E-Business
IBM Unveils New Enterprise Intelligence Analytics to Fight Cybercrime as Losses Hit $445Bn

IBM has unboxed a new solution that provides deep analysis across hundreds of terabytes of disparate data to uncover hidden criminal activity in just seconds.
The solution unveiled at the ongoing IBM Insight 2014 in Las Vegas, Nevada, USA is a high-speed analysis and criminal investigation software that is designed to uncover hidden criminal threats buried deep inside massive volumes of disparate corporate data.
IBM i2 Enterprise Insight Analysis (EIA) can find non-obvious relationships masked within hundreds of terabytes of data and trillions of objects in just seconds.
By fusing together these multiple data sources, organizations can gain complete visibility into threats across the enterprise, giving companies the ability to transform how they protect themselves from increasingly sophisticated attacks.
Organizations across industries face endless threats from cybercrime and other criminals in pursuit of private customer information, employee records, financial data and intellectual property.
The Center for Strategic and International Studies (CSIS) estimates that cybercrime costs the global economy $445 billion each year.
But companies are overwhelmed with an increasing volume and diversity of data to protect, giving cybercriminals the ability to hide their covert activity for months after an attack.
The proliferation of connected devices and machines – from mobile phones to smart cars to remote oil rigs – only compounds the problem by opening new avenues for criminals to penetrate the enterprise.
Operating at high speeds and massive scale, i2 Enterprise Insight Analysis accelerates the data-to-decision process by uncovering new insights into criminal threats against the enterprise that intelligence and security analysts might otherwise not have realized for days, weeks or months later. EIA analyzes huge amounts of disparate data to discover weak-signal relationships that reveal the true nature and source of an attack.
The solution unravels these hidden connections that can be divided by as many as six degrees of separation between disparate sources – from corporate records and social media chatter to data accessed by remote sensors and third-party applications.
As developments unfold, EIA provides always-on recommendations that proactively alert analysts to new related abnormalities at the speed of attack.
For example, consider a national retailer that hasn’t yet realized hundreds of its customers’ credit card account numbers have been stolen and sold on the black market.
Any illegal transactions can be easily lost in the noise of typical day-to-day activity – such as a transaction denial, a billing dispute or multiple purchases at the same store.
But when connected together, EIA can immediately spot commonalities that reveal the specific store branches that were breached.
This insight allows the retailer to take action before millions of accounts are compromised and any significant damage is done.
“Organizations can’t afford to take a reactive approach to cyber defense, nor can they do it alone. The speed of threat is too great, and today’s attackers are far more technically advanced, proficient and organized than ever,” said Maria Vello, president and CEO of The National Cyber-Forensics & Training Alliance (NCFTA), a non-profit role model organization for collaboration, information and resource sharing between public and private organizations in the fight against cybercrime.
“Threat analysts and investigators need the ability to look at every possible data set and relationship – no matter how distant or unrelated they may seem – and be able to make key associations and correlations in seconds. The new IBM i2 offering is an impressive tool in its ability to quickly analyze these massive data sets in near real time to paint a complete picture of the threat.”
Built on IBM Power Systems, IBM i2 Enterprise Insight Analysis can complement existing security or fraud solutions with additional features, such as:
Enhanced visualization capabilities: With multi-dimensional visual analytics, investigators can gain a better understanding of an attack by visualizing a comprehensive situational overview of all possible related elements for a more easily digestible viewpoint.
Open, modular architecture that scales as needs change: IBM i2 Enterprise Insight Analysis is fully customizable with fast integration with third-party applications and features, such as natural language processing and complementary analytics at the tactical, operational and strategic levels.
Interoperability inside and outside the organization: The open design not only integrates with existing infrastructure and other apps but also allows users to easily share critical threat information across the company and with partners, customers and other organizations.
Out-of-the-box functionality: Out-of-box functionality reduces the training, maintenance and deployment costs while allowing organizations to quickly begin protecting their infrastructure.
“While most organizations understand how big data can help prevent the ever increasing threat of cybercrime, they are so overwhelmed by massive data volumes that they can’t act fast enough to turn it into meaningful intelligence to stop criminals,” said Bob Griffin, General Manager, i2, Threat and Counter Fraud, IBM.
“With IBM i2 Enterprise Insight Analysis, we’ve changed the ability of investigators to find that illusive needle in a haystack that helps them detect a cyber attack. This provides any organization with always-on analytics that turns massive amounts of data into real-time insights in a way that simply wasn’t possible before.”
IBM has established the world’s deepest portfolio of Big Data and Analytics technology that spans research and development, solutions and software. IBM has invested $24 billion to build its capabilities in Big Data and Analytics through R&D and more than 30 acquisitions. Today, more than 15,000 analytics consultants, 6,000 industry solution business partners and 400 IBM mathematicians are helping clients use big data to transform their organizations.
E-Business
How to Avoid NIN Portal Lockout under New Restrictions — NIMC

National Identity Management Commission (NIMC) has announced new restrictions for users accessing its self-service modification portal, introducing tighter security controls that may lock users out if not properly followed.
In a statement issued on Thursday, Dr Kayode Adegoke, head of the Commission’s Corporate Communications Unit, NIMC, the agency revealed that self-service accounts are now restricted to the specific browser and device originally used during account registration.
“Your self-service account is uniquely tied to the browser and device used during registration. Access to your account is therefore limited to that specific browser on that particular device,” the statement reads.
The Commission explained that the changes are part of broader efforts to enhance data protection and preserve the integrity of the National Identification Number (NIN) system.
NIMC warned users that attempting to log in with a different browser or device may trigger access issues. “Additionally, clearing a browser’s cache may reset its identity, which could also result in the user being locked out.
“If this occurs, the account will require an unlinking process to regain access,” it added.
To further tighten access control, NIMC also announced a limit on the number of unlock attempts permitted per account.
“Once your browser and device are locked, you are permitted a maximum of five unlock attempt requests. Please be advised that no further requests will be processed after this limit is exceeded,” the Commission stated.
These new rules come as part of ongoing reforms in the NIN service delivery framework, including a recent 75 per cent increase in the cost of correcting a date of birth on the NIN database, from N16,340 to N28,574.
E-Business
FG Unveils Visa Application Platform to Eliminate ID Fraud, Unauthorized Agents

Federal government has launched a groundbreaking e-visa application platform aimed at curbing identity fraud and eliminating the influence of unauthorized agents in the visa processing system.
The new platform, unveiled by the Nigerian Immigration Service (NIS), is designed to streamline visa applications, enhance security, and ensure a transparent, user-friendly process for both citizens and international visitors.
The initiative, announced on Wednesday, comes in response to growing concerns over fraudulent activities in visa applications, including document forgery and exploitation by unlicensed agents.
The platform integrates advanced identity verification technologies, leveraging the National Identity Number (NIN) and Bank Verification Number (BVN) to authenticate applicants.
This move aligns with the government’s broader efforts to strengthen Nigeria’s digital identity ecosystem and restore trust in its immigration processes.Speaking at the launch event in Abuja, Kemi Nandap, comptroller-general of the NIS, emphasized the platform’s role in modernizing Nigeria’s visa system.
“This is a significant step toward eliminating fraud and ensuring that only verified individuals can apply for visas. The days of middlemen exploiting applicants are over,” Nandap stated.
She added that the platform would provide a seamless experience, allowing applicants to submit documents, track their applications, and receive real-time updates from anywhere in the world.
The e-visa platform, accessible via the NIS website, incorporates biometric authentication and real-time data cross-referencing with the National Identity Management Commission (NIMC).
This ensures that all applicants are verified against Nigeria’s national database, significantly reducing the risk of identity theft.
Additionally, the platform eliminates the need for physical submissions at embassies or consulates, cutting down on bureaucratic delays and reducing opportunities for corrupt practices.
The launch has been met with mixed reactions. While many have praised the government’s efforts to modernize and secure the visa process, some applicants have expressed concerns about accessibility, particularly for those in rural areas with limited internet access.
The NIS has responded by announcing plans to establish support centers across the country to assist applicants with the online process.
The platform’s introduction follows reports of widespread visa fraud, with a 2023 report claiming that Nigerian visa applications were being rejected abroad due to suspicions of forged documents.
The new system aims to address these issues by centralizing and digitizing the application process, making it harder for unauthorized agents to operate.
The Federal Government has also partnered with private tech firms to ensure the platform’s cybersecurity and scalability.
According to a statement from the Ministry of Interior, the system is expected to process over 500,000 visa applications annually, boosting Nigeria’s tourism and business sectors by making the country more accessible to legitimate travelers.
e scammers,” the statement added.
E-Business
Report Reveals Over Half of Security Experts Overwhelmed Managing Cybersecurity Tools from Multiple Vendors

The majority of companies (78%) surveyed in South Africa and in the Middle East, Turkiye, and Africa (META) region, rely on multi-vendor ecosystems despite the fact that such fragmented security solutions lead to operational and financial strains. Such findings were revealed in recent Kaspersky research.
A study titled “Improving resilience: Cybersecurity through system immunity,” conducted by Kaspersky, examined how organisations manage cybersecurity today, focusing on vendor fragmentation, operational inefficiencies and future consolidation plans.
The survey was conducted across the META region, as well as in Europe, Russia, Latin America, and the Asia-Pacific region.
The report provides a comprehensive analysis of the current state of cybersecurity management across organisations, highlighting significant challenges associated with multi-vendor security environments.
The findings reveal that nearly half of security professionals (44%) surveyed in the META region find their security stacks to be overly complex and time-consuming to maintain, which hampers their ability to respond swiftly to emerging threats.
This complexity often results from the use of multiple security solutions from different vendors, each with its own management interface and operational requirements.
Furthermore, 49% of organisations surveyed in the META region experience budget overruns attributable to overlapping solutions.
These redundancies not only inflate costs but also complicate resource allocation and strategic planning. Compatibility issues exacerbate these difficulties as 43% of respondents indicate that they cannot automate security processes effectively because their tools lack proper integration, leading to manual interventions and increased chances of human error.
Additionally, 39% struggle with inconsistent threat visibility, as data collected from various vendors often fails to correlate seamlessly, creating blind spots and reducing overall situational awareness.
Despite these persistent challenges, the majority of organisations continue to operate within multi-vendor environments – 78% in the META region and in South Africa currently manage security across multiple providers.
Interestingly, 43% in META and in South Africa believe that a single cybersecurity provider could sufficiently meet all their needs, suggesting a recognition of the potential benefits of consolidation.
However, only 22% in the META region and 23% in South Africa have adopted a single-vendor approach in practice, reflecting a cautious approach driven by concerns over over-reliance on one supplier or the perceived risks associated with vendor lock-in.
The landscape is rapidly shifting toward consolidation: an overwhelming 88% of firms in the META region and 84% in South Africa are actively moving in this direction, over a third (34% in META and 39% in South Africa) have already begun merging their security tools into unified platforms, while an additional 55% in META and 45% in South Africa plan to do so within the next two years.
This trend underscores a strategic shift toward simplifying cybersecurity operations, reducing costs, and achieving more effective threat management through integrated solutions. As organisations increasingly recognise the advantages of streamlined security architectures, the move toward vendor consolidation is poised to reshape the cybersecurity landscape in the near future.
“The data from our research indicates that many organisations rely on multiple vendors by default, rather than through deliberate strategic planning. While diversification of security solutions can offer certain benefits, such as risk mitigation and coverage breadth, an unchecked increase in complexity often leads to significant resource drain and operational inefficiencies.
Moreover, this complexity can create critical blind spots, making it harder to maintain comprehensive threat visibility and respond effectively to emerging risks.
The emerging trend toward consolidation reflects a maturation in cybersecurity strategies, emphasising the adoption of integrated platforms that streamline management, reduce manual effort, and enhance overall visibility into security posture,” said Ilya Markelov, Head of Unified Platform product line at Kaspersky.
To enable comprehensive protection of all business assets and processes, Kaspersky experts recommend to use centralised and automated solutions such as Kaspersky Next XDR Expert.
By aggregating and correlating data from multiple sources in one place and using machine-learning technologies, this solution provides effective threat detection and fast automated response. Out-of-the-box integrations, automation features and case management help make infrastructure complexity much less of an issue.
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