News and Analysis

Cyber attackers are using businesses in developing countries like Africa, Asia, and South America as testing grounds for their latest ransomware before targeting wealthier countries with more sophisticated security systems, a report by cybersecurity firm Performanta claims. The “staging ground” tactic is said to be successful due to less awareness of cybersecurity in these countries. The report highlighted recent targets including a Senegalese bank and a tax firm in Colombia, part of the “dry runs” undertaken by the hackers.