Johan consults limited logo

8 Best Cybersecurity Firm in Kenya

Cybersecurity Firm in Kenya

After a long day at work, you’re all set to wrap things up when suddenly, you get this urgent email letting you know that your company data has been hacked. This means all your customer info, financial records, and internal documents got hacked. This isn’t just a nightmare situation—it happens to Kenyan companies every day. Cybercriminals aren’t slowing down; the more sophisticated their attacks become, the more vulnerable companies are. The worst part is that many companies only take cybersecurity seriously after they’ve been hit, and the damage is already done. The good news now is that you don’t have to wait for bad things to happen. Let’s explore the top cybersecurity firms in Kenya and why they are on this list. Importance of Cyber Security for Businesses Cybersecurity is simply the defense of a device and service against electronic attacks. These attacks often come from unknown sources, such as spammers, hackers, and cybercriminals.  One aspect of today’s digital advancement is that cybersecurity can not be ignored. Any single attempt at a security breach will result in the loss of millions of people’s personal information. Also, when these breaches occur, they have a strong financial impact on companies, which causes customers to lose their trust. Cybersecurity is very important in protecting individuals and businesses from cybercriminals. Learn more about The Importance of Data Security Cyber Security Threats in Kenya Cyber attacks have been on the rise in Kenya, which has had a major effect on corporate operations and damaged client trust in several organizations. Companies of all sizes are at considerable risk from ransomware, cyberterrorism, denial-of-service attacks, malware, and phishing scams. The gravity of the matter is highlighted by a recent report from Kenya’s Communications Authority, which found that in just three months of 2024, over 800 million cyber threat incidents were recorded. The nation is actively attempting to improve its cybersecurity framework, though, and companies are being encouraged to take preventative steps like multi-factor authentication, stronger firewalls, and cybersecurity training for staff.  Companies can secure their operations, preserve consumer data, and restore trust in the digital sphere by keeping up with these risks and putting strong defenses in place. Having talked about the importance of cybersecurity and the cyber threats in Kenya. Let’s take a look at some of the best companies that can help you protect your digital assets from loss, misuse, and people who shouldn’t have access to them. Best Cyber Security Companies in Kenya Kenya has some great cybersecurity firms that are well-known for their skills and dedication to doing a fantastic job.  These companies use the latest technology and top industry practices to provide complete cybersecurity solutions that are customized for the unique needs of businesses and individuals. Let’s take a look at some of the most innovative and leading companies in cybersecurity services: 1. Johan Consults Let us start with one of the leading best cybersecurity in Kenya: Johan Consults, why? Johan Consults has a track record of helping businesses and people deal with cyber threats using their advanced and up-to-date security solutions. Another thing that gives the company the position of one of the leading cybersecurity firms in Kenya is that they have advanced threat detection, penetration testing, and cybersecurity training to secure sensitive data and digital infrastructure.  Also, Johan Consults trains organizations and their workers on how to prevent financial losses and data breaches by offering risk assessments and compliance support. Click here to join our training institute. 2. Crystal Tech Ltd Another best cybersecurity firm in Kenya is Crystal Technologies Limited. They known as one of the top tech companies in Kenya. They offer managed services, network security, vulnerability assessments, penetration testing, and incident response to companies for total safety solutions.  Also, the company puts security first when making its software solutions, payment connection services, and custom mobile apps. They also offer digital storage, server installation, and maintenance services that prioritize top-notch security standards. 3. Serianu Limited Serianu is a highly respected cybersecurity and business consulting firm making a significant impact across Africa. As a leader in cybersecurity, they help organizations protect their information assets from cyber threats while also optimizing their digital security strategies. Their expertise enables businesses to minimize financial risks, prevent data breaches, and enhance overall cybersecurity resilience. By offering tailored solutions, Serianu not only helps companies save money but also empowers them to uncover new growth opportunities in a secure digital environment. With offices in Kenya, Ethiopia, Ghana, Uganda, Nigeria, and beyond, they are committed to strengthening cybersecurity across the continent. 4. Smart People Africa Limited Another cybersecurity firm in Kenya is Smart People Africa Limited. They are a cybersecurity consultancy company that provides top-notch solutions to protect your digital assets. Their firm is capable of handling threat detection, prevention, incidents, and recovery with the help of their strong cybersecurity staff. And they also focus on an effective approach to help your organization stand strong against cyber threats. 5. Enovise Cybersecurity Services & Solutions Another firm on the list is Enovise Kenya, well-known for its cybersecurity services and solutions. They help governments, financial institutions, and telecoms to secure their network infrastructure from cyber threats. Also, they’ve got a team of skilled pros who hustle to keep up with the latest trends. And being able to spot and tackle data vulnerabilities before they catch the eye of cyber attackers. 6. Magtech Solutions Another top cybersecurity firm in Kenya is Magtech Solutions. Magtech Solutions has been among Kenya’s leading cybersecurity companies for over 20 years, helping businesses become more productive, flexible, efficient, and safe. The company is based in Nairobi and works with the biggest brands to provide high-quality services. They have a team of highly skilled workers, including advisors, cloud solutions developers, network engineers, and security trainers. 7. Techmax Solutions Ltd Techmax Solutions is a recognized cyber security consultancy company in Kenya. They focus on offering top-notch cyber threat mitigation solutions to companies in the East African region. Techmax has made a name for itself in the industry with all the experience it brings to the table. They offer data encryption,

Fintech Cybersecurity Risks and How to Mitigate Them

fintech cybersecurity risks

Sure, everyone loves fintechs; they revolutionised the art of transaction-making. Fintech took the world away from the stuffy, brooding, ling-lined nature of traditional banking straight to the fast and easy era of mobile transactions. While the collaboration between the financial and technology industries made life easy, it came with complications. For fintechs to function at all, they need data—large amounts of it.  Although other organisations use data, fintechs need the delicate ones. For every user that opens an account with them, they require sensitive data like BVN, credit card details, name, National Identification Number (NIN), etc. This category of data attracts malicious actors, who in turn use them for crimes like identity theft, financial fraud, etc. This pushed fintech companies to implement cybersecurity systems to lock cybercriminals out and protect their data. Regardless of how challenge-free it sounds, there are several fintech cybersecurity risks, and this blog reveals how to mitigate them. An Overview of Top Fintech Cybersecurity Risks The fintech industry is broad, encompassing B2B to B2C financial technology solutions. Examples of these services include peer-to-peer payments, payment processing for e-commerce, investment platforms, and even consumer banking solutions. According to statistica, fintechs rank no. 2 among the most attacked sectors just for the kind of data they collect. Now, these risks range from traditional technology exposures to more intense banking risks.  The statistics above are caused by a number of liabilities, which include third-party risks, insider threats, cyberattacks, and technology vulnerabilities. Let’s take a closer look at these threats to fintech cybersecurity Technology exposure Day in, day out, we use technology one way or the other, and there’s no exception when it comes to using fintech solutions. When using fintech solutions, customers open themselves up to several technological vulnerabilities enhanced by the rapid growth of the internet. Cybercriminals try out all entrances to get to data, including technological apps, cloud computing, mobile devices, and many others. To this end, financial establishments willing to partner with fintech solutions must be aware of the cyberthreats in store for them. It’s a matter of ‘when’ not ‘if’. Data breaches Fintech companies make good use of client’s data; they open accounts, keep records of each transaction, and authorize new ones, which sounds great. Besides these positive purposes, sensitive data functions for wrong reasons too. And that’s what cybercriminals push for. While fintech companies need (are obliged) to use data for good reasons, malicious actors hold no such notion. These criminals perpetrate all kinds of evil like financial fraud, identity scams, targeted attacks, etc.  So, every fintech company must stay alert to prevent data breaches and consequences. Money laundering Yes, money laundering happens all the time, and with the emergence of cryptocurrency, it got easier. The untraceable nature of cryptos makes it doable; the person simply converts money into crypto and it’s all done. Now, the problem occurs when such criminals launder money through fintech solutions. This puts the company in a terrible situation. Phishing attacks In 2023, nearly 9 million phishing attacks were discovered, and in the first quarter of 2024 only, there have been nearly 1 million occurrences.  Phishing attacks continue to be torn in the flesh of fintechs. This form of cyberattack leverages deception to make victims divulge confidential information for malicious reasons. It could be emails that carry links to scam websites or a fake text message requesting credit card details under the guise of the victim’s bank. Fintech companies must stay alert of phishing attacks and find ways to reduce their occurrences. Insider threats Insider threats constitute employees or partners with access to sensitive data. One thing about this fintech cybersecurity risk is that it could be intentional. Just imagine one bad egg among the company staff and the amount of chaos that could ensue.  On the flip side, while fintech employees are among the most cyberaware across several industries, they’re prone to mistakes. About 49% of fintech employees admit they work around security policies for work ease.  This puts the cybersecurity system in a precarious situation. Regulatory compliance To combat threats to personal data, countries and industries around the world established data protection regulations. These data protection laws, like the GDPR (general data protection regulation) and NDPA (nigerian data protection protection act), give data subjects (owners) more control over their data. Also, these regulations place stringent rules over data protection and penalise non-compliant organizations. Now, the fintech industry’s bound to some of these regulations, like PCI-DSS and GDPR, among others.  So fintech companies work hard to meet up with their requirements, which do not come cheap. API vulnerabilities The fintech ecosystem uses Application Programming Interfaces (APIs) for data sharing and integration. However, they introduce vulnerabilities that cybercriminals exploit if not properly secured. APIs make fintechs vulnerable by exposing data, having weak authentication, allowing injection attacks, lacking rate limiting, and depending on third-party APIs. These issues can lead to data theft, unauthorised access, and service disruptions.  Now, to the next part, how to reduce the impact of these risks to fintech cybersecurity How To Mitigate Fintech Cybersecurity Risks No organisation—fintech inclusive—can stand without risks to its cybersecurity system. But the key lies in mitigating them before they wreck havoc. Here are a few ways to reduce fintech cybersecurity risks. Cybersecurity is all about securing data and devices in an organisation, and to do that effectively, fintechs must implement data security systems. Robust encryption measures such as end-to-end encryption and tokenisation make data unreadable even if it’s stolen Most phishing attacks go for the users because they’re often ignorant about basic data protection and security measures. As a result, the user ends are often unprotected and vulnerable to cyberattacks. A simple solution is to educate fintech users on how to spot and avoid phishing emails and messages. 2. Access control To reduce the chances of unauthorised access to sensitive data, fintech companies should implement strict and intense access control methods. The best principle to follow is the “need to know” basis, where only employees who need data for their roles can access it. 3. Employee trainings This is the best way to

NDPR: An Overview of The Nigeria Data Protection Regulation

Organizations all over the world are facing a great challenge, “how to safeguard data”. The process of safeguarding data, known as data protection, is a delicate one. Companies, small, medium, and large, are exposed to data threats like cyberattacks, accidental loss, and compromise. Where the wrong persons access data, forgeries, targeted attacks, and impersonations are some of the consequences. This pushed countries—Nigeria included—to lay ground rules to guide organizations through protecting the data of their citizens. Examples are the NDPR, GDPR, UK GDPR, etc. In this article, you’ll learn all there is to know about the Nigerian Data Protection Regulation(NDPR) What is the NDPR? The full NDPR meaning is NIGERIAN DATA PROTECTION REGULATION. It is a set of rules guiding the protection of Nigerian data by organizations. The Nigerian Data Protection Regulation has four objectives, which are: Territorial scope of the NDPR Just like most data protection laws, its reach extends beyond Nigerian borders. The NDPR applies to any organization processing the personal data of Nigerian citizens (home or abroad), regardless of its geographical location. For instance, If an organization in the EU wants to process the personal data of a Nigerian citizen, it has to follow the NDPR.  When was the NDPR Established? The establishment of the Nigerian Data Protection Regulation occurred in January 2019 by the National Information Technology Development Agency (NITDA). Who Regulates NDPR? In the initial stages, the NITDA was the regulatory body. However, there was a need to create a separate body for the NDPR. The NITDA was stretched beyond what was necessary. The Nigeria Data Protection Bureau (NDPB) was established as the regulatory body. The purposes of NDPB are: Principles of the NDPR The Nigerian Data Protection Regulation has some principles guiding organizations (data controllers)  Consent Organizations must get the full consent of the data subjects before collecting, processing, and storing data. The subjects must give consent freely with no trace of foul play. The data subjects also have the right to withdraw their consent. Lawfulness Data can only be collected for lawful purposes. Organizations must clarify the reasons for data collection, processing, and storage. Such purposes should be clearly disclosed to the data subjects. Accuracy Another principle is Accuracy. All the data collected by organizations must be correct. Any inaccuracy should be rectified immediately. Data minimization Data collected can only be processed for the stated purposes. It is unlawful to process data for any reason contradicting the initial purposes. Security Organizations must take specific precautions to ensure data security. This includes measures against unauthorized access, disclosure, loss, and alterations of personal data. Rights of data subjects. Also, the NDPR has provisions for data subjects. Individuals have the clear right to halt the processing of their data. They can also request access, erasure, and correction. Differences between the NDPR and NDPA. NDPA stands for the Nigerian Data Protection Act. Its issuance was in February 2023. The NDPA is the current data protection law in Nigeria. Its issuance did not completely overrule the previous laws—NDPR and the Data Protection Bill. Rather, they were placed under its umbrella. While the NDPA covers most of the NDPR, it lacks the specificity of the latter. The major difference between the two lies in the definition of terms. In summary, the NDPA and NDPR are more similar than different. In times where there is a conflict between the two, the NDPA is supreme. NDPR and GDPR The Nigerian Data Protection Regulation (NDPR) and the General Data Protection Regulation (GDPR) are the regulations for data protection in Nigeria and the EU, respectively. When it comes to it, the penalties are different. Non-compliance with the GDPR comes with a fine of up to 4% of the annual global profit or €20 million, whichever is higher. The NDPR non-compliance penalty is less severe. A fine of up to 2% annual global profit or 10 million Naira, whichever is greater. Nigerian Data Protection Regulation is an adaptation of the GDPR. GDPR is more comprehensive, with a broader scope. In conclusion The Nigerian Data Protection Regulation is important for safeguarding data in Nigeria, and meeting international standards while addressing local needs. Compliance with the NDPR will help organizations avoid penalties and foster trust among the client community. Are you an organization looking to scale up your NDPR and GDPR compliance? You can reach out to us at Johan Consults and be sure to get the best.

ALL YOU NEED TO KNOW ABOUT CYBER SECURITY AND GDPR IN NIGERIA

johanconsults

Most people simply don’t care enough to take proactive measures to protect themselves, their identity and their data when online or using their devices, perhaps they think it will not happen to them. Well, the truth is Cyber attacks are real and can be damaging on the long run, hence one needs to curb it completely.   New laws are taking effect across the globe to regulate the collection, use, retention, disclosure and disposal of a person, information. At the same time, the rate of cyber attacks, data breaches and, unauthorized use of personal data is growing exponentially. It is more important than ever particularly for those organizations handling financial data, health information and other personally identifiable information to understand the rights and obligations of individuals and organizations with respect to personal information. The Emerging data privacy regulatory space GDPR The European Union enforcement of the Global Data Protection Regulatory Space (GDPR) commenced on 25 May 2018, and it came with sweeping changes in the privacy and data security policies for the vast majority of companies operating, not only in the EU, but across the globe. The GDPR applies to all companies processing the personal data of subjects not only residing in the EU, but inclusive Africa. This generally governs how companies manage and share such data. Furthermore, there are provisions of the GDPR that will be important for all companies to take note of and that includes; The requirement for explicit and informed consent for collecting personal and mechanisms to withdraw such consent. Breach notifications, the right to access all data that a company has collected and the right to be forgotten through the erasure and cessation of dissemination of data. So What are the penalties for breaching the GDPR Penalties for breach of the GDPR are steep up to 4 per cent of annual global turnover or €20M, which is greater. In recent reports, French data privacy regulator, The National Data Protection Commission, slapped Google with a $57 Million fine, the offence has to do with the company’s failure to comply with the GDPR, in other words, you can call it a fine for lack of transparency, inadequate information and lack of valid consent regarding the ads personalization. Cyber crimes and Data Breachment in Africa – What can be done?  Arguably, Nigeria is seen as the giant of Africa and such bold statement should be reflected in the country’s cyber security network, the process of adopting innovations can be lengthy and require full commitment and effort from all security network. In Nigeria and Africa as a whole, the tech industry has grown and more technological innovations are expected to come, as young and smart minds are delving into the tech industry, the future is bright but it can be brighter.   In view of this, companies, startups, corporate business organizations are further encouraged to establish internal policies and procedures to ensure compliance. Business policies may include top-level information security and privacy from the top-level officers of a company, monitoring, breach reporting, risk management program and acceptable use policy. Technical policies may include encryption of password, authentication protocols, disaster recover intention detection, physical security, patching, etc. Artificial Intelligence(AI) and specifically Machine Language(ML) techniques are now widely employed to enable computers to learn and adapt to new input. Such AI technology can be used in cyber security systems to provide an automated process for the identification of new threats and implementation of technology controls and protection.   Furthermore, Bigger companies should shoulder the responsibility of protecting their smaller counterparts in the tech field, this can be successfully implemented when companies support data privacy as a “human right” where there are rights to protect the legitimacy and ownership to private data. I believe everyone should own the right to his/her private information and exercise the right to make it available to the public or not. Microsoft CEO, Satya Nadella speaks out about data privacy and he voiced his support for data privacy as part of a human right. This focused on three major elements; Privacy, Cybersecurity and Observing the AI ethics. He also cited EU’s General Data Protection Regulation as a model of legislation. Nigeria as a country should urge companies to see common citizens and small businesses as the most vulnerable to cyber threats and task the Big companies to use their power in protecting them.   In conclusion, Recognition of the new and evolving international privacy and security regulations is a requirement, especially in view of the threat of increasing liability and risk with statutory penalties and class action lawsuits. Implementing a compliance program with a set of best practices for privacy and data security will surely help mitigate these risks, but it is a continuing process, especially as technologies in Africa face new hurdles when rolling out new systems and technologies.   Photo source – Unsplash

© Johan Consults Limited Nigeria 2024. All rights reserved. Johan Consults Limited Nigeria.

Designed by Tech Della Solutions LTD.