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Oceanic Bank Inks SAP Business Suite to Phase out Manual System

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 SAP Africa has completed one of its largest ERP implementations in Nigeria following the completion of the Greenfields rollout at Oceanic Bank, one of the country’s largest financial institutions. The project is the first by an indigenous bank to settle on SAP as its primary business management solution.
The implementation centered on SAP Business Suite, which enables the bank to continue using its core banking solution that integrates seamlessly and swiftly with the ERP back-end functionality and management tools. Oceanic Bank bought a 4216-user license to be deployed across its 400 branches.
“Oceanic Bank is a premier customer for SAP Africa and Serve Consulting, a key SAP partner in Nigeria and we are extremely proud to have concluded this deal and implementation,” said Ayokanmi Ayuba, alliance and channel manager WA for SAP Nigeria. “One of the major reasons for looking for an ERP solution was to jettison their manual processes, and thereby improve efficiencies across the board. They now have full visibility at board and management level and can see what is going on in the bank on a day-to-day basis.”
Ayuba says the bank is now in a far stronger position to drive efficiencies and performance, both operationally and financially, thanks to the control that SAP brings to managers’ desktops.
This is made possible due to the breadth of services delivered under SAP Business Suite, which includes Financial Accounting, Management Accounting, Budgetary Controls, Supply Chain Management modules, as well as Materials Management and HR, including Payroll and Employee and Manager Self-service tools.
Cornel Ononeze, head of the SAP Competency Center at Oceanic Bank International PLC said, “The bank’s investment in the SAP implementation has begun to pay dividends since going live with the initial modules. The decommissioning of seven legacy applications has also resulted in savings on multiple licensing, individual support infrastructure, multiple support personnel and maintenance of several interfaces in the bank. The overall benefit is a reduction in operating costs.
“The SAP system has given our bank greater process transparency as the status of all transactions can be tracked online in real time through appropriate workflows and authorizations without recourse to very expensive follow-ups via telephone, fax or other channels. Today all policies relating to expense controls and budgets are effectively deployed and monitored on SAP without leakages bank–wide, thus providing the bank with reliable consumption data for decision making.”
Ononeze went on to add that SAP ERP has given the bank the capability to evaluate work load across the various departments for objective assessment of resource allocation bank-wide. This implementation has equally facilitated the reduction and redeployment of personnel in several departments without adversely affecting service delivery.
“Clearly, the SAP platform is a key facilitator of our current reengineering efforts aimed at inculcating best practices on all processes, transparency, good corporate governance and   compliance with all international and regulatory requirements,” said Ononeze. “Above all, the skills for first line support have also been transferred to a dedicated Competence Center, thus effectively reducing the need for constant consulting interventions as all new business requirements have been implemented by the team since the initial go-live.”
The project planning and implementation was completed by one of SAP Africa’s leading partners in the region, SERVE Consulting.
Adeola Adejuyigbe, company’s Managing Director, said the project had its own unique challenges, particularly as it was a brand new implementation that required a definitive mind-set change from the bank and its executives.
“The quality of data that we had to migrate to SAP Business Suite was particularly troublesome, but we eventually overcame these challenges to complete the project,” he says. “Change management and user acceptance, as with all such implementations, was critical to the success and we have made steady headway in guiding the bank and its staff through this process.”
Benefits to the bank include the improved visibility, but also significantly tighter control of budgets and spending across all of its operations, he says. Adejuyigbe said there is a great sense of achievement in concluding a Greenfields project of this magnitude, with the team comprising up to 40 members at its peak.
While Oceanic Bank is becoming accustomed to the new system, it is already exploring additional modules and functionality – such as Business Intelligence – which it may implement later this year.
Ayuba says the project demonstrates SAP’s capabilities in the region, which is central to the company’s drive to establish sustainable and long-lasting partnerships on the continent.

 


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Kaspersky Reports 15% Growth in Malicious email Attacks in 2025

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According to Kaspersky telemetry, almost every second email – 44.99% of global traffic – was spam in 2025. Spam consists not only of unsolicited emails, but can also include various email threats such as scam, phishing and malware.

In 2025, individuals and corporate users encountered over 144 million malicious and potentially unwanted email attachments, representing a 15% increase compared to the previous year figures.

In 2025, APAC had the largest share of email antivirus detections: it reached 30%, followed by Europe with 21%. Next came Latin America (16%) and the Middle East (15%), Russia and CIS (12%) and Africa (6%). As for individual countries, China had the highest rate of malicious and potentially unwanted email attachments, with the share of email antivirus detections of 14%. Russia ranked second (11%), followed by Mexico (8%), Spain (8%) and Turkey (5%).

Email antivirus detections peaked moderately in June, July and November.

Key trends in email spam and phishing

Kaspersky’s annual analysis has also identified several persistent trends in the email spam and phishing threat landscape that are expected to continue into 2026:

  • Combination of various communication channels. Attackers lure email users into switching to messengers or calling fraudulent phone numbers. For instance, scam investment mailings may redirect victims to fake websites, where they are asked to provide their contact information, and then cybercriminals will follow up with a phone call.
  • Usage of diverse evasion techniques in phishing and malicious emails. Threat actors frequently try to disguise phishing URLs, for example, with the help of link protection services and QR codes. These QR codes are often embedded directly in email bodies or within PDF attachments, which not only conceals phishing links but also encourages users to scan them on mobile devices, potentially exploiting weaker security measures than corporate PCs.
  • Mailings exploiting diverse legitimate platforms. For example, Kaspersky experts discovered a fraudulent tactic that abuses OpenAI’s organisation creation and team invitation features to send spam emails from legitimate OpenAI addresses, potentially tricking users into clicking scam links or dialing fraudulent phone numbers. Additionally, a calendar-based phishing scheme, which originated in the late 2010s, resurfaced last year with a focus on corporate users.
  • Refining tactics in business email compromise (BEC) attacks. In 2025 attackers attempted to become even more persuasive by incorporating fake forwarded emails into their correspondence. These emails lacked thread-index headers or other headers, making it difficult to verify their legitimacy within an email conversation. 

“Email phishing shouldn’t be underestimated. Our report reveals that one in ten business attacks starts with phishing, with a significant proportion being Advanced Persistent Threats (APTs). In 2025, we saw an increase in the sophistication of targeted email attacks. Even the smallest details are meticulously crafted in these malicious campaigns, including the composition of sender addresses and the tailoring of content to real corporate events and processes.

“The commodification of generative AI has significantly amplified this threat, enabling attackers to craft convincing, personalised phishing messages at scale with minimal effort, automatically adapting tone, language and context to specific targets,” comments Roman Dedenok, anti-spam expert at Kaspersky.

 


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Cybersafe Foundation Partners Google to Strengthen Cybersecurity Among CCIs in Africa

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The Cybersafe Foundation has collaborated with Google in strengthening cybersecurity resilience among Critical Community Institutions across Nigeria, Kenya, Ghana and South Africa with the launch of Resilio Africa.

 

Speaking at the event in Lagos, Confidence Staveley, Executive Director of the Cybersafe Foundation, noted that while many organizations recognize the risks posed by cyber threats, conversations often stall when it comes to implementation.

“Across Africa, Critical Community Institutions are facing an increase in cyberattacks often without the capacity to defend themselves. Sub-Saharan Africa is now experiencing some of the most aggressive cyber activity globally. According to a threat report by Kaspersky, the region recorded over 42 million web attacks and 95 million malware-based, on-device attacks in just the first half of 2025.

“What’s especially concerning is the nature of these attacks: spyware, password stealers, and backdoor tools dominate, with password-stealing malware increasing by more than 60%.

“In East Africa, the scale is even more stark. Kenya alone recorded 2.5 billion cyber-threat events in Q1 2025, driven largely by phishing, mobile money fraud, and misconfigured cloud services,” she stated.

According to her, the primary barrier is not a lack of willingness but limited financial capacity to fund adequate cybersecurity measures.

“The conversation drops off at the point of taking action,” she said, explaining that many institutions lack the budgets required to implement robust security systems.

She disclosed that the programme’s provision of 10,000 hours of expert cybersecurity consultation—offered at no cost to participating institutions would ordinarily represent services valued at over one million dollars. The support, funded through a grant from Google.org, will be delivered by specialists across four participating countries.

Staveley reaffirmed that the Cybersafe Foundation remains a non-profit organization focused on supporting vulnerable communities and institutions, and described Resilio Africa as a strategic intervention aimed at strengthening digital trust across the continent, ensuring that commerce and essential public services can operate securely in an increasingly digital society.

Although the programme currently covers Nigeria, Kenya, Ghana and South Africa, Staveley acknowledged that the cybersecurity challenges extend far beyond those countries, and expressed hope that demonstrated impact from the initial phase would attract additional funding to scale the initiative to more than the 200 critical community institutions currently targeted, including underserved Francophone nations.

“This work is free to the organizations we serve, but it is not free to deliver,” she noted, underscoring the need for sustainable funding.

Explaining her personal motivation, Staveley said she views Africa’s cybersecurity challenges as opportunities for impact. Despite her engagements on global platforms, she emphasized her commitment to Nigeria and the broader African continent, describing the region as both home and a priority.

She pointed to a growing mismatch between rising cyber threats and limited investment in cybersecurity infrastructure, arguing that bridging this gap is central to the Foundation’s mission.

Staveley also clarified that Resilio Africa will not collect or own user data from participating institutions. Instead, the programme will focus on strengthening internal controls, building capacity and guiding organizations toward improved data protection practices.

With Resilio Africa now underway, the Cybersafe Foundation aims to demonstrate how targeted support for critical community institutions can enhance digital security and build long-term resilience across Africa’s rapidly expanding digital economy.


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Kaspersky Brings more Transparency to Threat Detection with New Hunt Hub

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Kaspersky has announced a major update to its Threat Intelligence Portal (TIP), introducing a new Hunt Hub section alongside an enhanced MITRE ATT&CK coverage map and a significantly expanded vulnerabilities database.

The update strengthens organisations’ ability to investigate threats, understand adversary behaviour, and proactively monitor the most relevant risks across their environments.

According to the Kaspersky Security Bulletin 2025 report, Kaspersky’s detection systems discovered an average of 500,000 malicious files per day in 2025, marking a 7% increase compared to the previous year. As cyberattacks become more sophisticated and frequent, security teams need more than alerts – they need clarity.

The newly launched Hunt Hub is designed to address growing market demand for greater transparency and deeper insight into how modern detection technologies work. Integrated into the Threat Landscape section of the Threat Intelligence Portal, Hunt Hub provides centralised access to Kaspersky’s threat hunting expertise and detection knowledge.

Hunt Hub includes Kaspersky Next EDR Expert hunts, also known as indicators of attack (IoA) or detection rules. All portal users can explore the catalogue of hunts and their descriptions, while Kaspersky Next EDR Expert customers gain extended access to detailed recommendations and detection logic presented in a convenient, SIGMA-like format. Each hunt is mapped to relevant MITRE ATT&CK tactics and techniques and linked to known threat actors, giving analysts clear context behind every detection.

By making detection logic visible and structured, Hunt Hub effectively removes the “black box” from threat detection. It allows security teams not only to respond to alerts, but also to understand why a detection was triggered and which threat it is designed to uncover – improving trust in security technologies and increasing the efficiency of threat investigation processes.

As part of the update, the MITRE ATT&CK coverage map within the Threat Landscape has been significantly enhanced. The portal now brings together product coverage across SIEM, EDR, NDR and Sandbox solutions, MITRE ATT&CK techniques with scoring, coverage percentages, and related Kaspersky Next EDR Expert hunts in a single, unified view. This enables organisations to assess how well their security stack covers relevant attack techniques and identify potential gaps in protection.

The Vulnerabilities section has also been expanded, with the CVE database now covering nearly 300,000 vulnerabilities. In addition, the portal provides more detailed information on vulnerabilities that have been exploited in real-world attacks, helping organisations prioritise remediation efforts based on actual threat activity.

“With the launch of Hunt Hub in the Kaspersky Threat Intelligence Portal, we are opening up our detection expertise and giving analysts clear visibility into how and why threats are detected. This transparency helps organisations move from reactive alert handling to informed threat hunting and proactive risk management,” comments Nikita Nazarov, Head of Threat Exploration at Kaspersky.

 


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