, NAIROBI, Kenya, Aug 5 – Blockchain, artificial intelligence and big data are among technology that can be used to boost cyber security in companies and government.
This is according to the Capital Markets Soundness second quarter 2019 report which also includes cloud and robotic process automation as additional ways of taming cyber threats.
For instance, sequential hashing and cryptography in blockchain systems, along with decentralized structure has made it impossible for a party to alter any data on the ledger, thus protecting client data and trade information.
For Artificial intelligence, algorithms help in fast detection of threats and limiting their spread by identifying outliers from normal patterns.
The report recommends for substantial investment in the prevention of cyber security attacks at the firm level and the national level.
In May, a report by cyber security firm Serianu put the cost of cyber crime in Kenya at Sh30 billion in 2018.
Currently, only 1700 cyber security skilled professionals are certified in Kenya with 60 percent of…
