ICT Africa Headline News

Kenya Loses Billions Annually to Cyber-Attacks - Report

12 June, 2014

Source: Sabahi

 
Cyber-attacks in Kenya have more than doubled over the past year, with the country losing about 2 billion shillings ($22.8 million) annually, according to a report released Wednesday (June 11th).

The Kenya Cyber Security Report 2014, prepared by the Ministry of Information in conjunction with various information and communications technology stakeholders, said there were 5.4 million cyber-attacks detected in 2013, compared with 2.6 million in 2012, Kenya's The Standard reported.

The report revealed that the greatest threats to cyber-security in 2013 were employee fraud, telecommunications threats, online banking, mobile money fraud and cyber-espionage.

The Banking Fraud Investigations Department reported 1.49 billion shillings ($17 million) stolen from customer accounts in 2013 solely through fraudulent schemes carried out by employees, according to the report.

Launching the report, Information Communication and Technology Principal Secretary Joseph Tiampati said criminals, including terrorists, have moved online to commit criminal activity, and he urged organisations to maintain good cyber security systems to guard against attacks.


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