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Businesses need firewalls and cybersecurity insurance policy as well

Kenya's losses to cyber criminals reached Sh3.6 billion in 2022. [iStockphoto]

The sharp rise in cyber breaches by 943.01 per cent between October to December 2023 paints a new 'normal' for businesses of all sizes in Kenya that they must contend with.

According to the 32nd edition of the Cybersecurity Report by the Communication Authority of Kenya, the mind-boggling surge includes sophisticated malwares that target corporate IT systems and social engineering scams that penetrate corporate systems by duping employees to share their logins and passwords online.

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