Andrew
Online Reporter
ZIMBABWE should boost investments into cyber security due to increased inter-connectivity, an expert has said.
Growing use of digital technologies poses serious threats to businesses, especially in the financial services sector.
Cyber-crimes such as phishing and bankcard cloning are on the rise.
Liquid Intelligent Technologies regional chief executive officer for Southern Africa, Mr Wellington Makamure, said cyber-security should be a priority for all businesses.
“In our ever-increasingly connected world, cyber security should be at the centre of every conversation. Protection from online threats should be top-of-mind,” said Mr Makamure.
“The continent boasts rapidly growing mobile and internet networks. On top of that, online financial services are used more widely in Africa than anywhere else in the world – this is particularly true in Zimbabwe, where 96 percent of all financial transactions are conducted online.”
According to the Cyber Security Report 2021 – which highlighted the state of cyber threats in Kenya, South Africa and Zimbabwe – the most common cyber-security threats cited were malware, web-application attacks, email phishing and impersonation, identity theft, data breaches and denial of services.
Online Reporter