THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
THE 5th CFOs BREAKFAST FORUM
Date: 10th July 2018
Time: 7.30am – 10.30am
Venue: Sarova Stanley Hotel – Nairobi
Theme: Information Security and Resilience for Finance Executives
Kenya lost Sh20.1 billion last year to cybercrime and continues to be prone to cyber-attacks as organizations and the government grapple to put in place proper security measures. According to the Africa Cyber Security Report by Serianu, commercial banks and government agencies were hardest hit by cyber-crime across the continent (Across Africa, a total of Sh350 billion was lost). Local banks, the report shows, lost Sh7 billion, the government Sh5 billion while the telecommunication sector lost Sh3 billion in 2017. The report also found that Sh6.3 billion was lost due to insider dealings within the organizations sampled.
The Kenya Global Economic Crime Survey 2018 report by PwC shows the rate of fraud rose to 75 per cent compared to 61 per cent reported in 2016. The high fraud rate in the country puts Kenya, not only above the global average of 49 per cent but above the African average of 62 per cent.
Cybercrime and threats to computer systems have become a major concern of businesses around the world. Our growing reliance on IT and the internet has greatly increased the impact of hacking, security failures and the loss of systems. At the same time, cyber attackers have become more sophisticated and organized. How worried should organizations get and what are the control measures to be taken?
This forum will help translate the often-confusing terminologies surrounding cybercrime and provides an up-to-date factual overview of cyber security in today’s world. This informative forum will be based on real-time events and will offers advice, tips and recommendations on what organizations can do to help stay protected, and potentially minimize risk of future threats.
Specifically, we shall focus on:
- Building an understanding of why cyber security should be part of everyday life – overcoming vulnerability
- Becoming familiar with key legislation governing cyber-crime and security.
- Discovering easy ways of staying on top and implementing precautionary measures in almost any business.
This forum is suitable for CEOs, CFOs, Directors, COOs, CIO and equivalent levels from both public and private sectors.
Seminar Charges and CPD Units
The charges for the CFO’s Breakfast Forum are as follows:
Members of ICPAK and of reciprocating professional bodies will earn 4 Structured CPD Units upon full attendance.
Kindly note that booking for the Forum is available only online at https://www.icpak.com/event/12415/
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Kenyan participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Partnership Opportunities & Additional Information
This forum presents a unique opportunity for brand positioning and communication that will enjoy optimal visibility before decision makers who have significant purchasing power and decision-making authority. Interested organizations and/or persons can reach us through Raphael Nguli on; firstname.lastname@example.org
Further requests can be channeled to us via telephone calls on +254 719 074 129/ 719 074 100/ 719 074 136 or via email to email@example.com with a copy to firstname.lastname@example.org and email@example.com.
We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.