Cameroon – Cyber-Criminality: Cyber-crime costs 4 billion FCFA in Cameroon Public Treasury

Written by Deckson N.

To cope with the phenomenon, the United States proposes to Cameroon the ATR Cyber Security program. It was presented to members of the Government on 6 September.

Figures released by the National Agency of Information and Communication Technologies (ANTIC) reveal that in 2015 the Cameroonian public treasury recorded a financial loss of over 4 billion CFA due to cyber-criminality. Still in the same year, four mobile phone operators in Cameroon had financial losses amounted to 18 billion FCFA. This means that the situation is rather worrying for the Government, represented yesterday at the conference initiated by the US Embassy in Cameroon by the Ministry of Posts and Telecommunications (MINPOSTEL) and the Ministry of Finance (MINFI).

The said conference was the presentation of the ATR Cyber Security program implemented by ATR Cyber which is an association of about twenty American companies specialized in cyber security with expertise in different aspects of information systems. Ousman Mey, MINFI, indicated in his speech Cameroon’s adherence to the program proposed by the United States.

Indeed cyber-crime statistics worldwide are edifying. According to a McAfee study published in March 2016, the cyber crime generates losses of around $300 billion every year; while 429 million personal information flights are recorded worldwide. Also the number of new malware has increased by 72%, “reported the Chief Network Security and Information Systems of MINPOSTEL.

Among the tools of ATR Cyber Security program, US experts propose to first perform an audit. The objective is to examine the capacity of the system and/or applications. Then there is the penetration test that actively evaluates the security of an information system. Then there is the security intelligence that sets up security alerts for improved profitability and a rapid response to threats against information systems face. There is data encryption that protects data from fixed and mobile phone. There is training and certification and digital investigations.

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Deckson N.

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