Dell Technologies has highlighted a 600% increase in cyberattacks in Africa over the past two years. According to their report titled ‘Keep Your Business Cyber Safe,’ 90% of businesses on the continent lack necessary cybersecurity protocols.
Annually, cybercrime leads to a loss of $4 billion in Africa. The report also reveals that 52% of African companies feel unprepared to handle large-scale cyberattacks, with 88% of data breaches resulting from employee mistakes. Notably, a cybersecurity attack occurs every 11 seconds in the region. In 2020, ransomware impacted 61% of companies. Dell, together with CWG and Mistumi, presented the report during the ‘Tech-Driven Future: Building Tomorrow’s Innovations’ event, which featured engaging keynote speeches, panel discussions, live demos, exhibitions, and networking opportunities.
Afolabi Sobande, the Chief Operating Officer at CWG, expressed satisfaction with the success of the ‘Tech-Driven Future: Building Tomorrow’s Innovations’ event.
The collaboration among CWG, Dell Technologies, and Mitsumi resulted in a remarkable platform for thought leadership, knowledge sharing, and collaboration, combining their expertise and resources.
Throughout the event, industry experts led insightful panel discussions covering critical topics such as business continuity and disaster recovery, digital transformation, cybersecurity, and artificial intelligence. These discussions provided valuable insights into navigating challenges and capitalizing on opportunities in the rapidly evolving technological landscape.