Telecom
Sidmach, Sophos Enlighten CybersecurityEexperts on Latest Attackers’ Antics
Information technology security experts have highlighted the growing and persistent threat of malware, especially on mobile, stating categorically that Malware is not slowing down.
This implies that cybercrime is big business and hackers are continually looking for new attack vectors as SophosLabs team see 400,000 new malicious samples every day.
The speakers at one-day Sophos/Sidmach Lunch & Learn event held at Radisson Blu Lagos on Thursday said that the traitors are not resting on their oars to unleash damages to companies’ networks.
Leading the discussions, the Country Manager, Sophos Nigeria, Mr. Jimi Falaiye, said though the new malicious software do not necessarily imply 400,000 programmers writing code, however, it is a heavily automated system that results in bespoke malware – “a virus written just for you”.
He said, while best endpoint technologies will protect organisations against the majority of malware and threat impacting their systems, the threat landscape evolves and cybercriminals continue to morph attacks and work to find new security holes to access organisations, the unknown minority becomes important.
To this end, he opined that with Sophos’ deep learning enabled Endpoint Detection and Response (EDR) tools, organisations will add an additional layer to their security posture.
Also speaking, Nathanael Odofin, Market Intelligence and Research Analyst, Sidmach Technologies Nigeria Limited, said that mobile devices are increasingly subject to malicious activities, pushing malware apps to phones, tablets, or other devices, particularly in the era of Bring Your Own Device (BYOD) hence organisation must engage the services of renowned IT vendors to assist them tackle the challenges.
According to him, an estimated 54% of companies globally experience at least one cyber-attack every year.
In Nigeria, 60% of firms suffer cyber-attacks. Incidentally, only 38% of global organizations claim they have the infrastructure to handle a sophisticated cyber-attack.
Expatiating on the growing trends of cyber-attacks, Chris Odutola from Sophos cited what the Company termed manual techniques to delivering a ransomware known as SamSam as significantly raised the stakes by charging ransoms from $10,000 to more than $50,000 per attack.
“SamSam choose machines with relatively weak passwords, accessible from outside the organization’s security perimeter. Using this machine as a foothold, the criminals sniff for Domain Admin credentials, waits for the right moment to strike.
“The attacker has the ability to work through impediments like pushing commands, running additional software, that would otherwise prevent the attack”, he said.
Chris noted that this has led, in some cases, to run-and-gun battles between the ransomware criminals and alerted IT staff.
With that reality, he strongly suggested that the best line of defence is to use a multi-layered security strategy to work to protect organisations against both known and unknown threats.
Earlier, the Managing Director of Sidmach Technologies, Mr. Peter Arogundade, said that Lunch and Learn event was aimed at assisting IT experts in different organisations to understand cost effective security dynamics, and tools that mitigate latest threats, while receiving insights to have complete visibility and control of their IT Infrastructure.
The MD, who spoke through the Head of Marketing, at Sidmach, Olanrewaju Adelanwa, described the sessions as crucial as they offered the experts new perspective on better architectures for end-to-end networks threats management with a one-stop-solution that Sophos brings.
“We are not referring to security for just the hardware, the emails and everything within your network protocol that requires protection.
“This even, basically, was organised to bring these professionals together and expose them to insights about what is happening in Nigeria and across the world; for them to see what experts in other climes are doing in the IT security space”, he said.
He warned that businesses that are reluctant to embrace IT security are seated on a keg of gunpowder that may explode any minute.
Telecom
FCCPC Insists Telcos’s Tariff Hike must Translate to Improved Services
Federal Competition and Consumer Protection Commission (FCCPC) said on Wednesday that it has accepted the decision of the Nigerian Communications Commission (NCC) to approve a 50 per cent hike in telecommunications tariffs, down from the 100 per cent hike proposed by telecom operators.
FCCPC acknowledged the intense pressure faced by the NCC over the years to approve tariff increases due to the rising operational costs experienced by telecom operators, which became more pronounced in recent times.
It commended the NCC for adopting a deliberate and measured approach by rationalising the tariff adjustment and linking it to commensurate improvements in service quality, while implementing other measures to mitigate the impact on consumers.
However, the commission strongly insisted that the tariff hike must translate to significant quality and improved services, stressing that it will resist a situation where Nigerians are charged for poorly delivered services, particularly in areas like voice calls, data, and other services with the tariff hike.
FCCPC, in a statement on Wednesday by Ondaje Ijagwu, director of Corporate Affairs, asked telecom operators to disclose all key details upfront, including the cost, validity period, and specific inclusions of a plan.
It added: “Consumers can also expect a mandatory disclosure table from the service providers to enable them to make informed decisions without worrying about unexpected charges or surprises.”
The commission further noted that consumers have consistently expressed a desire for measurable improvements in service quality before any tariff increases are implemented. “Issues such as network congestion, dropped calls, inconsistent internet speeds, unusual data depletion, and poor customer service have remained prevalent concerns. It is, therefore, crucial that tariff adjustments directly translate into demonstrable and tangible service enhancements for consumers.”
FCCPC asked that telecom operators prioritise visible and measurable improvements in network reliability, speed, accessibility, and customer service as part of any tariff adjustment, insisting that the rationale for the increase must be reflected in better services for consumers who, apparently, rely on telecommunications for both personal and business purposes.
The commission suggested that operators allocate increased revenues responsibly, with an emphasis on infrastructure development and service delivery improvements, stressing that clear mechanisms must be established to monitor how the funds are utilised, ensuring that consumers directly benefit from the adjustments.
“Operators must also clearly communicate the rationale for the tariff adjustments to consumers, ensuring that consumers are fully informed about the nature of the changes, the benefits, and how it aligns with efforts to improve service delivery and infrastructure,” it added.
The commission referenced its recent Memorandum of Understanding (MoU) with NCC, which, it said, provided a unified framework to oversee the implementation of the tariff adjustment in a manner that meets the needs of consumers.
It said the partnership ensures that the increase does not become a justification for exploitative practices, but an opportunity to foster fairness, transparency, and accountability in the telecommunications sector.
“As Nigeria embraces rapid technological advancements and increasing reliance on digital connectivity, it is imperative that the benefits of a thriving telecommunications ecosystem extend to all stakeholders, particularly consumers,” it added.
The FCCPC assured Nigerians that, together with the NCC, it will continue to pursue measures that uphold these objectives. “We are committed to closely monitoring the impact of the tariff adjustments to ensure compliance with established regulatory standards.”
It also reminded telecom operators that the FCCPC is actively working with NCC to address concerns raised by consumers during the transition period and beyond, and encouraged consumers to freely report any unfair practices or concerns through its official channels to ensure effective resolution.
Telecom
Sub-Saharan Africa Lost $1.56Bn to Internet Shutdown in 2024 – Report
Sub-Saharan African countries lost $1.56 billion to government-induced shutdowns in 2024, according to a new report by Top10vpn, an international VPN review website.
This is 19 per cent of the total $7.69 billion that was lost to Internet shutdowns worldwide and a 10 per cent decline from $1.74 billion reported in 2023.
According to the report, there were a total of 28 Internet shutdowns across 28 countries. Thirteen of these were African countries — Sudan, Ethiopia, Kenya, Algeria, Guinea, Mauritania, Senegal, Mozambique, Chad, Mauritius, Tanzania, Papua New Guinea, and Equatorial Guinea.
It revealed that Nigeria stood out as one of the few sub-Saharan African countries to avoid internet shutdowns in 2024.
Experts said the absence of an internet shutdown suggests that people in that country have continuous and unrestricted access to the internet, allowing them to communicate, access information, and participate in online activities without disruption imposed by the government.
Sudan is the African country that lost the most — $1.12 billion — to Internet shutdowns. Total Internet shutdowns in the country lasted for more than 12,707 hours or over 529 days.
The Internet shutdown in Sudan is mainly due to a prolonged conflict in the country, which has claimed 13,000 and displaced more than 10 million people.
Other African countries like Kenya and Ethiopia shut down the Internet because of protests.
Both countries lost $75 million and $211 million to Internet shutdowns, respectively.
Major platforms such as X, TikTok, Signal, Facebook, Instagram, and WhatsApp were restricted, affecting approximately 111.2 million internet users in the country.
“In late February 2024, authorities in Myanmar once again started blocking access to X. As this was a new restriction. This is also the second year we have included blocks of newer social media platforms, such as TikTok and Telegram,” it said.
Globally, Asia led in terms of internet shutdowns in 2024, losing $4.64 billion over 48,807 hours of disruptions affecting 331.3 million people. Sub-Saharan Africa followed with $1.5 billion in losses spread over 32,938 hours and impacting 111.2 million internet users.
While the global economic impact of internet shutdowns decreased by 16 percent compared to 2024, the duration of shutdowns increased by 12 per cent in the same period.
The report emphasised the damaging effects of internet shutdowns, both in terms of economic and human costs, and highlighted concerns about citizens resorting to unsafe VPNs to circumvent imposed restrictions.
Telecom
USSD Dispute: FG May Blacklist 18 Banks Allegedly Owing Telcos N250Bn
Indications have emerged that federal government may this week list names of 18 banks owing almost N250 billion naira to Nigerian telecom operators on Unstructured Supplementary Service Data (USSD), and have remained adamant towards settling it for several years.
Nigerian Communications Commission (NCC) has reportedly been given the nod to publish the names and approve that telcos withdraw services to them if after two weeks they fail to settle the debts, according to Vangaurd.
Recall that the issue of banks’ multi billionnaira USSD debt to telcos has lingered since 2020, rising from below N40 billion to N57 billion by the end of 2021 and N80 billion in 2022.
But now, the telcos claim the debt has risen above N250 billion and accused the banks of not complying with the repayment plan.
The recent development, cannot be unconnected with a December joint meeting between the two regulators, NCC and the Central Bank of Nigeria (CBN) which resolved that the banks pay part of the money by December 31, last year and defray the remaining gradually.
However, Vanguard gathered authoritatively that only four banks complied with the directive, while 18 others are still adamant.
Similarly, when the matter brewed heavily a few years ago, the National Assembly, Central Bank of Nigeria, CBN, and the Nigerian Communications Commission, waded in and also generated such a gentleman’s agreement, which gave the banks leverage to defray the debts gradually.
However, that did not also happen as the banks allegedly reneged.
A few weeks ago Gbenga Adebayo, chairman, Association of Licensed Telecommunications Operators of Nigeria (ALTON), accused the banks of deliberately frustrating any move to resolve the issue and threatened that the only option, since the banks have consistently failed to honour the agreements, would be to withdraw the support that gives the USSD platform life.