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Cyber Risks · Unit 42 Palo Alto Networks

That Nigerian Prince Has Evolved His Game

Summary: Unit 42 analyzed 8,400 malware samples and attributed over 500 domains supporting malware activity to roughly 100 unique Nigerian actors or groups, finding these actors have moved beyond traditional 419-style email scams. Malware attacks attributed to them grew from fewer than 100 in July 2014 to a rate of 5,000-8,000 per month, with returns ranging from tens of thousands up to millions of dollars from victim organizations in the past year alone.

Bottom line: Interpol announced on August 1, 2016, the arrest of a Nigerian actor believed responsible for worldwide losses in excess of $60 million, with over $15.4 million originating from just one victim organization - and Unit 42 states these actors now pose a formidable threat to businesses and government organizations worldwide.

Read the original at Unit 42 Palo Alto Networks ↗

Topics
Malware
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