. | . |
Africa needs to beef up cyber security urgently: experts By David ESNAULT Abidjan (AFP) Oct 26, 2018 Africa is being increasingly targeted by hackers and must invest in cyber security, industry leaders said at the third Africa Cyber Security Conference closing Friday in Ivory Coast. Although Africa is not a prime target, "cyber threats have no more borders" and data pirates "attack anything that moves", said Michel Bobillier, a leader of IBM's elite security unit, the Tiger Team. "The creativity of these people is very great, they have organisations, real structured ecosystems, with a great deal of money and technology" to launch complex attacks, he said in Abidjan, Ivory Coast's main city. Auguste Diop, managing director of Talentys, an Ivorian company operating in West Africa, said cybercriminals worldwide amassed a staggering 3,000 billion euros ($2,600 billion) in 2015, a sum he expected to double by 2021. Specific figures are unavailable for the African continent, but its banks and telecoms firms are the main target for pirates. They operate by bank fraud and exploiting the new tools for electronic payment, notably money transfers and the payment of bills on mobile phones, which are expanding fast. To take advantage of the growing market for cyber security, Orange CyberDefense -- a subsidary of multinational telecoms operator Orange -- plans to open an hub in Morocco in 2019, with satellites in Tunisia, Ivory Coast and Senegal. "The market for cyber security in Africa will expand from 1.7 billion dollars (1.5 billion euros) in 2017 to more than 2.5 billion in 2020," forecast Michel Van den Berghe, managing director of Orange CyberDefense, speaking to AFP by phone. "Cybercrime could destroy confidence in the development of digital technology," he warned, calling for measures to "reassure companies that wish to invest in Africa". - 'Change mindsets' - Attacks using ransomware - in which hackers use a malware virus to infiltrate a computer and encrypt data, then proposing to provide a coded key to "unlock" the data on payment of a ransom -- have "doubled in a year", Van den Berghe says. In Africa, attacks have gone up by "20 or 30 percent" over that period. "Everyone is threatened" in Africa, notably by data theft from individuals, companies and governments, according to Diop. "Africa is lagging behind, digital security is in its infancy," he said, though he noted that nations such as Kenya and South Africa are "more mature zones". "Cyber defence can weigh heavy on budgets, but cyber attacks cost a whole lot more dearly to companies," Bobillier said. For Visa's regional bureau in Abidjan, covering 18 countries in West and Central Africa, "each attack costs an average of 1.2 million dollars," mainly in lost income, said risk manager Lawal Aribidesi, who did not specify the number of attacks. "The challenge is to change mindsets, to bring the culture of security to business," said Boukary Ouedraogo, managing director of Atos Afrique de l'Ouest, the regional subsidiary of one of the world's main digital services firms. "As a latecomer to digital technology, Africa can turn its handicap into an advantage by avoiding the errors made in cyber security by Europe and America," Diop suggested. de/pgf/nb/ach
Apple chief pushes for US privacy law to stop 'weaponizing' data Brussels (AFP) Oct 24, 2018 Apple CEO Tim Cook on Wednesday said the United States needed a federal privacy law because personal information was being "weaponized" by companies against internet users to boost profits. "We at Apple are in full support of a comprehensive federal privacy law in the United States," Cook told a conference in Brussels. Gossip, he said, had become a lucrative trade for the internet giants. "Today that trade has exploded into a data industrial complex. Our own information, from the everyday to ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |