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Beware: NCC alerts Nigerians of malware stealing banking app details

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NCC ALERT

 

The Nigerian Communications Commission’s Computer Security Incident Response Team has warned Nigerians about a newly discovered malicious software stealing users’ banking app login credentials on Android devices.

According to the commission, the malicious software called ‘Xenomorph’, has been found to target 56 financial institutions from Europe, and has a high impact and high vulnerability rate.

It added that the main intent of this malware was to steal credentials, combined with the use of SMS and notification interception to log-in and potential two-factor authentication tokens.

In a statement, NCC said, “Xenomorph is propagated by an application that was slipped into Google Play store and masquerading as a legitimate application called ‘Fast Cleaner’ ostensibly meant to clear junk, increase device speed and optimise battery.

“In reality, this app is only a means by which the Xenomorph Trojan could be propagated easily and efficiently. To avoid early detection or being denied access to the PlayStore, ‘Fast Cleaner’ was disseminated before the malware was placed on the remote server, making it hard for Google to determine that such an app is being used for malicious actions.

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“Once up and running on a victim’s device, Xenomorph can harvest device information and Short Messaging Service, intercept notifications and new SMS messages, perform overlay attacks, and prevent users from uninstalling it. The threat also asks for Accessibility Services privileges, which allow it to grant itself further permissions.”

According to the commission’s CSIRT, the malware stole victims’ banking credentials by overlaying fake login pages on top of legitimate ones and since it could intercept messages and notifications, it allowed its operators to bypass SMS-based two-factor authentication and log into the victims’ accounts without alerting them.

The CSIRT security advisory said Xenomorph has been found to target 56 internet banking apps: 28 from Spain, 12 from Italy, 9 from Belgium, and 7 from Portugal; as well as Cryptocurrency wallets and general-purpose applications like emailing services.

Although the Fast Cleaner app has been removed from the Play Store, it garnered 50,000+ downloads, according to the NCC.

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FCCPC to review new price hike of DStv, GOtv packages

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The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price increases in MultiChoice cable subscriptions will reviewed by relevant stakeholders to ensure subscribers in Nigeria get value for their money.

 

The Acting CEO of FCCPC, Adamu Abdullahi, spoke exclusively to Channels Television on its Dateline Abuja programme on Thursday.

 

During the interview, he provided an update on the summons issued to the owner of a Chinese store in Abuja accused of discriminatory and sharp practices.

 

He also commented on the adherence to the order given to the Abuja Electricity Distribution Company, stating that sanctions are imminent for all verified infractions identified by the agency.

 

MultiChoice, a major satellite television service in Sub-Saharan Africa based in South Africa, recently announced fresh increases in prices on the DSTV and GOtv packages, saying the increase was necessitated by the rise in the cost of business operations.

 

According to the company, the increment would take effect on May 1, 2024.

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The Premium package on DSTV which used to cost N29,500, would now go for N37,000, while the Compact Plus which currently goes for N19,800, has been increased to N25,000.

 

See full list of price changes below:

DStv Package Old Price New Price (monthly)
Premium 29,500 37,000
Compact Plus 19,800 25,000
Compact 12,500 15,700
Confam 7,400 9,300
Yanga 4,200 5,100
Padi 2,950 3,600
HDPVR Access Service 4,000 5,000
Access Fees 4,000 5,000
XtraView 4,000 5,000

 

 

GOtv Package Old Price New Price (monthly)
Supa+ 12,500 15,700
Supa 7,600 9,600
Max 5,700 7,200
Jolli 3,950 4,850
Jinja 2,700 3,300
Smallie 1,300 1,575

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BREAKING: Air Peace to commence Abuja-London flights, says Keyamo

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AIR PEACE

 

Local airline operator Air Peace will commence its Abuja-London route very soon, the Minister of Aviation and Aerospace Development, Festus Keyamo, has said.

 

Keyamo, who stated this on Channels Television’s Politics Today programme on Thursday, said he has given the approval for Air Peace to add Abuja to its London route.

 

On March 30, 2024, Air Peace reciprocated the lopsided Bilateral Air Service Agreement (BASA) between Nigeria and the United Kingdom when the local airline began direct flight operations from Lagos to Gatwick Airport in London.

 

The development has been applauded by many industry observers with more local airlines being encouraged to commence international flights to profitable routes.

 

The price of international flight ticket on the Lagos-London route was as high as N3.5m but with Air Peace pegging a return economy class ticket for N1.2m, foreign airlines such as British Airways, Virgin Atlantic, and Qatar Airways have been forced to slash their prices to stay competitive.

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Despite irregularities, 2023 poll reflected will of Nigerians – US report

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The 2023 Country Reports on Human Rights Practices says the last general election in Nigeria reflected the will of the populace despite widespread irregularities.

 

The report published by the bureau of democracy, human rights, and labour, US Department of State, highlights human rights practices and violations in different countries, including Nigeria.

 

The report stated that supporters of the All Progressives Congress (APC) suppressed votes in Igbo-dominated areas during the March 2023 governorship election in Lagos.

 

“National elections were widely reported to have reflected the will of voters, despite technical and logistical difficulties, and some irregularities,” the report reads.

 

“Many independent observers assessed the results of the presidential, legislative, and state-level elections during the year reflected the will of voters, despite reports of voter suppression and vote buying, campaigning at polling stations, lack of ballot secrecy, violence, and intimidation.

 

“During the March 18 state election in Lagos, All Progressives Congress (APC) supporters reportedly intimidated and
suppressed voters in Igbo-dominated areas, which Labour Party presidential candidate Peter Obi won in the February 25 national election.

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“Viral videos on social media showed APC supporters in Ojo (a LGA in Lagos) threatening to attack ethnic Igbo voters presumed to be pro-Obi.

 

“In Eti-Osa, APC supporters also attacked journalists and, in some cases, shut down voting and prevented non-Yoruba voters from accessing polls. They similarly destroyed property and physically blocked voters in Amuwo-Odofin.

 

“According to videos posted on social media, police officers were present but failed to respond to attacks.”

 

The report said there was no evidence that individuals who perpetrated violence in Lagos during the election were arrested or prosecuted.

 

‘CORRUPTION IN GOVERNMENT‘

The report stated that the Nigerian government has not “consistently” implemented anti-corruption laws.

 

It said there was “widespread” corruption across the country, including in the judiciary.

 

“In August, President Tinubu appointed former Governor Abubakar Bagudu, the Minister of Budget, despite Bagudu’s widely reported history of helping then-President Sani Abacha steal hundreds of millions of dollars from the government in the 1990s,” the report said.

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“Police arrested former Central Bank Governor Godwin Emefiele on June 10 and charged him and a co-defendant with defrauding the government of 6.5 billion naira ($10.4 million), later reduced to 1.6 billion naira ($2.5 million).”

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