Uganda Electronic Fraud.............


Due to the increasing competition and need to cut costs, pressure is mounting on corporations and businesses in Uganda. The aim is to automate their business functions and enable client’s access to services using ICTs, especially the Internet and mobile technologies. This, however, is leading to increased exposure of corporate ICT systems and data to greater risk than ever before.
Due to lack of data, it is difficult to know whether businesses and corporations in Uganda actually manage their information security. The recent incidences of fraud at URA, MTN, Stanbic Bank, and the Office of the Prime Minister are indications that these entities may not be doing this. We will never know and be able to quantify how much financial and other losses those incidents caused since the affected companies will never disclose the truth to the public to avoid damage to their reputation.
Cybercrime, whether committed against private enterprise or government facilities and services, has the potential to negatively impact the economy, disrupt services such as electricity and water supplies, as well as endanger national security. Although 100 per cent security of e-services cannot be guaranteed, an information security management programme built on integrated information security architecture, should be effective in mitigating the impact of such incidents.
Therefore, businesses and corporations in Uganda need to make information security governance part of their corporate governance programme. An information security governance programme helps an organisation achieve its strategic business goals and deliver value and security assurance to all stakeholders.
On the other hand, there is need for greater government involvement by enacting and implementing appropriate laws relating to electronic transactions, data protection and user privacy, and computer misuse. There is also need for effective regulation, especially compliance enforcement.
Rahman Sanya,
Computer Science and Information
Security lecturer at Uganda Martyrs University
rsanya@umu.ac.ug
Daily Monitor Uganda