Cyber threats potentionally costing the Caribbean millions

Haititechnews published an article on August 9, 2017, titled “Cyber security expert warns: Caribbean could be losing millions”.

The CEO of Caribbean Cyber Security Centre (CCSC) reveals the Caribbean’s fast-growing cybersecurity issues as he voices several concerns to both private organizations and governments.

 

Key points:

  • James Bynoe, CEO of Caribbean Cyber Security Centre (CCSC) reveals cybercrime becoming a threat to the safety and economic development of countries as he reports that within the 12 months there have been multiple instances across the region breaches and cyber-crime. He warns urges private and government institutions to beware as reports from leading global security organizations indicate a rise in cyber-crime since 2013.
  • Bynoe states that cybercriminals steal thousands in revenue from businesses and individuals and that the Caribbean could be losing millions via unsecured and unprotected work and home computers.
  • He expressed concerns that telecommunications companies seeking to expand internet access despite low levels of regional cybersecurity defenses would provide cyber-criminals with more potential victims. Couple with the fact that there are insufficient organizations with resources to assist to combat cyber-crime, the CCSC CEO felt it necessary to advise the prime minister to make combatting cybercrime a national priority.
  • Bynoe expressed the need for cyber laws and legislation in the Caribbean to play a key role in aiding the fight against cybercrime in the region. He also called for private sectors to play a more socially responsible role in helping educate the masses on the cyber threat.
  • Both public and private sectors can no longer afford to dismiss budgeting for cybersecurity defenses within their organizations. As the Caribbean is now among one of the fastest-growing Internet penetration regions in the world.

 

 

Reference: haititechnews.com


Contributed by: Contributed by Kyle Sterling from Jamaica. Kyle is a member of our Caribbean Cyber Support Team (CCST) initiative on Discord. CCST is a collaborative group on the Discord platform for Caribbean people interested in IT, from beginners to experts.

If you’re from the Caribbean, learn more and join the group by visiting caribbeancst.org.

 

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