Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Kenya Calls for Boost in Cybersecurity

September 10, 2024
Reading Time: 2 mins read
in News
Kenya Calls for Boost in Cybersecurity

Kenya has recently issued a strong appeal to East African governments to significantly increase investment in cybersecurity, aiming to safeguard Savings and Credit Cooperatives (SACCOs) from a rising wave of cyber threats. This call was highlighted during a forum in Nairobi, where Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs), Wycliffe Oparanya, underscored the critical need for enhanced cybersecurity measures. Represented by Principal Secretary Susan Mang’eli, Oparanya’s speech emphasized the necessity of implementing comprehensive national cybersecurity strategies and fostering collaboration with both local and international stakeholders.

The forum focused specifically on SACCOs, which are essential to the financial ecosystem in East Africa. Mang’eli articulated the need for increased awareness and capacity-building initiatives, as well as the development of early warning systems to detect and mitigate cyber threats. The creation of tailored cybersecurity policies, laws, and regulations for SACCOs is deemed crucial, given their heavy reliance on digital platforms and their susceptibility to cyberattacks.

SACCOs play a significant role in the region’s financial landscape, offering services to individuals who might not have access to traditional banking. They are instrumental in providing credit to low-income earners, small-business owners, and rural communities without requiring collateral. In Kenya, SACCOs contribute approximately 30 percent to national housing savings and 40 percent to the country’s Gross Domestic Product (GDP). Similarly, in Tanzania, cooperatives including SACCOs contribute around 40 percent to GDP and are vital for employment opportunities, particularly for young individuals in rural areas.

The urgency for enhanced cybersecurity investment is part of a broader regional push, reflecting the accelerating digital transformation across East Africa. Kenya advocates for the establishment of a public key infrastructure and intensified research and development in cybersecurity to specifically bolster SACCOs’ protection and operational resilience. Strengthening cybersecurity measures is essential for ensuring that SACCOs continue to provide crucial financial services, thereby supporting economic development and stability throughout the region.

Reference:

  • Kenya Urges East African Governments to Invest in Cybersecurity
Tags: AfricaCyber NewsCyber News 2024Cyber threatsCybersecurityEast African governmentsInvestmentsKenyaMSMESeptember 2024
ADVERTISEMENT

Related Posts

UK Cyber Talent Demand High With Skills Gap

Japan enacts a new Cyberdefense Law

May 19, 2025
UK Cyber Talent Demand High With Skills Gap

Hackers Net $1M For ZeroDay Flaws at Pwn2Own

May 19, 2025
UK Cyber Talent Demand High With Skills Gap

UK Cyber Talent Demand High With Skills Gap

May 19, 2025
Lawmakers Urge Cyber Bill Renewal Soon

Lawmakers Urge Cyber Bill Renewal Soon

May 16, 2025
Lawmakers Urge Cyber Bill Renewal Soon

US Charges 12 More in $230M Crypto Theft

May 16, 2025
Lawmakers Urge Cyber Bill Renewal Soon

Proofpoint to Acquire Hornetsecurity

May 16, 2025

Latest Alerts

Mozilla Urgent Firefox Patch Fixes RCE Flaws

ModiLoader Malware Targets Windows Users

Glibc Flaw Gives Linux Root Access Risk

Fileless Remcos RAT Delivery Via LNK Files

FBI Warns of AI Voice Phishing Scams

APT28 RoundPress Webmail Hack Steals Emails

Subscribe to our newsletter

    Latest Incidents

    Massive DDoS Hits Poland’s Civic Platform

    Arla Plant Cyberattack Halts Operations

    Georgia’s Harbin Clinic Hit by Data Breach

    Hackers Target Swiss Reserve Power Plant

    Coinbase Insider Attack Exposed User Data

    Cyberattack Hits J Batista Group

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial