spot_img

Zimbabwe faces alarming rise in cyber attacks amid bank hacking

Must Try

Trending

HARARE – Zimbabwe has witnessed a significant surge in cyber attacks in recent months, with local entities, including banks, falling victim to hacking, the country’s Minister of Information Communication Technology, Tatenda Mavetera has revealed.

Addressing the issue at the Cybersecurity Conference in Harare on Thursday morning, Mavetera highlighted the alarming statistics surrounding cybercrime.

According to the 2023 Cybersecurity Ventures report, global cybercrime costs are expected to reach US$10.5 trillion annually by 2025.

In 2022, ransomware attacks increased by 105%, with over 80% of reported security incidents attributed to phishing attacks. The average cost of a data breach soared to US$4.35 million.

Mavetera said the threat is also a local phenomenon, citing recent bank hacks in the country.

“Cybersecurity is not a global phenomenon but it is also a local phenomenon,” she said.

“We have in recent months seen local entities including banks being hacked.

“Many here have had a relative call them about receiving smses asking them to click a link, we have all seen friends, associates or family members posting endless chain messages on social media groups until the number was removed from the group. In short cybersecurity is both a personal and a national threat.”

Mavetera stated that cybercrime is not just a technical issue but a societal challenge requiring a collective response. She urged public-private partnerships, investment in education and training, and strong regulatory frameworks to combat cybercrime.

The former actress cited the importance of collaboration and sharing knowledge to create a robust defense against cyber threats.

As Zimbabwe marks National Cyber Security Awareness Month, the Minister called for collective action, stating, “Cyber Security begins with me, Cyber Security begins with you, Cyber Security begins with all of us.”

Related Articles

RIGA, LATVIA. 15th July 2025. American YouTuber IShowSpeed on Latvian Radio balcony meets with fans. — Photo by gints.ivuskans via DepositPhotos.com

IShowSpeed’s recent Zimbabwe tour exposes how unaffordable internet stifles local creators

0
HARARE - Disparities in mobile data pricing across Africa have come into focus following recent live streams by popular American YouTuber IShowSpeed, with Rwanda recording faster audience uptake than Zimbabwe despite comparable population sizes.
Zimbabwe's Minister of Information Communication Technology (ICT), Tatenda Mavetera (Picture via Facebook - Tatenda Mavetera)

US sanctions likely to obstruct Zimbabwe’s digital monetisation talks with Google, Meta

0
HARARE - Zimbabwe’s efforts to secure direct monetisation for local digital content creators from global technology firms such as Google and Meta are unlikely to succeed under the current sanctions environment, analysts have noted.
U.S. Treasury Department Building, Washington, D.C (Picture via Carol M. Highsmith, Public domain, via Wikimedia Commons)

US Treasury says it was hacked by China as documents stolen in ‘major incident’

0
A Chinese state-sponsored hacker has broken into the US Treasury Department's systems, accessing employee workstations and some unclassified documents, American officials said on Monday.
Zimbabwe's Minister of Information Communication Technology (ICT), Tatenda Mavetera (Picture via Facebook - Tatenda Mavetera)

Zimbabwe’s ICT Minister Mavetera exposed for pretending she has a PhD

9
Zimbabwe's Minister of Information Communication Technology (ICT), Tatenda Mavetera, has come under fire for allegedly misrepresenting her academic qualifications. Mavetera has been using the title "Dr" despite only being a PhD candidate.
ICT Minister Tatenda Mavetera (Picture via Facebook - Tatenda Mavetera)

Zimbabwe’s WhatsApp Group licensing policy sparks outrage: ‘This is absurd!’

0
Zimbabwe's ICT Minister Tatenda Mavetera's announcement that WhatsApp group admins should register and obtain a license from the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), costing from US$50 to US$2500, have sparked outrage.

Don't miss a story

Breaking News straight to your inbox.

No spam just news !

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
- Advertisement -spot_img
- Advertisement -spot_img

Latest Recipes

Latest

More Recipes Like This