New WannaCry Ransomware and How to Protect Yourself

On Friday we alerted you to a global ransomware campaign a few hours after it started. That campaign has now infected over 10,000 organizations and 200,000 individuals in 150 countries. This includes the UK National Health System which saw ambulances divert from affected hospitals. On Friday a researcher accidentally stopped the ransomware from spreading by… Read more New WannaCry Ransomware and How to Protect Yourself

New Scam Shows Why You Should Never Click on Links in Emails

Email scams are one of the oldest tricks that internet scammers use to separate you from your valuable information. While they started off as laughable pleas from far-off princes, they’re now so advanced that you might not even be able to tell they’re fake. A security researcher recently discovered that URLs can be modified to… Read more New Scam Shows Why You Should Never Click on Links in Emails

Cyber-attacks on Nigerian banks imminent, warns group

The Cyber Security Experts Association of Nigeria (CSEAN) has warned that with the level of vulnerability of the country to cyber-attacks, financial institutions may be hit soon. According to Afon, cyber-attacks were becoming more sophisticated, stressing the need to build resilient cyber defence mechanism for the country. Click here to view complete post at www.biztechafrica.com

FBI declares Nigerian wanted for alleged $5 million email scam

As part of scheme, the suspect and his co-conspirators allegedly defrauded victims across the U.S. by tricking them into wiring money to bank accounts the victims believed were owned by friends or business associates. They did this in two ways: by overtaking an e-mail account of an individual trusted by the victim and then requesting… Read more FBI declares Nigerian wanted for alleged $5 million email scam

Op-Ed: SWOT analysis of the Nigerian e-commerce sector

The 419 scams haven’t just affected Nigeria’s image worldwide, but also the domestic market’s perception of risks with payments online. Combine that with un-banked population and it’s no surprise the industry has developed to a standard of cash-on-delivery for its payments. While the big brands such as Jumia have developed the trust with their customer… Read more Op-Ed: SWOT analysis of the Nigerian e-commerce sector

Nigerian Family Jailed 252 Months in US for Internet Dating Scam

A United States District Judge, Paul W. Grimm has sentenced Gbenga Ogundele aka Benson Ogundele, age 58; of Laurel, Maryland to 234 months in prison, and sentenced his wife, Moji Popoola, aka Mojisola Oluwakemi Tin Popoola/Moji T. Popoola, age 42, also of Laurel, to 18 months in prison, each followed by three years of supervised… Read more Nigerian Family Jailed 252 Months in US for Internet Dating Scam