Tag: cyber crime

Cyber attacks in Kenya rose to 11.2 million in first quarter, CA Report

Cyber attacks in Kenya rose to 11.2 million in first quarter, CA Report

Business, Cyber Security
Kenyan organisations were hit by about 11.2 million cyber threats, being a 10.1 percent increase in the number of incidences, in the first three months of 2019 when compared to the previous quarter. This is according to fresh Communications Authority of Kenya (CA) data indicating that its incident response centre detected growing cases of malware, web application attacks, system misconfiguration and online abuse. CA’s cyber intelligence team consequently issued 14,078 cyber threat advisories to the affected organisations, an increase from the 12,138 alerts during the previous period. Cyber security threats are estimated to have cost Kenya’s economy about Sh29.5 billion, a recent report by tech consultancy firm Serianu said. The rise in cyber threats has forced firms, especially
CA Report, Companies Still Use Dumb Passwords, Online Abuse in Kenya Up by 1155%

CA Report, Companies Still Use Dumb Passwords, Online Abuse in Kenya Up by 1155%

Cyber Security
The Communications Authority of Kenya recently released their Q1 2018 Sector Statistics Report and it has some interesting tidbits. First is the section about the National Cyber Threat Landscape. The National KE-CIRT/CC detected over 7.9 million cyber threats, which was a 25% drop compared to the previous quarter. The most interesting tidbit under the various list of cyber threats detected is the rise of online abuse in the time frame the data was collected. According to CA, online abuse has increased by 1155% compared to last quarter (1757 cases vs 140) which is quite significant. During this quarter, the National KE-CIRT/CC validated and escalated 3,488 cases, of which online abuse took the lions share (1737 cases) up from 99 last quarter. This was a 1654.5% increase. According

57 million customer Uber data breach didn’t affect Africa

Startups, Technology
Taxi-hailing company Uber has told ITWeb Africa that a recently surfaced data breach, which the company experienced last year affecting 57 million customers and drivers, only affected the US. The company would not comment or disclose details of measures it is currently taking to ensure the integrity of its systems and security of drivers or riders in Africa. Bloomberg reported that Uber not only kept the security breach secret from the victims, but also paid the hackers US$100,000 to "delete the data [and] keep quiet." Bloomberg quotes Uber as follows: "Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world...The personal information of about 7 million drivers was accessed as well, including some 6...
Companies ought to change their approach to IT security

Companies ought to change their approach to IT security

Cyber Security
Amidst rapidly changing technological realm, opportunities and challenges that the technology provides has become elusive. We are at a crossroads as we move from a society already snarled with the internet to the coming age of automation, Big Data, and the Internet of Things (IoT). But as the society operates largely on technology, it may have gone too far in technology dependence. While it brings greater benefits, by the very nature of the opportunities it presents it becomes a focal point for cybercrime, industrial espionage, and cyberattacks. The current digital business landscape sees many organisations face a myriad of evolving security threats. Based on experiences, companies today tend to spend 80% of their security budgets on trying to prevent security breaches, but only ...
Kenya worst hit in East Africa by cyber crime

Kenya worst hit in East Africa by cyber crime

Cyber Security
Cyber crime has been dubbed “burglary for the 21st Century”  around the globe. But the scale of the crimes which can now be committed means millions of finances can now be stolen at the touch of a button. In East Africa, Kenya recorded the highest losses, $171 million, to cyber criminals. Banks have become the leading target of cybercrime as people increasingly adopt the use of financial technology. According to Serianu’s Cybersecurity Report 2016, African countries lost at least $2 billion in cyberattacks in 2016. Tanzania lost $85 million while Ugandan companies lost $35 million. Over one-third of organisations that experienced a breach in 2016 reported substantial customer, opportunity and revenue loss of more than 20 percent, this according to Cisco 2017 Annual Cybersecurity Report.