Econet Wireless Zimbabwe CEO Douglas Mboweni has urged Zimbabweans to invest in mechanisms that prevent cyber security breaches alluding the fact that all internet users should be aware and cautious of what they post on the internet, taking into cognizance the rise in cyber crimes in the digital age.
20% of the world’s risks are cyber security issues and companies and individuals in Africa have lost US$3.5billion,
A security breach is any incident that results in unauthorized access of data, applications, services, networks and/or devices by bypassing their underlying security mechanisms.
Speaking on the second day of the National Cyber Security Awareness Week, Mr Mboweni said that in any case where a user uses a functional system that can process input and give out an output is can be exposed and investment is a prerequisite in awareness.
“A cloud is bank of computers somewhere being administered by human beings, and as long as someone has access to that database then you are exposed,” he said.
” 90% of Africans operates below the security datum line, which exposes organisations and individuals as they become prone to cyber attacks, Africa has been reluctant in investing in fighting Cyber Crime,”
He went on to say that Econet has invested in mechanisms that will protect the infrastructure, networks, mobile devices and home security systems.
“Econet has since introduced the ‘Be Tech Smart, Stay Alert Initiative’ to augment and assist the government in raising awareness.” he said
Reserve Bank of Zimbabwe statistics on value of transactions have increased by 29.63% and 96% of transactions done electronically. The increase in these numbers have called for stakeholders to raise awareness of potential cyber threats and how a user can avoid them must be a crucial part of any cyber security strategy.