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Phishing Attacks in Nigeria Drop 13% in H1 2021

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Phishing Attacks

By Adedapo Adesanya

Nigeria recorded a 13 per cent decline in the number of phishing attacks recorded and blocked by Kaspersky for the first half of this year when compared to the same period of 2020.

The country emerged third behind first-place Kenya (48 per cent decline) and second-place South Africa (17 per cent decline).

The number of phishing attacks recorded in South Africa for the first half of 2021 stood at 1,031,006, while Kenya recorded 601,557, with Nigeria reporting 393,569.

According to the cybersecurity firm, while the decline does suggest and support research trends – that cybercriminals have become more targeted, focusing their efforts on advanced persistent threat (APT) campaigns in Africa – the phishing threat is still very prevalent.

With over two million attacks combined in the three countries, it highlights that phishing is still a significant threat in Africa and illustrates the importance of ensuring cybersecurity solutions are installed on all connected devices.

“This decrease is in line with global trends and supports the decline that Kaspersky research identified happening through the course of last year already.

“Of course, this does not mean that organisations and consumers can ignore the risk of traditional cybercrime attacks or that phishing, as well as spam, are still not of significant concern across Africa.

“Instead, people need to become even more aware of cybersecurity best practices and remain vigilant to protect their personal and business systems from the risk of compromise,” Mr Bethwel Opil, Enterprise Sales Manager at Kaspersky in Africa noted

“Phishing and spam remain some of the most effective ways of targeting unsuspecting users and gaining access into corporate systems or compromising personal financial and other information that can be used to perpetrate identity theft,” Mr Opil further said.

Phishing attacks across the continent have baited unsuspecting victims into handing over bank information, ID numbers, and more.

Cybercriminals have become even savvier with their tactics, embracing more sophisticated technology to lure people into clicking on things they should not. For instance, the COVID-19 vaccine rollout throughout Africa has given rise to ample opportunity for cybercriminals to carry out several attacks that are hidden in what, at first glance, may appear to be relevant information.

In addition to installing relevant cybersecurity solutions, individuals and businesses must consider use multiple email addresses. One can be for personal correspondence while another can be used for online shopping or social media.

Kaspersky also warned users to never respond to any spam as malicious users verify receipt and log responses of active email addresses.

In addition, users were instructed to always check the link and ensure the links start with HTTPS:// and not HTTP://.

They also warned against rush or panicking as scammers use such tactics to pressure users into clicking links or opening attachments.

Users were also advised to keep browser and operating system software up to date with the latest patches and use anti-spam filters in addition to antivirus and Internet security solutions.

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.

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Nigerian Developer to Launch New First-person Shooter Game

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NCHE: The Escape

By Aduragbemi Omiyale

A Nigerian developer, Mr Okolie Uchechukwu, will launch a new first-person shooter game, NCHE: The Escape, on Monday, March 14, 2022.

A statement from Mr Uchechukwu disclosed that the mobile game, a product of an inquisitive mind, entails the player using the resources available to make his way through lasers and zombies in the quest for survival.

According to him, a test was carried out last year and based upon the feedback, he and a co-developer, Cleec Designs, an indie studio based in Nigeria, improved the skill balance, gameplay experience for both android and IOS devices, and boosted the overall graphics and UI design.

He stated that the online showcase uploaded via his official YouTube channel has gathered interest from fans of the genre across the world.

When officially unveiled in less than two months’ time, game lovers would be able to download and play NCHE: The Escape for free by both iOS and Android users.

Mr Uchechukwu further explained that NCHE: The Escape thrusts players into a mysterious mental facility where escape is seemingly impossible.

“You’ll have to keep your wits about you as you try to find a means to escape. As the perfect icing to the cake, the facility is overrun by bloodthirsty zombies, so making it out of the place alive is indeed a challenge.

“Players will go through a series of eerie levels each time, encountering zombies, picking up defence supplies, and avoiding the lasers. NCHE: The Escape places players in a strange mental facility where the existence of life is unthinkable.

“So, making your way through the facility overrun by violent zombies will be a challenging task. Players can pick up guns and ammo on their way as they move ahead in levels, in search of their way to escape.

“The hitch here is that players have to be critical when using their weapons as ammo is limited. They will come across moving lasers and zombies that can be shot down any moment but sometimes simply dodging them would be a better alternative for players to make it through the advancing intense levels.

“The difficulty level increases with every progress as players will find it more and more challenging to withstand the approaching obstacles,” he added.

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Nigeria to Launch Another Satellite in Space Soon—FG

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NigComSat

By Adedapo Adesanya

The federal government has disclosed that it plans to launch another satellite through the Nigerian Communications Satellite (NigComSat) before the end of the year.

This was disclosed by the Minister of Communications and Digital Economy, Mr Isa Pantami, during a tour of facilities at the agency’s base in Abuja.

He said: “That approval of federal government which I have secured has been forwarded to NigComSat. Now, it is on the table of NigComSat to answer that question. I want to make sure that as I said that 2022 is NigComSat year along with NIPOST. I want to make sure that all work in progress must be completed by 2022.

“As I said earlier, 2022 has been dedicated to NigComSat and NIPOST, and I want to do the best I can to improve what we have achieved in the previous years.

“I recently approved two subsidiaries of NigComSat and I am here to supervise what they have been doing, and I discovered some areas where we need to work to improve their performance significantly.”

He also stated that for the agency not to be considered for privatisation again, it must provide quality service and generate good revenue for the federal government.

He added: “Before I was made the Director-General, National Information Technology Development Agency (NITDA), there was the Oronsaye report which recommended for the scrapping of NITDA. But when I was able to turn things around from a generation of N7 billion to N19 billion in a year, no one talks about scrapping NITDA again.

“So, if you are able to turn things around, render quality service and generate income, no one will talk of privatising your company again.”

On her part, the Director-General, NigComSat, Mrs Abimbola Alike, appreciated the Minister for his immense support.

Mrs Alike stated: “We all know what our budget used to be N200 million-N300m, for a company that needs capital after overhead.

“He stood for us and said there must be something good in NigComSat because he is a man who believes that we can actually turn around NigComSat.”

She assured Mr Pantami of the agency’s readiness to deliver quality service and generate revenue to justify his efforts at revitalising the agency.

According to her, this year, Nigerians would see new significant changes that will make them know that NigComSat is a new company that can compete with its global counterparts.

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Balthazar Secures $3m to Achieve NFT Gaming Platform Growth

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Balthazar John Stefanidis

By Aduragbemi Omiyale

The sum of $3 million has been raised by an NTF gaming platform, Balthazar, through the sale of tokens, with Animoca Brands emerging as the lead purchaser.

Other token purchasers were Finder Group (through Hive Empire Capital, which is led by Fred Schebesta), Zip co-founder Larry Diamond, Digital Asset Capital Management (DACM), Fantom, ZED Run, Darling Ventures, Pluto Digital, San Francisco-based VC Side Door Ventures, Algorand, and Three Arrows Capital’s TPS Capital.

With the new development, Animoca Brands, a global leader in gamification and blockchain with a large portfolio of over 150 investments in NFT-related companies and decentralised projects, will provide advisory services to Balthazar, which aims to be the leading NFT gaming platform in the metaverse.

Balthazar, which commenced operations in 2021, wants to be the largest decentralised autonomous organisation (DAO) in the play-to-earn space.

The company is a community-focused platform, removing the barrier to entry for gamers to access play-to-earn games through its scholarship program with no upfront costs.

Balthazar is more than a guild, with plans to develop its tech platform, its rent-to-earn lending model, and to scale up its community.

Prior to the token sale, Balthazar deployed 1,100 scholars into several NFT games including Axie Infinity, Splinterlands and Thetan Arena, with a further 30,000 people on its waitlist, and a community of more than 70,000 people in its Discord channel.

“We are so thrilled to be backed by Animoca Brands and all of our supporters in helping to shape the metaverse and to continue assisting and expanding our community.

“This support means we can fulfil our vision of empowering the biggest community of gamers to create a self-sustaining, wealth-building ecosystem.

“We are developing the most incredible platform that will bring together gamers, crypto holders and individuals through our own NFT games, valuable tokenomic strategies and gaming partnerships.

“I’m excited about the future of the play-to-earn space, in particular how it’s spreading earning opportunities to those who need it most, as well as providing a new use-case for cryptocurrency,” the CEO of Balthazar, John Stefanidis, stated.

Also commenting, the Executive Chairman and co-founder of Animoca Brands, Yat Siu, stated that, “Balthazar has a thriving and fast-growing community, offering opportunities for all people to be involved in the NFT gaming space, including gamers, game companies, and crypto holders.

“With its dynamic leadership, we believe that Balthazar will be able to tap growth for NFT-based gaming in new markets, and we are excited to be part of its journey.”

Balthazar has opened a private token sale round, with plans to sell $8 million of tokens at a token cap valuation of $150 million by February 2022.

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