Check Point Software’s December 2024 Global Threat Index indicates Ethiopia as the most attacked African nation, with eight countries in the top 20. The rise of ransomware, particularly from the group FunkSec, highlights the growing sophistication of cyber threats. FakeUpdates remains the leading global malware, stressing the need for enhanced cybersecurity measures across organizations.
According to Check Point Software Technologies’ Global Threat Index for December 2024, cybercrime sophistication continues to rise in Africa, with eight countries identified in the top 20 most attacked regions. Ethiopia ranks first with a Normalised Risk Index of 98.2%, highlighting its vulnerability.
The following African countries are among the top 20 most targeted: Uganda is 8th with a Normalised Risk Index of 68.2; Angola follows at 9th with 66.2; Ghana is in 11th place with 62.7; and Nigeria is 13th with 62.3. Notably, Kenya has moved from 20th to 17th position, whereas Mozambique ranks 18th, and Cote d’Ivoire rounds out the list at 20th with a score of 55.6.
The December report indicates a shift towards ransomware threats, particularly from FunkSec, a prominent ransomware-as-a-service operator employing Artificial Intelligence. FunkSec has become a leading force among double-extortion groups, claiming responsibility for 14% of attacks in December, although many of its assertions lack verification.
In addition to FunkSec, the malware family FakeUpdates persists as the predominant global threat, impacting 5% of organizations, with AgentTesla and Androxgh0st affecting 3% each. FakeUpdates, also termed SocGholish, functions as a downloader, while AgentTesla focuses on capturing sensitive credentials.
Maya Horowitz, Vice President of Research at Check Point Software, emphasized the need for proactive cybersecurity strategies. She stated, “The latest trends in cybercrime underscore the importance of vigilance and innovation in cybersecurity. Organizations must leverage advanced threat prevention measures to protect themselves against the evolving landscape of sophisticated attacks.”
The report from Check Point Software Technologies provides critical insights into cybersecurity threats targeting African nations. With the rise in cybercriminal activities, the ranking highlights the urgent need for enhanced cybersecurity measures, especially as advanced technologies are increasingly utilized by attackers. This documentation serves as a wake-up call for both organizations and governments to address and mitigate the risks associated with cyber threats.
In summary, the Global Threat Index issued by Check Point Software reveals a concerning trend in cyber threats across Africa, particularly emphasizing Ethiopia’s high-risk status. With the emergence of sophisticated ransomware threats and prevalent malware such as FakeUpdates, there is an urgent necessity for organizations to strengthen their cybersecurity frameworks to safeguard against these evolving risks.
Original Source: www.intelligentcio.com
