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Cyber crimes a big threat to ill-prepared firms

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Cyber security experts have urged firms to increase training on cyber security professional in a move to deal with cyber-crimes. Speaking during the 6th edition of the AfricaHackOn cyber security conference at USIU-Africa, the experts projected an increase in cyber-attacks.

There are projections that cyber crimes will rise in the future thus compromising clients’ and companies’ sensitive data and information. Tackling emerging trends will require personnel who are knowledgeable on big data analytics, software engineering, Artificial intelligence, and information security.

In a statement released last month, Communication Authority (CA) said that in the first quarter of 2019 Kenyan organizations encountered 11.2 million cyber threats, a 10.1 percent jump from the previous quarter.

Moreover, CA’s report identified growing cases of malware, web application attacks, and online abuse. In addition, cyber crime costs in Kenya jumped from $150 million (KSh15.5 billion) in 2015 to $175 million (KSh18 billion) in 2016.



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