Alpex consulting Africa Managing Director Joseph Kibe says organisations lose a lot of data that equates to huge financial losses with only 30 percent of local firms securing their information.
“Organisations have lost a lot of data and there must be a lot of losses incurred because of customers’ data being thrown away, precious time being swayed away when information leaks to the wrong hands. This economy has to wake up and secure this information,” he said.
He argued that information, just like buildings and other property must be treated as an asset.
“We are talking about memos, human resources data, payroll, databases on customer information and such things. Kenyan organisations talk about buildings as assets but nobody talks about information as an asset. If you walk to an insurance firm, a bank, or a hospital is you information secure? That is what will determine who makes it in the next century,” he stated.
He says businesses will gain more if they secure their information that include winning tenders, and gaining trust from their customers.
He also says securing information will help companies pick up and carry on almost immediately in case of a fire or a raid.
On his part Acting Director General Kenya National Bureau of Statistics Zachary Mwangi revealed that it has been made a requirement that all ministries should put in place an information security management system in order to safeguard systems in management.
He said that already 100 officers in the public sector have been trained in 2013 – 2014 financial year on this.