September 2016

10:36:00 pm
Hello guys, and Happy new months to you all… Well to those of you actively involve in MMM, SEC have something important for you..


SEC on its website, said, “The attention of SEC, Nigeria has been drawn to the activities of an online investment scheme tagged ‘MMM Federal Republic of Nigeria (nigeria.). The platform has embarked on an aggressive online media campaign to lure the investing public to participate in what it called ‘mutual aid financial network’ with a monthly investment return of 30 per cent.
The commission hereby notifies the investing public that the operation of this investment scheme has no tangible business model hence it’s a Ponzi Scheme, where returns are paid from other people’s invested sum. Also, its operation is not registered by the Commission.”

SEC, therefore, advised the general public to distance themselves from the online scheme, adding, “Please note that anyone that subscribes to this illegal activity does so at their own risk.”

I know most of you may still not agree with the above but please apply common sense… Don’t invest all your money in MMM. I know that even common sense is not common.
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10:32:00 pm
Another Malware has been discovered in Google Playstore despite the facts that it is the most secured store to download apps for Androids.

I don’t know how this malware nicodemously creep in to Google Playstore but it has infected more than 40 applications on Google playstore and more than 400 applications on unofficial app store. It is called DressCode.
What this specific type of malware does is, it creates a so-called botnet. The attackers are able to use infected devices to route traffic through them. In the case of DressCode, Check Point says, the hackers only used it to generate false ad clicks and traffic, thus collecting ad revenue. However, a botnet can be used for much more serious attacks, such as gaining access to company servers and files.

Even though the malware is used to route traffic for invalid clicks of ad revenue, you still have the responsibility of making sure such kind of malware doesn’t run in the background of your device, otherwise it will affect your device performance.

Always make sure that your Android device have the latest security patch installed and always be careful of what you download in apps store.
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