E-Business
Microsoft Dominates as the Most Impersonated Brand for Phishing Scams in Q2 2023

Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies and a leading provider of cyber security solutions globally, has published its Brand Phishing Report for Q2 2023.
The report highlights the brands that were most frequently imitated by cybercriminals in their attempts to steal individuals personal information or payment credentials during April, May and June 2023.
Last quarter global technology company Microsoft climbed up the rankings, moving from third place in Q1 2023 to top spot in Q2. The tech giant accounted for 29% of all brand phishing attempts.
This may be partially explained by a phishing campaign that saw hackers targeting account holders with fraudulent messaging regarding unusual activity on their account.
The report ranked Google in second place, accounting for 19% of all attempts and Apple in third, featuring in 5% of all phishing events during the last quarter. In terms of industry, the technology sector was the most impersonated, followed by banking and social media networks.
At the beginning of this year, CPR warned of an upward trend that saw phishing campaigns leveraging the finance industry, and this has continued over the last three months. For example, American banking organization Wells Fargo took fourth place this quarter due to a series of malicious emails requesting account information.
Similar tactics were noted in other scams that imitated brands such as Walmart and LinkedIn, which also featured in this report’s top ten list taking sixth and eighth place.
“While the most impersonated brands move around quarter to quarter, the tactics that cybercriminals use scarcely do. This is because the method of flooding our inboxes and luring us into a false sense of security by using reputable logos has proven successful time and time again,” said Omer Dembinsky, Data Group Manager at Check Point Software.
This is why we all must commit to stop and review, taking a moment before clicking on any link we don’t recognize. Does something feel off? Is there bad grammar or any language that is prompting an instant response? If so, this may be an indicator of a phishing email.
For organizations worried about their own data and reputation, it is key that they take advantage of the right technologies that can effectively block these emails before they have chance to dupe a victim.
In its latest Titan release R81.20, Check Point has also announced an inline security technology called Zero Phishing was enhanced now with a new engine called Brand Spoofing Prevention, designed to stop brand impersonation and scaled to detect and block also local brands that are used as lures, in any language, any country, and it’s also prevents pre-emptively as the engine recognized the fake domains on registration stage and blocks access to them.
The solution uses an innovative AI-Powered engine, advanced Natural Language Processes and improved URL scanning capabilities to auto-inspect possible malicious attempts and block access to impersonated local and global brands across multiple languages and countries, resulting in a 40% higher catch rate than traditional technologies.
In a brand phishing attack, criminals try to imitate the official website of a well-known brand by using a similar domain name or URL and a web-page design that resembles the genuine site.
The link to the fake website can be sent to targeted individuals by email or text message, a user can be redirected during web browsing, or it may be triggered from a fraudulent mobile application. The fake website often contains a form intended to steal users credentials, payment details or other personal information.
Top phishing brands in Q2 2023
Below are the top brands ranked by their overall appearance in brand phishing attempts:
- Microsoft (29%)
- Google (19.5%)
- Apple (5.2%)
- Wells Fargo (4.2%)
- Amazon (4%)
- Walmart (3.9%)
- Roblox (3.8%)
- LinkedIn (3%)
- Home Depot (2.5%)
- Facebook (2.1%)
Microsoft Phishing Email Unusual Activity Example
In the second quarter of 2023, a phishing campaign targeted Microsoft account holders by sending fraudulent messages regarding unusual sign-in activity.
The campaign involved deceptive emails which were sent allegedly from inside the company with sender names such as Microsoft on <company domain>. The subject line of these phishing emails was “RE: Microsoft account unusual sign-in activity” and they claimed to have detected unusual sign-in activity on the recipient’s Microsoft account. The emails provided details of the alleged sign-in, such as the country/region, IP address, date, platform and browser.
To address this supposed security concern, the phishing emails urged recipients to review their recent activity by clicking on a provided link which leads to malicious websites unrelated to Microsoft. The URLs used in the campaign, such as hxxps://online.canpiagn[.]best/configurators.html and hxxps://bafybeigbh2hhq6giieo6pnozs6oi3n7x57wn5arfvgtl2hf2zuf65y6z7y[.]ipfs[.]dweb[.] The link is currently inaccessible, but the assumption is that they were designed to steal user credentials or personal information, or to download malicious content onto the users device.
E-Business
Minister Seeks Digital Tech Adoption to Improve Agriculture, Boost Food Security

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has called for the urgent adoption of digital technology in Nigeria’s agricultural sector to boost food production, curb rising prices, and reduce the country’s dependence on food imports.
Speaking on Thursday in Abeokuta at the Ogun Tech Forward Innovation & Startups Roundtable session, Tijani stressed that Nigeria’s vast arable land and large population could only be effectively harnessed through technological intervention.
He warned that without embracing innovation, traditional farming practices would remain inefficient and expensive, putting food security at risk.
“Technology innovation has already contributed 16 to 18 per cent, but we are aiming for 21 per cent. We need to introduce our technology into agriculture to produce enough food to feed ourselves
“Without technology, countries like Nigeria cannot practise agriculture effectively. We have the vast land, but without technology, we won’t do it well,” the minister said.
Tijani noted that the continuous rise in food prices and the country’s dependence on foreign exchange to import grains that can be grown locally is unsustainable.
He emphasised that leveraging tools such as mobile apps, drones, sensors, and data analytics could transform Nigeria’s farming landscape by enabling precision agriculture and providing real-time insights on soil conditions, pest control, crop health, and intruder detection.
He maintained that the deployment of such technologies would not only enhance farming efficiency and sustainability but also lead to higher yields, lower production costs, and ultimately, more affordable food for Nigerians.
The minister also made a broader case for inclusive innovation across the country, cautioning that Nigeria’s technological future cannot be shaped by a few urban centres alone.
He said the federal government would support emerging tech ecosystems, especially in states like Ogun, to ensure grassroots participation in the digital economy.
Tijani declared, “We can’t leave innovation in the hands of just a few cities. Every part of Nigeria, including towns and rural areas, must be part of the digital journey. The more people we carry along, the stronger we become as a country.”
Tijani, however, revealed that the federal government would back Ogun Tech Hub’s initiative aimed at creating 300 jobs through business process outsourcing as part of a broader vision to transform Nigerian states into ‘talent cities’.
He said, “If we don’t invest in our own people, we’ll keep depending on others for solutions. We must create space for local ideas to grow and become real businesses.”
The minister further called for the integration of emerging technologies such as artificial intelligence, robotics, and drones into key sectors, particularly agriculture, while advocating for the adoption of generative AI in education to support personalised, accessible learning across communities.
In his remarks, the President of the Ogun Tech Community, Adekunle Durosinmi, called on the federal government to provide strategic support to accelerate the growth of the state’s digital ecosystem.
He urged the minister to facilitate the establishment of a functional innovation hub and a permanent secretariat to nurture local startups.
Durosinmi highlighted the critical role Ogun State plays in Nigeria’s economic framework, describing it as a major industrial hub and strategic transport corridor linking Lagos with the rest of the country and West Africa.
He said that with 57 per cent of its 7.1 million projected population in the working-age category, Ogun State possesses immense potential for digital innovation, job creation, and youth development.
“Ogun State is uniquely positioned to become a national leader in technology and entrepreneurship. We have more than 29 tertiary institutions—more than any other state in the country—which makes us a natural home for innovation,” he said.
Since its launch in February 2022 and formal registration with the Corporate Affairs Commission, Durosimi stated that the Ogun Tech Community has organised various initiatives aimed at strengthening digital literacy, cybersecurity awareness, and grassroots tech engagement.
He noted that the community has created 19 active clusters, ranging from developers and mentors to women in tech and agritech specialists, all working together to drive inclusive growth in the tech space.
He reiterated the community’s alignment with the National Digital Economy and E-Governance Bill 2024, stressing that its programmes, governance structure, and advocacy are geared toward promoting digital literacy, supporting startups and SMEs, encouraging e-government services, and fostering responsible digital innovation.
He also stressed that collaboration between government, industry, academia, and the tech ecosystem is key to achieving national development goals.
He expressed appreciation for Tijani’s presence at the roundtable, describing it as a clear indication of the federal government’s commitment to inclusive innovation.
“We want to see such solutions replicated across the country. To accelerate this, we need your support. Ogun urgently needs a fully functioning physical secretariat and, importantly, a dedicated innovation hub to nurture and grow even more startups,” he said.
E-Business
NOTAP, REVASS Ink Agreement to Strengthen Tech Compliance

National Office for Technology Acquisition and Promotion (NOTAP) has signed an agreement with Revass System limited to strengthen technology acquisition compliance through its regulatory framework and boost sustainable capacity in the country.
Speaking during the signing of the agreement in Abuja, Dr. Obiageli Amadiobi, director general and chief executive officer, NOTAP, said that the agreement is to reinforce NOTAP’s core mission of ensuring that technology imported into the Country serves the broader interest particularly in advancing local content development, nurturing indigenous capabilities and ensuring sustainable job creation.
In a statement made available to journalists by Raymond Ogbu, assistant chief information officer, NOTAP, the DG said that the major purpose of the agreement was for Revass Systems limited to design, develop, deploy and manage a secure and efficient digital revenue collection system for NOTAP that will be in compliance with NOTAP Act, Central Bank of Nigeria CBN financial guidelines, NITDA policies, and other applicable Nigerian laws.
The DG said that the app should enhance transparency, accountability, and operational efficiency in revenue collection and management as well as build the capacity of NOTAP staff through structured training and technology transfer initiatives.
Dr. Amadiobi stated that the agreement reflects a strategic approach to safeguarding Nigeria’s economic and technological independence by ensuring that every technology transferred into the country delivers tangible value to Nigerians.
“This partnership represents a pivotal step in ensuring that technologies coming into Nigeria are not only in compliance with Nigerian laws but also aligned with the country’s developmental priorities”.
“The goal of the agency is to ensure that every agreement NOTAP registers, contributes meaningfully to critical skills development, job creation and growth of local enterprises” she said.
The Director General reaffirmed that the milestone is in consonance with the strategic vision of the supervising ministry, the Federal Ministry of Innovation, Science and Technology (FMIST) as well as the Renewed Hope Agenda of President Tinubu to transform the country into a knowledge-based economy driven by local capabilities, productive collaborations, and build globally competitive talents.
“No meaningful developments could happen in critical areas of our economy without the deployment of technology hence the office is making every effort to deploy technology in all its operations to ensure efficient and timely service delivery” she added.
E-Business
NEPC, NBS Sign MoU on Data Capturing

Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) to facilitate data collection from Informal Cross Border Trade.
Nonye Ayeni, executive director/CEO of NEPC, at the signing ceremony held in Abuja, Nigeria’s Capital said the event marked a major turning point in Nigeria’s quest to grow its export trade through the capturing of data in the informal sector.
“Existing trade data primarily capture activities within the formal sector, offering limited visibility into informal export trade transactions, despite their significant volume and economic impact. In 2024, formal export trade records indicate that 7.291 million metric tons of non-oil products valued at US$5.456 billion, were exported from Nigeria. This figure excludes informal export trade data”, she added.
She stated that the Informal cross-border trade is not just a distant, peripheral activity but real trade that fuels livelihoods, strengthens regional supply chains, and contributes significantly to our national and continental economic resilience.
According to her, “Informal export trade representing millions of dollars in goods and services has remained largely outside our official records. Informal export trade data collected by NEPC State offices from major corridors in Kano, Jigawa, Kebbi, Zamfara, Katsina, Sokoto, Lagos, Ogun, and Adamawa reveal transactions valued at over $31.8 million in some months of 2024”.
Ayeni disclosed that reports from the National Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN), shows that over 1.6 million bags worth of the commodity were traded informally to neighbouring countries such as Ghana, Cote D Ivoire, Benin, Cameroon, Congo, and Niger Republic.
The NEPC boss pointed out that these impressive achievements were not captured in the national export trade statistics thus portending real implications for economic planning for the country.
“It weakens Nigeria’s voice in regional and global trade negotiations, it denies informal traders the recognition and support they need to thrive as well as diminishes Nigeria’s economic potential, especially the vital contributions of women, youth, and MSMEs”.
Ayeni explained that the collaboration between the Council and the NBS was borne out of the desire to correct the imbalance and capture the full spectrum of Nigeria’s export trade activity.
Adeyemi Adeniran, statistician general of the Federation, noted that the meeting of key players from national and sub-national agencies, regional institutions, international development partners, and the organized private sector, reflects the strong spirit of collaboration required to address one of the most pressing challenges in Nigeria’s trade data architecture, capturing and integrating data from informal trade and trade in services into the national framework.
Adeniran was of the view that the data gap severely impedes evidence-based policymaking, limits capacity to engage in fair trade negotiations, and undermines the accuracy of macroeconomic indicators adding that traditional trade measurement systems have long focused on formal, large-scale transactions while overlooking the vibrancy of informal trade routes.
He disclosed that informal trade in Sub-Saharan Africa contributes between 20 to 40 per cent of intra-African trade, with Nigeria accounting for a significant share due to its long and porous borders.
“These are not just gaps in data, rather, they represent gaps in our understanding of economic life and the well-being of millions of Nigerians who engage in these activities daily”, he said
Adeniran said the collaboration with NEPC, presents a timely opportunity to update and harness current trends, identify new opportunities, and design data-informed strategies to support trade formalization, enhance competitiveness, and ultimately foster inclusive economic growth.
“Capturing informal trade data will also help us design smarter border policies, enhance food security, facilitate small and medium enterprise development, and monitor regional integration efforts,” he added.
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