[kictanet] Kenya lost Sh15bn through cybercrime last year

Kenyan firms lost Sh15 billion through cybercrime last year, with the public sector being the most affected, a new report says. The report states that despite efforts by the government to fight cybercrime, Kenya is still ill-equipped.Mechanisms for successfully fighting, tracking and calculating cybercrime losses are not well established, the report says.It notes that most attacks are committed by staff and are very sophisticated, taking at least 120 days to detect.Other common attacks are telecommunications threats, social media, online and mobile banking, mobile money fraud and cyber espionage. http://www.nation.co.ke/business/Kenya-lost-Sh15bn-through-cybercrime-last-y...