Cyber threats scare Kenyan startups from digital trade

bdcyberattack3

Side view of a hacker using a computer with a digital interface. PHOTO | POOL 

Online safety and steep costs of equipment are among the top factors hindering Kenya's Micro, Small and Medium Enterprises (MSMEs) from shifting operations to the digital space, a new survey shows.

The Digital Economy MSME Report released by the Centre for International Private Enterprise (CIPE) on Thursday says 27 per cent of businesses cited cyber security while 11 per cent singled out costs which include commission payments, transaction charges, delivery charges as well as internet expenditures.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.