US tech giant Cisco invests in Kenya’s tech & cybersecurity infrastructure
Cisco has just launched the Cybersecurity Technology Experience Centre in Kenya in Collaboration with ICTA and the University of Nairobi. An investment aimed supporting Kenya's cyber defence initiatives through skills programmes and training. CNBC Africa is joined by Fran Katsoudas, Executive VP, Chief People, Policy and Purpose Officer, Cisco to unpack the significance of this investment for cybersecurity and the wider technolog ecosystem in Africa.
Mon, 22 Apr 2024 16:37:54 GMT
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AI Generated Summary
- Significance of Cisco's investment in Kenya's cybersecurity technology center to combat rising cyber crime.
- Impact of cyber attacks on economies and businesses, emphasizing the need for enhanced cybersecurity measures.
- Cisco's plans to expand cybersecurity initiatives across Africa, integrate AI, and promote digital skill development for economic growth.
US tech giant Cisco has recently launched the Cybersecurity Technology Experience Centre in Kenya in collaboration with the ICTA and the University of Nairobi. This investment is aimed at supporting Kenya's cyber defence initiatives through skills programs and training, addressing the growing concern of cyber attacks in the region. Fran Katsoudas, Executive VP, Chief People, Policy and Purpose Officer at Cisco, emphasized the importance of the center in helping governments and companies understand effective cybersecurity architectures to combat cybercrime. Moreover, the center aims to build digital skills among learners interested in technology to play a role in thwarting cyber attacks. Katsoudas highlighted the staggering statistic of over 860 million cyber attacks in Kenya in 2023 alone, underscoring the urgency of bolstering cybersecurity measures. She mentioned that the company has already invested approximately $380 million in such initiatives and is committed to training 3 million more students over the next decade. Katsoudas emphasized the significant impact of cyber attacks, noting that they can affect up to 10% of a country's GDP and potentially shut down businesses, especially smaller ones. She lauded the launch of Cisco's new Hypershield as a step towards improving cyber defense capabilities in partnership with governments and organizations globally. Katsoudas also elaborated on Cisco's plans to expand its cybersecurity centers across Africa, with a focus on countries like Nigeria. The company aims to establish partnerships with governments to ensure broader internet access and promote digital skills among students. When asked about the role of AI in their initiatives, Katsoudas showcased Cisco's integration of AI into infrastructure and security solutions, emphasizing the career opportunities in AI and security for learners across their centers. She acknowledged the rapid pace of technological change and the increasing demand for relevant skills, which Cisco aims to address through its training programs. Katsoudas shared her enthusiasm for the potential of technology to drive business growth and job creation in Africa, particularly through startups and innovative projects. She highlighted the importance of collaboration among industry players to foster technological advancement and skill development in the region. Overall, Cisco's investment in Kenya's cybersecurity and technology infrastructure signifies a significant step towards enhancing cyber defense capabilities and promoting digital skills development in Africa.