While presenting the ministry's budget in parliament for a vote, South Africa's Minister of State Security David Mahlobo indicated that cyber crime and illicit financial flows were among the biggest threats to the country's state security.
“A significant amount of cash was detected leaving South African borders to foreign jurisdictions, estimated at R80 billion ($6 billion) per annum in illicit financial flows.” said Mahlobo.
The National Freedom Party (NFP) indicated that they had no reason to reject the budget vote of the state security ministry, but Sibusiso Mncwabe of the NFP said “However, we are not sure as to whether it is enough to counter all the security threats our country might face. Given all the cybercrimes, our agencies must upgrade their standards and be better equipped to counter them.”
The Democratic Alliance raised their concerns around border control while the Economic Freedom Fighters said that they reject the state security ministry's budget as they currently see no cogent, integrated South African national security strategy.
How the budget will be deployed to combat cyber crime is another issue altogether as it will not only require technological tools but also intelligence gathering and also infilterating the cyber crime networks that are continuously evolving.Share this via: