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FG to establish Nigeria’s first national export trading

  • 23rd June 2025
European retailers urge EU to tackle high Visa, Mastercard fees

Mastercard, Enza partner to boost fintech connectivity across

  • 23rd June 2025
Army discovers stolen 1m litres crude oil in Rivers

Navy destroys 800 illegal refineries, recovers 171,000 stolen

  • 20th June 2025

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  • 20th June 2025

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FG to establish Nigeria’s first national export trading company

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Chowdeck acquires POS restaurant startup Mira

Chowdeck acquires POS restaurant startup Mira

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Tag: Cyberattack

Iran crypto exchange loses $90m in cyberattack
News

Iran crypto exchange loses $90m in cyberattack

A powerful cyberattack has targeted Nobitex, one of Iran’s largest cryptocurrency exchanges, wiping out nearly $90 million worth of digital assets in what appears to be a politically motivated strike. The hacking group Gonjeshke Darande, or “Predatory Sparrow,” claimed responsibility for the breach early Wednesday, marking its second major operation in two days. The group, […]

US court jails Nigerian hacker for $2.5m identity theft
News

US court jails Nigerian hacker for $2.5m identity theft

A United States court has sentenced a Nigerian national, Kingsley Utulu, to five years and three months in prison for his involvement in a large-scale identity theft and cyber fraud scheme that defrauded U.S. tax authorities and citizens of more than $2.5 million. The sentence was announced over the weekend by U.S. Attorney for the […]

Hacker breaches TeleMessage, exposes data linked to US officials
News

Hacker breaches TeleMessage, exposes data linked to US officials

A hacker has exploited a vulnerability in TeleMessage, a service that modifies encrypted messaging apps like Signal, Telegram, and WhatsApp, to access sensitive archived data linked to United States government officials and major companies, according to a report by 404 Media. TeleMessage, owned by Israel-based firm Smarsh, enables clients to archive messages—including voice notes—from encrypted […]

Iranian hackers target US elections, Microsoft warns
News

Hackers steal pensioners $500,000 savings in Australian pension funds breach

Australia’s largest pension funds have been hit by a wave of coordinated cyberattacks, compromising more than 20,000 accounts and leading to significant financial losses for some members, including a reported theft of A$500,000 from four individuals. According to a source familiar with the matter, hackers infiltrated multiple funds, including AustralianSuper, Australian Retirement Trust, Rest, Insignia, […]

Lego website targeted by cryptocurrency scam
News

Lego website targeted by cryptocurrency scam

Visitors to Lego’s website on the evening of October 4 were met with a banner featuring golden coins and a message announcing the launch of a “Lego coin” along with promises of “secret rewards” for buyers. However, Lego is not actually launching a cryptocurrency. Instead, users discovered that the purchase button redirected them to an […]

Hacker breaches TeleMessage, exposes data linked to US officials
News

Ransomware group Radar dismantled by authorities

Authorities in the United States and Germany announced on Tuesday that they have successfully dismantled the notorious ransomware group Radar/Dispossessor. The group, which began its operations in August 2023 under the alias “Brain,” had targeted numerous companies globally across various sectors, including healthcare and transport. Radar/Dispossessor initially focused on small to medium-sized businesses in the […]

Iran crypto exchange loses $90m in cyberattack
Banking

Nigerian banking malware attacks rise by 8% – Report

Kaspersky’s recent statement illuminates the cybersecurity landscape in Africa, highlighting a troubling trend in Nigeria where banking malware attacks increased by 8% in 2023. Despite an overall 10% decrease in threats nationwide, the surge in attacks targeting online banking credentials and sensitive information is a cause for substantial concern. According to the statement, “Nigeria saw […]

Business email hack rises by 1,760% in 2023 – Report
News Tech

Hackers stole $2 billion in crypto in 2023 – Report

A 2023 report has revealed that cybercriminals successfully stole around $2 billion in cryptocurrencies through various cyberattacks. According to the report by De.FI, the security firm overseeing the REKT database, this year underscores the existing vulnerabilities in the cryptocurrency space and the ongoing efforts being undertaken to mitigate these risks. “This amount, though dispersed across […]

China warns against geographic info data breaches
News Tech

China warns against geographic info data breaches

China has issued a warning to security departments to perform thorough checks in order to prevent any more breaches. This warning comes after the government discovered that sensitive and private data in important areas, such as the military, may be compromised by foreign geographic information software. Following a thorough investigation, the Ministry of State Security […]

UK, South Korea warn against cyberattacks from North Korea
News Tech

UK, South Korea warn against cyberattacks from North Korea

The United Kingdom and South Korea have issued warnings over the increasing sophistication and volume of cyberattacks by groups tied to the North Korean state. The cyber security and intelligence agencies of the two countries have released a new joint warning in which they call on firms to strengthen their security protocols in order to […]

Hacker group Lockbit leaks Boeing data
News Tech

Hacker group Lockbit leaks Boeing data

A cybercrime group, Lockbit on Friday released internal data from Boeing, one of the biggest defence and space contractors in the world. In October, the hackers declared that they had amassed “a tremendous amount” of private information from the massive aerospace company and threatened to post it online unless Boeing paid a ransom by November […]

Boeing probes cyber attack
News Tech

Boeing probes cyber attack

One of the biggest defence and space contractors in the world, Boeing, announced on Wednesday that it was looking into a cyber incident that affected some of its components and distribution business and that it was assisting with a law enforcement investigation into it. Days after the Lockbit cybercrime group announced on Friday that it […]

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