Connect with us

Technology

Kaspersky Warns About Rise of Digital Scams at Qatar 2022 World Cup

Published

on

Kaspersky

By Adedapo Adesanya

With the FIFA World Cup tournament three days away, a global cybersecurity and digital privacy company, Kaspersky, has uncovered that scammers and cybercriminals are trying to monetise football fans’ interest.

Kaspersky experts analysed World Cup-related phishing websites from around the globe designed to steal users’ identifying and banking data and found fake pages offering everything from tickets or event merch to match streaming services, plus numerous giveaways and NFT scams exploiting the World Cup.

The firm warned that since Qatar 2022 is only offering digital tickets, it increases the risk of fans running into malicious resources. Kaspersky experts discovered numerous phishing pages offering to buy tickets for FIFA matches.

They warned that users would lose personal data, banking details, and money, adding that scammers may also use the stolen data for other purposes or sell it on the Dark Web.

Kaspersky experts also found phishing pages offering fans the opportunity to win two tickets to the World Cup. This is quite popular where usually each user becomes a ‘lucky’ winner, with the chosen ones only needing to pay a delivery fee, thereby making them vulnerable to theft.

The outfit warned that another way to steal users’ data is via fake FIFA-related merchandise stores, after which, entering data and transferring money to make a purchase, fans lose their cash to fraudsters instead.

Another distinctive feature of the threat landscape ahead of the 2022 World Cup has been the active spread of various crypto scams, mostly exploiting the popularity of NFTs.

“Some offer to make a bet on a match and win cryptocurrency, others to win worldwide related NFT art. All the user needs to do is enter crypto wallet credentials, so the ‘prize’ transfers directly. In such a scenario, scammers gain access to all savings and related wallet data,” Kaspersky warned.

Another scheme is crypto investment fraud which is a bright example of a dubious investment. Fraudsters actively create real coins and convince a user to invest in them while promising the victim potential currency growth. In real life, such initiatives are almost never a success, as users have spent money on something that will never develop.

Kaspersky also noted that flights and accommodations scams are also on the rise.

The firm noted that “Pandemic imposed limitations will also see the 2022 World Cup stage many offline events with live viewers, involving thousands of tourists in Qatar – something scammers have not missed.”

Kaspersky experts have observed numerous phishing pages imitating airline services offering tickets to Doha. The analysed webpage shows all the classic signs of a scam – nice appearance, wrong spelling, freshly registered domain, and limited functionality of the site.

Although the site mimics a global airfare aggregator, the user can only choose Qatar in the list of destination countries. Once flight details are entered, the victim is offered the chance to enter personal data along with ID and credit information.

Speaking on these novel means, Olga Svistunova, a security expert at Kaspersky, said, “Major sports events always attract the attention of cybercriminals. With this World Cup, scammers got very creative, as we have observed a variety of fraudulent schemes employed. We see how they are trying to benefit most from the situation and exploit as many trendy topics as possible, including a growing number of NFT scams related to the World Cup.

“At the same time, there are many so-called traditional scams out there, from giveaways and fake tickets to merch stores. These schemes are simple yet, effective, and that is why such fraudulent pages are eternal companions of big events.

“We encourage users to be attentive when they receive offers that seem too good to be true and carefully check the validity of the messages they receive,” he noted.

Advising on preventive measures, Kaspersky warned users to preview any link they might want to use, consider irregularities, and ensure they use a reliable security solution.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Telco Ownership Changes Above 10% Now Subject to NCC Approval

Published

on

NCC

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new regulatory requirement mandating prior approval for significant changes in the ownership structure of telecommunications companies operating in Nigeria.

This was contained in a statement jointly signed by the Director of Public Affairs at the NCC, Mrs Nnenna Ukoha and Head of Public Affairs at the Corporate Affairs Commission, Mr Rasheed Mahe.

According to a joint press release issued by the two agencies, the directive, which takes immediate effect, requires all licensed telecom operators seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to first obtain a Letter of No Objection from the NCC before such transactions can be registered by the CAC.

The statement reads in part, “The directive, which takes immediate effect, requires all licensed communications companies seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to obtain a Letter of No Objection from the NCC before such transactions can be registered with the CAC.

“The requirement is in line with the provisions of Section 90 of the Nigerian Communications Act 2003, Regulation 28(2) of the Competition Practices Regulations 2007, and Regulation 42 of the Licensing Regulations 2019, which empower the NCC to monitor transactions involving licensees and ensure fair competition within the sector.

“Under the new arrangement, the CAC will only process and register requests for changes in shareholding structures of telecommunications companies where the transaction involves 10 per cent or more of the company’s shares and is accompanied by evidence of prior approval from the NCC.

“According to the two regulatory agencies, the measure is aimed at strengthening oversight of significant ownership changes, preventing anti-competitive practices, and preserving a fair and competitive communications market. It is also expected to enhance transparency, boost investor confidence, provide greater regulatory certainty, and support the long-term stability and sustainability of Nigeria’s telecommunications industry.

The NCC and CAC reaffirmed their commitment to fostering a transparent, stable, and investor-friendly business environment. Both agencies pledged continued collaboration to promote fair market practices, strengthen regulatory compliance, and ensure the orderly development of Nigeria’s communications sector.”

Continue Reading

Technology

Rising Cyber Threats Could Undermine Business Sustainability, Profitability—ISSAN

Published

on

David Isiavwe ISSAN President

By Modupe Gbadeyanka

The relevant stakeholders have been urged to take urgent action to curb the rising sophistication of cyber threats, which could undermine business sustainability and profitability.

This call was made by the Information Security Society of Africa – Nigeria (ISSAN) during its monthly meeting held in collaboration with MAXUT Consulting.

The group noted that identity theft, mobile fraud, ransomware, and social engineering attacks are threats to organisations, especially those who may struggle to protect information assets, maintain operational resilience, and address vulnerabilities before they can be exploited.

The president of ISSAN, Mr David Isiavwe, who doubles as the Executive Director for Risk Management at Nova Bank, stressed that cybercriminals are deploying increasingly sophisticated attack methods targeting individuals, businesses, critical national infrastructure, and strategic assets.

Among the threats highlighted were identity theft, Business Email Compromise (BEC), phishing, ransomware, WhatsApp account hijacking, Distributed Denial-of-Service (DDoS) attacks, payment card fraud, cryptocurrency-related attacks, and other forms of social engineering.

According to him, the increasing frequency and sophistication of cyberattacks mean cybersecurity can no longer be viewed solely as an IT issue but as a critical business and national security priority.

To address these challenges, he urged organisations to adopt proactive risk management practices, implement continuous monitoring systems, promptly address vulnerabilities, and invest in regular cybersecurity awareness programmes for employees and customers.

Also, the importance of leveraging emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), and automation to enhance threat detection and response capabilities was emphasised.

“No organisation can successfully confront today’s cyber threats in isolation. Information sharing, collaboration, and collective vigilance remain essential to protecting our digital ecosystem and safeguarding public trust,” the ISSAN leader said at the event, which featured a technical presentation titled, Confronting the New Mobile Threat Landscape: Beyond User Authentication.

ISSAN reaffirmed its commitment to promoting cybersecurity awareness, capacity building, information sharing, and industry collaboration to strengthen Nigeria’s cyber resilience and support a secure digital economy.

Continue Reading

Technology

Zoho Launches Nathu La Server

Published

on

Zoho Nathu La Server

By Modupe Gbadeyanka

A designed-in-house server known as Nathu La has been launched by a global technology company, Zoho Corporation.

Nathu La is engineered with hardware-rooted security at every layer of the stack. Its indigenous IP-driven approach reduces dependency on external entities for security audits, firmware updates, and licensing continuity.

The solution aligns with open-source software principles and reflects Zoho’s broader commitment to building sustainable, secure, and scalable digital infrastructure. It also supports the growing global focus on digital sovereignty, local innovation ecosystems, and high-performance computing capabilities.

The platform was introduced by the company as part of a pivotal step in its journey towards building its full technology stack, from the hardware layer to software applications.

With Nathu La, Zoho has achieved equivalent performance with 12-18 per cent lower power consumption and 20-30 per cent lower total cost of ownership (TCO), thereby reducing inference costs.

The Nathu La server, comprising Intel® Xeon® 6 processors, was developed collaboratively with Intel, leveraging their enablement capabilities and technical expertise.

The design philosophy behind Nathu La is rooted in the Open Compute Project (OCP), emphasising modularity, thermal efficiency, and ease of maintenance. This enables Zoho’s data centres to significantly reduce total cost of ownership and power consumption.

Zoho plans to host its applications on the Nathu La server platform, enabling the company to optimise the full software-hardware stack for its specific workloads, reduce costs, improve performance, and strengthen data governance for its global customers. This will also help bring down inference costs for Zoho’s AI usage.

The Nathu La server motherboard and chassis platform is the result of five years of R&D across hardware, firmware, and systems management. Based on Intel® Xeon® 6 Processors, the server is designed to optimise performance for virtualisation (VM), High Performance Computing (HPC), AI inference, and storage applications. This results in improved performance of Zoho applications for end users.

The server features customised power delivery subsystems, an in-house DC-SCM (Data Centre Secure Control Module) design, and modular chassis options compatible with diverse end-user environments, offering flexibility across deployment types.

All modular components – including the DC-SCM and NIC (Network Interface Card) – were designed in-house by Zoho’s hardware engineering team and assembled through electronics manufacturing partners, enabling tighter integration and quality control across the platform. Over five patents have been filed covering advanced thermal management and cost-optimised server architecture designs.

“Zoho Corporation has invested in building its own technology stack from the ground up over the last three decades. The Nathu La server launch is in line with that goal.

“With our strategy of using contextual, right-sized models, running on our own platform, on our own servers, in our own data centres, we are compounding the benefits accrued from owning and operating our entire technology stack. This ensures that our solutions are more sustainable and accessible for businesses.

“These long-term R&D investments we are making at every layer of the stack are aimed at delivering customer value,” the Country Head for Zoho Nigeria, Mr Kehinde Ogundare, stated.

In 2020, Zoho established a small R&D team in Nagpur, a Tier 2 town in India, focused on projects such as server design and systems engineering.

Members of the Nathu La R&D team include hires from SETU – short for Students’ Engagement for Transformative Upskilling – an initiative designed to build a pipeline of industry-ready engineers, with a focus on advanced learning in Electronics System Design and Manufacturing (ESDM).

Continue Reading

Trending