Digitalisation appears to be unstoppable; driven by the rising popularity of online and mobile service channels; cheaper cost of data storage and the growing demand for connected devices
Nowhere in the world is this expansion in the digital economy more rapid than in Africa. The use of digital payments or mobile-money more is now a way of life in many sub Saharan African nations
According to the latest GSMA Mobile Money industry report, over US$ 1.9Bn worth of transactions are processed via digital / mobile money platforms every single day; and Africa accounts for a growing share of that. The global threat of cybercrime is increasing every single year; and is estimated to exceed US$6 Trillions annually. With the COVID-19 pandemic came a rapid transition to remote-working methods. And with this came a rise in the opportunities for cybercriminals to launch more attacks on untrained staff.
