E-Business
IOT Botnets Worsen Cyber Security Risks

The use of botnets to disrupt Internet services form part of the near-term threat landscape.
This is according to a recent Juniper report, which notes embedded connectivity is increasingly being used as a product differentiator, but unless action is taken, it can lead to cyber security risk created by botnets. Juniperpredictsthat botnets will be used for more malicious purposes in future, impacting consumer, industrial and public services markets.
Attacks such as those on Dyn last October can be viewed as an example of things to come, notes research author Steffen Sorrell. With the Mirai botnet, hackers unleashed a complex attack on the Internet through common devices like Web cams and digital recorders and cut access to some of the world’s best known Web sites.
“Given that the botnet’s source code has been made publicly available and that the Internet of things trend is on the rise, no decline in IOT botnet activity should be expected in the near future,” adds Denis Makrushin, security researcher at Kaspersky Lab.
Sorrell believes in the medium-term, botnets will be used far more creatively – not only to disrupt services, but also to create a distraction enabling multi-pronged attacks aimed at data theft or physical asset disruption.
The challenge is that with the growth of mobility locally, many connected devices are not actually managed by IT departments, says Makrushin.
As a result, many bot attacks are simply against IP-facing IOT devices, where an attacker is looking for basic passwords or vulnerabilities and companies are not aware their devices have been used in an attack, he adds.
The general consensus is that IOT devices are sitting ducks, especially if they are not protected – and it’s an inevitability that they will be used as bots, says Makrushin.
“Very few devices have the form factor and engineering to support additional security such as encryption, and/or lack an update mechanism to automatically pull and install patches. And to compound the issue is that devices are shipped with tepid passwords, default or weak credentials that are easily sniffed out by automated scripts.”
Fortinet is already seeing an increase in very disparate type of attacks and there will be increased as we move onto 2020, as the world’s business, digital estate assets and manufacturing are leaning towards IOT’s solutions to improve productivity in the different vertical markets, says Paul Williams, country manager at Fortinet SADC.
“Some IOT botnet attacks are similar in some incidents, but as the industry moves forward we will see new types of attack characteristics which will have to be combated in different degrees as each IOT devices has a different operating system and different set of protocols they use, says Makrushin.
“IOT botnets are not an upcoming threat. They are a real threat and we should be concerned about the future, and the past, as there are so many unsecured embedded devices out there.”
E-Business
Microsoft Servers Hacked by Chinese Groups

Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.
China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have “exploited vulnerabilities” in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.
The US tech giant has released security updates in response and has advised all on-premises SharePoint server customers to install them.
“Investigations into other actors also using these exploits are still ongoing,” Microsoft said in a statement.
The firm said it had “high confidence” the hackers would continue to target systems which have not installed its security updates.
It added that it would update its website blog with more information as its investigation continues.
Microsoft said it had observed attacks in which hackers had sent a request to a SharePoint server “enabling the theft of the key material by threat actors”.
Charles Carmakal, chief technology officer at Mandiant Consulting firm, a division of Google Cloud, told reporter, it was “aware of several victims in several different sectors across a number of global geographies”.
Carmakal said it appeared that governments and businesses that use SharePoint on their sites were the primary target.
A number of adversaries who stole material encoded by cryptography were then able to regain ongoing access to the victims’ SharePoint data, he said.
“This was exploited in a very broad way, very opportunistically before a patch was made available. That’s why this is significant,” Carmakal said.
Carmakal said the “China-nexus actor” was deploying techniques similar to previous campaigns associated with Beijing.
Microsoft said Linen Typhoon had “focused on stealing intellectual property, primarily targeting organizations related to government, defence, strategic planning, and human rights” for 13 years.
It added that Violet Typhoon had been “dedicated to espionage”, primarily targeting former government and military staff, non-governmental organizations, think tanks, higher education, the media, the financial sector and the health sector in the US, Europe, and East Asia.
Meanwhile, Storm-2603 was “assessed with medium confidence to be a China-based threat actor”.
E-Business
NIMC Warns Nigerians of Fake NIN Website

National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.
According to the commission, the website has been circulating online to offer services for Nigerians seeking National Identification Number (NIN) services.
NIMC, in a post on its official X account on Wednesday, said, “NINcard.com is not in anyway affiliated to NIMC. Stay vigilant!”
The warning was accompanied by screenshots of fake payment receipts and OTP request pages from the website, both of which were boldly stamped “FAKE” by NIMC to alert the public.
E-Business
NITDA, API Partner Against Harmful Online Content

National Information Technology Development Agency (NITDA), in partnership with the Advocacy for Policy and Innovation (API), has convened a one-day workshop in Abuja to advance dialogue on the draft Online Harm Protection (OHP) Bill to confront harmful online content.
The bill, a rights-based, locally rooted, and multi-stakeholder initiative, is aimed at addressing the challenges of the digital age.
The event, which held yesterday, brought together government officials, civil society, academics, digital platforms, and legal experts to shape a policy framework designed to combat online ills such as cyberbullying, disinformation, hate speech, digital exploitation, and gender-based violence, while safeguarding democratic freedoms and digital inclusion.
In his keynote remarks, Kashifu Inuwa, director general, NITDA urged a paradigm shift in the way society engages with digital technologies.
“For almost two decades, we have viewed digital technology through a consumer lens. But these technologies are not just products and services. They are transforming how we live, work, and interact. They shape our politics, our society, and our democracy,” he said.
Warning against unaccountable digital power in the hands of private corporations, the DG likened the digital journey to the tale of Alice in Wonderland, where initial fascination with innovation has given way to deeper concerns about privacy, autonomy, and manipulation by big tech platforms.
“We thought we were using Google, but now we realise Google is using us. Social media, once a tool of expression, has become a tool of surveillance and influence,” Inuwa noted.
He, therefore, emphasised the urgency of developing a democratic and accountable framework. He explained that following the 2021 Twitter ban, NITDA facilitated dialogue between the government and platform operators, leading to a Code of Practice that stressed Nigeria’s sovereignty and legal standards.
According to him, the same process birthed the multi-stakeholder steering committee and the OHP White Paper in December 2024, laying the foundation for the current legislative push.
Earlier in her opening remarks, Victoria Manya, co-founder, API, observed the moral and civic necessity of the bill.
Her words: “The internet did not break society, it merely revealed its unfiltered version. Every day, Nigerians are exposed to harassment, disinformation, exploitation, and even algorithmic violence. The OHP Bill is not a war on the Internet. It is a peace offering to its users, a social contract for a digital future that is safe, inclusive, and democratic.
“We cannot answer the question of algorithmic power with unchecked state control. We must answer it with shared, rights-based governance. This bill must not be written for the people, but with them.”
- Telecom3 days ago
MTN Nigeria Rewards 1,500+ Winners with ₦290m in Mega Billion Promo
- E-Financial3 days ago
Naira Slides Again, Hits ₦1,532.34/$ Despite CBN’s Dollar Push
- E-Business3 days ago
Microsoft Server Hack Likely Solo Actor, Thousands at Risk
- E-Business3 days ago
Flaw in Microsoft SharePoint Sparks Global Cybersecurity Concern
- Telecom3 days ago
MTN, MTV Base Launch “Room of Safety” Series to Promote Online Child Safety
- E-Financial2 days ago
Kuda Unveils New Wallet for Multiple Currencies
- Telecom3 days ago
MENXTT Tech NG Debuts USA-Spec Devices and Redefines IT Retail in Nigeria
- E-Financial3 days ago
Fidelity Bank to Empower 100 SMEs Across Nigeria with Digital Tools