E-Business
Over 150,000 New Malware Created Daily in 2Q2014

A whopping 160,000 new malware samples were generated in the second quarter of this year, bringing the number 15 million, with trojans once again accounting for the majority.
However, Potentially Unwanted Programs (PUPs) showed a major growth spurt, according to Panda Security, according to a report by Infosecurity Magazine.
PandaLabs, a Spanish security vendor’s research arm revealed the figures in its Quarterly Report for Q2, claiming that over those three months, a whopping 160,000 new samples were created every day.
Some 58.2% of newly created threats were trojans, a drop from Q1 but only because of the rise in PUPs (24.77%), it said.
The report explained that, “This increase in the number of PUPs is not by chance. Over recent months we have witnessed a significant increase in the creation of software bundlers, programs that install PUPs on computers along with the programs that the user actually wants to install – without asking for the user’s consent. Although these bundlers have been around for some time, new companies have sprung up who exploit these programs and profit from installing unwanted software without properly informing the user.”
When it comes to regional stats, China (51%) once again had the highest infection rate of any country.
Aside from Japan, which had an infection rate of 24.2%, the ten countries least affected by malware were European.
The UK came halfway down that list with 25% – well below the global average of 37%.
PandaLabs also noted an increase in attacks on iOS users during the quarter, specifically calling out a new piece of Chinese malware targeting unlocked iPhones and designed to steal user credentials.
Another high profile attack targeting Apple users in May demanded a ransom payment after locking their devices via ‘Find my iPhone’ technology.
There was good news in the quarter, however, with the FBI and the UK’s NCA temporarily disrupting the infamous Gameover Zeus botnet, allowing users to remediate their machines and install more effective security software, according to InfoSecurity reports.
E-Business
Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.
The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.
In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.
Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.
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.
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