The
Permanent Secretary (PS) in the Ministry of Works, Transport and Communication,
Prof Faustin Kamuzora, said yesterday in Dar es Salaam that developed countries
through ITU have contributed the funds to help support nations and institutions
that stand a better chance to fight the threat.
He
said cyber crime costs various countries and companies US dollar 400 billions
per annum.
“However,
despite the threat from the cyber crime it’s estimated that about 650 dollars
will be invested by the companies and nations to control the attacks. This is
an opportunity to countries with specialised skills and technologies,” he said.
Prof
Kamuzora made the revelation when closing the Commonwealth Telecommunication
Organisation (CTO) workshop for formulation of the National Cyber Security
Strategy.
“The
resources focus at supporting countries advanced in fighting the cybercrime
threats currently worrying the world by providing cybercrime control facilities
among other support,” he said, adding that Tanzania stands a better chance to
benefit.