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 Friday, April 16, 2010

Africa's spending in IT security has risen and is expected to continue growing as more people access affordable connectivity and companies embrace smartphones and social media in work places. According to IDC, Africa's IT spending is high compared to the GDP, with South Africa leading with IT security spending of 3.8 percent of its GDP. Mauritius, Morocco spend 1.1 percent of GDP on IT security while Egypt, Kenya, Nigeria, Tanzania and Ethiopia spend less than 1 percent.

"The focus from criminals is to steal data and monetize that; they blend their attacks across multiple vectors; URL lists and signature based security mechanisms cannot keep up with zero-day threats," said Mike Hibbert, director for Websense in Africa.

 

(Source: IDG Magazines)

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