Sign In
  • Africa
  • Trump
  • African
  • Guardian
  • Mail
  • South
logo
  • Home
  • Ghana
  • Africa
  • World
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Health
  • Crime
  • Lifestyle
Reading: Kenya lost $83 million to cybercrime in 2023 and detected 1.1 billion threats from April to June 2024
Share
African News HeraldAfrican News Herald
Font ResizerAa
Search
  • Home
  • Ghana
  • Africa
  • World
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Health
  • Crime
  • Lifestyle
Follow US
© 2024 africanewsherald.com – All Rights Reserved.
African News Herald > Blog > Technology > Kenya lost $83 million to cybercrime in 2023 and detected 1.1 billion threats from April to June 2024
Technology

Kenya lost $83 million to cybercrime in 2023 and detected 1.1 billion threats from April to June 2024

ANH Team
Last updated: October 29, 2024 12:57 am
ANH Team
Share
SHARE

The recent report from the Communications Authority of Kenya has shed light on the alarming rate of cybercrime in the country. According to the findings, Kenya lost a staggering amount of Sh10.71 billion ($83 million) to cybercriminal activities in 2023, making it the second most affected country in Africa after Nigeria.

Businesses and agencies in Kenya reportedly spent an average of Sh561 million ($4.35 million) to recover and restore their services after being targeted by cyberattacks. The National KE-CIRT/CC detected a significant increase in cyber threat events, with 1.1 billion incidents recorded, marking a 16.50% rise from the previous period.

David Mugonyi, the Director General of the authority, highlighted the vulnerabilities in the country’s systems that cybercriminals exploit. These vulnerabilities include the use of insecure Internet of Things (IoT) devices, outdated software, and insecure system configurations. Mugonyi emphasized the importance of implementing localised solutions to address specific cyber threats unique to Kenya and the region.

In response to the escalating cyber threats, the Kenyan government plans to consolidate all cyber control units across ministries and agencies into a single national entity. This initiative will involve amending the National ICT Policy and updating the National Cybersecurity Strategy to combat evolving digital security challenges.

It is worth noting that Kenya launched its National Cybersecurity Strategy (2022-2027) in 2022 to enhance cybersecurity governance, strengthen legal frameworks, build capabilities, mitigate cyber risks and crimes, and foster cooperation at national and international levels. Mugonyi affirmed that the authority is collaborating with local and international partners to enhance the cybersecurity legislative framework and ensure prompt and effective resolution of cybercrime incidents.

See also  Senior citizens hit hard in ₦400 million scam

Overall, the revelations from the report underscore the pressing need for robust cybersecurity measures in Kenya to safeguard businesses, agencies, and individuals from the detrimental impacts of cybercrime. By implementing strategic initiatives and fostering partnerships, the country can fortify its defenses against cyber threats and mitigate financial losses caused by malicious activities.

Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
TAGGED:AprilbillioncybercrimedetectedJuneKenyalostmillionthreats
Share This Article
Twitter Email Copy Link Print
Previous Article 11 Ways To Stop Buying Things You Don’t Need
Next Article Gwamanda likely to be replaced by ATM’s Magwentshu or Amad – The Mail & Guardian
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Best Phone 2024: Top 10 Mobile Phones Today

Need a new phone? The constant influx of new handsets can make it challenging to keep track of what's worth…

November 12, 2024 3 Min Read
14 best trading platforms in Nigeria 

Avatrade is regulated by the Central Bank of Ireland, ASIC in Australia,…

20 Min Read
The fall of Ghana’s NPP and the resurgence of the NDC in the 2024

The 2024 general elections in Ghana marked a seismic shift in the…

8 Min Read

Lifestyle

‘South Africa needs brave men like Mkhwanazi,’ says Moja Love TV boss’ foundation

The Aubrey Tau Foundation has come out in support of…

July 9, 2025

7 reasons Gen Zs choose friends with benefits

With the fast-paced lives of Gen…

July 8, 2025

Discover the Netflix characters setting 2025 fashion trends

Netflix character fashion has become a…

July 8, 2025

Ayanda Thabethe says ‘I do’ in intimate wedding ceremony

TV presenter Ayanda Thabethe recently shared…

July 7, 2025

Upgrade PCs to upgrade security

The Rise of Cybercrime in Africa:…

July 7, 2025

You Might Also Like

Technology

Hugging Face just launched a $299 robot that could disrupt the entire robotics industry

“We are really trying to understand what the best user experience is, and it’s not only about having the robot…

7 Min Read
Health

Trump tax bill exposes the lost clout of the health care lobby

The recent approval of President Trump's tax cut bill by Republicans has sparked concerns within the health care industry, as…

2 Min Read
Technology

South Africa Emerges as Key Market for Leading Pan-African EV Platform EV24.africa

EV24.africa, the first pan-African electric vehicle (EV) marketplace, has quickly become the go-to platform for electric mobility on the continent…

6 Min Read
Technology

Samsung Galaxy Unpacked Live Blog: Real-time updates as new Fold, Flip & Watch launch

Join us live for new Samsung Galaxy phones and wearables At the last Unpacked event in January, Samsung unveiled the…

2 Min Read
logo logo
Facebook Twitter Youtube

About US

Stay informed with the latest news from Africa and around the world. Covering global politics, sports, and technology, our site delivers in-depth analysis, breaking news, and exclusive insights to keep you connected with the stories that matter most.

Top Categories
  • Africa
  • Business
  • Entertainment
  • Sports
Usefull Links
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2024 africanewsherald.com –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?