GRBusiness
Sophos introduces “Xstream” version of XG Firewall
BY: Nmerichukwu Igweamaka
The global leader in next-generation cybersecurity, Sophos has introduced a new “Xstream” architecture for Sophos XG Firewall with high performance Transport Layer Security (TLS) traffic decryption capabilities that eliminate significant security risk associated with encrypted network traffic, which is often overlooked by security teams due to performance and complexity concerns.
GrassRoots.ng understand that the XG Firewall now also features AI-enhanced threat analysis from SophosLabs and accelerated application performance.
Sophos today also published the SophosLabs Uncut article, “Nearly a Quarter of Malware now Communicates Using TLS,” which explains how 23% of malware families use encrypted communication for Command and Control (C2) or installation.
The article details, for example, three common and ever-present Trojans – Trickbot, IcedID and Dridex – that leverage TLS during the course of their attacks. Cybercriminals also use TLS to hide their exploits, payloads and stolen content and to avoid detection. In fact, 44% of prevalent information stealers use encryption to sneak hijacked data, including bank and financial account passwords and other sensitive credentials, out from under organizations.
“As SophosLabs’ research demonstrates, cybercriminals are boldly embracing encryption in an attempt to bypass security products. Unfortunately, most firewalls lack scalable TLS crypto capabilities and are unable to inspect encrypted traffic without causing applications to break or degrade network performance,” said Dan Schiappa, chief product officer at Sophos.
“With the new Xstream architecture in XG Firewall, Sophos is providing critical visibility into an enormous blind spot while eliminating frustrating latency and compatibility issues with full support for the latest TLS 1.3 standard. Sophos’ internal benchmark tests have clocked a two-fold performance boost in the new XG TLS inspection engine as compared to previous XG versions. This is a game changer,” Dan added.
Latency too often deters IT admins from using decryption, as seen in an independent Sophos survey of 3,100 IT managers in 12 countries. The survey white paper, The Achilles Heel of Next-Gen Firewalls, reports that while 82% of respondents agreed TLS inspection is necessary, only 3.5% of organizations are decrypting their traffic to properly inspect it.
Key new features of XG Firewall include:
· Inspection of TLS 1.3 to detect cloaked malware: New port-agnostic TLS engine doubles crypto operation performance over previous XG versions
· Optimized critical application performance: New FastPath policy controls accelerate performance of SD-WAN applications and traffic, including Voice over IP, SaaS and others, to up to wire speed
· Adaptive traffic scanning: The newly enhanced Deep Packet Inspection (DPI) engine dynamically risk-assesses traffic streams and matches them to the appropriate threat scanning level, enhancing throughput by up to 33% across most network environments
· Threat analysis with SophosLabs intelligence: Provides network administrators with the SophosLabs AI-enhanced threat analysis needed to understand and adjust defenses to protect against a constantly changing threat landscape
· Comprehensive cloud management and reporting in Sophos Central: Centralized management and reporting capabilities in Sophos Central provide customers with group firewall management and flexible cloud reporting across an entire estate without additional charge
· Integration with Sophos Managed Threat Response (MTR) service: Customers of XG Firewall who also subscribe to the Sophos MTR Advanced service will have deeper actionable intelligence to prevent, detect and respond to threats, as a result of the integration
“Sophos’ new XG Firewall offers a wide array of enterprise-caliber features, with a growing installed base that is now one of the industry’s most widely deployed next-generation firewalls,” Eric Parizo, senior analyst for enterprise IT strategy, (according to Omdia, Enterprise Decision Maker, January 2020. Results are not an endorsement of Sophos or SophosLabs. Any reliance on these results is at the third-party’s own risk). “XG Firewall can win against industry competitors in large part because of Sophos Central, its SaaS-based, single-pane-of-glass management system for overseeing deployment, management, policy, updates, and response, with optional log management and analytics. This cloud management platform with the Firewall Management and Reporting feature, plus the TLS inspection, position Sophos XG Firewall as a compelling option for a wide variety of organizations.”
“At Convergent Information Security Solutions, we are engaged in the management and monitoring of both perimeter and internal cybersecurity for our customers, and until now we were somewhat limited in our ability to monitor SSL/TLS encrypted data streams. Sophos XG Firewall helps us solve this problem efficiently and affordably with the new accelerated DPI engine in the latest version.
“This, combined with new automatically-managed custom IPS rule sets, gives us much more visibility into encrypted traffic going through the network than we ever had before. This feature will immensely improve our customers’ security and we consider this to be critical, based how broadly cybercriminals are capitalizing on TLS encryption to cover-up and carry out their attacks,” said Bruce Kneece, CTO of Columbia, S.C.-based Convergent Information Security Solutions. “We’re also aware of how fast cyberattacks are morphing. With the ability to scan for potentially dangerous files transported inside of SSL/TLS tunnels, in addition to the zero-day detection engine of Sandstorm, we can provide better, faster customer protection, detection and service.”
Sophos XG Firewall is available in the cloud-based Sophos Central platform alongside Sophos’ entire portfolio of next-generation cybersecurity solutions. Sophos’ unique Synchronized Security approach empowers these solutions to work together for real-time information sharing and threat response.
Micro, Small and Medium-sized Enterprises(SMBs) are the backbone of most economies accounting for 90% of businesses, over 70% of employment, and 50% of global GDP, according to the United Nations. They drive growth, innovation, and job creation worldwide.
In Nigeria, they play a crucial role in stimulating local economies and contributing to the country’s GDP.
Recognising their impact, WhatsApp is committed to empowering SMBs with the tools to succeed through the WhatsApp Business App, by reaching their customers where they already are.
WhatsApp continues to be the best way for people and businesses to get business done in Nigeria. With its efficient features, the WhatsApp Business App has become an indispensable tool for small businesses, helping them streamline communication, enhance customer engagement and drive sales. And we know customers love communicating with businesses over WhatsApp too, as nearly 80% of people globally message with a business at least once a week.
Whether you’re just starting out or looking to optimise your business operations, here are five essential WhatsApp Business features that can elevate your efficiency and customer interactions.
1. Catalog – Showcase Your Products and Services
Gone are the days of sending multiple images and descriptions individually to customers. With the Catalog feature, you can create a digital storefront where customers can browse your offerings within WhatsApp. This is just like a mini-website which makes it easier to showcase your products, prices and descriptions in an organised way.
How to Use It: Go to Business Tools > Catalog. Add product images, videos, names, descriptions and pricing.
2. Quick Replies – Save Time on Repetitive Questions
Answering the same customer questions repeatedly? Quick Replies let you create preset responses for frequently asked questions, saving you time and ensuring fast customer service.
How to Use It:Go to Settings > Business Tools > Quick Replies. Create and save responses such as a greeting message or order confirmation. Use the shortcut “/” to insert a quick reply in any chat
3. Labels – Stay Organised and Track Conversations
Managing multiple customer interactions can be overwhelming, but the Labels feature helps by categorising chats in different ways, such as order status or customer type. You can create labels with different colors or names and add the conversations to an entire chat. This keeps your inbox organised and ensures no customer is left waiting.
How to Use It: Open a chat, tap on the three-dot menu > Label Chat. Assign relevant labels like New Customer, Order Placed, Pending Payment.
4. Away Messages – Engage Customers Even When You’re Away
Never miss a customer inquiry again. Away Messages allow you to set up a greeting or away message, ensuring customers receive timely responses even outside business hours.
How to Use It: Go to Business Tools > Away Message / Greeting Message. Set up a custom message and schedule when it should be sent.
5. Meta Verified – For Enhanced Protection and Account Support
A paid subscription that helps your business build credibility with new audiences, Meta Verified can help drive more engagement and grow your brand. With Meta Verified, you’ll receive enhanced account support, can use WhatsApp across multiple devices and easily create a professional WhatsApp web page that’s tailored to you.
How to Use It: Go to Settings or Business Tools > tap Meta Verified.
WhatsApp Business is packed with features designed to help small businesses grow, stay organised, and engage with customers effortlessly. By leveraging these features, you can enhance your customer experience, increase efficiency and ultimately drive more sales. Start your own journey with the WhatsApp Business app here.
Bolt, the leading ride-hailing platform, on Thursday, 19th of March hosted an Iftar gathering in Kano to bring together Muslim drivers during the holy month of Ramadan.
The event was not only an opportunity to share a meal but also served as a platform for open dialogue, feedback exchange, and community building within the Bolt driver network.
The Iftar event, held in recognition of the significance of Ramadan, reinforced Bolt’s commitment to supporting its driver-partners and fostering inclusivity across all communities. The gathering provided an environment for drivers to voice their concerns, share their experiences, and engage directly with the Bolt team in a collaborative discussion about improving their experience on the platform.
Speaking during the event, Osi Oguah, the general manager for Bolt Nigeria said: “At Bolt, we recognize the importance of creating a supportive and inclusive environment for our driver-partners.
This Iftar event was more than just a meal, it was a chance to connect, listen, and understand the challenges and needs of our drivers in Kano. We appreciate their dedication, especially during this sacred period of Ramadan.”
Drivers in attendance expressed their appreciation for the initiative, highlighting the sense of belonging and recognition the event fostered. Many also welcomed the opportunity to discuss ways to improve their overall experience on the Bolt platform, making it a productive and meaningful engagement for all participants.
Nura Muhammed, a driver-partner said: “We want to say thank you to Bolt for this initiative, if my knowledge serves me right, this is the first time a ride-hailing company will organize such an event in Kano. This event has also made it possible for us to share some feedback to them physically and we drivers mostly get to connect through our online platform but today, we’re able to meet physically, mingle and exchange pleasantries”
Bolt remains committed to strengthening driver engagement and well-being, and this Iftar gathering is part of a broader effort to continuously support and empower driver-partners across Nigeria.
Finance
Flutterwave Powers Local Businesses in Ghana Through Pay With Bank Transfer
Reporter: Ikenna Ugwu
Flutterwave, a leading payments technology company in Africa, has broadened its reach in Ghana through the integration of Pay With Bank Transfer, done in partnership with Affinity Bank.
With over 115 million bank transfer payments recorded in Ghana in 2023, this move will ensure that Flutterwave businesses in Ghana can now receive payments seamlessly and securely through a rapidly growing payment method. While Mobile Money leads as the preferred payment type for everyday transactions in Ghana, the recent growth in transactions for Pay With Bank Transfer symbolizes the expanding payment options available for Ghanaian businesses.
Flutterwave has a track record of driving innovation in the African finance ecosystem, and this new development promises versatility, thereby expanding the pool of customers available to businesses. As a preferred payment method, it also promises faster payments while providing access to a more secure process of transacting which benefits both the sender and the receiver (business).
“We are excited to extend our services to the Ghanaian market” says Olugbenga Agboola, Flutterwave Founder & CEO“At Flutterwave, we are driven by the vision of building Africa’s economy. By making payment options like Pay With Bank Transfer available for everyday use, we are expanding access to payments and enabling local businesses to thrive in the economy”
By establishing this strategic partnership, Flutterwave aims to drive the adoption of the Pay With Bank Transfer option in Ghana, using virtual accounts to allow for secure and transparent payments. This will provide enterprises and small businesses with a simpler way to receive payments and give their customers a seamless process of making payments.
Geoffrey Fiador, Manager, Country Operations and Partnerships, at Flutterwave stated: “By delivering essential payment options like Pay With Bank Transfer for businesses in Ghana, we’re providing an easy way for them to increase their revenue opportunities to grow their businesses. ”
This announcement comes at the heels of Flutterwave’s recent approval by the Bank of Ghana to provide inward remittance services. With a track record of success across Africa, Flutterwave continues to be a trusted partner for businesses in over 34 countries, providing the tools and expertise necessary for success in the dynamic African market.
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