Sharp Daily
No Result
View All Result
Thursday, September 18, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya Records Surging Cases of Cybercrime – KNBS

Dennis Otsieno by Dennis Otsieno
May 10, 2023
in News
Reading Time: 2 mins read
Cyber Security for companies

Cybercrime in Kenya is on the rise with an average of one million online crimes reported every day, according to the recently released Economic Survey 2023.

These online attacks are threatening the well-being of business and individuals in the country. The numbers are projected to rise further as documented in KNBS 2023 report, attributable to the sophisticated and dynamic nature of cyber threats.

The renewed threats have increased the demand for technology based courses with a study on the net job market, revealing a spike in demand for training in web development, cyberattack, and design.

Kaspersky’s Digital Footprint Intelligence (DFI) study revealed that those who sign up for training learn how to generate malware and phishing pages, infiltrate corporate infrastructure, and hack firms’ web and mobile applications, among other talents that cost businesses millions of dollars.

RELATEDPOSTS

How Kenyan banks can bridge the cybersecurity talent gap

June 25, 2025

CBK announces plan to increase capital requirements for Commercial Banks

April 13, 2024

Read: Kenya’s New Cyber Shujaa Program Targets To Train 2,000 Youth As Cybersecurity Experts

Data from the Economic Survey show that in the period under review, system vulnerabilities increased significantly from 58 million in 2021 to 452.4 million in 2022, highlighting the pressing need for organisations to prioritise security patching and risk mitigation strategies.

On the contrary, increased investment in web application security and greater awareness of potential threats saw attacks on web application declined from 7.0 million in 2021 to 1.0 million in 2022

Unemployment, lack of integrity, shortage of technical skills, and easy access to IT tools are some of the reasons behind the rise in demand for net skills.

Despite having reduced from 181.9 million to 163.9 million, malware was still the leading threat in Kenya.

A malware is a software designed with the intention of damaging services, stealing data.

Botnet also known as a distributed denial-of-service (DDoS) came second with 82.7 million attempts, a drop from 92.1 million in 2021.

DDoS are attacks that occurs when multiple systems flood the bandwidth or resources of a targeted system, usually one or more web servers.

Web application attacks came a distant third with one million attempts down from seven million in 2021.

Kabarak University have been the latest victim of cybercriminals.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Parliament Questions Treasury Over Kshs 9.9 Billion KPLC Loan

Next Post

Safaricom’s Plan to Launch M-Pesa Services in Ethiopia Completed

Dennis Otsieno

Dennis Otsieno

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Sustainable mixed-use developments in Kenya

September 17, 2025

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024