Privacy and Data Protection Policy Bill 2018- Kenya

Executive Summary The recognition of the privacy as a fundamental human right, especially due to an increased advancement in the ICT sector both locally and internationally, has led to the formulation of the Data Protection framework in Kenya. The policy is meant to safeguard the Personal Data Collected by both public and private sectors Purpose […]

The Sacco Supervision Annual Report 2017 – Focus on Technology

EXECUTIVE SUMMARY The Sacco Societies Regulatory Authority (SASRA) has released its annual supervisory report for the SACCO sector in 2017. SASRA has the authority to supervise deposit-taking SACCOs. We shall focus mainly on technology specific elements in this report after giving a highlight of the performance. In the year 2017, the total number licensed SACCOs […]

Kasperskey IT Threat Evolution Q2 2018

Summary Kaspersky 2018 Q2 Threat statistics have been released. Kaspersky has reported the workings of Operations Parliament a cyber-espionage campaign aimed at high-profile legislative, executive and judicial organizations around the world. These attackers target, parliaments, senates, top state offices and officials, political science scholars, military and intelligence agencies, ministries, media outlets, research centres, election commissions, […]

GUIDELINE NOTE ON CYBERSECURITY FOR PSPs

Executive Summary. As the cybersecurity challenge continues to affect many financial institutions, Central Bank of Kenya has now moved on to issue guidelines for Payment Service Providers (PSPs) barely a year after issuing one for the Banking sector. This guidelines is still in draft and the public and related stakeholders are required to give their […]

WHY COMPANIES SHOULD CARRY OUT SYSTEM AUDIT

Many organizations across the globe, regardless of size or scope of operations have realized the importance of using technology, they have invested in information systems to aid them in their normal operations. Management should, therefore, ensure that the system is accurate, reliable and invulnerable to Cyberattacks. The importance of information Security audit ensures, Confidentiality, Integrity, […]

Bank Supervision Report 2017, on Cybersecurity

Executive Summary Technology and cyber risk was highlighted as one of the top three risks for the banking sector in addition to credit risk and liquidity risk. In order to address the risks posed to business continuity and the associated reputational risk arising from the increasing digitization of financial services, CBK issued a Guidance Note on […]

THE COMPUTER MISUSE AND CYBERCRIMES ACT, 2018

  The Computer Misuse and Cybercrimes Act has been assented to by President Uhuru Kenyatta on 16th May 2018. It provides various offenses relating to computer systems. This is with the objective of enable timely and effective, prevention, detection, prohibition, response, investigation and prosecution of computer and cybercrimes. The act further provides a means for […]