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Bitcoin And Cryptocurrency News in Nigeria

CRYPTO AND CYBER SECURITY NEWS

Nigeria Should be Prepared to Fight New Styles of Cyber Attacks in 2020 Says CSEAN After Nigeria had 167 Cyber Criminals Out of the 281 Global Cyber Criminals Arrested in 2019.

The recent development and innovations due to the effect of emerging technologies, such as the Internet of Things IoT, Cloud Technology, and Smart Phones has opened new vulnerabilities for cybercriminals to exploit. A total number of 281 global arrests of…

CRYPTO AND CYBER SECURITY NEWS HOT NEWS SCAM NEWS UPDATE

A Joint Declaration On Crypto Scam and Ponzi Scheme in East Africa.

Just in, the blockchain and cryptocurrency associations from East Africa puts out a joint statement on Cryptocurrencies and Ponzi Scheme in the region.  The reason for the collaborative effort from East Africa is because of the increase in the number…

Central Bank of Nigeria Introduces Panic Alert to Fight Cyber Attacks in the Digital Space.

There is an increase in crypto scam and other cyber crimes in Nigeria. Lose of funds through cyber attacks and cryptocurrency platforms steadily grow, leading to the introduction of Panic Alert.  After the introduction of Siban Scam Alert by Siban…

The Johannesburg City Hackers Demand A Ransom Of Four Bitcoins Worth 10.8 Million Naira.

The Johannesburg City hackers of Johannesburg City website hack on 24th October was attached to a group of hackers who identified themselves as “Shadow Kill Hackers”.  The Johannesburg city website was hacked on Thursday 24 October which saw the lost…

Satowallet Hack: A Nigerian Cryptocurrency Service Provider Satowallet Losses User Funds To Hosting Provider.

Satowallet Hack: Exchange Platform claims Satowallet Hack not from the failure of its platform but of the hosting provider. The Satowallet is a Nigerian owned cryptocurrency exchange and wallet provide based in Dubai affairms loss of user funds. Most of…

CRYPTO AND CYBER SECURITY NEWS

PDP Chieftain, Dr Urmar Ardo Pays 15,000 USD Bitcoin Ransom To Her Daughter’s Kidnappers

A chieftain of the Peoples Democratic Party (PDP), Dr Umar Ardo, whose daughter, Aisha, was kidnapped on Saturday, said he paid $15,000 bitcoin ransom to secure Aisha release. Daily Trust reports that the PDP Chieftain Dr Ardo was contacted by…

Hitachi Vantara To Organize Data Analytics Insight Forum For Nigeria Businesses

Hitachi Vantara will be organising a data analytics insight forum. The DATA Company hopes to gather Nigerian business and technology leaders in Nigeria to enhance their knowledge on data maximisation. The event tagged Hitachi Forum, holds next week Tuesday at…

Cybercrime: A Threat To The Society.

Cybercrime is an emerging serious threat to our society today. Worldwide governments, police departments and intelligence units have started to react. This is so because crime is the direct opposite of development. It leaves a negative social and economic consequence….

Why Bitcoin As A Ransom

      Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the basics of bitcoin and other virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency…

Weekly On Crypto And Cyber Crimes: Cyber Crime Must Not Race Ahead.

Weekly on Crypto: Recently, the rate of cyber crimes is rapidly increasing. Day in day out, headlines about the latest cybercrime dominate the news agenda. Previously In Weekly On Crypto: Criminals continue to target high profile organizations and individuals at…