KENYA:The banking industry is the most affected by cybercrime.

bmalale

Senior Member
Mar 30, 2011
466
24
Something to ponder on.. looks like Kenya is ready to combat cybercrime... I wonder how our TCRA and Ministry of Sci& Tech is performing?


'....Amid revelations that Kenya could lose up to US$23 million this year through cybercrime, the Kenyan government has announced its
support for the ratification of the African Union (AU) convention on the establishment of a credible legal framework for cybersecurity in
Africa.

According to cybercrime statistics released by Fred Matiangi, the Kenyan cabinet secretary for information and communication
technology (ICT), the banking industry is the most affected by cybercrime.

As more Africans use the Internet for their banking needs, the number of fraudsters eyeing online financial transactions has also
multiplied. The Kenyan government statistics indicate that on a daily basis, close to 1,000 Kenyans fall victim to Internet fraud......'

To read the complete article see:
[h=3]Kenya, bracing for $23 million in online fraud, to support African cybercrime [/h]
 
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