Africa’s Economies Feel Pain of Cybersecurity Deficit

August 20, 2024 at 03:04AM Africa’s fast economic growth is hindered by a surge in cybercrime, with weekly cyberattacks on African businesses growing 23% in 2023, the fastest global increase. This poses a significant threat to the continent’s economic development, requiring accelerated cybersecurity skills training. However, existing estimates of cybercrime costs in Africa lack sufficient … Read more

Anti-Fraud Project Boosts Security of African, Asian Financial Systems

March 11, 2024 at 01:37PM The nonprofit launched Tazama, an open source platform providing anti-fraud capabilities to financial systems in Africa, Asia, and the Middle East. Funded by the Linux Foundation and Gates Foundation, it completed pilot projects in Jordan and South Africa and aims to expand, addressing the lack of banking services and low … Read more