cybersecurity - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Obonyo raises alarm over increased cybersecurity attacks in Saccos

Sacco ReviewAugust 16, 2023August 16, 202302 mins

Commissioner for Cooperatives David Obonyo has raised concern over the threats posed by cyber-related crimes in Sacco operations. Obonyo lamented that criminal activities that target users through computers and phones have been on the increase in the Saccos. “This challenge is more prominent in Saccos that are financially struggling and those that are suffering from…

CA raises alarm over increased cybersecurity attacks

Sacco ReviewAugust 14, 2023August 15, 202303 mins

The Communications Authority of Kenya (CA) has raised concern over the high number of cyber security attacks, which rose from 7.7 million in 2018 to 444 million in 2023. Speaking in Kisumu during the awards ceremony of the Kisumu edition of the Authority’s cyber security bootcamp and hackathon series 2023, Internal Audit Director Rosalid Muriithi…

Saccos invest more on cybersecurity, says new report

Sacco ReviewOctober 15, 2022October 15, 202209 mins

By Roy Hezron Savings and Credit Co-operatives (Saccos) in the country are increasingly investing more resources in technology and security in efforts to protect members’ funds from cyber criminals, a recent survey report has shown. According to Serianu Ltd, a business consulting firm, the percentage of Saccos that have a cybersecurity strategy improved by 44.7…