Deeper Internet penetration and growing mobile-based products have exposed Kenyan companies to bigger threats of cybercrime, experts at audit and consult firm Ernst & Young (EY) say.
Kenyan firms are increasingly investing in mobile and digital innovations as an efficient and cost-effective way of reaching customers, buoyed by rising Internet penetration. Internet penetration, largely driven by use of smartphones, stood at 65.8 per cent, or 29.4 million subscriptions in June, latest data from Communications Authority of Kenya shows.