NIGERIAN BANKS FACE 182% MORE WEEKLY ATTACKS THAN GLOBAL COUNTERPARTS. (PHOTO).

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 Nigerian banks face 182% more weekly attacks than global counterparts Nigerian banks and financial institutions are targeted by 182.01 percent more cyberattacks than their global counterparts, according to Check Point Software Technologies, a cyber security platform provider. The firm revealed this in its 2024 African Perspectives on Cyber Security Report, which was released on Thursday. It noted that the threat of cyberattacks has grown in Africa, especially in Nigeria, where 4,718 weekly attacks target the banking and financial sectors. This is 182.01 percent more than the weekly average of 1673 that their counterparts globally face. It said, “Nigeria’s finance sector is one of the most significant in Africa, making it a top target for cybercriminals.” It highlighted that the top threats include InfoStealer and Banking Trojans, as well as weak multi-factor authentication and outdated banking systems, which make the sector very vulnerable. Financial institutions in the country have b
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COURT ORDERS A MAN TO PAY 7 MILLION SHILLINGS,AFTER HE WAS FOUND GUILTY OF INSULTING TANZANIA PRESIDENT ON FACEBOOK.

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                     According to sources,a Tanzanian man has been ordered by the court to pay a fine of 7 million Tanzanian shillings $3500 or face three months in jail after he was found guilty of insulting Tanzanian President John Magufuli on facebook page.Issac Abakuki had pleaded guilty for the charges in Arusha Resident Magistrate's court before principal resident magistrate Augustino Rwezile who convicted him of the charges and ordered him to pay a Sh5 million fine and serve three years.However,the 40 year old's lawyer plea to reduce the punishment reduced the punishment to the 7 million fine or 3 months in prison instead of doing both.Abakuki was directed to make two payment instalments with the first expected by July 8th and the other on August 8th.Failure to make the payments will result to his imprisonment.More photos below.                                                              Capture

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