E-Business
Rally Trade Unveils new website & partner program

Rally Trade has unveiled its New Partner Program and website. The new partner program is aimed at empowering its proficient clients to share their new-found skills with others while representing the values that Rally Trade stands for.
Speaking at the unveiling, Luca Constantinescu, CEO, Rally Trade; said that the platform is custom built for Nigerian partners which will enable them to generate additional revenue that rewards and supports their efforts.
He explained that anyone with social and teaching skills is invited to register themselves in Rally Trade’s Partner Program either as an Introducing Broker or an Affiliate, to access their database of promotional and educational materials, and start collecting the rebates rewarded for their referrals.
Constantinescu added that the brand-new Partner Program is based on a Multi-Tier structure that enables its partners to earn on introduced sub-partners as well up to 3 Tiers.
He also revealed that they have increased percentage split of Net Spreads, starting from 1st of August 2019.
This new rebate system, according to him will offer 60% of Net Spread for Direct Clients, 15% of Net Spread for Tier 2 Clients and 5% of Net Spread for Tier 3 Clients.
He said, “Serving as an example of the latest trends and technology available for a better user experience, Rally Trade’s website (www.rally.trade) has just gone through a major overhaul.
“It has been developed specifically for its Nigerian users to accommodate the need for a platform that encourages online access making vital information available from anywhere and at any time.
“Traders anywhere will be able to find the latest industry news, regularly updated market analysis, an events section to keep them up to date on all upcoming events, and an updated learning centre created for all traders by visiting www.rally.trade.
“Also starting on the 1st of August 2019, trading conditions on its MT4 Platform will be upgraded. “Leverage, currently set at a maximumof 1:200, will be increased to 1:500. This upgrade comes as a popular demand from traders that use the most prevalent trading platform in the world.
“Moreover, Rally Trade will continue to offer leverage as high as 1:1000 on its cutting-edge Rally xTrader platform for proficient traders.”
Rally Trade, established in 2015, is an international online broker providing highly competitive brokerage services to markets with emerging economies.
Winner of the “Best New Comer Broker in the Region” Award at the Lagos Forex Expo in 2015 and the “Best Broker in Nigeria” Award at the 2018 Lagos Traders Expo.
Rally Trade is well known for the top quality services it is providing to its Nigerian customers alongside the exciting competitions it has organized on its cutting edge trading platforms.
In Nigeria, Rally Trade currently has offices in Lagos, Port Harcourt, and Ibadan, and plans on expanding its reach across the nation.
Rally Academy serves as the educational arm of Rally Trade and is a platform that enabled the company to make considerable investments in the financial education of Nigerians.
Employing a team of world class professionals to guide Nigerians in starting their online businesses, Rally Academy specializes in services for Online Entrepreneurs and Investors, holds recurring seminars and educational events across the country informing the public on various streams of income via online businesses.
Over the past 3 years, Rally Academy has trained over 10,000 entrepreneurs and enabled them to start generating incomes in the online environment.
The Partner Program which is now available for pre-registration at www.rally.trade/Partner-Program/register will commence on the 1st of August, 2019.
E-Business
Firm Reports a 48% Increase in Malicious Packages Threatening Software Supply Chains

Kaspersky’s Global Research and Analysis Team (GReAT) experts at the 10th annual Cyber Security Weekend – META 2025 held recently, talked about supply chain attacks and reported that by the end of 2024 a total of 14,000 malicious packages were found in open-source projects, a 48% increase compared to the end of 2023. 42 million versions of open-source packages have been examined by Kaspersky throughout 2024 in search for vulnerabilities.
Open-source is software with source code that anyone can inspect, modify, and enhance. Popular open-source packages include GoMod, Maven, NuGet, npm, PyPI, and others.
These are tools that power countless applications and help developers easily find, install, and manage pre-built code libraries, making it simpler to build software by reusing code others have written. Attackers take advantage of the popularity of these and other packages.
In March 2025, the Lazarus Group was reported to have deployed several malicious npm packages, which were downloaded multiple times before removal. These packages contained malware to steal credentials, cryptocurrency wallet data, and deploy backdoors, targeting developers’ systems across Windows, macOS, and Linux.
The attack leveraged GitHub repositories for added legitimacy, highlighting the group’s sophisticated supply chain tactics. Kaspersky’s GReAT also found other npm packages related to this attack. Malicious npm packages could have been integrated into web development, cryptocurrency platforms, and enterprise software, risking widespread data theft and financial losses.
In 2024, a sophisticated backdoor was discovered in XZ Utils versions 5.6.0 and 5.6.1, a widely used compression library in Linux distributions. Inserted by a trusted contributor, the malicious code targeted SSH servers, enabling remote command execution and threatening countless systems globally.
Detected before widespread exploitation due to performance anomalies, the incident highlighted the dangers of supply chain attacks. XZ Utils is integral to operating systems, cloud servers, and IoT devices, making its compromise a threat to critical infrastructure and enterprise networks.
In 2024, Kaspersky’s GReAT discovered that attackers uploaded malicious Python packages like chatgpt-python and chatgpt-wrapper to PyPI, mimicking legitimate tools for interacting with ChatGPT APIs.
These packages, designed to steal credentials and deploy backdoors, capitalised on the popularity of AI development to trick developers into downloading them. These packages could have been used in AI development, chatbot integrations, and data analytics platforms, endangering sensitive AI workflows and user data.
“Open-source software is the backbone of many modern solutions, but its openness is being weaponised. The 50% rise in malicious packages by the end of 2024 shows attackers are actively embedding sophisticated backdoors and data stealers in popular packages, which millions rely on.
“Without rigorous vetting and real-time monitoring, a single compromised package can trigger a global breach. Organisations need to secure the supply chain before the next XZ Utils-level attack succeeds,” comments Dmitry Galov, Head of Research Center for Russia and CIS at Kaspersky’s Global Research and Analysis Team.
E-Business
NDPC Probes Suspected Data Breach in Examination Centres

Nigeria Data Protection Commission (NDPC) has launched an investigation into allegations that the confidentiality and integrity of candidates’ personal data may have been compromised by hackers.
The Commission initiated the inquiry following concerns over possible data breaches during examinations.
Preliminary findings indicate that several examination centres may not have implemented adequate technical and organizational measures to safeguard candidates’ personal information, as required under data protection regulations.
Although the incident reportedly affected 379, 997 candidates, the NDPC’s investigation is poised to cover a systemic audit of data processing and third parties.
It will be recalled that JAMB recently admitted that a technical error on its platform affected a total of 379,997 candidates in 157 examination centres across Lagos and the South-East.
Further investigation led to the arrest of at least 20 suspects who are currently in the custody of the Department of State Services and the Nigerian Police Force.
E-Business
Nigeria Among Hotspots as Kaspersky Warns of Rising Ransomware Threat in Africa

Cyber security firm, Kaspersky, has once again warned that sophisticated cybercriminals increasingly target Africa as ransomware and advanced persistent threats (APTs) escalate across the region.
Speaking at the company’s annual Cyber Security Weekend for the Middle East, Turkiye and Africa (META) region, the cybersecurity firm’s Global Research and Analysis Team highlighted growing digital threats affecting African nations.
Kenya, Nigeria, and South Africa emerged as hotspots, with Kenya recording one of the highest web threat incident rates at 20.1% in first quarter 2025.
“While ransomware is less prevalent in Africa due to lower levels of digitisation and economic constraints, countries like South Africa and Nigeria are seeing a sharp rise in attacks,” said Sergey Lozhkin, head of META and APAC regions at Kaspersky.
Kaspersky noted a 0.01 percentage point increase in African ransomware cases year-on-year, reaching 0.41%, still below global and Middle Eastern averages, but a troubling sign for the continent’s emerging digital infrastructure.
Experts warned that attackers are refining their tactics, shifting focus to unconventional entry points like IoT devices, smart appliances, and misconfigured hardware.
“As these economies expand digitally, sectors such as manufacturing, finance and government are becoming key targets,” said Lozhkin
The cyber-crime landscape is evolving quickly, fuelled by AI tools and dark web access to large language models, which enable less skilled actors to launch convincing phishing and malware campaigns.
Groups like FunkSec, which uses AI-generated code and a low-cost ransom model, are redefining ransomware operations.
“African organisations face the dual challenge of expanding digital footprints and limited cybersecurity awareness. This makes layered defense strategies, including network segmentation, real-time monitoring and regular staff training, essential,” stated Lozhkin
Kaspersky continues to monitor 25 active APT groups in the META region, including SideWinder and MuddyWater, some of which are known to target African institutions.
To bolster defenses, the firm recommends using tools such as its free Anti-Ransomware Tool for Business and the Kaspersky Next suite for threat visibility and response.
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