Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
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/FILE

Kenya

Invest in data security, businesses urged

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/FILE

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/FILE

NAIROBI, Kenya, Feb 5 – Local firms have been urged to take up information security management systems in their businesses in a bid to cut down on information loss that is negatively affecting their operations.

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.

Advertisement. Scroll to continue reading.
Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Headlines

NAIROBI, Kenya, Mar 16 – The World Bank has given the Kenyan government USD 60 Million (Sh6.1 billion) to help combat the deadly coronavirus pandemic...