Connect with us
Anglostratits

Business

Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023

Published

on

Biometric attacks

Criminals are now advancing across platforms, targeting mobile web, native Android, and native iOS via emulators

JOHANNESBURG, South Africa, March 29, 2023/APO Group/ — 

In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps. This is according to a new biometric threat intelligence report (https://apo-opa.info/3lTfEBa) by iProov. Gur Geva, founder and CEO of iiDENTIFii (https://iiDENTIFii.com/), a premier partner of iProov (https://www.iProov.com/) in Africa, says, “Biometric attacks continue to grow in volume, intensity and sophistication. If we are to successfully combat these risks, we need to uncover and understand the anatomy of biometric attacks.”

As governments and businesses continue to unlock new value and efficiency through digital services, one key challenge remains. Organisations need to be assured that the person on the other side of the screen is human, and are who they claim to be. INTERPOL’s first-ever Global Crime Trend report (https://apo-opa.info/3Khjy02) estimates that over 70 per cent of respondents (all from law enforcement) expect crimes such as ransomware and phishing attacks to increase significantly in the next three to five years. This renders traditional verification technologies such as one-time passwords (OTPs) outdated and a security risk. Biometrics such as iris and retina offer a deeper method of verification but fall short in terms of liveness – they cannot bind a digital identity to a real-world individual in motion. In addition to this, the technology used to capture this biometric data may not always be as accessible or inclusive as required.

Geva says, “We have worked with our local public and private sector partners to champion face-verification authentication in South Africa and beyond.” By scanning their facial features using their smartphone or tablet, individuals can verify their identity.

However, as this space grows, so do the threats to its safety. “Cybercriminals continue to find new, sophisticated ways to intercept this technology. With this in mind, organisations need to remember that not all face verification technologies can keep up with the rapidly changing threat landscape or have the same level of security, resilience and ability to adapt to novel threats.”

Understanding the anatomy of a biometric attack is crucial in helping the public and private sector make decisions based on real-world threat intelligence

Biometric security threats currently fall into two categories: presentation attacks and digital injection attacks. Presentation attacks refer to photos, videos or even masks being held up to a screen to fool the technology into mapping the features of the identity being defrauded. In the case of digital injection attacks, imagery is injected directly into the video stream, either through emulators, hacking tools, or virtual cameras. Geva explains, “In 2022, we witnessed injection attacks occur five times more frequently than persistent presentation attacks across the web. This is because injection attacks are far more scalable than presentation attacks, as they do not require the manual creation of a physical artefact or any physical presentation, but rather the creation of a highly automated attack machine.”

2022 saw dramatic changes in digital injection attacks. Criminals are now advancing across platforms, targeting mobile web, native Android, and native iOS via emulators. With the emergence and growth of sophisticated face swaps, low-skilled criminals now have the means to launch advanced attacks. Threat actors launched motion-based attacks simultaneously and at scale against hundreds of systems globally.

Three types of synthetic injection attacks dominated the threat landscape in 2022: two-dimensional image face swaps, image-to-video deepfakes and video face swaps. The iProov report defines face swaps as “a form of synthetic imagery created using two inputs where a criminal combines traits from one face, such as motion, with the appearance of another face to create a new synthetic 3D video output”. This results in a product that carries the person’s individual facial features “so accurately that the imagery can match their government-issued identification photograph.”

Cybercriminals now have access to publicly available prepacked tools from code depository websites, allowing them to create and launch advanced synthetic attacks with little skill. In addition to this, the Crime-as-a-Service economy enables bad actors to buy, sell, and share attack methods over the dark web. A recent Europol report (https://apo-opa.info/3M0fylS) stated that Deepfakes-as-a-service has led to organisations delivering tailored deepfakes upon request.

Geva concludes, “Understanding the anatomy of a biometric attack is crucial in helping the public and private sector make decisions based on real-world threat intelligence, ensuring technology meets the anticipated threats. The technology organisations use to detect liveness has to be equipped with the latest defence. At iiDENTIFii, our platform is informed by the most recent research into biometric threats.”

Distributed by APO Group on behalf of iiDENTIFii.

Business

Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

Published

on

Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

Continue Reading

Business

ORUN and 1xBET Partner to Support a Dynamic Creative Africa

Published

on

MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

Continue Reading

Business

MIR Holding Reaffirms Its Commitment to African Creative Industries Alongside ORUN at Marché des Arts du Spectacle Africain d’Abidjan (MASA) 2026

Published

on

MIR Holding

More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –On the occasion of MASA 2026, held from April 11 to 18 in Abidjan, MIR Holding (https://MIRHolding.odoo.com) reaffirmed its commitment to supporting the growth of African creative industries by partnering with ORUN as part of the Innovation Village, hosted at the Palais de la Culture in Abidjan. This presence reflects a clear intention to support the scaling of cultural and creative industries so they can fully contribute to job creation and value generation across the continent.

 

Co-organized by ORUN and MASA, the Innovation Village brought together over several days scenography designed by Ivorian artisans, a program of panels and masterclasses dedicated to creative industries, an immersive experience produced by Orun Studios, and a key institutional highlight on April 17.

At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains

Built around three pillars — memory, structure, and transmission — the initiative carried a renewed ambition for culture: positioning it as a concrete lever for economic structuring and African projection.

By supporting this initiative, MIR Holding aligns with a broader dynamic aimed at strengthening connections between creation, entrepreneurship, content, youth, and growth ecosystems. More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures. MIR Holding stands among the main partners of the Village, alongside Africa Currency Network and other stakeholders engaged in this vision.

“With ORUN, we are not only seeking to make culture visible. We aim to help provide it with a framework, a reach, and a trajectory. What is at stake here is the continent’s ability to better transform its creative energy into sustainable value, real opportunities, and influence,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

Mouhamed Dieng, President of MIR Holding, added: “Supporting Africa’s creative industries is not about backing a secondary sector. It is about investing in one of the continent’s most powerful spaces for storytelling, youth, innovation, and competitiveness. At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains.”

Distributed by APO Group on behalf of MIR Holding.

 

Continue Reading

Trending