Ethio telecom Thwarts Cyber Attack Attempts 

Dec 12 , 2020


[ssba-buttons]

Ethio telecom, the country’s sole telecom operator, has reported nearly 40 billion cyberattack attempts on its system over the course of 14 days. The cyberattacks, which were recorded between November 25 and December 7 with an average of 2.8 billion daily instances, were targeted at government and educational systems and sites. Broadcasting media and finance systems and sites were also targeted for infiltration, according to the company's reports. The attacks included attempts to gain unauthorised access and distributed denial-of-service (DDOS) attacks. The latter aims to disrupt the normal functioning of a server by overwhelming it with a flood of internet traffic. The company also reported that limited local mobile service in Meqelle, capital of Tigray Regional State, was established by illegal entities a few days following the breakout of armed conflict in the area. Following months of escalating tensions between the federal government and the former administration of the Regional State, armed conflict broke out on November 4, 2020. Alamata Wereda, in the southernmost tip of the region, has had telecom services fully restored, with six other towns such as Dansha and Humera receiving partial restoration.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...