Rising cyberthreats loom over Africa’s digitalization push, experts raise concerns
The increasing threat of cybercrime is a growing concern for Africa's push towards digitalization, with cybersecurity experts warning that cybercriminals are exploiting emerging technologies to launch sophisticated attacks. Ransomware remains a primary threat to large and medium-sized businesses, including critical sectors like government and healthcare. South African cybersecurity sector is predicted to grow at a compound annual growth rate of 12.97% between 2023 and 2028. The Acronis Mid-Year Cyberthreats Report 2023 indicates ransomware continues to be a significant threat, affecting various sectors including government and healthcare. The Rectron Summit in South Africa aims to address these challenges and develop effective cyber protection solutions for enterprises. Countries like Nigeria and Kenya also face cyber threats due to their growing internet penetration and digitalization. The event will feature discussions on cyber protection, threat landscapes, cybersecurity skills gap, and the role of AI and ML in cybersecurity. The focus is on preparing for the future of work and home in an age of automation and digitization.
Read more on TechTrends.Africa
