E-Business
‘Emotet’ Malware Attacks Banks- Check Point

Check Point Research has found sharp increase in the Emotet botnet spreading spam campaigns after period of inactivity, aiming to steal banking credentials, and spread inside targeted networks.

Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd., a leading provider of cyber security solutions globally, has published its latest Global Threat Index for July 2020.
Researchers found that after a five-month absence, Emotet has surged back to 1st place in the Index, impacting 5% of organizations globally.
Since February 2020, Emotet’s activities – primarily sending waves of malspam campaigns – started to slow down and eventually stopped, until re-emerging in July. This pattern was observed in 2019 when the Emotet botnet ceased activity during the summer months but resumed in September.
In July, Emotet was spreading malspam campaigns, infecting its victims with TrickBot and Qbot, which are used to steal banking credentials and spread inside networks. Some of the malspam campaigns contained malicious doc file with names like “form.doc” or “invoice.doc”.
According to researchers, the malicious document launches a PowerShell to pull the Emotet binary from remote websites and infect machines, adding them to the botnet.
The resumption of Emotet’s activities highlights the scale and power of the botnet globally.
“It’s interesting that Emotet was dormant for several months earlier this year, repeating a pattern we first observed in 2019. We can assume that the developers behind the botnet were updating its features and capabilities. But as it is active again, organizations should educate employees about how to identify the types of malspam that carry these threats and warn about the risks of opening email attachments or clicking on links from external sources. Businesses should also look at deploying anti-malware solutions that can prevent such content reaching end-users,” said Maya Horowitz, Director, Threat Intelligence & Research, Products at Check Point.
The research team also warns that “MVPower DVR Remote Code Execution” is the most common exploited vulnerability, impacting 44% of organizations globally, followed by “OpenSSL TLS DTLS Heartbeat Information Disclosure” which impacts 42% of organizations worldwide. “Command Injection Over HTTP Payload” is in third place, with a global impact of 38%.
Top malware families
(The arrows relate to the change in rank compared to the previous month).
This month Emotet is the most popular malware with a global impact of 5% of organizations, closely followed by Dridex and Agent Tesla affecting 4% of organizations each.
↑ Emotet– Emotet is an advanced, self-propagating and modular Trojan. Emotet was originally a banking Trojan, but recently is used as a distributor of 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.
↑ Dridex– Dridex is a Trojan that targets the Windows platform and is reportedly downloaded via a spam email attachment. Dridex contacts a remote server and sends information about the infected system. It can also download and execute arbitrary modules received from the remote server.
↓ Agent Tesla – Agent Tesla is an advanced RAT functioning as a keylogger and information stealer capable of monitoring and collecting the victim’s keyboard input, system clipboard, taking screenshots, and exfiltrating credentials belonging to of a variety of software installed on a victim’s machine (including Google Chrome, Mozilla Firefox and Microsoft Outlook email client).
Top exploited vulnerabilities
This month “MVPower DVR Remote Code Execution” is the most common exploited vulnerability, impacting 44% of organizations globally, followed by “OpenSSL TLS DTLS Heartbeat Information Disclosure” which impacts 42% of organizations worldwide. “Command Injection Over HTTP Payload” is in third place, with a global impact of 38%.
↑ MVPower DVR Remote Code Execution– A remote code execution vulnerability that exists in MVPower DVR devices. A remote attacker can exploit this weakness to execute arbitrary code in the affected router via a crafted request.
↓OpenSSL TLS DTLS Heartbeat Information Disclosure (CVE-2014-0160; CVE-2014-0346) – An information disclosure vulnerability that exists in OpenSSL. The vulnerability is due to an error when handling TLS/DTLS heartbeat packets. An attacker can leverage this vulnerability to disclose memory contents of a connected client or server.
↑ Command Injection Over HTTP Payload – A command injection over HTTP payload vulnerability has been reported. A remote attacker can exploit this issue by sending a specially crafted request to the victim. Successful exploitation would allow an attacker to execute arbitrary code on the target machine.
Top mobile malware families
This month xHelper is the most popular malware, followed by Necro and PreAMo.
xHelper – Amalicious application seen in the wild since March 2019, used for downloading other malicious apps and display advertisements. The application can hide itself from the user, and reinstall itself in case it was uninstalled.
Necro – Necro is an Android Trojan Dropper. It can download other malware, showing intrusive ads and stealing money by charging paid subscriptions.
PreAMo – PreAmo is an Android Malware imitates the user by clicking on banners retrieved from three ad agencies – Presage, Admob, and Mopub.
Check Point’s Global Threat Impact Index and its ThreatCloud Map is powered by Check Point’s ThreatCloud intelligence, the largest collaborative network to fight cybercrime which delivers threat data and attack trends from a global network of threat sensors.
The ThreatCloud database inspects over 2.5 billion websites and 500 million files daily, and identifies more than 250 million malware activities every day.
E-Business
GenAI Adoption Among African workers Outpace Global Peers

Africa’s workforce is embracing artificial intelligence (AI) at a faster pace than global peers, but pressure is mounting for organisations to ramp up digital skills development as generative AI (GenAI) begins reshaping roles across industries.

This is according to PwC’s Global Workforce Hopes and Fears Survey 2025, which shows a continent ready for AI-enabled transformation, but facing a narrowing window to prepare, through skills development initiatives.
The survey, covering nearly 50 000 workers worldwide and 1 753 across South Africa, Algeria, Kenya, Morocco and Nigeria, finds that African employees are already integrating AI into daily operations.
Sixty-four percent of respondents in Africa used AI tools in the past year, compared to 54% globally, and the sentiment is overwhelmingly positive. While only 17% report using GenAI every day, confidence in its benefits is high: 76% believe GenAI improves work quality, and 72% expect AI-driven productivity gains within three years.
In SA, executives are even more bullish, as 91% say AI has already lifted both productivity and work quality — a signal that leadership is pushing harder toward AI-enabled ways of working, notes the survey.
However, this optimism is coupled with rising concern about future readiness. Only 35% of African workers believe their skills will still be relevant three years from now. With GenAI expected to affect nearly half of all job roles, PwC warns that the continent’s workforce risks falling behind unless organisations accelerate large-scale reskilling.
Despite the pressures, employees are not standing still. PwC notes that African workers outperform their global peers in proactive learning, recording 15% higher participation in skills-building and receiving 6% more support from managers. This indicates that both workers and immediate supervisors recognise the pace of AI adoption and are pushing to adapt.
PwC Africa people and organisation leader, Dr Dayalan Govender, says the moment calls for decisive leadership. Organisations, he argues, must integrate AI into workforce strategies, accelerate digital adoption, and expand upskilling programmes at scale.
“Africa’s workforce is optimistic and ready for change, but leaders must accelerate digital adoption and invest in future-ready skills to convert this optimism into sustainable growth,” he says.
Beyond the technology shift, the survey captures a workforce hungry for growth but constrained by financial pressure. Many employees are preparing to make career moves: 45% plan to request a raise, and another 45% aim for a promotion in the next year. Yet household financial stability remains strained, with only a third of respondents reporting any money left over for savings.
Still, Africa’s workplaces continue to show strong foundations of trust and purpose — elements PwC believes will be critical in navigating GenAI disruption. More than 55% of workers trust management, and two-thirds say their work feels meaningful, both above global averages.
With AI adoption rising and employees motivated to reinvent their careers, PwC warns that the coming years will determine whether Africa’s early optimism translates into long-term competitiveness as GenAI transforms the world of work.
The report calls for embedding AI into workforce strategies to bridge the gap between optimism and practical adoption, scaling upskilling initiatives to prepare for GenAI disruption, and fostering trust and psychological safety to retain talent and drive innovation.
“For employers, these findings are a stark reminder that they can and should do more to help workers understand, adopt, and embrace AI’s transformative power.
“Employers may need to pay special attention to entry-level workers, nearly a third of whom say they’re worried to a large or very large extent about AI’s impact on their future, even as they’re also curious (47%) and optimistic (38%) about its long-term societal effects,” notes the report.
E-Business
Nigeria Records Highest Weekly Cyberattacks in Africa — Report

Nigerian organisations are facing the highest volume of weekly cyberattacks in Africa, according to the newly released African Perspectives on Cyber Security Report 2025 by Check Point Software Technologies Ltd., a global leader in cybersecurity solutions.

The report revealed that Nigerian firms experience an average of 4,200 attacks per week, significantly higher than the continental average of 3,153 and 60 per cent above the global average of 1,963 attacks per organisation.
The findings highlight a sharp rise in attacks across Africa, driven largely by artificial intelligence-enabled threats.
Kingsley Oseghale, country manager for West Africa at Check Point, said attackers are increasingly using AI to automate phishing, impersonation, and cloud exploitation.
“AI has become part of the attack surface,” Oseghale said. “Attackers are using it to automate phishing and identity theft at scale. The only effective response is prevention-first security that combines visibility, governance, and AI protection.”
The report noted that cybercriminals are exploiting exposed identities and misconfigured systems to target critical sectors, including finance, energy, telecoms, and government.
Identity-led intrusions, AI-generated phishing campaigns, and multi-vector ransomware are on the rise.
Across the continent, Check Point identified key trends in different markets. Nigeria is experiencing business email compromise and cloud exploitation; South Africa faces rising ransomware, smishing, and botnet infections such as Vo1d and XorDDoS; Kenya has seen ransomware targeting critical energy infrastructure; and Morocco has experienced coordinated government and education-sector disruptions via DDoS and website defacement attacks.
The report highlights five major shifts shaping Africa’s cyber risk in 2025.
Traditional ransomware has evolved into data-leak extortion, AI-generated deception is widespread, and identity has emerged as the new security perimeter.
Weak cybersecurity, the report warned, can now affect international market access under regulations such as the EU’s NIS2 Directive, making digital resilience an economic necessity.
The study urged African businesses and governments to adopt prevention-first security strategies, including continuous risk assessment, regulatory readiness, and public-private collaboration.
Oseghale emphasised that, as AI reshapes operations, cybersecurity must shift from reaction to prediction.
“The real challenge is not adopting new technology but securing the trust that underpins it,” he said.
E-Business
Jumia’s Data Shows Nigerians Turning to Digital Retail to Navigate Inflation Pressures

As Black Friday 2025 unfolds across Nigeria, new insights from Jumia’s Q3 2025 financial results reveal that more Nigerians are relying on digital retail to navigate inflation and rising living costs.

The data points to a more deliberate, value-driven shopper, one using online platforms to stretch budgets, compare options quickly, and extract more value from each purchase.
Jumia reported a 30 percent year-on-year increase in physical goods orders, while Gross Merchandise Value for physical goods rose by 43 percent.
This stronger GMV growth highlights a clear behavioural shift: consumers are assembling higher-value baskets by combining essentials with premium or long-term household items. Online retail is serving as a tool for strategic planning, not just convenience.
According to Temidayo Ojo, Chief Executive Officer of Jumia Nigeria, Black Friday now plays a more critical economic role. “Households are using digital retail to defend purchasing power. They plan their lists, compare prices instantly, and rely on the reliability and convenience that e-commerce offers,” he said.
This year’s Black Friday trends show growing demand in categories that directly support daily living. Household essentials and FMCG products are seeing significant uptake as families stock up during price drops. Home and kitchen equipment is also experiencing stronger demand as shoppers prioritise practical, durable tools. Affordable fashion and beauty products are gaining momentum as discounts make them more accessible.
Consumer behaviour in the lead-up to the sales period further reinforces this shift. Jumia recorded a notable increase in “Add to Wishlist” and “Add to Cart” activity, signalling more planning and fewer impulse purchases. The gap between GMV and order growth indicates that customers are optimising baskets using bundles, vouchers, and promo combinations, behaviours uniquely suited to digital platforms.
With inflation intensifying the need for smarter buying, trust markers on Jumia, such as verified sellers, official brand stores, ratings, and clear return policies, are becoming more central to decision-making. Authenticity and durability now outweigh the appeal of the lowest price.
Jumia’s logistics footprint is making these benefits available nationwide. Its 30,000 sqm Isolo fulfilment centre, 480 pickup stations, and 62 logistics partners ensure that customers in secondary and peri-urban cities enjoy the same deals as those in major hubs, reducing travel burdens and adding financial value.
Overall, Jumia’s Q3 data and Black Friday trends show that Nigerians are turning to digital retail as a practical, strategic response to inflation, using e-commerce to manage budgets, preserve purchasing power, and make more informed buying decisions.
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