E-Business
Check Point Identifies Most Wanted Malware in May 2022

Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies Ltd. a provider of cyber security solutions globally, has published its latest Global Threat Index for May 2022. Researchers report that Emotet, an advanced, self-propagating and modular Trojan, is still the most prevalent as a result of multiple widespread campaigns.

This month, Snake Keylogger has jumped into eighth place after a long absence from the index. Snake’s main functionality is to record users keystrokes and transmit collected data to threat actors.
Snake Keylogger is usually spread through emails that include docx or xlsx attachments with malicious macros, however this month researchers reported that SnakeKey Logger has been spread via PDF files.
This could be due in part to Microsoft blocking by default internet macros in Office, meaning cybercriminals have had to become more creative, exploring new file types such as PDFs. This rare way to spread malware is proving to be quite effective as some people perceive PDFs to be inherently safer than other file types.
Emotet, is impacting 8% of organizations worldwide, a slight increase from last month. This malware is an agile malware proving profitable due to its ability to remain undetected. Its persistence also makes it difficult to be removed once a device has been infected, making it the perfect tool in a cybercriminal’s arsenal. Originally a banking trojan, it is often distributed through phishing emails and has the ability to offer other malwares, enhancing its capacity to cause widespread damage.
“As evident with the recent Snake Keylogger campaigns, everything you do online puts you at risk of a cyberattack, and opening a PDF document is no exception,” said Maya Horowitz, VP Research at Check Point Software. “Viruses and malicious executable code can lurk in multimedia content and links, with the malware attack, in this case Snake Keylogger, ready to strike once a user opens the PDF.
“Therefore, just as you would question the legitimacy of a docx or xlsx email attachment, you must practice the same caution with PDFs too. In today’s landscape it has never been more important for organizations to have a robust email security solution that quarantines and inspects attachments, preventing any malicious files from entering the network in the first place.”
CPR also revealed that “Web Servers Malicious URL Directory Traversal” is the most commonly exploited vulnerability, impacting 46% of organizations worldwide, closely followed by “Apache Log4j Remote Code Execution” which has a global impact of 46%.
“Web Server Exposed Git Repository Information Disclosure” is in third place with a global impact of 45%. The Education & Research sector continues to be the most targeted industry by cybercriminals globally.
Top Malware Families
*The arrows relate to the change in rank compared to the previous month.
This month, Emotet is still the most popular malware with a global impact of 8%, followed by Formbook with an impact of 2% and AgentTesla impacting 2% of organizations worldwide.
This month in Nigeria, Ramnit is the most popular malware impacting 11.39% of organizations in the country, followed by Phorpiex at 7.59% and Formbook at 5.06%.
- ↔ Ramnit – Ramnit is a modular banking Trojan first discovered in 2010. Ramnit steals web session information, giving its operators the ability to steal account credentials for all services used by the victim, including bank accounts, and corporate and social networks accounts. The Trojan uses both hardcoded domains as well as domains generated by a DGA (Domain Generation Algorithm) to contact the C&C server and download additional modules.
- ↔ Phorpiex – Phorpiex is a botnet (aka Trik) that has been active since 2010 and at its peak controlled more than a million infected hosts. It is known for distributing other malware families via spam campaigns as well as fueling large-scale spam and sextortion campaigns.
- ↔ Formbook – FormBook is an Infostealer targeting the Windows OS and was first detected in 2016. It is marketed as Malware as a Service (MaaS) in underground hacking forums for its strong evasion techniques and relatively low price. FormBook harvests credentials from various web browsers, collects screenshots, monitors and logs keystrokes, and can download and execute files according to orders from its C&C.
The complete list of the top ten malware families in May can be found on the Check Point blog.
Top Attacked Industries Globally
In Africa, this month Communications is the most attacked industry, followed by Government/Military and Retail/Wholesale
- Communications
- Government & Military
- Retail/Wholesale
Top Exploited Vulnerabilities
This month, “Web Servers Malicious URL Directory Traversal” is the most commonly exploited vulnerability, impacting 46% of organizations worldwide, closely followed by “Apache Log4j Remote Code Execution” which has a global impact of 46%. “Web Server Exposed Git Repository Information Disclosure” is in third place with a global impact of 45%.
- ↑ Web Servers Malicious URL Directory Traversal (CVE-2010-4598, CVE-2011-2474, CVE-2014-0130, CVE-2014-0780, CVE-2015-0666, CVE-2015-4068, CVE-2015-7254, CVE-2016-4523, CVE-2016-8530, CVE-2017-11512, CVE-2018-3948, CVE-2018-3949, CVE-2019-18952, CVE-2020-5410, CVE-2020-8260)- There exists a directory traversal vulnerability on different web servers.
The vulnerability is due to an input validation error in a web server that does not properly sanitize the URI for the directory traversal patterns. Successful exploitation allows unauthenticated remote attackers to disclose or access arbitrary files on the vulnerable server.
- ↔ 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.
3.↓ Web Server Exposed Git Repository Information Disclosure- An information disclosure vulnerability has been reported in Git Repository. Successful exploitation of this vulnerability could allow an unintentional disclosure of account information.
Top Mobile Malwares
This month AlienBot is the most prevalent Mobile malware, followed by FluBot and xHelper.
- AlienBot – AlienBot malware family is a Malware-as-a-Service (MaaS) for Android devices that allows a remote attacker, as a first step, to inject malicious code into legitimate financial applications. The attacker obtains access to victims’ accounts, and eventually completely controls their device.
- FluBot – FluBot is an Android malware distributed via phishing SMS messages (Smishing), most often impersonating logistics delivery brands. Once the user clicks the link inside the message, they are redirected to the download of a fake application containing FluBot. Once installed the malware has various capabilities to harvest credentials and support the Smishing operation itself, including uploading of the contacts list as well as sending SMS messages to other phone numbers.
- xHelper – A malicious application seen in the wild since March 2019, used for downloading other malicious apps and display advertisements. The application is capable of hiding itself from the user and reinstalling itself in the case that it was uninstalled.
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 & Research Arm of Check Point Software Technologies.
E-Business
Oracle Sacks 12,000 in India, Begins Shift to AI

Oracle, US-based technology giant, has initiated a sweeping round of layoffs affecting thousands of employees globally, with India among the worst-hit regions, according to multiple reports.

The job cuts, which began on March 31, are part of a broader restructuring exercise that could impact between 20,000 and 30,000 employees worldwide, making it one of the largest workforce reductions in the company’s history.
While the exact number remains unconfirmed, multiple reports suggest that around 12,000 employees in India have been affected,
Employees across several geographies, including India, the United States, Canada, and Mexico, reported receiving termination emails early in the morning, informing them that their roles had been eliminated with immediate effect.
“Today is your last working day,” the email stated, citing “organisational change” as the reason for the decision. Access to company systems, including email and internal platforms, was revoked shortly thereafter.
The communication, according to Business Insider, described the move as part of a broader “reduction in force and other terminations,” and said affected employees would be eligible for severance benefits subject to company policy.
The email also instructed employees to share personal contact details to receive separation documents.
In India, impacted employees have reportedly been offered severance packages that include 15 days’ salary for each completed year of service, notice period pay, leave encashment, gratuity where applicable, and an additional two-month salary top-up in cases of voluntary separation.
The layoffs are linked to Oracle’s strategic shift towards artificial intelligence (AI) and cloud infrastructure.
The company has announced plans to invest approximately USD 50 billion in AI infrastructure and has reportedly raised an equivalent amount in debt to fund its expansion.
In a recent regulatory filing, Oracle said it expects restructuring costs for fiscal 2026 to reach up to USD 2.1 billion, largely driven by severance payouts and related expenses.
The move comes as Oracle looks to strengthen its position against global cloud competitors such as Amazon and Alphabet.
Uncertainty continues to loom over employees, with reports indicating that another round of layoffs could follow in the coming weeks. Employees who were affected described the layoffs as abrupt, with little prior indication.
Some former staff members have taken to social media to share their experiences.
Tricia S Marsh, a former Senior Principal at Oracle, said the layoffs marked the end of an important chapter in her career while urging affected colleagues to remain hopeful.
As of May 2025, Oracle had around 162,000 full-time employees globally.
E-Business
Cybersecurity Firm Uncovers CrystalX RAT which Steals Data, Mocks its Victims

Kaspersky Global Research & Analysis Team (GReAT) has uncovered an active malicious campaign distributing a previously undocumented RAT with a very broad feature set. Beyond the standard remote access trojan functionality, it combines stealer, keylogger, clipper, and spyware capabilities.

Cybercriminals are selling it to third parties as MaaS (malware-as-a-service) promoting it on YouTube and Telegram, increasing the likelihood of its use across a wider range of actors, including less-skilled operators.
Due to its stealer functionality, the malware can collect a wide range of data about its victim: it gathers system information, extracts credentials for Steam, Discord and Telegram, and also harvests data from web browsers. It also poses a threat to cryptocurrency users, as it includes a browser-based clipper that replaces crypto wallet addresses.
Beyond data theft, CrystalX RAT is capable of full-scale surveillance, with the ability to take screenshots, record audio from the microphone, and capture video from both the webcam and the victim’s screen.
Particularly notable is the CrystalX RAT “playful” Prankware feature set, which is actively promoted by the developers. These capabilities allow operators to visibly interfere with the victim’s system by shaking the mouse cursor, setting wallpapers on the victim’s screen, changing screen orientation, hiding desktop icons, forcing system shut downs, and even delivering real-time pop-up notifications and messages to the victim.
While seemingly trivial, these features introduce a disruptive and psychological dimension to the attack, making the attack both visible and distressing for the victim.
Kaspersky reports attacks targeting users in Russia, but the trojan has the potential to spread to other countries due to its sales and distribution model.
“Such a diverse feature set effectively enables a 360-degree compromise of the victim and a complete loss of privacy. Beyond gaining access to account credentials, the stolen data could potentially be used for blackmail.
“At the moment, the initial infection vector is not precisely known, but it is already affecting dozens of victims. Our telemetry is already detecting new versions of the implants, indicating that this malware is still actively developed and maintained.
“We expect the number of victims to grow significantly and its geographic spread to expand in the near future,” says Leonid Bezvershenko, senior security researcher at Kaspersky GReAT.
E-Business
Kaspersky Warns of a New Phishing Technique Leveraging Bubble, a no-code AI Platform

Kaspersky has discovered a new phishing tactic used to evade traditional security controls that exploits Bubble, a platform that allows users to build web and mobile applications through a visual interface without writing code.

Attackers are increasingly adopting innovative tools designed for legitimate software development and repurposing them to boost phishing campaigns.
Traditional phishing attacks often rely on malicious links or obvious redirection techniques, which are typically flagged and blocked by modern security systems.
However, attackers are now leveraging Bubble’s no-code environment to generate intermediary web applications which are hosted on Bubble’s legitimate infrastructure and trusted domains such as *.bubble.io, which improves their credibility and helps them bypass security filters.
These applications function as disguised redirectors, silently forwarding victims to malicious credential-harvesting websites.
In the observed campaign, victims were ultimately redirected to a convincing imitation of a Microsoft login page, protected by a Cloudflare verification layer designed to further obscure malicious intent.
This technique is likely being integrated into broader phishing-as-a-service (PhaaS) platforms and phishing kits. These kits enable a wide range of malicious capabilities with ready-made tools, including real-time interception of session cookies, driving phishing campaigns through legitimate services such as Google Tasks and Google Forms, and carry out adversary-in-the-middle (AiTM) attacks that can bypass multi-factor authentication.
They also support the generation of phishing emails using AI, implement geo-filtering and anti-detection mechanisms to evade security crawlers and are often hosted on reputable cloud services like AWS to avoid blacklisting.
“The use of legitimate platforms like Bubble introduces a new level of trust abuse, making it harder for both users and automated systems to distinguish between safe and malicious content. This significantly increases the likelihood of credential theft, unauthorised access and potential data breaches,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.
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