Africa faces rising ransomware threat, warns Kaspersky

The INTERPOL head highlighted that rapid advancements in digital technology have also led to an increase in internet-enabled financial crimes.

The telco said any comments shared on the account do not represent the views of its chairman, and it is taking the required steps to resolve this.

A new report highlights Kenya, Nigeria and South Africa in particular as being hotspots for DDoS attacks within the financial sector.

According to Cameroonian authorities, hackers deceive potential victims into believing they will profit handsomely from investing in counterfeit cryptocurrency.

Security experts say if a phisher gains access to a Gmail account, they can potentially access several services, making it a popular target.

Criminals are creating phishing email subject lines that appear genuine and convincing, according to security experts.

Marnie Wilking, the company's online safety executive, is quoted as saying  scams had increased by 500 to 900% during the last 18 months.

Research shows that one in three corporate employees on the continent is vulnerable to cyber crimes.

The legislative panel reviewing the draft law, to govern the use of social media and cyberspace, adopted the articles determining cybercrimes earlier this week.

Authorities met with university chancellors and rectors to examine how universities can combat student involvement in cybercrime.

The company says it is responding to a series of high-profile business email compromise cases, in which cyber criminals intercept a property sale and redirect the buyer’s funds to their own account.