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.
Africa’s leading technology distributor Powerhouse, TD Africa, has reaffirmed its commitment to advancing cybersecurity awareness and digital resilience by sponsoring the 3rd Annual Secure 360 Summit Nigeria 2026, hosted by global cybersecurity leader Check Point Software Technologies, as Gold Sponsor.
Chioma Chimere, Coordinating Managing Director, TD Africa
This year’s summit was held in Abuja and Lagos, bringing together key stakeholders from across Nigeria’s technology ecosystem.
Now in its third edition, the Secure 360 Summit has evolved into one of Nigeria’s premier cybersecurity forums, bringing together Chief Information Security Officers (CISOs), Chief Information Officers (CIOs), IT Directors, and senior technology leaders from the financial services, telecommunications, enterprise, energy, and public sectors to address today’s rapidly evolving cyber threat landscape.
Speaking on the significance of the summit, Kingsley Oseghale, Country Manager, Check Point Nigeria, emphasized the need for stronger collaboration in tackling emerging cyber risks. “Cybersecurity has become a business priority rather than just an IT concern.
“Through the Secure 360 Summit, we continue to provide a platform for industry leaders to exchange insights, strengthen partnerships, and explore innovative approaches to securing today’s digital economy.
“We are pleased to have TD Africa as a valued partner in driving cybersecurity awareness across Nigeria.”
In her remarks, Chioma Chimere, Coordinating Managing Director, TD Africa, applauded Check Point for creating a platform that addresses one of the most critical challenges facing businesses and individuals. “Cybersecurity is everyone’s business. We owe it to ourselves, our organisations, and our communities to remain security-conscious in an increasingly connected world.
“At TD Africa, innovation drives everything we do, and innovation can only thrive in a secure environment.
“This is why we are proud to support initiatives like the Secure 360 Summit that promote knowledge sharing and strengthen our collective cyber resilience.”
The summit featured expert-led sessions on emerging cyber threats, artificial intelligence, cloud security, ransomware, and strategies for building resilient digital infrastructures, equipping participants with practical insights to navigate today’s cybersecurity landscape.
Through its continued partnership with global technology leaders like Check Point, TD Africa remains committed to empowering businesses across Africa with world-class cybersecurity solutions, fostering industry collaboration, and driving the continent’s secure digital transformation.
President Bola Tinubu has directed the National Identity Management Commission (NIMC) to ensure that every Nigerian is enrolled in the national identity database before the end of 2026, according to Abisoye Coker-Odusote, director general and chief executive officer of the agency.
Abisoye Coker-Odusote, director general and chief executive officer, NIMC
Coker-Odusote, who appeared on Channels Television, said the directive forms part of the federal government’s efforts to establish a comprehensive national identity system capable of supporting effective governance, planning, and service delivery.
“The President has given us till the end of this year to make sure that we capture every single Nigerian,” she said.
According to her, NIMC is working with partners under the World Bank-supported Identification for Development (ID4D) project to accelerate nationwide enrolment.
“What we have done is we have partnered through the World Bank ID4D project with front-end partners. They are part of the digital identity ecosystem. These are private citizens that we’ve enabled and given jobs to enrol citizens on our behalf,” she explained.
She stressed that the National Identification Number (NIN) remains a unique identifier, ensuring that every individual is registered only once.
“That’s why it’s called a unique identifier, so that you’re only enrolled once,” the NIMC DG added.
Coker-Odusote said Nigeria’s actual population remains uncertain, with estimates ranging from 200 million to 250 million, making a comprehensive identity database essential for national planning.
“It is estimated that we’re 200 million. When we’re done enrolling, we will then know the actual numbers that we have. Some estimates say 230 million, while a few people say 250 million.
“Your identity is basically the foundation for effective governance and service delivery. How can you plan if you don’t know the total number of persons that you have? We have been mandated by Mr President to go down to the community levels to enrol every single Nigerian”, she said.
Responding to concerns about whether an individual could obtain multiple identities by registering in different locations or under different names, the NIMC boss said the commission’s biometric verification system prevents such occurrences.
She explained that while the previous system could accept duplicate enrolments before detecting them later, the current process automatically identifies and invalidates multiple registrations.
“The legacy system had no way of verifying at the front end whether you had already been captured. Once the record comes into the system, it flags it as a duplicate or that the person already exists in the database.
“You would only have one identity generated for you. The other record goes into a deduplication bucket where it is invalidated,” she said.
The NIMC DG added that biometric verification, including fingerprints and facial recognition, makes it virtually impossible for one person to maintain multiple identities.
“Absolutely. One of the things that this Act has done is to cement our role in capturing biometrics. Private and public sector organisations will no longer capture biometrics independently. They will validate identities through API integration with NIMC.
“The telcos are already doing that with us. If you need a SIM card, they capture your facial biometrics, which are matched against our database in real time to confirm that you are who you claim to be. We’re using biometric validation to tighten security around identity confirmation,” she said.
The remarks come weeks after Tinubu signed the National Identity Management Commission (NIMC) Act 2026 into law on June 26, repealing the 2007 legislation.
The new law reinforces the “One Person, One Identity” policy by making the NIN the country’s foundational identity credential for accessing government and essential private services, including banking, passport applications, tax administration, pensions, land transactions, and consumer credit.
It also introduces stiffer penalties for identity theft, multiple registrations and unauthorised access to personal identity data, while strengthening data privacy protections and granting NIMC wider powers to investigate identity-related offences.
Cybersecurity and privacy experts are raising concerns around the growing trend of sports fans using generative AI to create World Cup-related images, mock-ups, predictions and social media content.
Whilst offering new ways for supporters to engage with major sporting events, these tools also introduce risks that many users may underestimate. In light of this, Kaspersky has shared the key risks fans should keep in mind when using generative AI tools, so they can continue enjoying the championship with peace of mind.
When fan AI goes rogue. A growing number of AI tools are being used to create World Cup-themed visuals, avatars, memes and other fan content. While these services may seem creative and harmless, not all of them come from trusted providers.
Many are launched quickly to capitalise on interest around major events, increasing the likelihood that users will interact with platforms that offer limited transparency around data handling, lack adequate privacy and security measures, or might even be designed with malicious intent.
Personal data at stake. To create customised World Cup content, users are often asked to upload selfies, sign up with an email address, connect social media accounts or share other personal information. In doing so, they may reveal more information than necessary without fully understanding how that data will be stored, used, or potentially exposed.
“AI-driven fan content may seem harmless, but one of the key privacy risks is that users are often encouraged to share far more personal information than necessary. A simple request to generate a themed avatar can involve the collection of photos, contact details, account data and behavioural insights – information that may later be insufficiently protected.
“Because major global events often create an ideal environment for opportunistic actors, fans should take a closer look at how these tools manage personal data before engaging with them,” says Anna Larkina, web content analysis and privacy expert at Kaspersky.
When fan content becomes a scam. AI-generated World Cup content in some cases can also be used to support fraud. Cybercriminals may use convincing mock-ups, fake giveaways, or official-looking fan pages to attract attention and build trust. Once users engage, they may be redirected to phishing sites, fake stores, fraudulent offers, or betting-related scams. Generative AI makes these campaigns easier to produce, more persuasive and far easier to scale.
The myth of AI predictions. Another area that deserves caution is AI-powered match prediction. However advanced or data-driven these tools may appear, AI cannot reliably predict inherently uncertain sporting outcomes. When used to promote betting, paid subscriptions or “insider communities”, such services can create a false sense of confidence and encourage risky decisions.
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