• PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Monday, August 10, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    A fisherman in Ikot Inua Eyet Community assesses the water depth before heading out to fish. Photo credit - Ntiedo Ekott

    SPECIAL REPORT: As climate change pushes fish into deeper waters, Nigerian coastal fishermen lose livelihoods

    Screenshots of the five websites investigated

    INVESTIGATION: Social media, anonymous websites drive Nigeria’s poorly regulated weight-loss injection market 

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    Image illustration of how scammers use AI for deceptive ads (PHOTO CREDIT: ChatGPT)

    SPECIAL REPORT: Inside AI scam ads exploiting TikTok’s advertising system to defraud Nigerians

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    Umaru Musa Yar'Adua International Airport, Katsina

    Nigeria arrested suspected terrorists returning from Hajj. But several questions are unanswered

    Queue waiting to buy gas at AA Rano Gas station, Uyo, Akwa Ibom State

    SPECIAL REPORT: How soaring cooking gas prices are squeezing Nigerian households, businesses

    Government Day Secondary School, Lassa

    EXCLUSIVE: 36 students still missing after Borno school attack

    A collage of IPOB flag, attacked police station and Simon Ekpa

    SPECIAL REPORT: IPOB-linked attacks, killings reduce since Simon Ekpa’s jailing

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Tinubu signing (PHOTO CREDIT: @officialABAT)

    EDITORIAL: Purging the 2026 budget of its frivolities and graft bazaar

    2027 elections and the high stakes of INEC’s leadership transition, By Samson Itodo

    2027 elections: Seven actions INEC must take to build trust in election results, By Samson Itodo

    The clash between empires and the Kingdom, By Ayo Akerele

    Taking personal responsibility for your desired rest (2), By Ayo Akerele

    Wole Olaoye writes about e-jackasses who are on the prowl.

    When pulpit confronts power, By Wole Olaoye

    Chidi Anselm Odinkalu writes that democracy without voters is the origin of Nigeria’s insecurity crisis.

    Dressing, addressing, and redressing Nigeria’s lawyers and judges, By Chidi Anselm Odinkalu

    Tope Fasua writes that corruption should never define us in Nigeria.

    Etymology as hope for Nigeria: How we can establish unity through anthropology of language, By ‘Tope Fasua

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    A fisherman in Ikot Inua Eyet Community assesses the water depth before heading out to fish. Photo credit - Ntiedo Ekott

    SPECIAL REPORT: As climate change pushes fish into deeper waters, Nigerian coastal fishermen lose livelihoods

    Screenshots of the five websites investigated

    INVESTIGATION: Social media, anonymous websites drive Nigeria’s poorly regulated weight-loss injection market 

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    Image illustration of how scammers use AI for deceptive ads (PHOTO CREDIT: ChatGPT)

    SPECIAL REPORT: Inside AI scam ads exploiting TikTok’s advertising system to defraud Nigerians

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    Umaru Musa Yar'Adua International Airport, Katsina

    Nigeria arrested suspected terrorists returning from Hajj. But several questions are unanswered

    Queue waiting to buy gas at AA Rano Gas station, Uyo, Akwa Ibom State

    SPECIAL REPORT: How soaring cooking gas prices are squeezing Nigerian households, businesses

    Government Day Secondary School, Lassa

    EXCLUSIVE: 36 students still missing after Borno school attack

    A collage of IPOB flag, attacked police station and Simon Ekpa

    SPECIAL REPORT: IPOB-linked attacks, killings reduce since Simon Ekpa’s jailing

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Tinubu signing (PHOTO CREDIT: @officialABAT)

    EDITORIAL: Purging the 2026 budget of its frivolities and graft bazaar

    2027 elections and the high stakes of INEC’s leadership transition, By Samson Itodo

    2027 elections: Seven actions INEC must take to build trust in election results, By Samson Itodo

    The clash between empires and the Kingdom, By Ayo Akerele

    Taking personal responsibility for your desired rest (2), By Ayo Akerele

    Wole Olaoye writes about e-jackasses who are on the prowl.

    When pulpit confronts power, By Wole Olaoye

    Chidi Anselm Odinkalu writes that democracy without voters is the origin of Nigeria’s insecurity crisis.

    Dressing, addressing, and redressing Nigeria’s lawyers and judges, By Chidi Anselm Odinkalu

    Tope Fasua writes that corruption should never define us in Nigeria.

    Etymology as hope for Nigeria: How we can establish unity through anthropology of language, By ‘Tope Fasua

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Nigerians on the street

Nigerians on the street of Lagos

From London to Lagos: Why retailers everywhere must prepare for the next wave of cyberattacks

Recent cyberattacks on major UK retailers like Marks & Spencer and the Co-op aren’t just headline-grabbing stories; they provide a cautionary tale of the evolving threat landscape facing modern retail globally.

byPress Release
July 15, 2025
Reading Time: 3 mins read
0
Google Logo Add us on Google
MTN ADVERT

In April, two of Britain’s biggest retailers got hit by a massive cyberattack by the notorious Scattered Spider group, leading to substantial financial losses, operational disruptions and compromised customer data . M&S suffered losses of £300 million (roughly R7.3 billion) due to the attack, with supply chains affected for weeks. On top of the direct losses, over £1 billion was stripped from the organisation’s market value . Similarly, the Co-op experienced data breaches affecting customers’ personal information, while Harrods reported attempted cyberattacks, but managed to maintain online operations.

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

“These attacks aren’t just about stolen data,” says Anna Collard, SVP of Content Strategy & Evangelist at KnowBe4 Africa. “They took whole systems offline.

FIRST BANK AD Do you live in Ogijo

“In retail, downtime is a critical threat – it affects sales, customer trust, and brand loyalty, instantly.”

A new kind of threat actor

Unlike traditional ransomware gangs, Scattered Spider is decentralised, native English-speaking, and highly adaptive. “Scattered Spider aren’t mere opportunistic hackers,” explains Ms Collard. “They operate more like well-funded, well-organised crime syndicates.”

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

With some members as young as 19, they coordinate their activities on platforms like Discord and Telegram. “They’re agile, patient and disturbingly good at blending in,” she says. Added to this, they have great expertise in human psychology, as showcased during their attacks on Las Vegas casinos in 2023.

PT WHATSAPP CHANNEL

Their primary weapons, therefore, aren’t just digital – they’re human. “They’ve mastered social engineering,” says Ms Collard. “They specialise in exploiting human trust. From vishing (voice phishing) to impersonating internal staff and triggering what’s referred to as ‘MFA fatigue’, they’re skilled manipulators who understand both systems and people.”

MFA fatigue is one of the growing tactics they’re known for, which involves triggering repeated multi-factor authentication (MFA) prompts, hoping the bombarded employees eventually click “approve” just to make the interruptions stop.

“Legacy systems, shadow IT, and poorly enforced policies create entry points. Attackers don’t need to break in if they can just log in.”

Another alleged tactic Scattered Spider used in its latest attacks involved calling IT helpdesks to reset credentials, gaining access to their target’s infrastructure and subsequently deploying a ransomware-as-a-service tool. The outcome? Encrypted systems, stalled operations, and a long road to recovery.

Why Africa should be paying close attention

Retailers across Africa – particularly in South Africa, Nigeria, and Kenya – are digitally transforming at a rapid pace. Cloud-based POS systems, centralised inventory platforms, and data-driven loyalty programmes are now standard. But these digital advancements also expand attack surfaces.

High employee turnover, remote workforces, and under-resourced helpdesks can compound exposure. And while business English is common in South Africa, this linguistic advantage also makes local teams more susceptible to social engineering by fluent English-speaking attackers.

“Our local executives aren’t naïve,” Ms Collard notes. “Many are acutely aware of the risks. What’s needed now is clarity on what really matters – and cutting through the noise.”

ALSO READ: How cyberattacks can sink a business

Pepkor IT’s CISO, Duncan Rae, delivered an insightful talk at the ITWeb Security Summit in May where he warned that cybersecurity teams are often overwhelmed – not just by threats, but by too many competing priorities. Teams are bombarded with shiny, new tools and threat reports spreading fear, uncertainty, and doubt (FUD) which sometimes makes organisations lose sight of the basics, he warned.

“These basics include managing human risk, addressing third-party exposure, and hardening vulnerabilities,” according to Mr Rae.

What needs to change?

Ms Collard points to gaps in access controls, third-party risk management, and cloud security as common weaknesses, not just in the UK, but globally. “Legacy systems, shadow IT, and poorly enforced policies create entry points,” she warns. “Attackers don’t need to break in if they can just log in.”

For African retail leaders, this is a call to fortify the human layer.

“Train your frontline teams, especially in helpdesk and customer support. Teach them to detect manipulation. Make secure behaviour the norm – not the exception.”

Equally important, she says, is embedding cybersecurity into leadership conversations. “Cybersecurity is not just an IT function. It’s a board-level business risk.

“Executives must ask tough questions about readiness, incident response, and accountability.”

From awareness to action

Too often, security training is treated as a box-ticking exercise. Collard urges a more thoughtful approach: “Training must resonate. It should be contextual, culturally relevant, and delivered in local languages where appropriate.”

She challenges business leaders with the following:

  • Could an attacker trick your helpdesk into a password reset?
  • Would your staff recognise a social engineering attempt?
  • Do you test these scenarios regularly?

“If the answer is ‘no’ to any of these, your organisation is vulnerable,” Ms Collard says. “But the good news is that change is possible – and fast – when you start investing in the human element.”

“Cyber resilience is a collective responsibility,” she concludes. “And in an interconnected world, learning from each other’s crises is one of the smartest defences we have.”

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google
Previous Post

What Buhari told me about Tinubu after fuel subsidy removal – Governor Radda

Next Post

Artificial intelligence ushering in transformative era for traditional medicine – Report

Press Release

Press Release

More News

Final score (Credit: NG Super Falcons X Page)

WAFCON 2026: Cameroon end Nigeria’s title defence, seal World Cup ticket

August 9, 2026
BBN Season 11 stars Mercedes and Martins

Martins, Mercedes evicted from BBNaija ‘Show Ya Sef’

August 9, 2026
Daddy Showkey and P-square

‘P-Square destroyed Africa’s biggest music brand’ – Daddy Showkey claims

August 9, 2026
Dignitaries at the inauguration event in Manchester (CREDIT: Tunde Eludini)

Bajju UK, Europe association unveils education, development agenda for Kaduna

August 9, 2026
Governor Ademola Adeleke

#OsunDecides2026: Over 60 Accord Party members in police detention – Adeleke’s campaign organisation

August 9, 2026
Former Big Brother Africa housemate Bayo Okoh

Big Brother Africa ex-housemate Bayo Okoh dies

August 9, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

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

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Casino Uden Rofus
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • Become a PT Insider
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria

Discover more from Premium Times Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading