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Kenya losing billions to cybercrime

27 November 2013, 11:49

Nairobi - The country will lose an estimated KSh 2 billion (about US$23 million) this year through cyber crime, a senior government official has projected.

Information, Communication and Technology Cabinet Secretary, Fred Matiangi, released the statistics during a conference that brought together stakeholders from the information and communication technology sector and the Communication Commission of Kenya(CCK) in Nairobi.

“It is estimated that Kenya will by the end of this year lose nearly KES 2 billion (US$22,988,506) through fraud associated with all forms of cyber crime,” said Matiangi during the session.

The statistics further indicated that close to 1 000 Kenyans fall victim to internet fraud on daily basis.

The research listed the banking industry as the most affected by the vice.

Crimes committed via the internet include swindling unsuspecting individuals by way of taking their ATM card numbers while taking their personal information online, circulation of pornographic materials, and tainting individuals’ names.

Stakeholders at the meeting said that the Common Market for East and Southern Africa (COMESA) must work closely with judiciaries in the region to ensure reinforcement of laws guarding against the cyber crime.

However, they raised hope of curbing cyber crime considering the intensive training judicial and law enforcement officers have been taken through.

CCK has established the National Cyber Security Steering Community (NCSSC) that comprises of various actors in a bid to improve on the fight against the vice in the country.


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