The year 2017 recorded some historic events in cyber space with
a fierce battle for supremacy between the cyber criminals and the
good guys. As the battle continues to take different twists and
turns, I do hope in 2018, the good guys would gain more ground. But
for this to be possible, we need to abide by basic security tenets,
we must be secure, we must remain vigilant and we must be
resilient!
Looking back to the early months of 2017 within the Nigerian
context, we noticed a swift rise in several cyber Ponzi schemes
(schemes that promised unbelievable financial returns on
investment). These schemes vanished one after the other just as we
predicted, whilst looting millions of Naira from unlucky
individuals who participated in such schemes. Another noticeable
trend in 2017 that was predicted in our cyber outlook for last year
was the evolving of ransomware attacks. A good example of
ransomware that most, if not all security folks became aware of,
was the Wannacry
