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HomeAfricaThe Impact of Cybercrime in Africa in 2022: A Growing Concern

The Impact of Cybercrime in Africa in 2022: A Growing Concern

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In 2022, cybercrime continued to be a major problem in Africa, with businesses and individuals facing a growing number of cyber threats.

The impact of cybercrime in Africa is far-reaching, affecting both the economy and the security of sensitive information. This article will examine the latest statistics on cybercrime in Africa, exploring the impact it is having on the continent and what can be done to combat it.

According to recent research, the cost of cybercrime in Africa reached staggering levels in 2022, with businesses losing an estimated $1.2 billion due to data breaches and other cyberattacks. In addition, research shows that the number of reported cyber incidents in Africa increased by 20% in 2022 compared to the previous year.

The financial sector was one of the hardest hit, with over 50% of all reported cyber incidents targeting banks and other financial institutions. This has led to significant losses for both the affected organizations and their customers, raising concerns about the security of sensitive financial information.

Another key area affected by cybercrime in Africa is the healthcare sector, with reports of cyberattacks targeting hospitals and healthcare providers. In some cases, these attacks have resulted in the loss of sensitive patient information, putting individuals at risk of identity theft and other forms of financial fraud.

Conclusion:

The impact of cybercrime in Africa is significant and growing, affecting both businesses and individuals. To address these challenges, it is crucial that organizations and governments invest in the latest technologies and security protocols, and that they educate people about the dangers of cybercrime. With the right tools and resources in place, it is possible to reduce the risk of a breach and create a safer online environment for everyone.

Ouaissou DEMBELE
Ouaissou DEMBELEhttp://cybercory.com
Ouaissou DEMBELE is a seasoned cybersecurity expert with over 12 years of experience, specializing in purple teaming, governance, risk management, and compliance (GRC). He currently serves as Co-founder & Group CEO of Sainttly Group, a UAE-based conglomerate comprising Saintynet Cybersecurity, Cybercory.com, and CISO Paradise. At Saintynet, where he also acts as General Manager, Ouaissou leads the company’s cybersecurity vision—developing long-term strategies, ensuring regulatory compliance, and guiding clients in identifying and mitigating evolving threats. As CEO, his mission is to empower organizations with resilient, future-ready cybersecurity frameworks while driving innovation, trust, and strategic value across Sainttly Group’s divisions. Before founding Saintynet, Ouaissou held various consulting roles across the MEA region, collaborating with global organizations on security architecture, operations, and compliance programs. He is also an experienced speaker and trainer, frequently sharing his insights at industry conferences and professional events. Ouaissou holds and teaches multiple certifications, including CCNP Security, CEH, CISSP, CISM, CCSP, Security+, ITILv4, PMP, and ISO 27001, in addition to a Master’s Diploma in Network Security (2013). Through his deep expertise and leadership, Ouaissou plays a pivotal role at Cybercory.com as Editor-in-Chief, and remains a trusted advisor to organizations seeking to elevate their cybersecurity posture and resilience in an increasingly complex threat landscape.

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