Connect with us

News

Prolexic Issues High Alert DDoS Attack Threat Advisory

Published

on

cyber-warfare.jpg
Kindly share this post

Prolexic Technologies the global leader in Distributed Denial of Service (DDoS) protection services, now part of Akamai (NASDAQ: AKAM), has issued a high alert threat advisory on NTP amplification DDoS attacks.

This attack method has surged in popularity this year, fueled by the availability of new DDoS toolkits that make it simple to generate high-bandwidth, high-volume DDoS attacks against online targets. 

A complimentary copy of the threat advisory is available at www.prolexic.com/ntp-amplification.

“During the month of February, we saw the use of NTP amplification attacks surge 371 percent against our client base,” said Stuart Scholly, SVP/GM Security, Akamai Technologies.

“In fact, the largest attacks we’ve seen on our network this year have all been NTP amplification attacks.”

Advertisement

While NTP amplification attacks have been a threat for many years, a number of new DDoS attack toolkits have made it easier for malicious actors to launch attacks with just a handful of servers.

With the current batch of NTP amplification attack toolkits, malicious actors could launch 100 Gbps attacks – or larger – by leveraging just a few vulnerable NTP servers.

Unlike the largest attacks of the past two years, the NTP amplification attacks were not focused on any particular sector. Industries targeted by NTP amplification attacks in February included finance, gaming, e-Commerce, Internet and telecom, media, education, software-as-a-service (SaaS) providers and security.

In the Prolexic Security Engineering & Response Team (PLXsert) lab environment, simulated NTP amplification attacks produced amplified responses of 300x or more for attack bandwidth and 50x for attack volume, making this an extremely dangerous attack method.

PLXsert’s NTP Amplification Attack threat advisory provides a detailed analysis of the threat, sample payloads, recommended DDoS protection and mitigation techniques, as well as case studies on two NTP amplification attack campaigns directed against Prolexic clients.

Advertisement

A complimentary download of the threat advisory is available at www.prolexic.com/ntp-amplification.

Designed to provide early warnings of new or modified DDoS denial of service attack signatures and scripts, recently observed by PLXsert, each threat advisory contains a detailed description of the type of DDoS attack, a list of attack signatures, and the specific network infrastructure or application that it targets.

In addition, Prolexic’s DDoS mitigation experts also offer insight into the nature of each type of attack, as well as provide specific warnings as to how the attack will affect businesses and enterprises of different sizes and infrastructures.

Advertisement

Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

News

Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

Published

on

Kindly share this post

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.

Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.

For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.

CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”

Advertisement

Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.

Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.

Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”

The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.

That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.

Advertisement

Kindly share this post
Continue Reading

News

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Published

on

Kindly share this post

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.

Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.

According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.

Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.

Advertisement

Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.

He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.

The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.

The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.

The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.

Advertisement

 

Kindly share this post
Continue Reading

News

Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

Published

on

Kindly share this post

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.

In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”

Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.

However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.

Advertisement

She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.

Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.

“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.

Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.

Advertisement

Kindly share this post
Continue Reading

Trending