Kenya’s fintechs confront cyber-threats as incidents hit 860 million a year

Kenya has witnessed a surge in ransomware attacks targeting organisations of all sizes. 

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Kenya's financial-technology sector has grown over the years but so have cyber criminals, who have devised new tactics that pose a threat to this evolution.

Cyber-attacks are increasingly becoming a constant threat to businesses across the globe particularly in Kenya. The country was ranked 35th most cyber-attacked country globally by Kaspersky in June, with attackers targeting the financial sector and digital infrastructures.

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