Protecting yourself and your organization from ransomware
There was a time in Nigeria when kidnapping was the order of the day. Recently we have heard of high profile kidnappings where the abductors would take innocent people and demand a ransom from their family members and loved ones before they are released. It may interest you to know that cybercriminals have designed mechanisms whereby they can also “kidnap” your critical information and demand for a ransom to get it released. Ransomware are software used by attackers to encrypt, or lock your information, making it unreadable and unusable. The attackers would demand for a ransom to be paid before they can release such information. It is a criminal business model that has proven extremely profitable as some of the advanced actors stand to make millions of dollars from the ‘trade’. What makes it very effective is the lack of a backup system which raises the chances that the victim…
Inside the Deloitte Cybersecurity Bulletin
Security Intelligence Google may distrust a third of the web’s SSL certificates Source: cio.com Google may distrust a third of the web’s SSL certificates by revoking trust in certificates that have a validity period of over 33 months. This is to put enormous pressure on Symantec, as the company will have to contact all customers, validate their identity and the ownership of their domains all over again, and replace their existing certificates with new ones, most likely at no cost.
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.
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
2017 Nigeria Cybersecurity Outlook
The year 2016 took cyber-attacks to an unprecedented level; there were reports of it being used to influence and sway votes in democratic elections. In Nigeria, several organisations suffered cyber-attacks, some had to pay ransom for their data to be released.