Connect with us

News

LinkedIn Ranks Top in List of Brands Most Likely to be Imitated in Phishing Attempts – Report

Published

on

Kindly share this post

Check Point Research, the Threat Intelligence arm of Check Point Software Technologies Ltd. and a leading provider of cyber security solutions globally, has published its Brand Phishing Report for Q1 2022.

The report highlights the brands which were most frequently imitated by cybercriminals in their attempts to steal individuals’ personal information or payment credentials during January, February and March.

Social media network, LinkedIn, dominated the rankings for the first time ever, accounting for more than half (52%) of all phishing attempts during the quarter.

This represents a dramatic 44% uplift from the previous quarter, where the professional networking site was in fifth position accounting for only 8% of phishing attempts.

LinkedIn overtook DHL as the most targeted brand, which is now in second position and accounted for 14% of all phishing attempts during the quarter.

Advertisement

The latest report highlights an emerging trend toward threat actors leveraging social networks, now the number one targeted category ahead of shipping companies and technology giants such as Google, Microsoft and Apple.

As well as LinkedIn being the most targeted brand by a considerable margin, WhatsApp maintained its position in the top ten, accounting for almost 1 in 20 phishing-related attacks worldwide.

The report highlights a particular example where LinkedIn users are contacted via an official-looking email in an attempt to lure them to click on a malicious link. Once there, users would be again prompted to log-in via a fake portal where their credentials would be harvested.

Shipping is now the second most targeted category, with threat actors continuing to take advantage of the general rise in e-commerce by targeting consumers and shipping companies directly.

DHL is second to LinkedIn, accounting for 14% of phishing attempts; FedEx has moved from seventh position fifth, now accounting for 6% of all phishing attempts; and Maersk and AliExpress have entered the top ten list for the first time.

Advertisement

The report highlights one particular phishing strategy that used Maersk-branded emails to encourage the download of spoof transport documents, infecting workstations with malware.

“These phishing attempts are attacks of opportunity, plain and simple. Criminal groups orchestrate these phishing attempts on a grand scale, with a view to getting as many people to part with their personal data as possible,” said Omer Dembinsky, Data Research Group Manager at Check Point Software.

“Some attacks will attempt to gain leverage over individuals or steal their information, such as those we’re seeing with LinkedIn. Others will be attempts to deploy malware on company networks, such as the fake emails containing spoof carrier documents that we’re seeing with the likes of Maersk.”

He continued: “If there was ever any doubt that social media would become one of the most heavily targeted sectors by criminal groups, Q1 has laid those doubts to rest. While Facebook has dropped out of the top ten rankings, LinkedIn has soared to number one and has accounted for more than half of all phishing attempts so far this year.

“The best defense against phishing threats, as ever, is knowledge. Employees in particular should be trained to spot suspicious anomalies such as misspelled domains, typos, incorrect dates and other details that can expose a malicious email or text message. LinkedIn users in particular should be extra vigilant over the course of the next few months.”

Advertisement

In a brand phishing attack, criminals try to imitate the official website of a well-known brand by using a similar domain name or URL and web-page design to the genuine site.

The link to the fake website can be sent to targeted individuals by email or text message, a user can be redirected during web browsing, or it may be triggered from a fraudulent mobile application. The fake website often contains a form intended to steal users’ credentials, payment details or other personal information.

Top phishing brands in Q1 2022

Below are the top brands ranked by their overall appearance in brand phishing attempts:

1. LinkedIn (relating to 52% of all phishing attacks globally)

Advertisement

2. DHL (14%)

3. Google (7%)

4. Microsoft (6%)

5. FedEx (6%)

6. WhatsApp (4%)

Advertisement

7. Amazon (2%)

8. Maersk (1%)

9. AliExpress (0.8%)

10. Apple (0.8%)

 

Advertisement

Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

Africa Prudential Unveils Digital Growth Strategy

Published

on

Kindly share this post

Africa Prudential Plc has reaffirmed its commitment to sustainable growth and digital transformation after posting another strong half-year financial performance, driven by robust growth in its core registrar business, technology-driven solutions and increased activity in Nigeria’s capital market.

Speaking during the company’s H1 2026 Investor Call on Tuesday, the management outlined plans to deepen revenue diversification and accelerate innovation as part of efforts to reduce reliance on interest income and strengthen long-term profitability.

The company reported gross earnings of ₦4.28 billion for the first half of 2026, representing a 27 per cent increase from ₦3.34 billion recorded in the corresponding period of 2025.

Profit before tax rose by 22 per cent to ₦2.41 billion, while profit after tax climbed 18 per cent to ₦1.59 billion.

Net operating income also increased by 27 per cent to ₦4.21 billion, while total assets grew by 13 per cent to ₦46.53 billion. Shareholders’ funds similarly rose by 13 per cent to ₦12.52 billion.

Advertisement

According to the company, the impressive performance was driven by sustained growth in its registrar business, increased corporate actions across the Nigerian capital market, stronger treasury earnings supported by the prevailing interest rate environment and rising adoption of its technology-enabled products and services.African Mineral Wealth

Managing Director and Chief Executive Officer, Dr. Catherine Nwosu, said Africa Prudential is steadily evolving from a traditional share registrar into a diversified technology and business solutions provider serving the broader capital market ecosystem.

Addressing concerns from investors about the sustainability of earnings if interest rates decline, Nwosu said the company was deliberately expanding its non-interest income sources.

“Interest rates influence our treasury income positively, but that is why we are deliberately diversifying our revenue streams. Our strategy is to grow recurring fee-based business lines such as our digital solutions, Know Your Customer (KYC) services, AGM technology, probate services and the SabiVest mobile app. Over time, this will reduce our reliance on interest income and create a more balanced and resilient earnings mix,” she said.

She noted that increasing activity in the Nigerian capital market presents fresh opportunities for technology-driven solutions.

Advertisement

“With capital market activity nearly doubling over the past year, demand for seamless digital investor experiences, improved market efficiency and stronger compliance standards continues to grow. We are investing in technology-enabled solutions that position us to capitalise on these opportunities while delivering sustainable value to our shareholders,” she added.

Looking ahead, the company identified five strategic priorities for the second half of 2026, including driving sustainable growth through its core registrar business and new revenue streams, accelerating technology-led product innovation, strengthening brand leadership, investing in talent development and reinforcing corporate governance.

The investor call attracted institutional investors, shareholders, analysts, regulators and other capital market stakeholders, reflecting strong interest in Africa Prudential’s earnings outlook, revenue diversification strategy and long-term growth plans.

 

Advertisement

Kindly share this post
Continue Reading

News

IHS Nigeria Donates Business-Support Equipment to Empower People with Disabilities in Abuja Community

Published

on

Kindly share this post

Communications infrastructure company, IHS Nigeria, has donated business support equipment to empower people with disabilities within the Karonmajiji community in the Federal Capital Territory, Abuja. This is part of the company’s commitment to drive inclusive community development and sustainable livelihood support under its Project Empower initiative.

The equipment was distributed to beneficiaries during a ceremony held in the community on Monday, July 27. The initiative was conceived following a community needs assessment and is designed to empower active traders by providing them with business tools rather than cash grants, thereby strengthening their businesses and ensuring long-term economic impact and accountability.

Speaking at the event, Director, Sustainability, IHS Nigeria, Titilope Oguntuga, described the initiative as a reflection of the company’s commitment to advancing inclusive development by equipping persons with disabilities with the tools and opportunities needed to build resilient livelihoods.

She explained that rather than providing short-term financial assistance, IHS Nigeria adopted an asset-based approach by donating 50 pieces of business support equipment, including sewing machines, freezers, generators and hairdressing kits, to the selected beneficiaries.

According to her, the intervention is designed to create lasting value by supporting entrepreneurship, promoting self-reliance and strengthening household incomes, while contributing to the achievement of the United Nations Sustainable Development Goals, particularly SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth) and SDG 10 (Reduced Inequalities).

Advertisement

In his opening remarks, the Chief of the Karonmajiji Disabled Community, Alhaji Sulaiman Muhammed Katsina, represented by the Secretary of the Community, Alhaji Mohammed Dantani commended IHS Nigeria for its commitment to empowering persons with disabilities through practical and sustainable interventions.

He described the initiative as a demonstration of genuine partnership with the community and expressed appreciation for the company’s continued engagement with the Association, noting that the donation of the equipment was a significant investment in improving the livelihoods of persons with disabilities and would create meaningful economic opportunities for the beneficiaries and their families.

The event brought together traditional rulers, government representatives, leaders and members of the Karonmajiji Disabled Community Association, implementing partners, including Field of Skills and Dreams Vocational Technical and Entrepreneurship (FSD VTE) Training Institute and other community stakeholders, reaffirming a shared commitment to promoting inclusion and sustainable community development.

Project Empower reinforces IHS Nigeria’s commitment to advancing sustainable development through strategic partnerships that promote economic inclusion, strengthen community resilience and create opportunities for underserved communities.

Advertisement

Kindly share this post
Continue Reading

News

CIBN, ACAMB Push for Financial Inclusion, Women Empowerment

Published

on

Kindly share this post

The Chartered Institute of Bankers (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) have enjoined banks to further deepen and prioritize financial inclusion, women’s empowerment and sustained growth through strategic mandates and frameworks, aimed at closing the financial gap and empowering more small, and medium enterprise (MSME) owners.

Both organisations made this call during a courtesy visit to the newly invested 24th President and Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Dele Alabi, Ph.D, FCIB, as part of plans to congratulate him on his investiture as well as seek a stronger alliance between both bodies.

The visit followed Alabi’s investiture where he unveiled his “IMPACT” Vision, themed “Consolidating Our Local Impact, Enhancing Our Global Relevance.”

The vision rests on six pillars: Inclusion across geographic, gender, and generational lines; Membership growth and quality; Professionalism and ethics; Accountability; Competencies and skills development; Technology, automation, and innovation. Other areas of shared interest, include women empowerment, financial inclusion and literacy, as well as MSME clinics, all of which are top on his agenda.

Alabi explained that under him, the institute will be prioritising financial inclusion and women empowerment, because of its realisation that women  are often the primary financial managers and caregivers in families. Access to savings, micro-credit, and insurance acts as a safety net during crisis and allows them to significantly improve living conditions.

Advertisement

He added that CIBN would be happy to drive joint knowledge sharing and exchange sessions with CBN and ACAMB across various platforms. “Educating the public through public awareness programmes, with ACAMB as the rallying point, is central to what we do,” he noted.

ACAMB President, Jide Sipe, who led the delegation, spoke in unison with the CIBN president, as he noted that, closing the inbalances in financial access help economies grow faster, reduces inequality, and encourages greater civic participation by all.

Kindly share this post
Continue Reading

Trending