E-Business
OIIE to Host StartUP Friday 5th Edition in Lagos, Ycombinator to Attend

The fifth edition of StartUP Friday programme of the Office for ICT Innovation and Entrepreneurship (OIIE), a subsidiary of National Information Technology Development Agency (NITDA) has been scheduled for Lagos State.
The event which will hold on Friday 23 September, 2016, promises to be eventful and impactful within the innovation eco-system in Nigeria, said OIIE in an email to Nigeria CommunicationsWeek.
The programme will hold at the Landmark Events Centre, Victoria Island, Lagos from 2.00pm.
StartUP Friday, designed and organized by the OIIE, is a community building event in Nigeria, that is helping startups to connect to investors, mentors, celebrity entrepreneurs, buyers, partners, consultants, developers and policy makers, thus helping the startups to grow and scale their businesses.
From 73 co-founders in attendance in February 2016 to 974 in July with 74 investors, OIIE has deepened the value in startup community building through provision of seed funding, mentorship, grinding sessions, access to national and global platforms for more than 30 tech-driven start-ups in Nigeria.
A key feature worthy of mention in this upcoming edition of StartUP Friday is the participation of YCombinatorat in the Lagos maiden edition.
Silicon Valley based Ycombinator has been termed the world’s most powerful startup accelerator that Fortune has described as “a spawning ground for emerging tech giants”. Nigerian startups will have an opportunity to pitch for funding and accelerator program at Y Combinator during the Lagos edition of StartUP Friday.
This edition of StartUP Friday will feature amongst others:
Seed Stage ShowUP-to-Pitch: innovative seed stage startups will pitch their products that address Agric, Healthcare, Financial Services, Robotics/Drones/IoT and Renewable Energy challenges.
Growth Stage Pitch: At this session, startups at growth stage, seeking to scale will pitch their startup before the audience of investors.
FutureHACK Session: where out-of-this world, innovative, futuristic but thought-provoking ideas and/or solutions will be presented for further research and funding into becoming viable ventures.
Fireside Chat on Sourcing and Investing in Deals; Networking Session amongst startups, investors and ecosystem players.
Another interesting feature of the Lagos edition of StartUP Friday is tagged FutureHACK. It is a program designed to develop tech-driven solution out of research into future lifestyle that can be disrupted or amplified.
OIIE will be holding a FutureHACK competition for undergraduates of tertiary institutions at Afe Babalola Auditorium in UNILAG on Thursday, September 22 from 10am to 4pm.
During this pitching competition, 6 to 10 top-notch futuristic ideas pitched by the students will be selected to pitch at the StartUP Friday event on September 23.
The top three ideas with great potential impact will receive cash prizes from OIIE and be assigned mentors to help them refine the ideas for prototype development.
If you are an undergraduate with a great tech-driven idea that can solve socio-economic problems or impact on lifestyle in the nearest future, FutureHACK competition is for you. Click here to register to pitch at FutureHACK competition inside UNILAG on September 22.
Other Expected Guests:
This edition will have in attendance as special guests of honoursDr. Vincent Olatunji (Acting DG, NITDA), Michael Seibel, (Partner, Y Combinator), Qasar Younis (Partner, Y Combinator), Yemi Candide-Johnson (Senior Partner, Strachan Partners), Ibrahim Sagna (Head, Financial Advisory, African Finance Corporation), Chika Nwobi (Founder, L5Lab), NgoziDozie(Director, OneFi Kaizen Venture Partners), Dr. (Mrs.) Omobola Johnson (Partner, TLCom Partners Nigeria), Marek Zmyslowski (CEO/Founder, Hotel Oga), GossyUkanwoke (Investor/Founder, Beni American University), YeleOkeremi (CEO/MD, Precise Financial Systems Ltd), Niyi Yusuf (Country MD, Accenture Nigeria), Lanre Philips (MD, ELpee Consults).
To register for the epic StartUP Friday event and for an opportunity to pitch as a tech-driven startup, visit the registration page, as stated by OIIE.
E-Business
Firm Discovered a New Corporate Phishing Technique using a Popular AI Web Development Platform

Kaspersky has discovered that attackers have begun exploiting another legitimate service for malicious purposes – this time it is Tencent EdgeOne Pages, a platform for creating and hosting web applications.

Attackers are misusing its capabilities to generate phishing emails targeting corporate users. Previously Kaspersky has described similar attacks leveraging Google services and web applications generated by Bubble, an AI-powered app builder, to hunt for corporate credentials.
Employees across multiple industries including the industrial sector, sales, and government are among the targets. The goal of the attack is to steal login credentials for corporate resources. Over the past 30 days, the company’s experts have detected more than 8,000 phishing emails using this tactic, including messages in English, Korean, and Russian.
The Tencent EdgeOne Pages service is positioned as a platform for quickly creating and deploying web applications using AI. Scammers misuse it to generate and publish phishing pages in minutes with virtually no web development skills.
Attackers host phishing pages on EdgeOne’s legitimate cloud infrastructure and use trusted domains. As a result, such sites appear to be established and secure to many protective solutions, complicating the detection of such attacks.
How the attack begins
The user receives an email from the alleged “corporate email support team”. The message states that the account login credentials will expire in 48 hours, and that failure to update them may result in problems receiving or sending emails.
To avoid restrictions, the user is prompted to click a link and enter relevant information. Phishing emails are not limited to this narrative, and could deliver any corporate message, such as a message from the HR department or a notification of a received document that should be downloaded.
Clicking the link in the email opens a page with a form for entering the victim’s name, email address, and password. It is a simple design, with virtually no additional elements.
After the user enters their login and password, the data is transferred to a server controlled by the attackers.
“We are seeing a continuation of the trend in which attackers use AI and no-code platforms as part of their phishing infrastructure. We’ve previously observed a similar scheme using the Bubble platform, and here we have yet another example.
“While the communication used in these phishing attacks is typical and has been used before multiple times, the attack technique itself significantly lowers the barrier to entry for attackers and accelerates the creation of phishing resources.
“Previously this required at least basic web development skills, but now an infrastructure for fraudulent emails can be created in minutes,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.
E-Business
Kaspersky Report Shows Early 2026 Witnessed an Increase in Cyberattacks on the Manufacturing Sector

According to a new Kaspersky ICS CERT report, in Q1 2026 the percentage of industrial control systems (ICS) on which malicious objects were blocked reached 19.6% globally. Kaspersky security solutions blocked malware from 10,052 different malware families of various categories on industrial automation systems.

Regionally, the share of ICS computers that were attacked ranged from 27.4% in Africa to 9.1% in Northern Europe. Compared to the previous quarter, attacks on the manufacturing sector in Q1 increased in multiple regions, including in Europe and Asia.
Regional split
In terms of overall numbers across all industry sectors, five regions saw an increase in the share of attacked ICS computers in Q1 2026 compared to the previous quarter. These were Southern Europe, Russia, Northern Europe, Canada and Africa.
Industries
In Q1, biometric systems traditionally placed first in terms of the share of ICS computers on which malicious objects were blocked, at 26.4%. These systems commonly have Internet access, are used for email, and, in many cases, have minimal cybersecurity controls within the organisations that use these systems.
Regionally, Southern Europe leads the ranking based on the percentage figures for biometric systems, at 35.15%. Africa follows at 29.58%, and Central Asia comes in third at 28.53%.
In the manufacturing industry, Southeast Asia ranks first among regions in terms of the percentage of ICS computers attacked (23.21%), followed by Africa (21.36%) and South Asia (20.13%).
In 2025, Kaspersky and VDC Research estimated that in just the first three quarters of 2025 cyberattacks on manufacturing organisations via ransomware could have generated over $18 billion globally in losses. Actual business losses could have been even higher when factoring in supply-chain disruptions, reputational damage, and recovery expenses.
“Legacy operational technology systems remain deeply embedded in manufacturing environments, which makes them vulnerable. Supply chain complexity and branching of the trusted partner network expands the attack surface beyond the network perimeter.
Attackers are realising that targeting OT assets of an industrial enterprise is not rocket science, which is why factory shutdowns bring massive financial losses,” commented Evgeny Goncharov, Head of Kaspersky ICS CERT.
E-Business
NDPC, Meta Launch 2-Year M-SIDP after Regulatory Settlement

Nigeria Data Protection Commission (NDPC) has launched the Meta-Supported Initiatives for Data Protection (M-SIDP), a strategic programme aimed at strengthening data privacy awareness, regulatory compliance and institutional capacity across Nigeria’s digital ecosystem.

The initiative follows the conclusion of regulatory proceedings involving Meta Platforms Inc., the parent company of Facebook, Instagram and WhatsApp, over concerns relating to the processing of personal data belonging to Nigerian users. The matter was resolved in 2025 through a court-approved settlement.
Under the agreement, Meta committed to supporting a two-year programme of public-facing data protection measures designed to advance the objectives of the Nigeria Data Protection Act (NDP Act) 2023, the General Application and Implementation Directive (GAID), and the NDPC Strategic Roadmap and Action Plan (SRAP) 2023–2027.
Announcing the initiative, the Commission said the programme would strengthen safeguards for data subjects while promoting responsible data processing practices among organisations operating in Nigeria.
According to a statement signed by Itunu Dosekun, head of the NDPC Media Unit, the programme will focus on governance, research and development, safety and sustainability mechanisms for technology ecosystems, capacity building for Data Protection Officers (DPOs) and Data Protection Compliance Organisations (DPCOs), as well as public awareness campaigns targeted at vulnerable groups.
The Commission stated, “As part of the settlement, Meta committed to supporting a two-year programme of public-facing data protection measures that aligns with the objectives of the Nigeria Data Protection Act, 2023 (NDP Act), the NDP Act General Application and Implementation Directive (GAID) and the NDPC Strategic Roadmap and Action Plan (SRAP) 2023–2027.”
The NDPC stressed that the settlement does not limit its regulatory authority.
“Nothing in this settlement limits the Commission’s independent statutory powers as we continue to exercise our regulatory mandate in relation to data processing activities in Nigeria, in accordance with the NDP Act and other applicable laws,” it stated.
The development comes amid rising global scrutiny of technology companies over data privacy practices, with regulators in regions including the European Union and the United States tightening enforcement against breaches and non-compliance.
Nigeria has also intensified efforts to strengthen its privacy framework following the enactment of the Nigeria Data Protection Act in 2023, which established the NDPC as an independent regulator empowered to monitor compliance, investigate violations and impose sanctions.
Industry experts warn that increasing digital adoption across banking, telecommunications, e-commerce, healthcare and public services has heightened risks of identity theft, cybercrime and unauthorised data sharing.
The NDPC has in recent years stepped up enforcement actions against organisations that violate data protection rules, while also expanding accreditation for Data Protection Compliance Organisations and training for privacy professionals.
The Meta-supported initiative is expected to address gaps in public awareness and technical capacity, while also supporting research and policy development on emerging issues such as artificial intelligence, cross-border data transfers and platform governance.
The Commission said it would provide periodic updates on the implementation of the programme and called on stakeholders to support efforts to build a secure, transparent and accountable privacy ecosystem in Nigeria.
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