E-Business
Nigerian Hackers Steal $3Bn Worldwide- Reports

Nigerian hackers and cyber criminals are being accused of masterminding a grand theft of information and money running into billions of dollars, worldwide.
According to experts, the Nigerians are able to carry out the heist by sending phishing emails to commercial organizations and industrial enterprises, which they later steal dry.
The FBI estimates that these phishing attacks have cost companies over $3 billion.
The number of affected companies exceeds 22,143. Kaspersky Labs, an internet security company said it has found over 500 companies that are under attack in at least 50 countries.
Those under attack are mostly industrial enterprises and large transportation and logistics corporations, based in Germany, UAE, Russia and India.
In a blog post, Kaspersky said the cyber-criminals managed to steal technical drawings, floor plans and diagrams showing the structure of electrical and information networks.
Researchers said that all indications are that these were business email compromise (BEC) attacks that have come to be associated with Nigerian cyber-criminals. Emails received by victims looked authentic enough to fool people.
Some had attachments with names such as “Energy & Industrial Solutions W.L.L_pdf”, “Woodeck Specifications best Prices Quote.uue” and “Saudi Aramco Quotation Request for October 2016”.
These are well crafted emails that look legitimate and are crafted to make the victim open the malicious attachment.
The emails ask the recipients to check information as soon as possible, clarify product pricing or receive goods specified in the delivery note attached. The malicious attachments contain RTF files with an exploit for the CVE-2015-1641 vulnerability.
They may also contain archives of different formats containing malicious executable files or macros and OLE objects designed to download malicious executable files. Kaspersky discovered that the malicious files are intended to steal confidential data and install stealthy remote administration tools on infected systems.
Using Whois services, Kaspersky found that the domains used to host the malware were registered to residents of Nigeria.
Once in, the hackers compromise a legitimate email and change the banking account details. The malware used in these attacks belonged to families that are popular among cyber-criminals, such as ZeuS, Pony/FareIT, LokiBot, Luminosity RAT, NetWire RAT, HawkEye, ISR Stealer and iSpy keylogger.
”The phishers selected a toolset that included the functionality they needed, choosing from malware available on cyber-criminal forums. At the same time, the malware was packed using VB and .NET packers – a distinct feature of this campaign. To evade detection by security tools, the malicious files were regularly repacked using new modifications of the same packers,” said the researchers.
At least eight different Trojan-Spy and Backdoor families were used in the attacks. Further research found that the domain names of some of the malware command-and-control servers used by the attackers mimicked domain names used by industrial companies – “more proof that the attacks were primarily targeting industrial companies,” said researchers.
They added that most domains used for malware C&C servers were registered to residents of Nigeria. Researchers warned that it would be very dangerous if, because of an infection, cyber-criminals were able to gain access to computers that are part of an industrial control system (ICS).
“In such cases, they can gain remote access to the ICS and unauthorised control over industrial processes,” said researchers. Owen Connolly, vice president services (EMEA) at IOActive, told SC Media UK that this attack is not actually targeting industrial control systems or operational technology.
“It’s just targeting users that work for large companies. The fact that those companies may also have OT systems could just be coincidence, not correlation,” he said. Mark James, security specialist at ESET, told SC Media UK that scammers are opportunistic.
They understand they need to adapt and will change their tactics to get the best result. “With the 419 scams being so synonymous with the public, the scope for business users being victims is massive. We also need to consider the scope for larger, single successful attacks reaping the benefits much quicker than the smaller, and often much harder, sells through the public,” he said. Javvad Malik, security advocate at AlienVault, told SC that organisations dealing with industrial control systems may not be as savvy to scams as financial services, so it could be that the success rate of targeted emails is higher.
“Allowing criminals to make quick money. On the other hand, it could allow criminals to implant malware on industrial control systems, or at least on systems that support the ICS. This can then be allowed for further nefarious purposes such as deploying ransomware – or selling on the access to other criminals or ever nation states,” he said
E-Business
Study Reveals Majority of IT Professionals Show Openness to Cyber Immunity

The cybersecurity landscape is evolving rapidly, with organisations seeking more robust ways to protect their digital assets. A recent global study conducted by Kaspersky reveals a growing shift toward proactive security strategies, particularly the adoption of Secure by Design development and Cyber Immunity – an innovative approach that embeds resilience directly into system architecture.

The study highlights that 90% of cybersecurity professionals surveyed in the Middle East, Turkiye and Africa (META) region are familiar with Secure by Design development. This methodology integrates security into the very fabric of a system from its inception, rather than treating it as an afterthought.
Such an approach is already employed in high-stakes industries like aerospace, where security cannot be bolted on later – it must be intrinsic. Despite its advantages, however, adoption has been slow due to challenges related to standardisation and cost.
Cyber Immunity is the next frontier in cybersecurity
Building on Secure by Design principles, Cyber Immunity takes cybersecurity a step further by creating systems that inherently resist attacks without the need for constant patching or additional security layers. The study reveals that most experts are familiar with Cyber Immunity but interpret it differently.
When asked what they associate with the term, 64% of respondents in the META region linked it to Secure by Design systems that remain resilient under attack, while 56% viewed it as a combination of technology and policy measures that block cybercriminal access. Another 48% connected it to highly skilled cybersecurity teams, indicating that while awareness is high, a unified understanding is still developing.
The growing demand for proactive security
One of the most striking findings is the optimism surrounding inherently secure systems. Over half of respondents in the META region (63%) believe it is already possible or definitely achievable to design systems capable of withstanding cyberattacks without relying on additional security solutions.
Another 32% think it might be possible, reflecting openness to this idea despite some uncertainty. This shift in mindset aligns with a broader industry trend: traditional reactive security measures are no longer sufficient.
With AI-powered threats and increasingly sophisticated attacks, organisations need solutions that do more than just detect breaches—they must prevent them by design.
Integrating Cyber Immunity into security strategies
The study emphasises that resilience, expertise, and flexibility will define the next generation of cybersecurity. While Secure by Design provides the methodology, Cyber Immunity represents the ultimate goal—systems so robust that they minimise reliance on external defences.
“For companies looking ahead, Cyber Immunity offers more than just protection — it brings clear business benefits. When systems are built to be secure from the ground up, there’s less need for constant updates, patches, and extra security tools. That means fewer costs, less strain on IT teams, and stronger, more reliable protection over time,” said Dmitry Lukiyan, Head of KasperskyOS Business Unit.
Most importantly in today’s threat landscape, Cyber Immunity offers robust protection against next-generation challenges — including AI-driven attacks capable of outmaneuvering traditional security measures.
When security becomes an intrinsic property of system architecture rather than an external addition, businesses gain more than just protection—they secure a competitive market advantage.
This proactive approach future-proofs critical infrastructure, enabling organisations to operate confidently even as threats evolve. It transforms cybersecurity from a defensive necessity into a strategic differentiator that accelerates digital transformation while mitigating risk.
As the cybersecurity environment becomes more complex, Cyber Immunity is emerging as a vital strategy. Organisations that adopt it now will not only enhance their protection but also position themselves ahead of the curve in an increasingly volatile digital world.
E-Business
Konga launches Jara sales with 25% discount on Starlink kits, free delivery

Konga, Nigeria’s leading composite e-commerce platform, has launched its inaugural 2026 shopping campaign, Konga Jara, offering 25 per cent discount on Starlink internet kits alongside free nationwide delivery.

Konga
The campaign, drawing from the Nigerian concept of “jara” — the extra value traders add to purchases — aims to deliver exceptional deals across categories, helping shoppers turn new year aspirations into reality through affordable technology and value-driven shopping.
To qualify for the Starlink discount, customers must purchase kits on Konga.com, activate them at starlink.com/activate, and email activation details to [email protected] for verification against Starlink’s records. Discounts are subject to terms and conditions.
Konga said spotlighting Starlink underscores reliable internet’s role in Nigeria’s digital economy, supporting work, learning, entrepreneurship and communication for households and businesses.
Mr Onochie Melvin, Head of Commercial Planning at Konga, said: “We listened carefully to what Nigerians said they needed to truly kickstart 2026 on the right footing. Reliable internet connectivity emerged as the foundation upon which other aspirations depend.”
He added: “Students need it for online learning, entrepreneurs need it to scale digital businesses, and professionals rely on it for remote work. This Starlink offer is not just about selling products; it is about removing barriers that prevent Nigerians from fully participating in the digital economy.”
Beyond connectivity, Konga Jara provides genuine products from original equipment manufacturers (OEMs) with transparent pricing, warranties and authenticity guarantees.
As a composite e-commerce ecosystem, Konga integrates shopping, payments and logistics for seamless nationwide access, with exclusive deals shared via its social media channels throughout the campaign.
Shoppers can explore offers at www.konga.com and follow Konga’s official pages for updates across the Konga Group.
E-Business
Firm Identifies Global Scam Activity Linked to the Release of Avatar 3

The premiere of Avatar 3 has taken place in several countries and has been accompanied by a noticeable increase in online interest. Amid the heightened attention surrounding the release, Kaspersky experts identified an increase in cyber-scam campaigns that exploit the movie’s launch and users’ desire to watch it online. The fraudulent websites target users across multiple regions, indicating attempts by attackers to reach a global audience.

The scam operates as follows: cybercriminals create suspicious websites that offer online access to the Avatar 3 movie. Attackers place particular emphasis on localisation, publishing the sites in multiple languages to attract users from different countries. However, the translations are often poorly executed and contain grammatical errors and inconsistencies, which may serve as indicators of fraudulent activity.
When users attempt to start the video, they are presented with a fake media player and prompted to register in order to obtain “full” or “unlimited” access to the film. As part of the registration process, users are asked to provide personal information, including an email address and mobile phone number.
At later stages, scammers may request additional data, including payment details, under the guise of activating a “free trial.” This creates risks of credential compromise, particularly if users reuse passwords across multiple services, and may also lead to financial losses.
“Cybercriminals consistently exploit major movie premieres to capture users’ attention and increase the effectiveness of their schemes. We advise accessing films only through official platforms and exercising caution when encountering websites that request personal or payment information. It is also important to use reliable security solutions to protect all devices, including mobiles,” comments Olga Altukhova, Senior web content analyst at Kaspersky.
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