Business A.M
No Result
View All Result
Tuesday, March 10, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

Two million Nigerians, S/Africans, Egyptians, others suffer phishing attacks in Q2, say report

by Admin
July 29, 2025
in Technology

By Omobayo Azeez

Africans faced a double whammy in the second quarter of 2020 as they were confronted by cyber-attacks and the coronavirus (COVID-19) pandemic within the period.

The latest report by Kaspersky shows no fewer than two million people suffered from phishing attacks within the period as it detected exactly 2,023,501 phishing attacks in South Africa, Kenya, Egypt, Nigeria, Rwanda and Ethiopia.

It said a number of new tricks have also been found – from HR dismissal emails to attacks disguised as delivery notifications.
The report noted that phishing is one of the oldest and most flexible types of social engineering attacks.

The report read: “They are used in many ways, and for different purposes, to lure unwary users to the site and trick them into entering personal information.

“The latter often includes financial credentials such as bank account passwords or payment card details, or login details for social media accounts. In the wrong hands, this opens doors to various malicious operations, such as money being stolen or corporate networks being compromised. This makes phishing a popular initial infection method.

”South African users have been influenced the most by this type of threat: there were 616,666 phishing attacks detected in 3 months. It was followed by Kenya (514,361), Egypt (492,532), Nigeria (299,426), Rwanda (68,931) and Ethiopia (31,585).”
Kaspersky further described phishing as a strong attack method because it is done at such a large scale.

“By sending massive waves of emails under the name of legitimate institutions or promoting fake pages, malicious users increase their chances of success in their hunt for innocent people’s credentials. The first six months of 2020, however, have shown a new aspect to this well-known form of attack,” the company added.

The latest findings also indicated that phishers increasingly performed targeted attacks, with most of their focus on small companies.

To attract attention, it found that fraudsters forged emails and websites from organisations whose products or services could be purchased by potential victims.

“In the process of making these fake assets, fraudsters often did not even try to make the site appear authentic.
“Such targeted phishing attacks can have serious consequences. Once a fraudster has gained access to an employee’s mailbox, they can use it to carry out further attacks on the company the employee works for, the rest of its staff, or even its contractors,” the report showed.

The firm also realized that the attackers are capitalizing on services that are more required during the pandemic era to create victims among people.

“The new agenda, following the COVID-19 outbreak, has already influenced the “excuses” fraudsters use when asking for personal information.”

This included disguising their communications with unsuspecting users as delivery services, postal services, financial services, human resources services, among other most sought after services during the pandemic era.

 

Admin
Admin
Previous Post

Nigeria bourse maintains bullish stride as investors gain N18.2bn, index gains 14bps

Next Post

Covid-19: Julius Berger donates to Zaria, Kano communities, NIS too

Next Post

Covid-19: Julius Berger donates to Zaria, Kano communities, NIS too

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Hospitality Giant BWH eyes Africa as key growth frontier

Hospitality Giant BWH eyes Africa as key growth frontier

March 10, 2026
Oil climbs as drone attacks slash Kurdistan output 

Oil falls as Trump signals possible end to Middle East war

March 10, 2026
Angel investors driving Africa’s startup resilience amid global headwinds

African startups secure $272m in February, led by debt, equity mega-rounds

March 10, 2026
FCMB lifts half-year profit 23% as digital revenues and asset yields strengthen

FCMB beats recapitalisation deadline with N509bn capital base

March 10, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Hospitality Giant BWH eyes Africa as key growth frontier

Hospitality Giant BWH eyes Africa as key growth frontier

March 10, 2026
Oil climbs as drone attacks slash Kurdistan output 

Oil falls as Trump signals possible end to Middle East war

March 10, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M