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Businesses and consumers in African economies are facing increasing cyber - threats. This trendunderscores the importance of strengthening cybersecurity measures. This means that organizationsmust increase
Businesses and consumers in African economies are facing increasing cyberthreats. This trendunderscores the importance of strengthening cybersecurity measures. This means that organizationsmust increase investment in cybersecurity technologies, provide cybersecurityrelated training toemployees and appoint professionals such as CISOs. It is also important to create cybersecurityawareness among consumers.Policy makers in the continent should focus on increasing public awareness of cybersecuritypractices and strengthening regulatory and enforcement capabilities in this area. Regulations requiring strong cybersecurity measures in organizations need to be introduced and revised. Initiatives alsoneed to focus on enhancing law enforcement capacities to increase certainty of punishment for thoseengaged in cybercrime activities.Before concluding, we suggest several potentially fruitful avenues for future research. Priorresearch has noted that cybercrimes targeting developing economies such as those in Africa exhibita heavy concentration in specific industry sectors Examples include the online gaming and ecommerce industries in China, the banking and financial sector in Brazil and the offshore outsourcingsector in India Kshetri In future conceptual and empirical work scholars need tocompare and contrast economic sectors facing high profile cyberattacks in major African economieswith those in nonAfrican developing economies.The above discussion indicates that statescontrol over cybercrime activities and the law enforcement reach of the states have expanded dramatically in recent years in some of the Africaneconomies. Some supranational institutions such as the AUC have also shown interests in fightingcybercrimes. African economies, however, vary widely in their efforts on this front. A second area offuture research might be to examine economic, political, and institutional determinants of cybercrimerelated legal and regulatory frameworks in African economies.Various actors are involved in controlling cybercrime activities in Africa. For instance, government agencies such as Nigerias Economic and Financial Crimes Commission EFCC supranational institutions such as the African Union Commission AUC and businesses in the privatesector such as Serianu. Organizations and individuals are also strengthening technological andbehavioral defense mechanisms to resist cybercrimes. In this regard, a final area of future researchwould be to compare relative effectiveness of these actors as well as potential challenges they face incontrolling cybercrimes.Concluding CommentsCyberattacks targeting as well as originated from African economies are rising rapidly. However,there are many positive and encouraging signs. Cybersecurity legislation and enforcement measuresin the continent are gradually improving. A variety of private sector initiatives have arisen that willhelp to strengthen the continents cybersecurity landscape
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