Cybersecurity - itbusinessdirect

2020 Cybersecurity trends for businesses

December 11, 2019 Dianne Jacobs

Cybersecurity is key in any business because cyber attacks are a daily occurrence and when an organization is breached, millions to even billions of dollars is lost due to lawsuits, fines and loss of revenues and regaining customer trust? Well, that could take years to build back…if ever. Because of this, I believe that one of the biggest trends to impact cybersecurity in the coming year is the growing importance for organizations to view cyber risk as a measure of business risk because cybersecurity is no longer just the responsibility…

Kenyans to rely on new Data Protection Law

December 5, 2019 Dianne Jacobs

The Data Protection Act that came into effect last month is expected to provide a framework for data protection in the country, and help boost privacy of the citizens. Before the Act was passed, Kenya did not have a specific data protection law that regulated the sector, exposing private data of citizens to misuse. The law conceived in 2015 is meant to provide a regulatory provision in the collection, retrieval, processing, storing, use and disclosure of personal data. Under Article 31(c), the Act outlines the right of every person not…

Kenyan Parents Urged to Monitor Children’s online consumption

December 3, 2019 Dianne Jacobs

Now that the children have closed school for the holidays, it is no doubt that some if not most of them will be on their phones chatting and sharing pictures on the different social media platforms and browsing on the internet for what’s new and trendy. Some children as young as 10 years old own phones. This is totally different from how things were in the past. Nowadays children prefer staying indoors and using their phones or playing video games than playing outside. ICT regulator Communications Authority of Kenya (CA)…

Cybercrime Report Tracks Growing Threat of Networked Cybercrime

September 17, 2019

LexisNexis® Risk Solutions today released at the Digital Identity Summit its Cybercrime Report providing a comprehensive view into the shifting global fraud landscape from January 2019 through June 2019. During this period, the LexisNexis® Digital Identity Network® recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the second half of 2018. The report highlights a shift toward networked, cross-organizational and cross-industry fraud, and gives insight into the evolution of bot attacks targeting new accounts in media and e-commerce. Key Findings from the LexisNexis Risk…

Millions of Instagram influencers data scraped and exposed from a Mumbai-based Chtrbox database

May 30, 2019 olivia Craig

TechCruch has detailed massive database leak containing contact information of millions of Instagram influencers, celebrities and brand accounts has been found online. The database, hosted by Amazon Web Services, was left exposed and without a password allowing anyone to look inside. At the time of writing, the database had over 49 million records — but was growing by the hour. From a brief review of the data, each record contained public data scraped from influencer Instagram accounts, including their bio, profile picture, the number of followers they have, if they’re…

Singapore to launch QR based SG-Verify for businesses to perform secure ID verification and data transfer

May 28, 2019 Editor

The Singapore government says it will introduce a tool that enables businesses to verify user identity and transfer data via QR codes, giving them another way to facilitate customer acquisition and visitor registration at events. Called SG-Verify, the new platform is one of several the government has been planning for deployment this year as part of its smart nation efforts. The National Digital Identity (NDI), for instance, would serve as a common digital credential for citizens who transacted with the public sector and businesses. The latter group could tap the…

Google cuts ties with Huawei, to stop licensing its Android OS to the Chinese phone maker

May 20, 2019

Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world. Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates provided by Google, a Google spokesperson said, confirming earlier reporting by Reuters. “We are complying…

Digital now makes up 51% of US advertizing spending – Magna Report

April 8, 2019 Editor

Magna released a bullish assessment and forecast for US ad revenue in 2018 and 2019. The report covers all the major advertising and media categories including both digital and traditional media. Ad sales up, especially digital. Magna says that “net advertising sales” will grow by 6.9 percent this year to reach $207 billion, which is “a new all-time high.” And, for the first time, digital ad revenues surpassed 50 percent of total ad spending in the US. The company said that digital ad revenue in 2018 will reach $106 billion,…

Unregulated digital apps loans, consumer protection among emerging issues that require attention- CBK Kenya Study

April 4, 2019 Editor

The 2019 FinAccess Household Survey report presents results of data collected during October – December 2018 covering 11,000 households across the country. The survey targeted individuals aged 16 years and above, from scientifically selected households, designed to provide significant estimates at the national and regional level and by residence (rural and urban areas). The 2019 survey focussed more on the usage, quality and impact/welfare dimensions of measuring financial inclusion. In addition, the questionnaire incorporated a needs-based framework to the measure the relevance of financial services and products; financial health and…