Guidance with Ransomware attack (WannaCry)

One of the worst global cyberattack started on Friday, 12th of May 2017, and has affected more than 200,000 system in more than 150 countries across the globe. The attack is a ransomware (a malicious program that encrypts data on a system and demands for a ransom before the files are decrypted) variant which exploits Windows systems with an earlier reported vulnerability listed in one of Microsoft’s security bulletin, MS17-10. The ransomware dubbed “WannaCry” requests a ransom of USD 300 to obtain the decryption key. The European and America continent have been the worst hit by the ransomware, but lately, there have indications of infections within Nigeria especially around Lagos and Abuja, and more systems are getting infected by the minute. There have been efforts to takedown the attack but there have also been reports that a new variant of the ransomware has been developed to evade the current takedown…

Deloitte Cyber Security Bulletin

Security Intelligence Google Docs Phishing Campaign Source: us-cert.gov A phishing campaign that affected Google Docs users has been reported. The campaign used spoofed email addresses to target users with emails purporting to share a document for collaboration. Once the targeted users accepted invitations, they were encouraged to allow the phishing program access to their email accounts. Google has taken action to protect users, including removing the fake Google Docs pages and disabling the offending accounts.

Leveraging digital to unlock the base of the pyramid market in Africa

The level of formal banking and insurance penetration across Africa remains low due to the fact that consumer spending power for the majority of the population is low and unsteady. This has been seen as a hindrance to providing products and services through traditional distribution models, even though this market represents the majority of spending power in Africa. This represents an opportunity – particularly for products that are tailored to the needs of the low-income segment– that remains largely untapped.

Robotic process automation

​A quick-reference guide to how robotic process automation plays out in global business services

Robotic process automation may sound like it’s from the distant future, but for many organizations, it’s already arrived. What does it really offer, and how should you be thinking about it? For answers, start here.

The new digital divide

The future of digital influence in retail Today there is almost universal recognition among retailers that digital has reshaped customer behaviour and shopping forever. Deloitte’s New digital divide report, deepens our exploration of the growing gap between the digital experiences that brick-and-mortar retailers are delivering and the experiences that their customers actually want

Cyber Security

Global risk management survey

Heightened uncertainty signals new challenges ahead In the years since the global financial crisis, financial institutions have had more time to understand the practical implications of these new regulations and what is required to comply.

culture-shift

Deloitte Cybersecurity bulletin

SECURITY INTELLIGENCE Staying safe on social networking sites To stay safer online, US-CERT has published ST06-003 on staying safe on social networking sites. Using information that you provide about your location, hobbies, interests, and friends, a malicious person could impersonate a trusted friend or convince you that they have the authority to access other personal or financial data. Source: us-cert.gov

Guiding the IoT to safety

The Internet of Things and the role of government as both user and regulator Regulations should do more than tell companies what they can’t do—rules should help guide corporate players through minefields of uncertainty. It’s a lot of responsibility, especially when it comes to still-developing IoT technology that holds great promise—and real risks. Introduction: Aligning regulation and transformation Imagine Pandora sitting and staring at her box. In a few moments, she will open its bronze lid and release fear, death, and plague into the world . . . but right now she is wracked with uncertainty. What’s inside? The box might contain untold riches to help her new kingdom—but Zeus warned her never to open it. Should she open it and risk punishment, or leave it shut and possibly leave valuable resources untapped?

Blockchain technology: 9 benefits & 7 challenges

Deloitte Cyber Security Bulletin

Security Intelligence 13.58 million Nigerian Internet users suffer cyberattacks  About 14 per cent or 13.58 million of the 97 million Internet users suffer cyberattacks annually, the Director-General, National Information Technology Development Agency, Dr. Isa Ibrahim said this at the inaugural meeting of the Inter-ministerial Technical Committee on the Implementation of the National Cyber Security Strategy.

The changing world of technology in financial services

Cognitive and analytical technologies are set to bring about widespread change in the financial services industry, not just when it comes to “defense” functions such as risk and compliance, but also in “offence” activities that drive marketing and revenue growth.