Connect with us

E-Business

The Evolving Threat Landscape: Top Cybercrime Trends Organisations Should Take Note of in 2023

Published

on

Kindly share this post

By Emmanuel Asika

The cyber threat landscape continued to evolve last year, with malevolent players joining forces more than ever before, exchanging access to networks and systems, sharing malware and sharpening their attack methods.

Such heightened collaboration, coupled with the low cost of malware – three-quarters of malware kits cost less than ₦7,000 – are further triggering cybercrime to be more accessible.

The implication being that more devices and end-users will be vulnerable to being under attack in 2023, and as cyber criminals intensify attempts to access enterprises – these systems, PCs and printers will be at the forefront.

These challenges, for cyber-security experts, will be intensified by the growing economic slump and uncertainties. As cybersecurity spending is set to increase by 13.2% in 2023, cost projections will be under critical observation, with emphasis on the most important cybersecurity demands.

With tough impending decisions, below are four cybersecurity trends that institutions must plan for in 2023:

  1. Increasing costs can prompt an inflow of cyber hustlers and money mules, powering the cybercrime economy and leaving users at risk

The increase in the cybercrime gig economy, with its swing to platform-based business models, has made cybercrime simpler, affordable, and more dynamic.

Cybercrime devices and mentoring services are readily available at low costs, luring cyber hustlers – adherents with little technical skill – to access needed information to make gains.

With an impending global downturn, easy access to cybercrime tools and skills could enhance the number of scam SMS messages and emails filling our inboxes.

Lured by the potential of quick money, there is a likelihood of seeing more recruits into money-muling schemes, unintentionally encouraging the cybercrime ecosystem as enablers of fraudulent transactions, money laundering, and perhaps ransoms payments.

The interrelated nature of the cybercrime gig economy means that threat actors can easily make money from email compromise attacks.

If they find a victim and succeed by compromising an enterprise device, they can market that access to bigger ransomware gangs. This gives structured groups of hackers more reach, hence feeding into the cybercrime ecosystem.

With increasing attacks against users, embedding security in all devices from the hardware will be significant to prevent, detect and recover from attacks.

Adopting a robust security culture is key for building resilience, however, only when combined with technology that decreases an organization’s attack interface. A whole group of threats can be eradicated without relying on detection by isolating risky activities like malicious emails.

Threat containment technologies in this case ensure that if a user opens a malicious link or attachment, the malware can’t infect any data. With this model, businesses reduce the propensity of malicious attacks and protect employee interests without compromising their workflows.

  1. Notorious hackers will invest in more attacks below the operating system.

Until recently, firmware attacks were only used by sophisticated threat groups and countries.

However, just last year, early signs revealed an increased interest and development of attacks below the operating system – from tools to hack BIOS passwords, to rootkits and trojans targeting device’s firmware. Today, we now see firmware rootkits advertised relatively cheaply on cybercrime marketplaces.

As one would expect, sophisticated threat actors are always looking to stay one step ahead in terms of their attack capabilities. Unfortunately, firmware security is frequently disregarded by organizations, giving room for adversaries to attack and exploit.

Access to the firmware level allows attackers to gain persistent control and hide below the operating system, making them very hard to detect – let alone remove and remediate.

As such, organizations and individuals must ensure they understand industry best practices and standards for device hardware and firmware security.

Additionally, organizations must further endeavour to understand and evaluate the latest technology readily available to protect, detect and recover from firmware attacks.

  1. Remote access equipment will be on the forefront for attacks

Session hijacking is anticipated. The year will witness a growth in popularity – where an attacker hijacks a remote access session to obtain an organisation’s sensitive data and systems.

The user is characteristically unsuspecting that anything malicious has happened and takes milliseconds to inject key sequences and issue commands that generate an alternative gateway for persistent access.

It works even if Privileged Access Management (PAM) systems employ Multi-Factor Authentication (MFA), such as smart cards.

When a malicious attack links to Operational Technology (OT) and Industrial Control Systems (ICS) running factories and industrial plants, there could also be a noticeable impact on operational readiness and safety – possibly cutting off access to energy or communication for entire areas.

The only way of preventing these kinds of attacks is breaking the attack chain and strong isolation technology, either through using a physically separate system, like a Privileged Access Workstation (PAW), or virtual separation, via hypervisor-based approaches.

  1. Neglect print security at your risk in 2023

Presently, print security is endangered by the constant tendency to be a neglected factor of the total cybersecurity environment and with more printers connected to corporate networks due to hybrid working, the risks keep increasing. Institutions need to structure security policies and processes for monitoring and protecting print gadgets from attacks, at home and in the workplace.

The challenge is the risk telemetry coming from end points, including printers, is growing by the day. Consequently, we will see institutions concentrate investments on solutions and services delivery that provide functional intelligence rather than merely delivering more security data.

Tackling increasing threats

This year, organisations must be intentional with their security approaches. Often, security glitches start at the endpoint, hence, by embedding protection in these devices, businesses can lessen the burden on their security unit.

Regardless of the threats institutions face in 2023, it is apparent that the tactics we deploy to protect devices and data has to change.

The key consideration here is strategic resource allocation, and the security teams need to recognise the specific areas of the business that are most susceptible to threats, and that would be most impacted in the event of a breach.

It is also vital to have a layered approach to security which will allow institutions to execute isolation, gain actionable intelligence, isolation and more, whilst helping to lessen their attack surface and maintain safety of key data.

Emmanuel Asika is Country Head for Nigeria, at HP

 

 


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

E-Business

Kaspersky Reports 15% Growth in Malicious email Attacks in 2025

Published

on

Kindly share this post

According to Kaspersky telemetry, almost every second email – 44.99% of global traffic – was spam in 2025. Spam consists not only of unsolicited emails, but can also include various email threats such as scam, phishing and malware.

In 2025, individuals and corporate users encountered over 144 million malicious and potentially unwanted email attachments, representing a 15% increase compared to the previous year figures.

In 2025, APAC had the largest share of email antivirus detections: it reached 30%, followed by Europe with 21%. Next came Latin America (16%) and the Middle East (15%), Russia and CIS (12%) and Africa (6%). As for individual countries, China had the highest rate of malicious and potentially unwanted email attachments, with the share of email antivirus detections of 14%. Russia ranked second (11%), followed by Mexico (8%), Spain (8%) and Turkey (5%).

Email antivirus detections peaked moderately in June, July and November.

Key trends in email spam and phishing

Kaspersky’s annual analysis has also identified several persistent trends in the email spam and phishing threat landscape that are expected to continue into 2026:

  • Combination of various communication channels. Attackers lure email users into switching to messengers or calling fraudulent phone numbers. For instance, scam investment mailings may redirect victims to fake websites, where they are asked to provide their contact information, and then cybercriminals will follow up with a phone call.
  • Usage of diverse evasion techniques in phishing and malicious emails. Threat actors frequently try to disguise phishing URLs, for example, with the help of link protection services and QR codes. These QR codes are often embedded directly in email bodies or within PDF attachments, which not only conceals phishing links but also encourages users to scan them on mobile devices, potentially exploiting weaker security measures than corporate PCs.
  • Mailings exploiting diverse legitimate platforms. For example, Kaspersky experts discovered a fraudulent tactic that abuses OpenAI’s organisation creation and team invitation features to send spam emails from legitimate OpenAI addresses, potentially tricking users into clicking scam links or dialing fraudulent phone numbers. Additionally, a calendar-based phishing scheme, which originated in the late 2010s, resurfaced last year with a focus on corporate users.
  • Refining tactics in business email compromise (BEC) attacks. In 2025 attackers attempted to become even more persuasive by incorporating fake forwarded emails into their correspondence. These emails lacked thread-index headers or other headers, making it difficult to verify their legitimacy within an email conversation. 

“Email phishing shouldn’t be underestimated. Our report reveals that one in ten business attacks starts with phishing, with a significant proportion being Advanced Persistent Threats (APTs). In 2025, we saw an increase in the sophistication of targeted email attacks. Even the smallest details are meticulously crafted in these malicious campaigns, including the composition of sender addresses and the tailoring of content to real corporate events and processes.

“The commodification of generative AI has significantly amplified this threat, enabling attackers to craft convincing, personalised phishing messages at scale with minimal effort, automatically adapting tone, language and context to specific targets,” comments Roman Dedenok, anti-spam expert at Kaspersky.

 


Kindly share this post
Continue Reading

E-Business

Cybersafe Foundation Partners Google to Strengthen Cybersecurity Among CCIs in Africa

Published

on

Kindly share this post

The Cybersafe Foundation has collaborated with Google in strengthening cybersecurity resilience among Critical Community Institutions across Nigeria, Kenya, Ghana and South Africa with the launch of Resilio Africa.

 

Speaking at the event in Lagos, Confidence Staveley, Executive Director of the Cybersafe Foundation, noted that while many organizations recognize the risks posed by cyber threats, conversations often stall when it comes to implementation.

“Across Africa, Critical Community Institutions are facing an increase in cyberattacks often without the capacity to defend themselves. Sub-Saharan Africa is now experiencing some of the most aggressive cyber activity globally. According to a threat report by Kaspersky, the region recorded over 42 million web attacks and 95 million malware-based, on-device attacks in just the first half of 2025.

“What’s especially concerning is the nature of these attacks: spyware, password stealers, and backdoor tools dominate, with password-stealing malware increasing by more than 60%.

“In East Africa, the scale is even more stark. Kenya alone recorded 2.5 billion cyber-threat events in Q1 2025, driven largely by phishing, mobile money fraud, and misconfigured cloud services,” she stated.

According to her, the primary barrier is not a lack of willingness but limited financial capacity to fund adequate cybersecurity measures.

“The conversation drops off at the point of taking action,” she said, explaining that many institutions lack the budgets required to implement robust security systems.

She disclosed that the programme’s provision of 10,000 hours of expert cybersecurity consultation—offered at no cost to participating institutions would ordinarily represent services valued at over one million dollars. The support, funded through a grant from Google.org, will be delivered by specialists across four participating countries.

Staveley reaffirmed that the Cybersafe Foundation remains a non-profit organization focused on supporting vulnerable communities and institutions, and described Resilio Africa as a strategic intervention aimed at strengthening digital trust across the continent, ensuring that commerce and essential public services can operate securely in an increasingly digital society.

Although the programme currently covers Nigeria, Kenya, Ghana and South Africa, Staveley acknowledged that the cybersecurity challenges extend far beyond those countries, and expressed hope that demonstrated impact from the initial phase would attract additional funding to scale the initiative to more than the 200 critical community institutions currently targeted, including underserved Francophone nations.

“This work is free to the organizations we serve, but it is not free to deliver,” she noted, underscoring the need for sustainable funding.

Explaining her personal motivation, Staveley said she views Africa’s cybersecurity challenges as opportunities for impact. Despite her engagements on global platforms, she emphasized her commitment to Nigeria and the broader African continent, describing the region as both home and a priority.

She pointed to a growing mismatch between rising cyber threats and limited investment in cybersecurity infrastructure, arguing that bridging this gap is central to the Foundation’s mission.

Staveley also clarified that Resilio Africa will not collect or own user data from participating institutions. Instead, the programme will focus on strengthening internal controls, building capacity and guiding organizations toward improved data protection practices.

With Resilio Africa now underway, the Cybersafe Foundation aims to demonstrate how targeted support for critical community institutions can enhance digital security and build long-term resilience across Africa’s rapidly expanding digital economy.


Kindly share this post
Continue Reading

E-Business

Kaspersky Brings more Transparency to Threat Detection with New Hunt Hub

Published

on

Kindly share this post

Kaspersky has announced a major update to its Threat Intelligence Portal (TIP), introducing a new Hunt Hub section alongside an enhanced MITRE ATT&CK coverage map and a significantly expanded vulnerabilities database.

The update strengthens organisations’ ability to investigate threats, understand adversary behaviour, and proactively monitor the most relevant risks across their environments.

According to the Kaspersky Security Bulletin 2025 report, Kaspersky’s detection systems discovered an average of 500,000 malicious files per day in 2025, marking a 7% increase compared to the previous year. As cyberattacks become more sophisticated and frequent, security teams need more than alerts – they need clarity.

The newly launched Hunt Hub is designed to address growing market demand for greater transparency and deeper insight into how modern detection technologies work. Integrated into the Threat Landscape section of the Threat Intelligence Portal, Hunt Hub provides centralised access to Kaspersky’s threat hunting expertise and detection knowledge.

Hunt Hub includes Kaspersky Next EDR Expert hunts, also known as indicators of attack (IoA) or detection rules. All portal users can explore the catalogue of hunts and their descriptions, while Kaspersky Next EDR Expert customers gain extended access to detailed recommendations and detection logic presented in a convenient, SIGMA-like format. Each hunt is mapped to relevant MITRE ATT&CK tactics and techniques and linked to known threat actors, giving analysts clear context behind every detection.

By making detection logic visible and structured, Hunt Hub effectively removes the “black box” from threat detection. It allows security teams not only to respond to alerts, but also to understand why a detection was triggered and which threat it is designed to uncover – improving trust in security technologies and increasing the efficiency of threat investigation processes.

As part of the update, the MITRE ATT&CK coverage map within the Threat Landscape has been significantly enhanced. The portal now brings together product coverage across SIEM, EDR, NDR and Sandbox solutions, MITRE ATT&CK techniques with scoring, coverage percentages, and related Kaspersky Next EDR Expert hunts in a single, unified view. This enables organisations to assess how well their security stack covers relevant attack techniques and identify potential gaps in protection.

The Vulnerabilities section has also been expanded, with the CVE database now covering nearly 300,000 vulnerabilities. In addition, the portal provides more detailed information on vulnerabilities that have been exploited in real-world attacks, helping organisations prioritise remediation efforts based on actual threat activity.

“With the launch of Hunt Hub in the Kaspersky Threat Intelligence Portal, we are opening up our detection expertise and giving analysts clear visibility into how and why threats are detected. This transparency helps organisations move from reactive alert handling to informed threat hunting and proactive risk management,” comments Nikita Nazarov, Head of Threat Exploration at Kaspersky.

 


Kindly share this post
Continue Reading

Trending