prey of a hacking attack, they won’t fall victim.
It is not uncommon to see businesses that believe they will not be in the sights of cybercriminals, so aren’t at risk from suffering the negative effects of a cyber-attack.
You may even be one of such people with this belief, but if you ask the Western business leaders that were hit by NotPetya in 2017, they would definitely have stories to tell you that would change your mindset about cyber-attacks.
To quickly recap what NotPetya was about – it was a malware campaign launched against Ukraine by Russia, which quickly spread around the world, knocking businesses offline and doing vast amounts of damage to people who weren’t primary targets of the attack in the first place.
The original target of the attack was Ukrainian infrastructure, but it damaged — amongst other things — British advertising and pharmaceutical companies, as well as the shipping giant, Maersk!
The impact of NotPetya forced Maersk to reinstall 4,000 servers and over 45,000 PCs, with losses caused by serious business interruption estimated to amount to over $300m, despite the shipping firm never being the intended target of the attack.
Another example of how unsuspecting organizations can find themselves the victims of a major cyber attack is the incidence of WannaCry Ransomware.
The UK’s National Health Service found itself an unwitting victim of the campaign spread via an aggressive worm-like virus launched by North Korea in an effort to extort ransoms.
Despite the fact that you would wonder about the absurdity of attacking a body like NHS, yet they weren’t spared. This means that when it comes to cyber attacks, there is really no one that can be spared!
The second Cyber Security Myth is that some businesses don’t engage with cybersecurity because they believe it to be too complicated.
This is quite an irony as businesses usually have to deal with complicated issues every day, and it begs the question of why understanding cyber-security should be too complicated to figure out. Actually, it isn’t even complicated!
If your company can deal with complex data, millions of financial transactions, transportation of goods from one end to another, provision of services to diverse customers, or anything at all, cybersecurity is not something you should not be able to comprehend and deploy.
Even simple activities like ensuring systems and software are up to date can go a long way to protecting organizations from cyberattacks.
This approach could have helped organizations around the world avoid becoming victims of Cloud Hopper, a data-stealing espionage campaign, which Western authorities have attributed to China’s state-backed hacking group APT10.
Much of the campaign was based around distributing phishing emails containing malicious Word documents, which — when opened — ran macros that retrieve malware.
If the targeted organizations had applied relevant patches, the vulnerabilities exploited by the attackers wouldn’t have had any effect. And you can only blame this on poor cybersecurity or understanding of it because while the APT in APT10 stands for ‘Advanced Persistent Threat’, the attack wasn’t that advanced.
Dispelling these two cybersecurity myths from your mind can go a long way from keeping you safe against attacks that may put your business data and infrastructure at risk of loss or ransom.
To know about more myths that need to be forgotten, or get exposed to different ways to mitigate cybersecurity threats, make it a date to the Sidmach-Sophos Lunch and Learn event happening this February.
At the event, you will also learn about cost effective security dynamics, get introduced to tools that mitigate latest threats, have complete visibility and control of your IT Infrastructure.
To know how to dispel these myths REGISTER for Sophos/Sidmach Lunch & Learn. Email: [email protected]
Attendance is strictly by registration!
Telecom
Court Bans Kenyan Telcos from Recycling SIM Cards

Kenya’s High Court has ruled that mobile phone numbers are not disposable assets, but constitutionally protected digital identifiers, striking at the core of a long-standing industry practice of arbitrarily reassigning inactive SIM cards without the owners’ consent.

In a landmark decision that could reshape telecom regulation and digital identity frameworks across Africa, sitting at Milimani Law Courts in Nairobi, Justice Lawrence Mugambi declared that reassigning a phone number without the original owner’s consent violates the right to privacy.
The ruling effectively elevates a SIM card into the same legal category as personal data tied to an individual’s private life.
At the heart of the ruling is Article 31 of the Constitution, which safeguards citizens from unnecessary disclosure of private information and interference with communications.
The court found that in today’s digital economy, a registered mobile number functions as a critical gateway to sensitive personal data, linking users to mobile money platforms like M-PESA, banking systems, email accounts, and social media profiles.
“When mobile digital identity is lost through reallocation or recycling without interrogating the reasons behind inactivity, it creates an avenue for unauthorised disclosure of delicate information,” the judgment stated.
The case, brought by Erastus Ngura Odhiambo, petitioner and former prisoner, challenged the routine telecoms practice of deactivating SIM cards after prolonged inactivity and reassigning them to new users.
Odhiambo lost access to his mobile phone number due to inactivity while serving his lengthy sentence.
He argued that the practice exposes individuals to serious risks, including misdirected financial transactions, intercepted one-time passwords, and unintended access to private communications.
The court agreed, highlighting how recycled numbers can result in strangers receiving confidential messages, authentication codes, and even being added to private messaging groups, effectively inheriting fragments of another person’s digital life.
Justice Mugambi also criticised the rigidity of SIM deactivation policies, calling them “arbitrary” for failing to consider legitimate reasons for inactivity such as incarceration, studying in restricted environments, or living abroad.
“Incarceration does not strip an individual of their constitutional rights to privacy and identity,” he noted.
For telecom operators, including Safaricom, the ruling introduces a significant compliance burden. The court outlined three strict conditions before any number can be reassigned.
Telcos must obtain informed and verifiable consent from the original owner, issue a public notice and conduct traceability efforts over a reasonable period.
More importantly, the court further directed that telecoms firms must implement technical safeguards to prevent data exposure to the new user.
The Office of the Attorney General has been given six months to translate these directives into enforceable regulations.
Telecom
Binance Earn: Simple Way to Earn Rewards on Idle Crypto Holdings

Binance Earn offers cryptocurrency users an accessible way to generate rewards on idle digital assets without active trading or constant market monitoring.

Binance Earn
As the crypto market matures, more holders seek productive uses for their assets rather than leaving them dormant in wallets. Binance addresses this through Binance Earn, where users allocate supported cryptocurrencies to various reward products for automatic yield generation.
The platform emphasises simplicity with a “set-and-forget” model: users select assets, pick a product, and rewards accrue passively in the background. This appeals especially to long-term holders aiming to enhance portfolio value over time without day-to-day involvement.
Binance Earn provides flexible options for instant liquidity access alongside fixed-term products for defined commitments, catering to diverse strategies and risk appetites.
“We’re seeing growing interest across Africa in ways to make crypto holdings more productive without active trading,” said Larry Cooke, Africa Head of Legal at Binance. “Simple, ‘set-and-forget’ solutions are becoming increasingly relevant as more users take a longer-term approach to digital assets.”
The feature reflects shifting user behaviour towards holding and gradual growth amid volatile markets, where reward rates fluctuate based on conditions, liquidity, and structures.
Users must assess risks and alignment with personal goals, as crypto remains volatile. Binance Earn positions itself as a key tool in Africa’s rising digital asset adoption, enabling hands-off participation in the ecosystem.
Telecom
New Gmail Scam Mimics Security Alerts to Steal User Data

Cybersecurity researchers at Malwarebytes Labs have exposed a sophisticated new Gmail scam where fraudsters send fake Google security alerts via phishing emails, texts, and pop-ups, tricking users into a deceptive four-step verification process that harvests login credentials, GPS locations, contacts, and other sensitive data for account takeovers.

Gmail
Disguised as routine checkups, these alerts mimic Google’s official pages to create urgency, prompting victims to install malicious “security tools” that grant hackers real-time access to Gmail and linked services—Corey Donovan, president of Alta Technologies, warns legitimate checks never come unsolicited or demand downloads, urging users to close suspicious prompts immediately and verify via official Google account pages instead.
The scam’s rise amplifies risks during travel, where public Wi-Fi hotspots—especially “evil twin” fakes like slight misspellings of “Airport_Free_WiFi”—enable interception of banking details, emails, and malware installs; Donovan advises disabling auto-connect, using VPNs for HTTPS sites only, avoiding logins altogether, and crafting strong passwords with mixed characters plus two-factor authentication.
Shoulder surfing on public transport and outdated devices compound threats, as fraudsters glimpse screens or exploit unpatched vulnerabilities—keeping phones updated with post-update privacy reviews limits app access to location or commutes, while skipping work emails in view maintains confidentiality on the go.
Nigeria’s heavy reliance on digital banking and crypto heightens vulnerability, as scammers exploit rushed travellers; Donovan stresses: “Cybercriminals target busy airports and stations knowing guards drop—stay cautious, update devices, lock privacy, and never rush links to protect against these advanced breaches.”
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