Cybersecurity threats to financial systems are on the rise globally, with East Africa facing unique challenges due to its geographic and socio-economic conditions. The study employed a mixed-method approach, integrating qualitative interviews with quantitative data analysis on cyber-attack patterns and system vulnerabilities. Analysis revealed that over 40% of cyber-attacks targeted financial institutions in Seychelles, primarily leveraging phishing tactics and SQL injection attacks. The average time to detect breaches was approximately 24 hours. Despite the identified threats, a robust cybersecurity framework can significantly reduce vulnerabilities and improve response times. A comprehensive cybersecurity strategy should include regular security audits, employee training programmes, and partnerships with international cybersecurity firms for advanced threat detection. Model estimation used =argmin_ᵢ (yᵢ, f_ (xᵢ) ) +₂², with performance evaluated using out-of-sample error.
Nguivu et al. (Wed,) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: