E-Business
Kaspersky Reveals Future of APTs, Nigeria Ranks 8th Internet Users by Country
Kaspersky Lab’s experts revealed their predictions for 2016, which are based on the expertise of the Global Research and Analysis Team – the company’s 43 top security experts, located all over the world.
Each member contributed unique expertise and, in 2015 alone, their insight and intelligence resulted in detailed reports on 12 Advanced Persistent Threat actors (APTs), “speaking” different languages, including French, Arabic, Chinese, Russian, English, among others.
Kaspersky Lab’s experts anticipate that in 2016 we will see significant evolution in cyberespionage tradecraft.
First, there will be a dramatic change in how APTs are structured and operated. It is expected to see a decreased emphasis on ‘persistence’, with a greater focus on memory-resident or fileless malware, reducing the traces left on an infected system and thereby avoiding detection.
Furthermore, the experts see that there is less urge to demonstrate superior cyber-skills, so return on investment will rule much of the nation-state attacker’s decision-making.
Therefore there will be an increase in the repurposing of off-the-shelf malware rather than investment in bootkits, rootkits and custom malware that gets burned by research teams.
In a more long-term perspective, there is an expectation that more newcomers will enter the APT space.
Cyber-mercenaries will grow in number as more parties seek to gain from online attacks. These are expected to offer attack expertise to anyone willing to pay, and also to sell to interested third-parties digital access to high-profile victims, in what could be called an ‘Access-as-a-Service’ offering.
Consumer threats will also evolve. According to experts ransomware will be gaining more ground on banking Trojans and is expected to extend into new areas such as OS X devices, often owned by wealthier and therefore more lucrative targets in addition to mobile and the Internet-of-Things.
Cybercriminals are constantly looking for new ways to make their victims pay. Therefore, alternative payment systems such as ApplePay and AndroidPay, as well as stock exchanges are expected to become growing targets for financial cyber-attacks.
In 2015, Kasperksy Lab experts witnessed a rise in the number of DOXing, public shaming and extortion attacks, as everyone from Hactivists to nation-states embraced the strategic dumping of private pictures, information, customer lists, and code to shame their targets.
Sadly, Kaspersky Lab expects this practice to continue to rise exponentially in 2016.
“Nigeria ranks number 8 for Internet Users by country*, it is the highest number among all African countries.
It is obvious that in this region we will see many attacks on users aimed at getting their financial and personal data on mobiles and PCs. Ransomware will also likely rise in this region in 2016.
Also there are more and more companies choosing to keep their data in the cloud due to the reduced costs and the grown Internet speed, so the opportunity for malware writers to steal company data has become a much bigger risk than a few years ago” said Dirk Kollberg, Senior Security Researcher, Global Research & Analysis Team at Kaspersky Lab.
In order to be able to minimise the future risks connected with cyber-attacks of the future, businesses should create and deploy a complete security strategy.
It is important to educate staff about cybersecurity, implement multi-layered Endpoint protection with extra proactive layers and protect all elements of infrastructure, patch vulnerabilities, mind everything that is mobile and implement encryption for communication and sensitive data.
Companies that have high risks of encountering cyberattacks should consider creating a dedicated Security Operations Center.
Individuals should invest in a robust security solution for all devices and switch to encrypted communication. However, they should not solely rely on technology. Studying the basics of cybersecurity and exploring options that come with the protective solution can save from many incidents. With more and more of our lives being exposed online – it might be useful to revise online habits, as once the information is uploaded it stays online forever and can be used against you or your company.
Kaspersky Lab is one of the world’s fastest-growing cyber-security companies and the largest that is privately-owned.
The company is ranked among the world’s top four vendors of security solutions for endpoint users (IDC, 2014).
Since 1997 Kaspersky Lab has been an innovator in cyber-security and provides effective digital security solutions and threat intelligence for large enterprises, SMBs and consumers.
Kaspersky Lab is an international company, operating in almost 200 countries and territories across the globe. Over 400 million users are protected by Kaspersky Lab technologies worldwide.
E-Business
Kaspersky Contributes to Joint INTERPOL-AFRIPOL Operation Combating Cybercrime Across Africa
Kaspersky has recently assisted its partner law enforcement agencies INTERPOL and AFRIPOL in a joint effort to disrupt cybercrime across the African region.
Dubbed “Serengeti,” the operation has led to the arrest of more than 1,000 individuals suspected of links to cybercrimes such as ransomware operation and business email compromise (BEC) attacks, resulting in nearly US $193 million in financial losses worldwide.
As Africa is going through a rapid digitisation, the threat of cybercrime on the continent is also escalating. In the African region in general and West Africa in particular, ransomware emerges as one of the most prominent attack vectors, targeting critical infrastructure, financial institutions, and manufacturing facilities, among others.
During the first 10 months of 2024, ransomware detections in West Africa surged by 36% year-on-year, according to Kaspersky data. Other noticeable cyberthreats targeting users and organisations in the region include spyware and password stealers.
Conducted from September 2 to October 31, operation Serengeti dismantled 134,089 malicious infrastructures and networks linked to cybercrimes including ransomware operations, BEC attacks, digital extortion and online scams — all identified as prominent threats in INTERPOL’s 2024 Africa Cyber Threat Assessment Report.
Kaspersky has contributed to the operation by sharing information on threat actors, data on ransomware attacks and malware targeting the region, as well as up-to-date indicators of compromise (IoCs) for malicious infrastructure across Africa.
Among the malware targeting African countries was also a well-known Brazilian banking trojan Grandoreiro – Kaspersky recently released new findings on this trojan at its Security Analyst Summit. Additionally, ransomware families detected in attacks on African organisations among others included LockBit, Rhysida, and Medusa.
The operation has also resulted in the identification of more than 35,000 victims of cyber offenses investigated.
Valdecy Urquiza, Secretary General of INTERPOL, said: “From multi-level marketing scams to credit card fraud on an industrial scale, the increasing volume and sophistication of cybercrime attacks is of serious concern.
Operation Serengeti shows what we can achieve by working together, and these arrests alone will save countless potential future victims from real personal and financial pain. We know that this is just the tip of the iceberg, which is why we will continue targeting these criminal groups worldwide.”
Ambassador Jalel Chelba, AFRIPOL’s Acting Executive Director said: “Through Serengeti, AFRIPOL has significantly enhanced support for law enforcement in African Union Member States. We’ve facilitated key arrests and deepened insights into cybercrime trends. Our focus now includes emerging threats like AI-driven malware and advanced attack techniques.”
“We are proud to contribute to this multi-stakeholder operation orchestrated by INTERPOL and AFRIPOL,” comments Yuliya Shlychkova, Vice President, Global Public Affairs, Kaspersky. “The emerging dynamics of the threat landscape in Africa requires a stronger regional dialogue on mitigating acute cybersecurity risks.
Kaspersky firmly supports INTERPOL’s and AFRIPOL’s efforts to prevent and disrupt cybercrime attacks across Africa and shares the holistic approach towards creating a more cyber-resilient environment within the continent.”
Thanks to the cooperation with INTERPOL and AFRIPOL, Kaspersky has been an active contributor to fostering a more cyber-savvy environment in the African region.
In addition to the vast record of joint operations in Africa, with the latest being INTERPOL-led operation Synergia II, Kaspersky has recently sealed a five-year cooperation agreement with AFRIPOL to further strengthen its role in creating a more cybersafe climate on the continent by sharing Kaspersky’s extensive data on local cyberthreats and cybercrime trends with the organisation.
E-Business
NITDA Alerts Nigerians on Cybersecurity Risks Linked to Spotify
National Information Technology Development Agency (NITDA) has issued a public alert warning Nigerians about a cybersecurity threat involving the use of Spotify to promote malicious activities.
The agency, in a public notice issued on Tuesday, disclosed that threat actors are exploiting the popular music streaming platform to advertise game hacks, pirated software, and spam links that could expose users to cyber threats.
According to NITDA, cybercriminals embed malicious promotions in playlist names and podcast descriptions on Spotify, explaining that these promotions are used to advertise game hacks for popular video games such as Fortnite, GTA, Apex, and Roblox. Additionally.
They also promote pirated software (commonly referred to as ‘cracks’), spam links, and other malicious sites.
This abuse is said to leverage Spotify’s web player results to improve the search engine visibility of these harmful websites, putting unsuspecting users at risk of malware, scams, and other cyber threats.
NITDA warned that the exploitation of Spotify could lead to exposure to scams and phishing attacks, downloading of malware that can compromise user devices and Loss of personal and financial data through interactions with malicious websites.
To manage the risks, NITDA advised users to exercise Caution with suspicious playlists and podcasts and avoid engaging with playlists or podcasts that feature unusual or suspicious text in their descriptions.
It also warned users not to click Unknown Links, and also ensure the Spotify app is updated to the latest version to minimise vulnerabilities.
The agency further advised Spotify users in Nigeria to remain vigilant and adhere to cybersecurity best practices to safeguard their personal information and devices.
According to the agency, the websites posing as OpenAI’s popular AI, ChatGPT, are tricking users into downloading malicious files or software to their devices.
E-Business
Konga Yakata’s Last Week: Don’t Miss Out on Incredible Deals
Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week. Shoppers nationwide are gearing up for a rain of last-minute deals and irresistible offers, with the promotion set to end on Saturday, November 30, 2024.
The month-long Konga Yakata campaign, which kicked off on Friday, November 1, has delivered an unparalleled shopping experience, treating customers to incredible discounts, engaging promos, and unbeatable incentives.
In addition to massive price cuts across a wide range of products, Konga has thrilled shoppers with exciting events such as Treasure Hunts, Flash Sales, Bargain Bash, Brand Days, and specialized Black Friday packages like the Budget Store, Under 50k Store, and TGIF Epic Drop.
The highlight of the Yakata 2024 season will be this year’s Black Friday, which takes place on Friday, November 29. Thousands of customers will be able to score exclusive discounts on items including electronics, clothes, home appliances, computers, and groceries.
Reflecting on the experience so far, a satisfied anonymous shopper who snagged a TV at a discounted rate said, “Konga Yakata has been nothing short of amazing this year. The discounts are unbelievable but true, and the convenience of shopping online is unmatched.
“I’ve already made several purchases, and I’m excited to see what other deals are in store for the final week.”
Konga’s Black Friday sale has been a boon for consumers, offering respite from the economic challenges many Nigerians face. By providing access to affordable products and services, Konga has empowered shoppers to make the most of their money.
Despite the prevailing economic challenges, shoppers have embraced the Yakata season, targeting high-value deals and leveraging Konga’s tailored offerings to make significant savings. With the countdown underway, the excitement is expected to hit its peak on Friday as customers traditionally wait for that day to grab the most exclusive deals.
Speaking on the heightened anticipation, Kunle Ajani, Group Head of Marketing at Konga, stated, “We’re thrilled with the overwhelming response to Konga Yakata this year, and we’re committed to ensuring the final week delivers the biggest surprises yet.
“We are proud to offer a platform where shoppers can enjoy exceptional value, despite the economic realities.”
As the curtain closes on the 2024 Yakata season, shoppers can look forward to a flurry of last-minute deals, culminating at midnight on November 30. From tech enthusiasts to lovers of electronics and deal hunters, Konga Yakata continues to redefine the shopping experience, making it a season to remember for all Nigerians.
Take advantage of the final week of Konga Yakata. Visit Konga.com and experience the thrill of shopping at unbeatable prices.
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