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International

Africa loses $2 billion in cyber attacks: Report

January 05, 2017 Reprints

A report by Kenya-based information technology firm Serianu Ltd. and Kenyan university United States International University – Africa has said that African nations lost at least $2 billion to cyber attacks in 2016, Geeskaafrika reports. Kenya recorded the most losses at $171 million, while Tanzania lost $85 million and Uganda $35 million. The report found that banks were most at risk, followed by utilities, e-commerce, hospitality and telecommunications.

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Africa loses $2 billion in cyber attacks: Report

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