-Pres. Boakai says 

By: G. Bennie Bravo Johnson I

President Joseph N. Boakai has emphasized the urgent need for Liberia to address technological challenges, asserting that the impact of cybercrime rivals the devastating consequences of military conflicts.

Speaking at the launch of the Cybersecurity Conference in Congo Town on Wednesday, October 9, 2024, President Boakaihighlighted the theme “Secure Our World.” He noted that as technology continues to advance, malicious actors disrupt progress by launching attacks on systems, attempting to influence political decisions, and defrauding financial institutions.

“In today’s global village, cybercrime has become increasingly sophisticated and pervasive across various sectors,” he stated. “In the past two decades, cybersecurity breaches have surged by over 70%. Businesses reported losses exceeding $2 billion in 2023 due to attacks on their email systems.”

The Liberian leader pointed out that these financial losses not only impact individuals and institutions but also empower criminals involved in activities such as money laundering, drug trafficking, and human trafficking. He stressed the importance of not underestimating the issue.

President Boakai urged institutions to prioritize cybersecurity as a crucial aspect of their risk mitigation strategies. “Implementing robust technologies, practices, and policies to prevent cyberattacks can significantly reduce their impact,” he said. He emphasized that prioritizing cybersecurity helps protect computer systems, applications, devices, data, and financial assets from cyber threats.

Reflecting on his recent inauguration, President Boakaiexpressed his commitment to youth empowerment as a cornerstone of his administration. “My cardinal desire for the young people of Liberia is to empower them through a national program designed to enhance their skills for the monumental task of post-war rebuilding,” he remarked.

To further this ambitious goal, he announced the launch of the Digital Transformation Program, which aims to train the first 10,000 young people in essential computer skills. “Our youth are intelligent, and I am confident they will quickly adapt to these skills,” he added.

The President reported that efforts to combat cybercrime are already underway and progressing satisfactorily. He stated that a comprehensive advancement program is being implemented to empower young individuals to take on key roles in the fight against cybercrime.

In collaboration with the Liberian Telecommunications Authority (LTA), President Boakai outlined plans to train and support young men and women to become cybersecurityprofessionals. He emphasized the importance of regular reporting on the progress of digital programs nationwide.

Additionally, he revealed that a bill aimed at combating cybercrime, strengthening cybersecurity, and protecting the nation’s cyberspace is currently under deliberation by the Liberian Legislature.

Given the bill’s significance and urgency for national security, he urged the Legislature to expedite its passage. “I am confident that this legislation will facilitate necessary legal actions against cybercriminal activities and restore trust and credibility to affected individuals and institutions. Victims will regain hope that their privacy can once again be safeguarded,” he concluded.

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