E-Business
Europol Warns Cyber Threats Will Get Physical By 2020
Apart from the Internet of Things opening gaping security holes, from cloud-powered denial-of-service attacks and Big Data vulnerabilities to bio-hacks that defeat authentication systems like fingerprint recognition, the world is on the cusp of a brave new world of cyber-attack exploits, warned Europol in a report by InfoSecurity.
A research project carried out by the Company predicts that in the year 2020, the world will face an almost dystrophic array of hyper-connected threats against critical infrastructure, wearable technology and medical implants – and everything else used in daily lives.
Thus, attacks on augmented and virtual reality technologies could result in serious psychological harm to individuals, for instance.
“The future of technology, its uses and abuses will affect every one of us,” said Rik Ferguson, the global vice president of security research at Trend Micro, in a statement.
The firm plans to launch a series of instructional web videos about emerging threats from the paper and how to prepare for them.
Trend Micro and the whitepaper outline three scenarios: first up is the story of Kinuko, a second-generation digital native whose experience of the world is filtered through the virtual content beamed onto her contact lenses, and who has so many online identities she has outsourced management of them to a third party.
Project 2020 also describes a scenario of the future, robot manufacturer Xinesys, which has to deal with increasingly, sophisticated ‘anti-sec’ activists trying to undermine its supply chain, and Lakoocha – a content service provider at increasing risk of critical infrastructure attacks.
Finally, it describes the government of ‘South Sylvania’, an emerging nation that uses advanced behavioral profiling to help intelligence agents identify individuals at risk of engaging in criminal or terrorist activity.
“We all face challenges coming from the rapid development of the internet,” said Troels Oerting, head of the European Cybercrime Centre. “More than 24 billion devices will soon be connected 24/7 to the Internet and, with the innovation of sensors and the ability to connect ‘things’ (cars, fridges, boats, medical tools, homes), considerable amounts of data will be generated about our behavior, locations, health, web searches and so on. The Internet and its huge potential will revolutionize our lives and developments in society; however in the process lots of potentially personal information will be accumulated. The report and movie highlight the pros and cons and will hopefully also trigger a discussion on privacy, how much information we should share, and how to secure our data.”
The study warns that it is not only personal and corporate reputations that are under threat, but that emerging technologies will increasingly blur the distinction between cyber and physical assaults.
“We don’t just have to ask ourselves how can we fight these threats, but also who will fight them,” said John Lyons, the chief executive of ICSPA.
“To meet the challenges of cybercrime, we need to become more creative and flexible. We must make sure law enforcement, criminal justice, governments and business pull in the same direction, but they have to do so without trampling on their citizen’s expectations of privacy and anonymity.”
Overall, the white paper is meant to be a cautionary tale that takes a technology-ridden world’s security problems to their logical conclusion.
“The internet delivers tremendous societal and economic advantages to nations that have learned how to harness the significant benefits that derive from ubiquitous online computing and communications systems. With Project 2020 we don’t predict the future, but we ask the questions that need to be answered to keep us all safe,” Lyons added.
Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.
According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.
AI code assistants provide for more capabilities than only code development and completion, notes the research firm.
According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.
Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.
“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”
Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.
Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.
NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.
“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD
- The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
- The single GMPC has multiple use cases:…
— NIMC (@nimc_ng) April 12, 2024
It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.
“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.
NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.
NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme
Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.
“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.
“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.
“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.
“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.
“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.
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