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Check Point Software Named A Leader 2023 Email Security Report by Independent Research Firm

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Check Point® Software Technologies, a provider of cyber security solutions globally, has been named a Leader in The Forrester Wave™️: Enterprise Email Security, Q2 2023 report.

In its inaugural debut in the Forrester Wave, Check Point Harmony Email & Collaboration secured a position as a leader.

Business Email Compromise (BEC) schemes are rising in prevalence and damage. According to the FBI, BEC scams have cost organizations around the world over US$43 billion. Further, BEC 3.0 scams, which leverage legitimate services, are rising in popularity, requiring a more effective approach to email security.

With organizations facing an average of 1,248 cyber-attacks per week, it is crucial for companies to deploy artificial intelligence (AI)-powered cyber security solutions to prevent increasingly sophisticated cyber-attacks.

The Forrester Wave report states that since Check Point acquired CAPES vendor Avanan in 2021, it has “focused on integrating email security into its platform, leveraging its native ThreatCloud threat intelligence capabilities to deliver Phishing360 protection across endpoints, browsers, and SaaS applications” providing companies with a comprehensive email security suite.

We believe Check Point’s position as a leader in the Forrester Wave is attributed to its capabilities, strategy, and customer feedback.

The report notes that Check Point is currently the sole enterprise email security vendor offering an in-line CAPES (Cloud-native, API-enabled Email Security) deployment option that works with both Microsoft 365 and Google Workspace.

Check Point is also noted as one of the only vendors providing full protection for communication and collaboration applications like Teams, SharePoint, Slack, and Dropbox.

key features of Check Point Harmony Email & Collaboration are:

  • Cloud-first, AI-first technology: Check Point harnesses the power its patented API-enabled deployments to safeguard against ransomware, account takeover, Business Email Compromise (BEC), and supply chain attacks.
  • Comprehensive Collaboration Protection: Harmony Email & Collaboration ensures end-to-end security for all communication channels, securing Slack, Teams, Google Drive, OneDrive, and leading file-sharing apps.
  •  AI-powered Threat Intelligence: Harmony Email & Collaboration integrates with Check Point ThreatCloud AI, the world’s largest threat intelligence database, analyzing billions of websites and files. It performs millions of file emulations and receives updates on millions of malicious indicators daily, offering real-time protection.

“We are thrilled to receive this prestigious recognition,” said Gil Friedrich, VP of Email Security at Check Point. “We’re especially proud to earn the highest score possible in the innovation criterion.

“We’ve been at the forefront of transforming cloud email security to the API-based approach, which has since become the industry standard for securing Microsoft 365 and Gmail.

“With our product vision, continuous innovation, and unique prevention-first approach, we believe we will continue to define and lead this market. It’s truly gratifying to see that our vision aligns with Forrester’s market analysis, reaffirming for us our position as a market leader.”

Check Point acquired Avanan in 2021, integrating their industry-leading email security solution into the Harmony product suite. The Check Point Harmony pillar is powered by ThreatCloud AI to deliver dynamic protection, swiftly responding to newly emerging threats and strengthening the security stack of organizations in real-time.


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E-Business

Firm Spots Rising Scam Activity Around the 2026 World Cup, from Bogus Tickets to $500,000 “grant” Emails

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Millions of football fans around the world are gearing up for the World Cup, and cybercriminals are seizing the moment to exploit the heightened interest.

Experts at Kaspersky have uncovered various types of scams that mimic official tournament resources or leverage the event for unsafe purposes, putting users’ data and finances at significant risk.

On one of the fraudulent websites discovered, users are offered the option to buy tickets for FIFA World Cup matches, with payments accepted in almost any currency.

However, after completing the fake registration and payment steps, users risk not only losing money from their bank cards but also exposing sensitive personal data to attackers.

The site uses the official colour scheme of the 2026 tournament to mislead users. In addition, the scammers offer ways to contact them, either directly on the site or via messaging apps.

Another website offers users the chance to purchase “official merchandise” for the 2026 tournament, featuring images of mascot plush toys and T-shirts, with a wide selection available for “purchase.” To make the offer more enticing, the site highlights steep discounts. Additionally, to appear more credible, the scammers have added a “Trusted store” badge at the bottom of the page, along with a registration form that requests personal and banking details.

Another attack scenario involves fraudulent email campaigns, in which attackers attempt to trick users into sending money or click a phishing link. To increase the chances of engagement, the emails feature compelling subject lines and persuasive messaging.

In one of the examples identified, fans received emails allegedly sent by official representatives of the event regarding a fake decision from a dispute resolution chamber. The link provided in the email leads to a phishing page.

In some cases, users are targeted with scam emails claiming they have “won” a $500,000 grant to cover tickets, flights, and accommodation, followed by instructions to contact the sender to claim the “prize” funds. Kaspersky also reports email spam and unsolicited ads related to the sale of competition-themed merchandise and souvenirs, some of them might turn out to be a scam.

“Unfortunately, major sporting events that attract large audiences are never overlooked by scammers. Seemingly harmless or even appealing emails can often conceal not only dangerous links and malicious attachments.

In some cases, careless interaction with such messages can lead to serious device infections. We recommend that users ignore any suspicious emails and websites to protect their financial assets and keep their devices and personal data secure,” says Anna Lazaricheva, senior spam analyst at Kaspersky.


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NDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad

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Nigeria Data Protection Commission (NDPC) has raised concerns over data sovereignty, national security as well as loss of economic value, as over 90 per cent of Nigeria’s data is hosted abroad.

NDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad

Pic credit…247digitize.com

Vincent Olatunji, national commissioner/CEO, NDPC, stressed the importance of safeguarding Nigeria’s digital economy through strong data protection and privacy frameworks.

He spoke while while delivering a keynote address at the IoT West Africa Conference, where he stated that the trend poses significant risks to Nigeria’s control over its digital assets.

He further described the situation as precarious for the nation’s sovereignty, and called for urgent investment in local data infrastructure.

Olatunji, highlighted data sovereignty, the growing role of data centres, and regulatory expectations under the Nigeria Data Protection Act, 2023, noting both the benefits of compliance and the risks of non-compliance. Olatunji underscored that data centres are now critical infrastructure for Nigeria’s digital transformation.

While decrying that over 90 percent of the Nigeria’s data is hosted abroad which is precarious for the nation’s sovereignty he encouraged for more investment in the sector as it is projected to reach $1.9 billion by 2031.

Also speaking, Kashifu Inuwa, the director-general of the National Information Technology Development Agency (NITDA), said policy is emerging as the key driver of Nigeria’s digital transformation, particularly in shaping the development of the Lagos-Abuja digital corridor.

“While infrastructure responds to demand, policy creates the enabling environment for sustainable growth,”

Inuwa who was represented by Aristotle Onumo, director, stakeholders management and partnership at the IoT West Africa Conference in Lagos, on the theme “The Lagos-Abuja Digital Corridor: Building Africa’s Next Data Centre and Cloud Hub.”

Inuwa emphasised that while infrastructure responds to demand, policy remains the critical driver that creates an enabling environment for sustainable digital growth.

He explained that Nigeria’s broadband policy, which stipulates minimum speeds of 10 Mbps for rural areas and 25 Mbps for urban centres, provides a strategic framework for prioritising infrastructure deployment along the Lagos-Abuja digital corridor.

He cautioned, however, that without deliberate collaboration and partnership between government, the private sector, and civil society, widespread infrastructure rollout would remain challenging. “Collaboration is the pathway that massifies impact, while partnership harnesses collective intelligence. No one can achieve this in isolation,” he said.

Inuwa also spoke on the Nigerian Sovereign Cloud Project; a flagship initiative aimed at strengthening indigenous cloud service providers and preventing the dominance of Nigeria’s digital infrastructure by foreign hyperscale operators.

By scaling local infrastructure to meet global standards, the project seeks to domesticate data hosting, reduce operational costs, and improve access to cloud services across the country.


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Opay Plans IPO in US, Targets $4Bn in Valuation

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Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO).

Opay Plans IPO in US, Targets $4Bn in Valuation

According to a report by Bloomberg on Friday,  sources said the platform, backed by SoftBank Group Corp., is considering a listing in the United States and is targeting a valuation of about $4 billion.

They added that the company could proceed with the share sale later this year, although the timing and size of the offering are yet to be finalised.

Opay is one of Africa’s fastest-growing fintech firms, offering mobile payments, transfers, and other financial services across Nigeria.

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The fintech company, Citi, Deutsche Bank, and JPMorgan have not publicly commented on the IPO plans.

Like Opay, Flutterwave, a major fintech company in Africa is planning an IPO.

 


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