Sunday, December 22, 2024
33.6 C
Lagos

Kenya Plans $127m Fund to Boost Cyber-security in 2016

According to the 2016 report by International Data Corporation (IDC) relayed by The Nation, government of Kenya increased by 15% its budget for cyber-security.

Indeed, Kshs. 13 billion ($127,400,000) disbursed this year for the fight against cyber criminality. The ramping up of budget falls in line with presidential directive aiming to protect the state’s computer system from any criminal intrusion.

Last October, President Uhuru Kenyatta demanded that all State’s institutions and ministries establish cyber-security divisions coordinated by one authority, so that government is no more vulnerable to cyber threats.

He also requested that ICT ministry elaborates and establish directives for a better management of prices, standards, quality and volume in terms of ICT equipment.

According to IDC’s 2015 cyber-security on Kenya, attacks by hackers have cost Kenya Kshs. 15 billion ($147 million). Asides companies, public sector was most affected.

By boosting cyber-security, Kenya aims to protect its important data and also block any intrusion susceptible to preventing the country from achieving its socio-economic growth goals.

Image credit: uonbr

spot_img
spot_img
spot_img

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

Ogoni Clean-Up: UK Applauds HYPREP Remediation Exercise

The British Deputy High Commissioner to Nigeria, Ms. Gill...

‘NCC Not Disqualifying Nigerians Below 18 From Getting SIM’

The Nigerian Communications Commission (NCC) would like to draw...

Ensure Insurance Targets Retail Business for Market Leadership

Ensure Insurance Plc says it will focus on retail...

Dissecting the Value of Public Relations in CEO Media Performance Audit

  By Philip Odiakose Public relations (PR) is a crucial component of...

COVID-19: How Nigeria Can Prevent More Deaths!

By Rich Lesser CEO Boston Consulting Group In Nigeria, many adults have...

NAICOM, Police Explore Collaboration on Enforcement of Compulsory Insurances

L-R: Mr. Olorundare Sunday Thomas, Commissioner for Insurance/CEO, National...

NIA Raises over N500m for Building Project

Mrs Bola Omole, Controller IT,  Research & Statistics, Chairman...

Stanbic IBTC Pension Managers’ FUZE 3.0 Festival: Set to Light up Lagos on Dec 21

In a spectacular celebration of Nigerian creativity and innovation,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img