Cyberattacks on businesses around the world have increased by 29% this year. This growing threat in Africa is being driven by an increase in internet users, which creates a larger pool of targets for criminals, as we’ve seen in Kenya. In January, the country’s connected population nearly reached 22 million, a figure that is likely…
According to Orange Cyberdefense, Europe’s largest managed security services provider, there has been a 13% increase in cyberattacks on enterprises over the last year, with a rise in ransomware incidents and, for the first time, a noticeable wave of attacks against mobile devices. The Security Navigator 2022 provides a detailed analysis of more than 50…
Google announced Tuesday that it is shutting down a network of approximately one million hijacked electronic devices used worldwide to commit online crimes, as well as suing Russia-based hackers the tech giant claims are to blame. The so-called botnet of infected devices, which was also used to stealthily mine Bitcoin, has been cut off from…
The KnowBe4 and ITWeb Ransomware Survey investigated the South African organization and discovered that ransomware and cybercrime are increasingly affecting organizations on the continent. While many businesses (32%) will be attacked in 2021, some multiple times (12%), 64 percent believe they are prepared, and 67 percent will not pay the ransom. According to Anna Collard,…
Women in Africa are using online platforms as a critical source of income now more than ever. Jumia, Africa’s largest e-commerce platform, recently announced that women make up 51% of its vendors and account for 33% of total merchandise sales between 2019 and 2020. The African ecommerce sector was valued at $20 billion (pdf) in…
On Monday, Israel stated that countries interested in purchasing its cyber technologies would be required to commit to using them only to prevent a limited number of terrorist acts and serious crimes. The announcement by Israel’s Defense Ministry was the latest step in strengthening its oversight following concerns about possible abuses of a hacking tool…
Firefox Monitor, Mozilla’s password breach detection service, could be used to remove personal information from the Internet in the near future. Firefox Monitor users who want to use the service can sign up for a waitlist. Sign in to your Firefox Monitor account, or create a new one, and then click the join waitlist button…
Checking off that gift list this holiday season will look a little different than in previous years. Many shoppers intend to do a significant portion of their holiday shopping online. Digital gift card sales are also expected to rise. However, given the expected increase in digital activity over the holidays, cybercriminals will be making their…
According to four people familiar with the situation, at least nine US State Department employees’ Apple iPhones were hacked by an unknown assailant using sophisticated spyware developed by Israel-based NSO Group. The hacks, which occurred in the last few months, targeted US officials who were either based in Uganda or focused on issues concerning the…
BadgerDAO, a DeFi protocol, has been the victim of a large hack. The protocol’s users were robbed of $120.3 million, according to security researchers PeckShield. BadgerDAO is a DeFi protocol aimed at increasing bitcoin yield. The idea is to wrap your bitcoin and transfer it to a smart contract platform like Ethereum, which you can…
Google has released a new cybersecurity report warning about how compromised Google Cloud instances are being leveraged by cryptocurrency miners for cryptocurrency mining. Threat intelligence observations from the Threat Analysis Group (TAG), Google Cloud Threat Intelligence for Chronicle, Trust and Safety, and other internal teams were used to create the “Threat Horizons” report. According to…
In the run-up to Black Friday, there was an increase in phishing assaults that looked like e-payment pages. From September (627,560) to October 2021 (1,935,905), the overall number of financial phishing attacks disguised as e-payment systems more than doubled, representing a 208 percent rise. This and other discoveries are included in Kaspersky’s paper, ‘Black Friday…
According to the newest danger landscape trends data from internet security firm Kaspersky, South Africa, Kenya, and Nigeria are experiencing tremendous shifts in the landscape. While traditional, self-propagating malware is declining due to its ineffectiveness and inability to fly under security radars, the region will experience an increase in new cybercrime models in the following…