E-Business
IDC Warns Firms to be Wary of Cybercrimes
The International Data Corporation (IDC) has said that cybercrimes are clear and present dangers which must be taken seriously by individuals, governments and organizations.
Lise Hagen, research manager, Software & IT Services, IDC (Africa), told Nigeria CommunicationsWeek that findings on cybercrimes showed that that are “politically driven” and that targets have been on high value assets / institutions.
She said that IDC researches showed that availability of “criminal services” is growing and rising forces of “hacktivism”.
Upon that corporations are still foot-dragging with regards making enough budgetary allocations to tackling IT security matters.
“There are widening budget gaps when compared to the threats. I think the focus should also embrace devising new strategies to tackle the problems. And that will be dependent on how claver you invest. It is a combination of investment and building of skills presently for the future. It is not just about the work place, we have to start educating people, even in schools; it is a programme for the whole society. The essence is for people to get into the web space and get the required skills. The other part of it is for companies to be strict about the implementation of their set standards or security policies. And that implies not being defensive,” she added.
Commenting on IT heads convincing management on budgets, Hagen said, “First and foremost, if you can give them business value; for instance letting them know the impact attacks will have on the business, the loses and delays, the general risks assessments, they will definitely respond. People compare notes. Unfortunately, most companies would wait until there is a major damage before they realize you are not just crying wolf.
“In other words, as an IT head do not relent in educating the executive not just to invest, rather continue to highlight the impact if disaster occurs. It is also important to get one key stakeholder that defends you at board level. If you can change the mind of one person on senior executive level if you have gotten an advocate; he will keep on banging the drums. And we must realize it is not just IT issue rather it is a business issue”.
Meanwhile, at the recent IDC road show, it has been revealed that greater percentage of IT breaches now stem from internal threats.
“Like one of the stakeholders stated during the road show you do not give people in an organisation any right to disrupt the system. You do not allow them access to the internet or to do anything. That is actually a very defensive-protection measure and in some industries it may work. But on the whole, it is not a viable option, because the world is changing too fast, especially now emphasis is shifting to Bring Your Own device (BYOD).
“So, I will still suggest educating the workforce and doing predictive analysis on your workforce. During the process, the Human Resources person should be linked up with what the IT is doing. For instance, if someone has resigned they is probably a chance he did for not been happy with the company, just control it. It cannot always be a big brother thing, depending on how you handle it, internal IT security threats can be mitigated.
“And some software companies not tackling issues related to security breaches right from the time of developing the software contribute to the headaches people are having. However, we also have to look at where the software is situated for usage. At the same time, we should be careful about how we apply the software, particularly when the issue of intellectual property is involved. Thus, some of the software companies really have to demonstrate value before people will be willing to pay a premium for their products.
“Part of the education has to start with the government. They have to be strict and ensure that before a company is given certificate or licence to develop software credibility has to be one of the criteria. When they do that, or set example with erring ones others will seat up. That will create room for expertise to shine and heighten the value that will stimulate the IT industry in Africa,” the IT research expert added.
E-Business
FG Determined to Protect Rights, Privacy Online- NITDA

Federal government is determined to protect Nigerians’ rights and privacy in the digital space, according to Dr Ayodele Bakare, assistant director, Cybersecurity Department, National Information Technology Development Agency (NITDA),

To achieve that, Bakare, said that the government has developed several policy and regulatory frameworks to strengthen cybersecurity.
Bakare, stated all these during an interview with the News Agency of Nigeria (NAN) in Abuja on Monday.
He said that cybersecurity governance in Nigeria was implemented through a collaborative approach involving multiple government institutions with different responsibilities.
According to him, the Office of the National Security Adviser (ONSA) provides overall coordination of national cybersecurity efforts through the National Cybersecurity Coordination Centre, which serves as its operational arm.
“At the national level, cybersecurity implementation is done collectively, and different government organisations are responsible for implementing different aspects of the national cybersecurity framework.
“At the top, however, the Office of the National Security Adviser coordinates these efforts through the National Cybersecurity Coordination Centre,” he said.
Bakare said that one of the key policy instruments guiding the country’s cybersecurity efforts was the National Cybersecurity Policy and Strategy Framework.
He also highlighted the legal framework provided by the Cybercrimes Prohibition and Prevention Act 2015, which was recently amended in 2024 to strengthen Nigeria’s response to cyber threats and digital crimes.
According to him, NITDA has also introduced sector-specific regulations to enhance cybersecurity in the country.
“One such regulation is the National Public Key Infrastructure Regulation, which is one of the core infrastructures required to ensure trust and security in digital communications and transactions,” he said.
Bakare said that NITDA played a pioneering role in Nigeria’s data protection landscape through the Nigeria Data Protection Regulation 2019, which laid the foundation for the current data protection framework.
He said the regulation had since evolved into a full legal framework implemented by the Nigeria Data Protection Commission.
Bakare disclosed that the agency was also finalising an Information Security Regulation that would soon be made available to the public.
He further explained that the regulation would provide organisations and individuals with clear guidelines on their responsibilities in safeguarding information and digital assets.
“Nigeria has continued to strengthen its legal and policy environment for cybersecurity, a development reflected in the country’s performance in the Global Cybersecurity Index.
“One of the pillars of the index focuses on legal measures and assesses the availability of national cybersecurity laws and regulations.
“Nigeria recorded a strong performance under the legal measures pillar, reflecting the country’s efforts to establish the necessary frameworks to support cybersecurity governance,” he told NAN.
He said that sustained collaboration among government agencies and stakeholders remained essential to effectively implement the existing policies and strengthen Nigeria’s digital security architecture.
E-Business
Firm Warns of Malware Aiming to Steal Data from Individuals, Organisations in Nigeria

According to Kaspersky telemetry, in 2025, spyware and password stealers attacks showed the biggest year-over-year growth in Nigeria among different analysed malware types.

Spyware, which is a type of malicious software installed on users’ devices to collect their data, grew in the number of attacks by 28% compared with the previous year. Password stealers, designed to gather users’ account information, increased in the number of attacks by 22%.
Exploits decreased slightly in the number of attacks in Nigeria, however they remain an acute threat that should not be underestimated. These are programs designed by cyber attackers to take advantage of vulnerabilities in an application or operating system to gain unauthorised access to it and to cause unintended behaviour to occur on software.
Ransomware, though very targeted in distribution, remains a high-risk threat for organisations, who should also guard themselves from supply chain and trusted relationship attacks.
Overall, Kaspersky security tools blocked more than 4 million online attack attempts on users in Nigeria in 2025. Online threats typically include different types of malware attacks, such as for example, password stealers, exploits, spyware, etc. Another 9 million on-device threats were blocked in the country, including malware delivered via infected USB drives.
“Operations coordinated by INTERPOL, such as Serengeti to which Kaspersky has contributed, demonstrate how international cooperation and threat intelligence sharing can strengthen the fight against cybercrime across Africa. At the same time, both organisations and individual users in the region play an important role in improving cybersecurity by staying informed about evolving threats and practicing good cyber hygiene.
“Dedicated security solutions, including Kaspersky Next for organisations and Kaspersky Premium for individuals, can further help reduce exposure to cyber risks,” said Moses Munguti, Technical Expert & Team Lead in Africa at Kaspersky.
Malware often reaches a device through phishing messages and websites employing social engineering techniques. If an operating system, browser, or application is outdated, attackers may exploit security flaws to install malware. To significantly reduce the risk of infections with malware, Kaspersky experts advise individuals and organisations to follow these best practices:
- Be cautious with links and attachments received, verify the sender before opening files or clicking links.
- Download software only from official sources.
- Install updates for systems and applications as soon as they become available.
- Use strong, unique passwords and enable multi-factor authentication wherever possible.
- Install reputable security software that can detect malware before it compromises the system.
- Regularly back up important data.
- Staying informed about current cyber threats and maintaining good digital hygiene helps keep devices and data safe.
E-Business
Nigus International, Elmirate Capital Ink $200m MoU for Nigeria’s Defense Tech, Satellite Hub

Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have inked a strategic memorandum of understanding to launch a next-generation defense technology, satellite systems, and advanced manufacturing platform in Nigeria, backed by up to $200 million in planned investment.

Nigus International
The partnership, channeled through a new Special Purpose Vehicle called Nigus Tactical Systems Ltd, aligns with Nigeria’s push for sovereign defense capabilities under the Defense Industries Corporation of Nigeria (DICON) Act 2023.
It targets local production of drones, armored vehicles, munitions, cyber defense tools, and satellite networks to cut import reliance and boost regional security.
“Africa is entering a pivotal phase where technological capability defines economic strength and national security,” said HRH Prince Malik Ado-Ibrahim, Executive Chairman of Nigus International.
“This platform supports innovation, advanced manufacturing, and technology transfer to build a sustainable industrial base for national and regional needs.”
Pankajj Ghode, Managing Director of Elmirate Capital, added: “We’re proud to partner with Nigus to position Nigeria as a technology and aerospace hub.
“Our $200 million commitment connects global expertise in defense, cybersecurity, and aerospace with local talent for resilient growth.”
Key focus areas include Class C manufacturing platforms for tactical/ISR drones, unmanned aerial systems, ammunition, munitions, armored vehicles, and protected mobility; counter-terror surveillance with data analysis and border security tech; military cyber defense and cyber ranges; plus earth observation satellites, secure networks, and geospatial intelligence for defense and civilian use. The initiative aims to create high-value jobs, foster technology transfer, and establish Nigeria as a regional tech hub.
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