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Check Point Identifies Most Wanted Malware in May 2022

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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%.

 

  1. ↔ 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.

 

  1. ↔ 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.

 

  1. ↔ 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

 

  1. Communications

 

  1. Government & Military

 

  1. 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%.

 

  1. ↑ 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.

 

  1. ↔ 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.

 

  1. 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.

 

  1. 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.

 

  1. 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.

 

 

 


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E-Business

NDPC Commits to Balancing Data Privacy, Protection Information

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Nigerian Data Protection Commission (NDPC), has expressed its commitment to balance information around data privacy and protection.

NDPC Commits to Balancing Data Privacy, Protection Information

Dr. Vincent Olatunji, national commissioner, NDPC, stated this in Abuja, at the National Data Privacy Summit with the theme, “Privacy in the Era of Emerging Technologies,” organised by the commission.

Olatunji said the NDPC, at the moment, was looking at balancing information around data privacy and protection.

“What we are doing is just to look at how to balance information around privacy and protection, which is really important, because as we are innovating, at the same time, we have to consider issues around privacy and protection,” he stated.

He added that the commission has been very bold in taking risks that would bring about growth.

“Our starting point is growing at a very alarming rate, and we are not afraid of anything. We can take risks. And that is why a lot is happening in Nigeria, and this is the level of clarity,” he explained.

In his address, Dr. Aminu Maida, executive vice chairman (EVC) of the Nigerian Communications Commission (NCC),  stated that Internet of Things holds promise for Nigeria’s economy.

The EVC, who was represented by Abraham Oshadami, executive commissioner, Technical Services (ECTS), noted that, “in an era in which digital assets, Internet of Things, future digital computing and other transformative technologies are key, and both a cornerstone of building trust for the adoption and a prerequisite for sustainable progress.

“Emerging technologies hold immense promise for Nigeria’s grand economy, but they also introduce complex risks to personal and individual rights.

“So, balancing innovation through post-ethical safeguards and public trust is the first step to ensuring that global digital advancement benefits all Nigerians without compromising their privacy or their security,” he added.

“As we just heard from the Nigeria Police, telecom operators have a vast amount of sensitive historical information daily, including connectivity apps and collaboration on privacy, security, and number protection, both to their and their inheritors,” he said.

Dr. Bako Shurkuk, commissioner for Science, Technology and Innovation, Plateau State, who represented Caleb Mutfwang, Governor of Plateau State, said, emerging technologies can be harnessed to attain sustainable growth.

 


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OADC Lagos Reinforces Commitment to Local Data Hosting and Digital Transformation @ NDPC’s National Privacy Week Summit

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Open Access Data Centres (OADC) Lagos has reaffirmed its commitment to Nigeria’s data protection and digital transformation agenda through its sponsorship and active participation in the Nigeria Data Protection Commission’s (NDPC) National Privacy Week Summit.

The National Privacy Week Summit, organised by the NDPC, convened policymakers, regulators, technology providers, and industry stakeholders to promote data privacy awareness, strengthen compliance with the Nigeria Data Protection Act (NDPA), and advance conversations around data security, sovereignty, and responsible data governance.

As a sponsor of the event, OADC Lagos demonstrated its continued support for the Federal Government’s drive toward local data hosting and data domiciliation, which are increasingly critical to safeguarding sensitive information, enhancing regulatory compliance, and building trust in Nigeria’s digital economy.

Through its carrier-neutral, Tier III Design certified data centre in Lekki, Lagos, OADC provides secure, resilient, and compliant infrastructure that enables government institutions and private sector organisations to host and manage data locally while meeting international best practices.

Commenting on the engagement, Adesola Adesugba, Country Marketing Manager, Open Access Data Centres Nigeria, said: “We are proud to have supported the Nigeria Data Protection Commission through the National Privacy Week Summit and to stand alongside the government in advancing Nigeria’s digital transformation objectives.

“Strengthening local data hosting and domiciliation is fundamental to national data sovereignty, improved security, and sustainable digital growth, and OADC Lagos remains committed to enabling this future.”

OADC’s participation at National Privacy Week Summit underscores its role as a trusted digital infrastructure partner to government and enterprise, supporting secure cloud connectivity, regulatory compliance, and the long-term development of Nigeria’s digital ecosystem.

Open Access Data Centres is part of the WIOCC Group and operates open-access, world-class data centres across Africa, serving cloud providers, network operators, enterprises, and public sector institutions.


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Kaspersky Launches OT Calculator to Align Cybersecurity Investments with Business Goals

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Kaspersky’s new online tool has been specially developed for industrial organisations to assess the potential costs associated with insufficient operational technology (OT) security.

By offering detailed financial forecasts, the calculator empowers senior management to make well-informed decisions regarding security investments.

Industrial organisations increasingly depend on interconnected systems, elevating cybersecurity to a critical factor in business resilience and profitability.

According to VDC Research, over 60% of industrial companies last year reported that cybersecurity breaches had led to significant costs. Despite this, a persistent disconnect remains between security teams and executive leadership as security professionals focus on minimising risk, while executives must balance cybersecurity concerns with broader business objectives. This misalignment often results in competing priorities and underfunded security initiatives.

To bridge this gap, Kaspersky has launched the OT Cybersecurity Savings Calculator, an innovative online tool designed specifically for industrial organisations to assess the potential costs of inadequate operational technology (OT) security¹.

The primary aim of this tool is to translate cyber risks into tangible financial metrics and support strategic discussions around priorities and budget allocation. By entering details such as their sector, sub-sector, region, company size, breach history, and existing cybersecurity measures, organisations can estimate their potential cost savings and receive customised, actionable recommendations.

The calculator benchmarks performance against industry peers and highlights the company’s position within the current threat landscape.

“We believe this calculator is a powerful resource for transforming complex cyber risk data into straightforward financial insights. It enables OT leaders, security professionals, and executive teams to develop clear, data-driven business cases and recognise the value of cybersecurity investments. With actionable guidance, it promotes a comprehensive approach to resource management and strengthens overall organisational resilience,” comments Andrey Strelkov, Head of Industrial Cybersecurity Product line at Kaspersky.


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