The Age Of RaaS.

An October 2024 study claims that certain ransomware gangs seem to be employing African enterprises, which is one reason why RaaS has become so popular in Africa. " The RaaS model allows attackers to focus on high - value target's, such as large corporations or critical Infrastructure providers, where the potential ransom payout is significantly higher, " Singh explains. 

" Cyber attacks on critical Infrastructure remain among the most lucrative for cybercriminals, as these systems provide essential public services, and their disruption can cause significant societal and economic damage." Singh adds that ransomware organizations are also targeting the third-party suppliers of African Companies and Government institutions.In the area, spreading malicious copies of widely used software has grown in popularity as a means of infecting both personal and commercial equipment. 

For instance, a March 2024 hack that targeted members of a well-known discord group contaminated the respiratory and compromised a developer's account, infecting developers with malware that steals information. " These are many of the same threats that affect Global cyber landscape that also affect African developers," he says. " Over the years, threat occurs have demonstrated a broad array of tactics, techniques, and procedures, including hijacking GitHub accounts, malicious Python packages, setting up fake Python infrastructures, and employing Sophisticated social Engineering strategies," Singh continues.

He advices that while pursuing digitalization, African Firms should endeavor to raise the cyber awareness of their staff and Clients and implement safe procedures. The risks presented by hackers will likely only increase, as the Group tensions escalate in the region and internationally, according to Singh. " While Africa may not be a prime target compared to other countries," according to him, " Many Geopolitical factors can influence cyber threat activities, particularly when State-Sponsored actors are involved."