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Targeted Malware is Raging Across South Africa, Kenya & Nigeria

According to the latest research of internet security firm Kaspersky on threat landscape trends, South Africa, Kenya and Nigeria are facing dramatic changes in the landscape. While regular, self-propagating malware is decreasing dramatically, as it is no longer effective and cannot fly under security radars, the region will see the growth of new cybercrime models in the upcoming year. While comparing the overall number of mass cyberattacks in 2021, security researchers at Kaspersky noticed a 7,5% decrease in Nigeria, a 12% decrease in South Africa and an unprecedented 28,6% decrease in Kenya. The reason for such a change was the introduction and popularisation of new cybercrime models in the region, with cybercrime tools becoming more targeted along with a long-running trend where malware ...

South Africa Sees 42% Increase in Financial Malware in First Half of 2021

Sourced from Tech Advisor A combination of increasingly sophisticated propagation technologies and continued economic uncertainties resulting from the COVID-19 pandemic have seen the number of financial malware attacks reported in South Africa during the first half of 2021 increase by more than 10,400 over the comparative period last year, according to Kaspersky research. “Of these attacks, 24% targeted corporate users. This makes financial malware attacks a significant cybersecurity risk facing the local market today across both the consumer and business sectors,” says Bethwel Opil, Enterprise Sales Manager at Kaspersky in Africa. Remote Work Leads to Security Lapses Local organisations have become susceptible to financial malware as more employees work outside the relative safety of the ...

Recent Increases in Cyberattacks Could Be Due to Leaked Cyber “Superweapons”

Sourced from Forbes Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies Ltd., a leading provider of cybersecurity solutions globally, warns of a further increase in cyberattacks and thinks it could be partly down to major powers leaking, what they refer to as, ‘cyber superweapons’. “We have long warned that organisations of all sizes are being bombarded by a global fifth generation of cyber threats (Gen V). These are multi-vector cyber threats that can cause fatal damage and irreparable harm to the reputation of the compromised company,” said Pankaj Bhula, Regional Spokesperson at Check Point Software. “However, most companies are only secured against what we call third-generation threats (Gen III), which are threats that we’ve known about since the...