ADVERTISEMENT
TechEconomy
Tuesday, May 13, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Nigeria Rises to 11th in List of Countries Targeted by January 2025’s Most Wanted Malware

Nigeria Rises to 11th in List of Countries Targeted by January 2025’s Most Wanted Malware

...Up from 13th

Joan Aimuengheuwa by Joan Aimuengheuwa
February 17, 2025
in Security
1
Nigeria Among Eight African Countries Targeted by January 2025’s Most Wanted Malware — Report
Source: Check Point Software Technologies

Source: Check Point Software Technologies

RelatedPosts

CyberDome and Cato Networks

CyberDome and Cato Networks Collaborate to Deliver SASE in West Africa

May 12, 2025

Sophos Warns of Risk of Data Theft as Chinese Cars Flood France

May 7, 2025

Eight African nations have ranked among the 20 most targeted countries for cyberattacks globally, with Ethiopia leading the list at a 100% Normalised Risk Index. 

This is according to Check Point Software Technologies’ January 2025 Global Threat Index, which reveals that FakeUpdates malware is at the top of cybercrime, enabling large-scale ransomware attacks across the continent.

FakeUpdates is a downloader malware that cybercriminals use to launch ransomware attacks. First detected in 2018, FakeUpdates typically infiltrates systems through deceptive browser update prompts on compromised websites.

Ethiopia Leads as Most Attacked

Ethiopia ranks first globally with a 100% Normalised Risk Index, making it the most targeted nation out of 109 surveyed. Zimbabwe, Angola, and Uganda follow, securing positions within the top 10. Nigeria, which was ranked 13th in the previous report, has moved up to 11th place with an increased risk index of 62.7.

The rankings for other African countries in the top 20 are:

  • Zimbabwe – 5th place (77.7)
  • Angola – 9th place (66.1)
  • Uganda – 10th place (64.5)
  • Nigeria – 11th place (62.7)
  • Kenya – 14th place (59.4)
  • Ghana – 16th place (58.9)
  • Mozambique – 17th place (57.9)

South Africa, which previously ranked higher, has dropped three spots to 66th place, while Egypt ranks 97th, making it the least attacked country in Africa.

How FakeUpdates Malware Fuels Cyber Threats

Security experts have traced several ransomware attacks back to FakeUpdates, which continues to be a favoured tool among cybercriminals. A recent investigation found that an affiliate of the ransomware group RansomHub used a Python-based backdoor to maintain access and deploy ransomware. 

United BANK

This technique, coupled with lateral movement via Remote Desktop Protocol (RDP), allowed attackers to establish prolonged access through scheduled tasks.

Maya Horowitz, VP of Research at Check Point Software, stated: “AI is transforming the cyber threat landscape, with cybercriminals rapidly evolving their methods, leveraging AI to automate and scale their tactics and enhance their capabilities. To effectively combat these threats, organizations must move beyond traditional defences and adopt proactive, adaptive AI-powered security measures that anticipate emerging risks.”

Other Malware Threats on the Rise

Beyond FakeUpdates, the report identified other highly active malware families:

  • Formbook – An infostealer malware that extracts credentials, logs keystrokes, and downloads additional malicious files.
  • Remcos – A Remote Access Trojan (RAT) that exploits Windows vulnerabilities to bypass security restrictions.

For mobile devices, the most active threats include:

  • Anubis – A banking trojan capable of bypassing multi-factor authentication and recording keystrokes.
  • AhMyth – A remote access trojan that disguises itself as a legitimate app to steal sensitive information.
  • Necro – An Android malware that downloads and executes malicious components.

Most Targeted Sectors and Ransomware Groups

According to the report, the education, government, and telecommunications sectors are the most attacked industries globally. Among ransomware groups, Clop was identified as the most active, responsible for 10% of known attacks. It was followed by FunkSec (8%) and RansomHub (7%).

The findings highlight the growing cybersecurity risks faced by African nations, reinforcing the need for stronger digital defences against evolving threats.

Loading

United BANK

0Shares

Tags: AhMythAnubisCheck Point Software TechnologiesCyber ThreatsFakeUpdates malwareFormbookJanuary 2025’s Most Wanted MalwareNecroransomwareRansomware GroupsRemcosRisk Index
Previous Post

Fostering a thriving African Startup Ecosystem through Collaboration

Next Post

ANALYSIS: Banks to Rake in N2.2 Trillion Annually from ATM New Charges

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

CyberDome and Cato Networks
Security

CyberDome and Cato Networks Collaborate to Deliver SASE in West Africa

by Joan Aimuengheuwa
May 12, 2025
0

CyberDome, West Africa’s leading Managed Security Services Provider (MSSP), has announced collaboration with Cato Networks, the SASE leader, to deliver...

Read more
Sophos warning about Chinese Cars -

Sophos Warns of Risk of Data Theft as Chinese Cars Flood France

May 7, 2025
FG Launches Data Privacy Academy

Nigeria Virtual Privacy Academy: FG to Train Youth on Cybersecurity, Data Governance

May 7, 2025
Future of multi-cloud by Samson Aligba -

Securing the Future of AI Integration: Why an Enterprise-Grade Model Context Protocol Framework is Crucial

May 5, 2025
AI-Powered Cybercrime

Check Point: Exposing the Rise of AI-Powered Cybercrime, Defenses

May 5, 2025
World Passwords Day

Is it Time to Goodbye to Passwords?

May 2, 2025
Next Post
Banks to Rake in N2.2 Trillion Annually from ATM New Charges

ANALYSIS: Banks to Rake in N2.2 Trillion Annually from ATM New Charges

Comments 1

  1. Pingback: E-Fraud and Digital Banking Security - TheAlvinReport

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.