HomeCyber BalkansSurge in Spyware and Password Theft in Africa

Surge in Spyware and Password Theft in Africa

Published on

spot_img

The surge in spyware attacks targeting businesses in Africa from 2023 to 2024 has raised concerns among cybersecurity experts, with Kaspersky reporting a 14% increase in such incidents. This rise in spyware incidents has been accompanied by a 26% increase in password-stealing malware detections, indicating a growing threat landscape in the region.

Maher Yamout, Kaspersky’s lead cybersecurity researcher, attributed the spike in cyberattacks to several factors, including the adoption of hybrid work models and rapid digitalization in the B2B sector. The lack of sufficient cybersecurity investments in some African businesses has also left them vulnerable to advanced threats. Additionally, the expansion of digital financial services, combined with low digital literacy rates in the B2C sector, has made individuals prime targets for cybercriminals.

In 2024, Kaspersky detected a total of 131.6 million web threats in Africa, with notable attack attempts in countries like Kenya, South Africa, and Morocco. Phishing and ransomware were identified as the most common threats, with over 66 million phishing link clicks recorded in the region. Corporate users were targeted in more than 14.8 million phishing attempts. Moreover, local on-device threats, such as malware spread through USB drives and encrypted files, saw a 4% increase, impacting countries like Nigeria, Ethiopia, South Africa, Senegal, and Morocco.

To address these escalating cyber threats, Yamout stressed the importance of collaboration, investment in specialized cybersecurity training, and enhancing digital literacy levels. He highlighted the significance of initiatives like the African Cyber Surge operation, aimed at bolstering the continent’s digital resilience. By laying a strong foundation for a secure digital ecosystem in Africa, these efforts could help safeguard businesses and individuals against future cyber threats.

The increasing sophistication of cyberattacks in Africa underscores the urgent need for proactive measures to combat cybercrime effectively. With cyber threats evolving rapidly, it is crucial for businesses, governments, and individuals to prioritize cybersecurity measures and stay updated on the latest trends in digital security. By investing in robust cybersecurity infrastructure and fostering a culture of cyber awareness, Africa can enhance its defenses against cyber threats and build a more secure digital environment for all stakeholders.

Source link

Latest articles

IMF Warns AI Has Increased Cyber Risk to Financial Stability

Agentic AI, Artificial Intelligence & Machine Learning, ...

Gentlemen RaaS Targets Fortinet and Cisco Edge Devices for Initial Access

The Rise of The Gentlemen Ransomware-as-a-Service: An In-Depth Analysis The Gentlemen ransomware-as-a-service (RaaS) operation has...

Global Cyber Agencies Release New SBOMs for AI Guidance

Government Cyber Agencies Release Guidance on Software Bills of Materials for AI In a significant...

Palo Alto Invests in Identity Security for Autonomous AI with Idira Launch

Palo Alto Networks Redefines Identity Security in the AI Era In the realm of cybersecurity,...

More like this

IMF Warns AI Has Increased Cyber Risk to Financial Stability

Agentic AI, Artificial Intelligence & Machine Learning, ...

Gentlemen RaaS Targets Fortinet and Cisco Edge Devices for Initial Access

The Rise of The Gentlemen Ransomware-as-a-Service: An In-Depth Analysis The Gentlemen ransomware-as-a-service (RaaS) operation has...

Global Cyber Agencies Release New SBOMs for AI Guidance

Government Cyber Agencies Release Guidance on Software Bills of Materials for AI In a significant...