Zimbabwe has received $400,000 from the International Telecommunications Union to boost Cyber Security in the country. This was after the World Savings and Retail Banking Institute’s Africa Regional Group Meeting hosted last week in Vic Falls. The money is aimed at curbing cybersecurity threats.
“Very soon we will set up a computer institute research committee which will have a national approach on how to respond to cyber threats. We are working with ITU which has offered $400,000 towards this project and setting up of the committee.” – Alfred Marisa, POTRAZ’s Deputy Director General.
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Although, details regarding the committee have not yet been disclosed, steps have been taken towards cybercrime over the past few years. Last year, there were over 150 cases of card cloning reported, and there have already been a few high-profile cases with no signs of a slow down on the horizon.
Prior to this fund, the police force was not able to help victims of cyber-security infringements since they don’t have adequate resources or training for that kind of tasks. Bank at the end of last month had to submit a cyber security as a preventive action. Banks are also supposed to be issuing out EMV compliant cards which are harder to clone, hence, a safer option for prevention.
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