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Check Point Identifies New Banking, MaliBot Malwares that Poses Danger for Users of Mobile Banking

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Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies, a leading provider of cyber security solutions globally, has published its latest Global Threat Index for June 2022. CPR reports that a new Android banking malware has emerged, named MaliBot, following the takedown of FluBot at the end of May.

Although only just discovered, MaliBot, a banking, has already reached third place in the most prevalent mobile malwares list. It disguises itself as cryptocurrency mining applications under different names and targets users of mobile banking to steal financial information.

Similar to FluBot, MaliBot uses phishing SMS messages (smishing) to lure victims into clicking on a malicious link that redirects them to the download of a fake application containing the malware.

Also this month, the notorious malware, Emotet, is still the most prevalent malware overall. Snake Keylogger comes in third after an increase in activity since appearing in eighth place last month. Snake’s main functionality is to record users keystrokes and transmit collected data to threat actors.

While in May CPR witnessed Snake Keylogger being delivered via PDF files, recently it has been spread through emails containing Word attachments tagged as requests for quotations. Researchers also reported about new variant of Emotet in June that has credit card stealing capabilities and targets Chrome browser users.

“While it’s always good to see law enforcement successful in bringing down cybercrime groups or malwares like FluBot, sadly it didn’t take long for a new mobile malware to take its place,” said Maya Horowitz, VP Research at Check Point Software.

“Cybercriminals are well aware of the central role that mobile devices play in many peoples’ lives and are always adapting and improving their tactics to match. The threat landscape is evolving rapidly, and mobile malware is a significant danger for both personal and enterprise security. It’s never been more important to have a robust mobile threat prevention solution in place.”

CPR also revealed that “Apache Log4j Remote Code Execution” is the most commonly exploited vulnerability, impacting 43% of organizations worldwide, closely followed by “Web Server Exposed Git Repository Information Disclosure” which has a global impact of 42.3%. “Web Servers Malicious URL Directory Traversal” is in third place with a global impact of 42.1%.

Top Malware Families

This month, Emotet is still the most popular malware with a global impact of 14%, followed by Formbook and Snake Keylogger, each impacting 4.4% of organizations worldwide.

In Nigeria, Ramnit has a country impact of 14.10% followed by Phorpiex at 10.26% and Formbook at 8.97%.

  1. Emotet – Emotet is an advanced, self-propagating and modular Trojan. Emotet was once used as a banking Trojan, but recently is used as a distributer to other malware or malicious campaigns. It uses multiple methods for maintaining persistence and evasion techniques to avoid detection. In addition, it can be spread through phishing spam emails containing malicious attachments or links.
  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. 
  2. FormbookFormBook 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.

Top Attacked Industries Globally

This month Education/Research is still the most attacked industry globally, followed by Government/Military and Healthcare. In Africa ISP/MSP is the most industry this month, followed by Communications and Government/Military.

  1. ISP/MSP
  2. Communications
  3. Government/Military

Top Exploited Vulnerabilities

This month, “Apache Log4j Remote Code Execution” is the most commonly exploited vulnerability, impacting 43% of organizations worldwide, closely followed by “Web Server Exposed Git Repository Information Disclosure” which has a global impact of 42.3%. “Web Servers Malicious URL Directory Traversal” is in third place with a global impact of 42.1%.

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.

  1. ↑ 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.
  2. 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 URL for the directory traversal patterns. Successful exploitation allows unauthenticated remote attackers to disclose or access arbitrary files on the vulnerable server.

Top Mobile Malwares

This month AlienBot is the most prevalent mobile malware, followed by Anubis and MaliBot.

  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.
  2. Anubis – Anubis is a banking Trojan designed for Android mobile phones. Since it was initially detected, it has gained additional functions including Remote Access Trojan (RAT) functionality, keylogger, audio recording capabilities and various ransomware features. It has been detected on hundreds of different applications available in the Google Store.
  3. MaliBot – Malibot is an Android Banking malware that has been spotted targeting users in Spain and Italy. The Banking disguises itself as crypto mining applications under different names and focuses on stealing financial information, crypto wallets and more personal data. 

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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Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

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Nigerian government, through the Office of the National Security Adviser (ONSA) and the National Information Technology Development Agency (NITDA), has announced a strategic collaboration to strengthen cybersecurity and clean up the nation’s cyberspace.

Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

Recognizing that cybercrime knows no borders, Nigeria also reaffirmed its commitment to fostering stronger global partnerships within the cybersecurity ecosystem.

This announcement was made during a press conference before the inaugural National Cybersecurity Conference, which is scheduled to take place in Abuja from July 9th to 11th, 2025.

Sa’ad Abubakar, national cybersecurity coordinator from the Office of National Security Advisor, said fighting cybercrime must take the whole of society and the whole of the government approach.

According to him, “Apart from the deterrent approach whereby government agencies such as Economic and Financial Crimes Commission (EFCC) arrest individuals, take them to court and prosecute them, the youth can be nurtured into better citizens who can showcase their capacity in better ways and be useful to the country.”

Similarly, Kashifu Abdullahi, director-general, NITDA,  also stressed the need for collaborative efforts in fighting cybercrimes.

According to him “Then, in addition to that, we also want to build a stronger global collaboration with the global cyber security ecosystem, because when you look at cybercrime in general, it doesn’t respect the borders.

“Someone can commit a crime from Ghana using a Nigerian ID in the US. So you can look at him physically in a different jurisdiction, pretending to be in another jurisdiction, committing the crime in another jurisdiction.

“So without that kind of synergy and working together, it will be difficult to address these challenges. The third one is challenge. The third one is getting an alternative to cybercrime for our kids in Nigeria. We have this as a major challenge.”

Inuwa further highlighted the upcoming conference’s importance, noting that it would tackle key issues through workshops, discussions on emerging threats, cross-border cybersecurity collaboration strategies, and training programmes.

He also announced that the National Cybersecurity Conference 2025 would feature the Cybersecurity Excellence Awards, recognising top contributions in the field.

The DG extended an invitation to global partners to collaborate with Nigeria in building a safer digital future.

The press conference was attended by notable figures, including Ahmad Sa’ad Abubakar, National Coordinator of, the National Cybersecurity Coordination Centre (NCCC); Hanniel Jafar, Representative of the President, of Cyber Security Experts Association of Nigeria (CSEAN); Ankit Shukla, Managing Director, QNA Marketing Management LLC and members of the press and other stakeholders.


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AXIAN Telecom Invests in Jumia Post-MTN Era

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XIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing.

This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020.

AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the purchase in a Schedule 13D filing with the U.S. Securities and Exchange Commission.

While the financial terms were not disclosed, AXIAN Telecom CEO, Hassan Jaber, described the move as a strategic alignment with Jumia’s growth trajectory and digital ecosystem.

“Jumia’s achievements in digital retail and fintech, particularly through JumiaPay and its logistics network, make it a very attractive investment for us. We believe in Jumia’s potential to promote financial and economic inclusion, which aligns with our core values,” said Jaber.

Once dubbed the “Amazon of Africa,” Jumia became the first African-founded tech company to list on the New York Stock Exchange in 2019.

But years of underperformance, leadership changes, and competitive pressures dented investor confidence.

In October 2020, South Africa’s MTN Group offloaded its 18.9% stake for $138 million, well below the $698 million value it once held post-IPO.

Since then, Jumia has undergone a significant transformation. Under CEO Francis Dufay, appointed in 2022, the company exited low-performing markets like South Africa and Tunisia, cut costs, and doubled down on core markets – Nigeria, Kenya, Egypt, and Morocco.

The firm is now focused on high-growth verticals, including everyday essentials and digital financial services.

Jumia’s regional CEO for East Africa, Vinod Goel, recently revealed plans to scale up international brand offerings and open its logistics network to third-party businesses.

Jaber underscored that AXIAN Telecom’s investment signals renewed confidence in Jumia’s long-term potential.

The telecom firm’s CEO said the company views Jumia as a key player in advancing Africa’s digital economy, aligning with AXIAN’s mission through its fintech and digital infrastructure brands such as Yas and Mixx by Yas.

 


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NIMC Plans to Register 95 Percent Nigerians by December

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Abisoye Coker-Odusote, director general, National Identity management commission (NIMC) has said that the commission is set to register 95 percent of Nigerians into the National Identity Database before December 2025.

NIMC Plans to Register 95 Percent Nigerians by December

Abisoye Coker-Odusote,, DG, NIMC

She made this statement at a press briefing to highlight the commissions goal aligns with President Bola Tinubu’s Renewed Hope Agenda, particularly on digital governance and inclusive development.

The mass enrollment drive will be powered by a combination of improved infrastructure, expanded registration centres, and robust public sensitization campaigns.

As of May 2025, NIMC reports over 120 million Nigerians have been enrolled, and about 100 million more would be captured by December.


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