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Check Point Research Reveals XLoader as August’s Top Malware in Nigeria

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Check Point Research (CPR), the Threat Intelligence arm of Check Point® Software Technologies, a provider of cyber security solutions globally, has published its latest Global Threat Index for August 2022.

 

In Nigeria, XLoader is the most widespread malware this month impacting 14.47% of organisations in the country, followed by Phorpiex and Guloader both with 6.58%.

Globally, CPR reports that FormBook is now the most prevalent malware, taking over from Emotet, which has held that position since its reappearance in January.

FormBook is an Infostealer targeting Windows OS which, once deployed, can harvest credentials, collect screenshots, monitor and log keystrokes as well as download and execute files according to its command and control (C&C) orders.

Since it was first spotted in 2016, it has continued to make a name for itself, marketed as a Malware as a Service (MaaS) in underground hacking forums, known for its strong evasion techniques and relatively low price.

August also saw a rapid increase in GuLoader activity, which resulted in it being the fourth most widespread malware. GuLoader was initially used to download Parallax RAT but has since been applied to other remote access trojans and infostealers such as Netwire, FormBook and Agent Tesla.

It is commonly distributed through extensive email phishing campaigns, that lure the victim into downloading and opening a malicious file, allowing the malware to get to work.

Additionally, Check Point Research reports that Joker, an Android spyware, is back in business and has claimed third place in the top mobile malware list this month. Once Joker is installed, it can steal SMS messages, contact lists and device information as well as sign the victim up for paid premium services without their consent. Its rise can partially be explained by an uplift in campaigns as it was recently spotted to be active in some Google Play Store applications.

“The shifts that we see in this month’s index, from Emotet dropping from first to fifth place to Joker becoming the third most prevalent mobile malware, is reflective of how fast the threat landscape can change” said Maya Horowitz, VP Research at Check Point Software.

“This should be a reminder to individuals and companies alike, of the importance of keeping up to date with the most recent threats as knowing how to protect yourself is essential.

“Threat actors are constantly evolving and the emergence of FormBook shows that we can never be complacent about security and must adopt a holistic, prevent-first approach across networks, endpoints and the cloud.”

CPR also revealed this month that the Education/Research sector is still the most targeted industry by cybercriminals globally. With Government/Military and Healthcare taking second and third place as the most attacked sectors.

“Apache Log4j Remote Code Execution” returns to first place as the most exploited vulnerability, impacting 44% of organizations worldwide, after overtaking “Web Server Exposed Git Repository Information Disclosure” which had an impact of 42%.

Top malware families

*The arrows relate to the change in rank compared to the previous month.

FormBook is the most widespread malware this month impacting 5% of organizations worldwide, followed by AgentTesla with an impact of 4% and XMRig with 2%.

  1. XLoader – XLoader is an Android Spyware and Banking Trojan developed by the Yanbian Gang, a Chinese hacker group. This malware uses DNS spoofing to distribute infected Android apps to collect personal and financial information..
  2. 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.
  3. Guloader – GuLoader is a downloader that has been widely used since December 2019. When it first appeared, GuLoader was used to download Parallax RAT but has been applied to other remote access trojans and info-stealers such as Netwire, FormBook, and Agent Tesla.

Top Attacked Industries Globally

This month the Education/Research sector remained in first place as the most attacked industry globally, followed by Government/Military and Healthcare.

  1. Education/Research
  2. Government/Military
  3. Healthcare

Top Exploited Vulnerabilities

This month, “Apache Log4j Remote Code Execution” is the most common exploited vulnerability, impacting 44% of organizations globally, followed by “Web Server Exposed Git Repository Information Disclosure” which dropped from first place to second with an impact of 42%. “Web Servers Malicious URL Directory Traversal” remains in the third place, with a global impact of 39%.

  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.
  2. Web Server Exposed Git Repository Information Disclosure – An information disclosure vulnerability has been reported in Git Repository. Successful exploitation of this vulnerability could allow unintentional disclosure of account information.
  3. ↔ 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.

Top Mobile Malwares

This month AlienBot is the most prevalent Mobile malware, followed by Anubis and Joker.

  1. AlienBot – AlienBot is a banking Trojan for Android, sold underground as a Malware-as-a-Service (MaaS). It supports keylogging, dynamic overlays for credentials theft, as well as SMS harvesting for 2FA bypass. Additional remote control capabilities are provided by using a TeamViewer module.
  2. Anubis – Anubis is a banking Trojan malware designed for Android mobile phones. Since it was initially detected, it has gained additional functions including Remote Access Trojan (RAT) functionality, keylogger and audio recording capabilities as well as various ransomware features. It has been detected on hundreds of different applications available in the Google Store.
  3. Joker – An Android Spyware in Google Play, designed to steal SMS messages, contact lists and device information. Furthermore, the malware can also sign the victim up for paid premium services without their consent or knowledge.

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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FG Unveils AI Public Services Platform

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Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web.

The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services.

According to Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, the initiative aims to simplify interactions with government services, particularly for underserved communities that often face challenges navigating complex public-sector systems.

Developed in collaboration with the National Centre for Artificial Intelligence and Robotics, Meta, and Publica AI, GovGuideNigeria uses conversational AI to provide real-time responses via WhatsApp and a web interface in English, Hausa, Igbo and Yoruba.

Sade Dada, head of public policy at Meta, said the multilingual rollout highlights the growing use of natural language processing within African public institutions to improve digital inclusion and broaden access to services.

Ignatius Willie, chief executive of Publica AI, said the platform demonstrates how Africa’s next generation of digital public infrastructure can be developed locally using African languages.

GovGuideNigeria is intended to address longstanding challenges in Nigeria’s public information system, where citizens often struggle to access reliable guidance because of fragmented government websites, poor communication channels and the expense of travelling to physical offices.

Through AI-driven automation, users can obtain information on immigration procedures, documentation requirements, public programmes and agency-specific services through chat-based interactions.

The launch also reflects Nigeria’s broader ambition to integrate AI into digital governance, while strengthening partnerships between government agencies, global technology companies and local AI startups to modernise public service delivery.


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Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

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Elon Musk is poised to become the world’s first trillionaire after  SpaceX, his company, confirmed plans to go public.

Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

Elon Musk

Because Musk owns the majority of the shares, it could push his net worth over the trillion dollar mark.

The entrepreneur is known for his leadership of Tesla, SpaceX, X, and xAI.

Musk has been the wealthiest person in the world since 2025; as of May 2026, Forbes estimates his net worth to be $788 billion.

SpaceX has filed for a blockbuster public listing in the United States, paving the way for what could become the largest stock market debut in Wall Street history.

The company, formally known as Space Exploration Technologies, announced plans to begin trading under the ticker symbol “SPCX” as early as next month.

The listing values SpaceX at about $1.25 trillion, with Musk’s majority ownership potentially worth more than $600 billion alone.

Combined with his existing holdings in companies including Tesla, the IPO could push Musk’s personal wealth above the $1 trillion mark.

The long-awaited filing also offered investors a rare look into SpaceX’s finances.

The company reported $18.6 billion in revenue last year but recorded a net loss of $4.9 billion. In the first quarter of this year, SpaceX generated $4.7 billion in sales while posting a $4.3 billion net loss.

Financial disclosures showed the company holds $102 billion in assets, including rockets, launch infrastructure and satellite systems, while carrying debts totalling $60.5 billion.

Despite the losses, analysts suggested investors were unlikely to be deterred given SpaceX’s dominance in commercial space launches and satellite internet services.

Ruth Foxe-Blader, managing partner at Citrine Venture Partners, described the planned flotation as “extremely exciting.”

“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she said.

SpaceX operates the Starlink satellite internet network and also owns Musk’s artificial intelligence company, xAI.

The IPO filing revealed that xAI recently reached a major commercial agreement with rival AI company Anthropic, maker of the Claude chatbot.

Under the arrangement, Anthropic will reportedly pay $15 billion annually to access data centre infrastructure linked to xAI operations in the American South.

The filing also disclosed that SpaceX expects to incur more than half a billion dollars in legal costs from multiple ongoing lawsuits and regulatory disputes.

Among the cases listed were claims alleging that xAI’s chatbot Grok had been used to create sexualised deepfakes of women and girls, alongside patent infringement disputes, music copyright claims, data breach allegations and investigations into compliance with European Union content moderation rules.

Musk has previously said he plans to dissolve xAI as a standalone company and pursue his AI ambitions directly under SpaceX.

The filing came shortly after Musk lost a high-profile legal battle against OpenAI and its chief executive Sam Altman.

Musk had accused OpenAI of abandoning its non-profit mission after shifting towards a commercial model, but a jury dismissed the lawsuit, ruling that he had waited too long to bring the claims.


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Moniepoint Boosts UK Payments Security

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African financial services platform Moniepoint has partnered with open banking software-as-a-service provider tell.money to deploy a transaction security system in the UK market.

The companies said the partnership will allow Moniepoint to implement Confirmation of Payee, an account name-checking service designed to verify recipient details before payments are processed.

The integration will be rolled out through Monieworld, Moniepoint’s UK remittance subsidiary, as part of the company’s broader European expansion strategy.

Tell.money will provide the underlying verification technology, which the companies said is intended to reduce misdirected payments and help protect users against cross-border fraud.

Ravi Jakhodia, CEO of Monieworld, said: “Our goal with Monieworld is to build financial services for Africans in the diaspora.”

He added that tell.money was selected because it manages compliance and accreditation requirements, allowing the fintech company to focus on customer service.

Moniepoint is entering a competitive UK-to-Africa remittance market that includes established providers such as Wise, WorldRemit and Remitly, as well as African fintech firms including Flutterwave’s Send App.

According to data from the World Bank’s KNOMAD programme, remittance flows to low- and middle-income countries are estimated at about $620 billion annually, with digital -first platforms capturing increasing market share through open banking integrations and automated compliance systems.

The rollout reflects a broader trend of African fintech firms expanding into developed markets by adopting local regulatory and open banking standards.

Industry analysts expect diaspora-focused platforms to evolve beyond money transfers into services such as multi-currency banking, credit and investment products.


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