Image sourced from Forbes. Modern enterprises face an onslaught of cyberattacks from many quarters and must not only be prepared to contend with the direct costs of potential breaches but also with spiralling indirect costs, such as compliance fines and reputational damage. As the threat landscape continues to evolve, so do the frequency and sophistication of attacks, with companies facing anything from denial of service attacks and phishing attempts to payment card skimming, identity theft, and account takeover threats. At the same time, ransomware attacks have gained prominence over the last few years, forcing companies to continually test their data protection plans to understand the risks associated with having sensitive data released to the public. In its State of Ransomware 2021 repo...
The Economic and Financial Crimes Commission (EFCC) on Sunday finally revealed the Facebook account of its chairman, Abdulrasheed Bawa. EFCC’s spokesperson, Wilson Uwujaren, disclosed Mr Bawa’s only Facebook account as, @AbdulRasheedBawa. The commission had since Mr Bawa’s appointment late February pointed out fake accounts being operated on Facebook and Twitter in his name, and warned members of the public against having any dealing with them. On different occasions, the commission vowed to unearth those behind the fake accounts and make them to face the wrath of the law for their act of “identity theft.” Sunday’s announcement of Mr Bawa’s authentic Facebook account by the EFCC appeared to have stemmed from the commission’s frustrations in stopping the proliferation of more fake social me...