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1. “Cyber Attack Targets Major Corporations, Millions at Risk”
2. “Government Websites Hit by Massive Cyber Attack, Data Breach Feared”
3. “Global Cyber Attack Shuts Down Critical Infrastructure, Chaos Ensues”
4. “Cyber Attack Strikes Financial Institutions, Billions in Losses Expected”
5. “Massive Cyber Attack Sparks Fear of Widespread Data Theft”

# Microsoft Threat Intelligence Team Confirms Cyber Attacks by Storm-1811 Group

The Microsoft Threat Intelligence team has confirmed that a malicious group known as Storm-1811 has been exploiting client management tools within the Quick Assist platform to target customers using social engineering tactics. The criminal group has been installing the Black Basta Ransomware and distributing malware such as Cobalt Strike and Qakbot through vishing techniques, ultimately deploying the Black Basta ransomware. These activities have been ongoing since April 2024, and Microsoft’s security teams are actively working to resolve the issue and provide alerts to customers.

# Delay in Implementation of Cybersecurity Tax in Nigeria

The Nigerian government’s plans to implement a Cybersecurity Tax in May of this year have been delayed due to financial challenges faced by the country. The proposed tax on digital transactions to support the national cybersecurity program has been postponed amidst a financial crisis exacerbated by high inflation rates. President Bola Tinubu announced the postponement of the 0.5% tax levy, originally scheduled to take effect from May 6, 2024.

# Data Breach at Santander and MediSecure

Santander, a prominent banking institution, revealed that user data was compromised in a cyber incident linked to a breach at a third-party provider. Additionally, MediSecure, a digital prescription provider in Australia, experienced a cyber attack leading to the exposure of sensitive information. Investigations into both incidents are underway, with efforts to minimize risks and mitigate potential repercussions by relevant authorities.

# Key Points
– Storm-1811 group exploiting client management tools in Microsoft’s Quick Assist platform.
– Delay in the implementation of Cybersecurity Tax in Nigeria due to financial challenges.
– Data breach at Santander and MediSecure, compromising user information.
– Ongoing investigations by cybersecurity authorities to identify and address cyber threats.

# Summary

The cybersecurity landscape continues to face threats from malicious actors, as evidenced by the activities of the Storm-1811 group targeting Microsoft customers. The delay in the implementation of the Cybersecurity Tax in Nigeria highlights the financial challenges impacting national cybersecurity initiatives. The data breaches at Santander and MediSecure underscore the importance of robust cybersecurity measures to safeguard user information. Authorities are actively investigating these incidents to mitigate risks and protect individuals and organizations from cyber threats.

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