The problem has further been compounded by the fact that very few banks in the region that provide Internet banking services are also able to offer security software to curb cybersecurity attacks.
"The AU convention will help move faster the harmonization of cyberlaws and give authority to countries to arrest and prosecute cybercriminals regardless of where the offense was committed. This will help in the fight against cybercrime," said Edith Mwale, telecom analyst at Africa Center for ICT Development.
Cybercrime in the region is said to have increased following the lowering of bandwidth and connectivity costs as mobile service providers and international cables compete for customers. Over the past few years, African has been trying to harmonize cyberlaws to deal with cross-border criminals by allowing member countries to prosecute criminals wherever a crime is committed in the region. However, progress has been slow in several countries.
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