Dell Technologies has stated that cyberattacks in Africa grew by 600 per cent in last two years.
According to the firm, in its latest report titled ‘Keep Your Business Cyber Safe’, 90 per cent of business on the continent is operating without necessary cybersecurity protocols.
It said, “$4bn is lost annually to cybercrime in Africa. 52 per cent of companies in Africa believed that they were unprepared to handle a large scale cyberattack. 88 per cent of all data breaches are caused by an employee mistake.”
Dell stated that a cybersecurity attack occurred every 11 seconds during the period under review.
In 2020 alone, ransomware impacted a significant 61 percent of companies in the region.
The firm revealed its report when it collaborated with CWG and Mistumi to host the ‘Tech-Driven Future: Building Tomorrow’s Innovations,’ event.
It stated that the event featured a dynamic programme of keynote speeches, thought-provoking panel discussions, live demos, exhibitions, and networking opportunities.
The Chief Operating Officer at CWG, Afolabi Sobande, said, “We are delighted with the success of the ‘Tech-Driven Future: Building Tomorrow’s Innovations’ event.”
“The partnership between CWG, Dell Technologies, and Mitsumi has truly brought together the best of expertise and resources to create an exceptional platform for thought leadership, knowledge sharing, and collaboration.”
A statement from the event added, “Throughout the day, industry experts led engaging panel discussions on topics such as business continuity and disaster recovery, digital transformation, cybersecurity, and artificial intelligence. These discussions provided invaluable insights into navigating the challenges and seizing the opportunities presented by the rapidly evolving technological landscape.”