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NAIROBI, KENYA: Kenya loses close to Sh2 billion every year due to cybercrime. This according to a report released by the Ministry of Information in conjunction with other stakeholders in the ICT sector.
According to the report, in 2013 Banking Fraud Investigations Department (BFID) reported that Sh1.49 billion
was stolen from customers’ accounts between April 2012 and April 2013 through fraudlent schemes hatched by employees.
The report titled: Kenya Cyber security report 2014 also reveals that among the top threats in the Kenyan cyber security landscape , Insiders Threats remain the biggest security issue facing many organisations in the country.
The report which was launched by Joseph Tiampati, Principal Secretary, Ministry of Information and Communication further reveals that terrorists, and other cyber criminals have now turned to Social media networks to carry out their criminal activities.
Other threats highlighted among the top cyber threats in the country include VOIP PBX fraud , Denial of service attacks, Botnet attacks and Cyber espionage.
The report further shows that the number of cyber threat attacks detected in the Kenyan cyberspace in 2013 grew by 108percent to 5.4million attacks compared to 2.6 million attacks detected in 2012.
Tiampati urged Organisations to establish and maintain adaptable security policies, processes, and infrastructure that can be used to coordinate response to ICT security threats.