Monthly Archives: April 2017

27 04, 2017

Cyber crime, data breaches to cost businesses US$8 trillion thru 2022

By | April 27th, 2017|Conference|0 Comments

It’s a couple of trillion less than the current 2017 US deficit, showing just how severe the cost of cyber crime is to business globally. Today’s US deficit is US $20 trillion, but just under half that figure is what businesses will have to pay for cyber crime and data breaches over the next five [...]

14 04, 2017

Kenya worst hit in East Africa by Cyber Crime

By | April 14th, 2017|Conference|0 Comments

NAIROBI, KENYA: 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. Speaking during the Connected Summit 2017, Cisco Regional General Manager, David Bunei said the increasing use of cyberspace and [...]