Mobile Money Revolution Rises Cyber Security Risk In Africa

From: AFK Insider

By Kevin Mwanza

Africa is celebrated as the birth place of mobile money revolution, piloting the initiative that has seen more people come into the financial fold in many countries in the region and front running developed nations with much advanced form of financial inclusion.

But the mobile money revolution that the continent is experiencing comes with unprecedented cyber security challenges. Unlike other technological challenges that Africa imports from other developed regions of the world, mobile money challenges are unique and do not have any copy-paste solutions.

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Serianu, a Kenyan based business data analysis and protection firm, together with Telecommunications Service Providers Association of Kenya (TESPOK) launched Kenya’s cyber security report 2014 on Wednesday.

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