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New Emotet Campaign Bypasses Microsoft Blocks to Distribute Malicious OneNote Files

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Check Point Research reports that Emotet Trojan launched a new campaign last month to evade Microsoft’s macro block, sending spam emails containing malicious OneNote files. Meanwhile Ahmyth was the most prevalent mobile malware and Log4j took top spot once again as the most exploited vulnerability

Check Point® Software Technologies, a leading provider of cybersecurity solutions globally, has published its Global Threat Index for March 2023. Last month, researchers uncovered a new malware campaign for Emotet Trojan, which rose to become the second most prevalent malware.

As reported earlier this year, Emotet attackers have been exploring alternative ways to distribute malicious files since Microsoft announced they will block macros from office files. In the latest campaign, the attackers have adopted a new strategy of sending spam emails containing a malicious OneNote file.

Once opened, a fake message appears to trick the victim into clicking the document, which downloads the Emotet infection. Once installed, the malware can gather user email data such as login credentials and contact information. The attackers then use the gathered information to expand the reach of the campaign and facilitate future attacks.

“While big tech companies do their best to cut off cybercriminals at the earliest point, it’s near impossible to stop every attack from bypassing the security measures. We know that Emotet is a sophisticated Trojan and it is no surprise to see it has managed to navigate Microsoft’s latest defenses.

The most important thing people can do is make sure they have appropriate email security in place, avoid downloading any unexpected files and adopt heathy skepticism about the origins of an email and its contents” said Maya Horowitz, VP Research at Check Point Software.

CPR also revealed that “Apache Log4j Remote Code Execution” was the most exploited vulnerability, impacting 44% of organizations globally, followed by “HTTP Headers Remote Code Execution” with 43% of organizations worldwide and “MVPower DVR Remote Code Execution” with a global impact of 40%.

Top malware families

Globally, Qbot was the most prevalent malware last month with an impact of more than 10% on worldwide organizations respectively, followed by Emotet and Formbook with a 4% global impact.

In Nigeria, Qbot was the most prevalent malware last month with an impact of more than 32.36%, followed by Expiro with 19.35% and BlackCat with a 9.68% impact.

  1. Qbot – Qbot AKA Qakbot is a banking Trojan that first appeared in 2008. It was designed to steal a user’s banking credentials or keystrokes and is often distributed via spam emails. Qbot employs several anti-VM, anti-debugging and anti-sandbox techniques to hinder analysis and evade detection.
  1. Expiro – Expiro is a polymorphic file infector first seen in 2010. It inserts its malicious code into executable files on the infected host. These files lead to new infections when they are run on other machines. Expiro steals user and system information from Windows, as well as FTP credentials. 
  1. BlackCat – BlackCat (aka ALPHV) operates in a ransomware-as-a-service (RaaS) business model. BlackCat ransomware is highly customizable ransomware that allows for attacks on a wide range of corporate environments. It targets both Linux and Windows systems, and is coded in Rust.

Top Attacked Industries in Africa

Last month, Manufacturing remained the most attacked industry globally, followed by Consultant and then Leisure/Hospitality.

  1. Manufactoring
  2. Consultant
  3. Leisure/Hospitality

Top exploited vulnerabilities

Last month, “Apache Log4j Remote Code Execution” was the most exploited vulnerability, impacting 44% of organizations globally, followed by “HTTP Headers Remote Code Execution” with 43% of organizations worldwide and “MVPower DVR Remote Code Execution” with a global impact of 40%.

  1. ↑ Apache Log4j Remote Code Execution (CVE-2021-44228) – A remote code execution vulnerability exists in Apache Log4j. Successful exploitation of this vulnerability could allow a remote attacker to execute arbitrary code on the affected system.
  1. ↑ HTTP Headers Remote Code Execution (CVE-2020-10826,CVE-2020-10827,CVE-2020-10828,CVE-2020-13756) – HTTP headers let the client and the server pass additional information with an HTTP request. A remote attacker may use a vulnerable HTTP Header to run arbitrary code on the victim machine.
  1. ↑MVPower DVR Remote Code Execution – A remote code execution vulnerability exists in MVPower DVR devices. A remote attacker can exploit this weakness to execute arbitrary code in the affected router via a crafted request.

Top Mobile Malwares

Last month, Ahmyth moved to the top spot as the most prevalent mobile malware, followed by Anubis and Hiddad.

  1. AhMyth – AhMyth is a Remote Access Trojan (RAT) discovered in 2017. It is distributed through Android apps that can be found on app stores and various websites. When a user installs one of these infected apps, the malware can collect sensitive information from the device and perform actions such as keylogging, taking screenshots, sending SMS messages, and activating the camera.
  1. Anubis – Anubis is a banking Trojan malware designed for Android mobile phones. Since it was initially detected, it has gained additional functions including Remote Access Trojan (RAT) functionality, keylogger, audio recording capabilities and various ransomware features. It has been detected on hundreds of different applications available in the Google Store.
  1. Hiddad – Hiddad is an Android malware which repackages legitimate apps and then releases them to a third-party store. Its main function is to display ads, but it can also gain access to key security details built into the OS.

Check Point’s Global Threat Impact Index and its ThreatCloud Map is powered by Check Point’s ThreatCloud intelligence. ThreatCloud provides real-time threat intelligence derived from hundreds of millions of sensors worldwide, over networks, endpoints and mobiles. The intelligence is enriched with AI-based engines and exclusive research data from Check Point Research, the intelligence and research Arm of Check Point Software Technologies.

 


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NITDA Fixes Date for Inaugural Meeting of the Startup Consultative Forum

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The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.

The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.

Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.

The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.

NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.

Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.


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IMF Downgrades Nigeria’s Economic Growth Forecast Amid Oil Price Decline

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International Monetary Fund (IMF) has revised downward its economic growth forecast for Nigeria in 2025 to 3.0%, a 0.2 percentage point cut from its earlier projection of 3.2%.

The downgrade is attributed to a decline in global crude oil prices, which remain a significant driver of Nigeria’s economy.

The updated figures were published in the IMF’s April 2025 World Economic Outlook (WEO) report, released in Washington, DC, during the ongoing Spring Meetings of the IMF and the World Bank.

The report outlines global and regional economic trends, highlighting continued vulnerability among oil-dependent economies.

According to the IMF, growth across sub-Saharan Africa is also expected to experience a modest decline, with projections falling from 4.0% in 2024 to 3.8% in 2025. However, a slight recovery is anticipated in 2026, with growth forecasted at 4.2%.

Nigeria, Africa’s largest economy, was singled out in the report as among the major economies affected by falling oil prices. The IMF noted that the country’s 2026 growth forecast has also been revised downward by 0.3 percentage points.

The IMF further reported similar economic challenges in other African countries. In South Africa, growth projections were adjusted downward by 0.5 percentage point for 2025 and 0.3 percentage point for 2026.

These revisions reflect weakening economic momentum following a lacklustre 2024, growing uncertainty, a rise in protectionist economic policies, and the impact of a broader global slowdown.

In a more severe adjustment, the IMF slashed South Sudan’s 2025 economic growth forecast by a staggering 31.5 percentage points.

The sharp decline is linked to delays in the resumption of oil production after a major pipeline sustained damage, significantly impacting the country’s revenue and export capacity.

The IMF’s outlook underscores the fragility of economies heavily reliant on natural resources and the ongoing risks posed by global market volatility.


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UN Says Billion-Dollar Cyberscam Industry spreading Globally

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Crime syndicates have made billions scamming victims in Asia and are now expanding their operations to Africa, Europe, South America and further, according to a United Nations report on Monday.

UN Says Billion-Dollar Cyberscam Industry spreading Globally

The UN said Chinese and Southeast Asian gangs were targeting victims through investment, cryptocurrency, romance and other scams.

According to the United Nations Office on Drugs and Crime (UNODC), cyberscams are now a sophisticated global industry, featuring sprawling compounds housing tens of thousands of mostly trafficked workers who are forced to con other people online.

“It spreads like a cancer,” said Benedikt Hofmann, UNODC Acting Regional Representative for Southeast Asia and the Pacific said. “Authorities treat it in one area, but the roots never disappear; they simply migrate.”

While the activity had largely been focused on the border areas in Myanmar, a country torn by civil war, and dubious “special economic zones” set up in Cambodia and Laos, UNODC reported networks are expanding their operations to South America, Africa, the Middle East, Europe and some Pacific islands.

“This reflects both a natural expansion as the industry grows and seeks new ways and places to do business, but also a hedging against future risks should disruption continue and intensify in Southeast Asia,” Hofmann added.

Countries in east and southeast Asia lost an estimated $37 billion  (€32.5 billion) to cyber fraud in 2023, while the United States reported more than $5.6 billion  (€4.9 billion) in losses the UNODC report said.

There were also raids in Cambodia, but they prompted the crime syndicates to move to “more remote locations” and border areas.

Cambodian government spokesman Pen Bona said the country is among the victims of the cyberfraud industry and is committed to fighting it.

According to Bona, the government has established an ad-hoc commission chaired by Prime Minister Hun Manet which seeks to boost law enforcement and legal tools while working with international partners and the UN.

UNODC urged the international community to act, saying it was at a “critical inflection point.”

According to the UN, staying aside would have “unprecedented consequences for Southeast Asia that reverberate globally.”

 


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