We use cookies to improve your experience. By your continued use of this site you accept such use.
Kaspersky

  • Multimedia content

  • Images (1)
    • Bethwel Opil, Enterprise Client Lead at Kaspersky in Africa
  • All (1)
Source: Kaspersky |

Kaspersky Records an Increase in Mobile Threats in Africa in Q2 2023

Among the most prevalent mobile threats that were detected in Africa are adware and mobile banking threats

According to Kaspersky research (https://apo-opa.info/46X8CgY) on mobile cyberthreat dynamics in Q2 2023, threats for mobile devices are growing worldwide. In particular, the number of mobile threats for Android devices [1] detected and blocked by Kaspersky (www.Kaspersky.co.za) in the Middle East, Turkiye, and Africa (META) region increased by 5% in Q2 2023…

Kaspersky

  • Multimedia content

  • Images (2)
    • Emad Haffar, Head of technical experts at Kaspersky
    • Kaspersky Digital payments infographic, Nigeria
  • All (2)
Source: Kaspersky |

37% of users in Nigeria lost money from an incident involving digital payments

The majority of users (97%) lost up to USD $1,000 equivalent as a result of these incidents, while 3% of the respondents reported a loss of more than USD $1,000 equivalent

According to the Kaspersky (www.Kaspersky.co.za) Digital Payment survey, 37% of respondents from Nigeria experienced financial losses associated with threats when using online banking and mobile wallet services. The majority of users (97%) lost up to USD $1,000 equivalent as a result of these incidents, while 3% of the respondents reported a…

Kaspersky
Source: Kaspersky |

Financial phishing cyberattacks significantly increase in Kenya and Nigeria in Q2 of 2022

Complex cyberattacks should make fraud prevention a focal point to control fraud transactions, eventually reduce fraud risk in the future and avoid reputation damage

According to Kaspersky’s Financial Cyberthreats report (https://bit.ly/3BOaiey), attacks in the financial sector are becoming increasingly corporate-oriented and shifting away from consumers. Kaspersky (www.Kaspersky.co.za) Security Network data shows that the number of financial phishing attempts in the African regions increased significantly from Q1 to Q2 of 2022. Banks, payment systems, and e-commerce websites were…

Kaspersky

  • Multimedia content

  • Images (1)
    • Bethwel Opil, Enterprise Sales Manager at Kaspersky in Africa
  • All (1)
Source: Kaspersky |

More than half of users in Nigeria faced phishing scams when using digital payments

98% think that banks and payment companies should educate users more about the threats online

According to the Kaspersky (www.Kaspersky.co.za) Digital Payment survey, 61% of respondents from Nigeria faced phishing scams when using online banking or mobile wallet services. 67% have personally encountered fake websites, and a staggering 82% experienced scams (via texts or calls) using social engineering. When asked about awareness of threats against…

Kaspersky

  • Multimedia content

  • Images (1)
    • Bethwel Opil, Enterprise Sales Manager at Kaspersky in Africa
  • All (1)
Source: Kaspersky |

29% of corporate users in Kenya experienced financial malware attacks in the first half of 2021

Simply put, organisations in Kenya have become susceptible to financial malware as more employees work outside the relative safety of the corporate network

Although Kaspersky’s (https://africa.Kaspersky.com) research shows that the overall number of financial malware attacks in Kenya has decreased in the first half of 2021, when compared to the same period in 2020, 29.3% of the 7 962 attacks recorded in the country targeted corporate users, which is a cause for concern,…

Kaspersky
Source: Kaspersky |

With 1 billion registered mobile money accounts, Kaspersky stresses the importance of keeping your mobile wallet safe

By 2019 there were 481 million registered mobile money accounts in Africa, making up 46% of global accounts

With more than $1.9 billion processed daily and over one billion registered accounts globally, mobile money (https://bit.ly/3jQBn7F) is a massive industry. With strong growth coming from Africa, many analysts consider the region to be the epicentre of the global market. PayPal’s recent announcement that it will expand its Xoom money…

Kaspersky
Source: Kaspersky |

Over a third of banking malware attacks in 2019 targeted corporate users

Banking Trojans or ‘bankers’ are one of the most widespread tools for cybercriminals as they focus on stealing money

In 2019, 773,943 users of Kaspersky (www.Kaspersky.co.za) solutions globally were attacked by banking Trojans. Of those users, a third (35.1%) were in the corporate sector. African countries were affected too: almost every hundredth user (varying from 0,9 to 1%) in South Africa, Ethiopia, Nigeria and Kenya was attacked by banking…

Kaspersky
Source: Kaspersky |

Silence before the storm: Russian speaking hacking group is attacking banks in Sub-Saharan Africa

The malware used in the attacks indicates that the threat actors are most likely to be an infamous Silence hacking group

Kaspersky (www.Kaspersky.co.za) security researchers have reported on thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region. The malware used in the attacks indicates that the threat actors are most likely to be an infamous Silence hacking group, previously known to be responsible for the…

Kaspersky
Source: Kaspersky |

Growth in Fintech Drives Growth in Cyberattacks

Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have grown to 491 from 301 in 2017, with $132.8 million raised in 2018

Africa’s Fintech sector is booming! According to reports (http://bit.ly/2kqyD6q), Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have grown to 491 from 301 in 2017, with $132.8 million raised in 2018, making last year the sector’s best year yet - and proving…

Kaspersky
Source: Kaspersky |

SIM swap fraud: A New Wave of Attacks Targeting Financial Services and online services in Africa

In South Africa this type of fraud more than double in the last year, according a report of South African Banking Risk Information Centre (SABRIC)

During Kaspersky Lab’s (www.Kaspersky.co.za) annual Cyber Security Weekend that took place in Cape Town, South Africa, Kaspersky Lab experts discussed the wide spread growth of mobile payments across the globe and the many cyber risks that surround such technology. Especially the recent SIM swap fraud wave, which have become very…