Government is engaging experts drawn from various ministries to come up with strategies to mitigate the threat of hackers on private and public institutions.

Recent attacks by hackers on  two tertiary institutions in Harare and Bulawayo points to the reality of the threat of cyber attacks and the implications it has on the country’s economic development.

Research shows that sensitive sectors such as the financial services industry are not immune to these attacks, despite the fact that no local banking institution has come out to openly state disruption to services due to hackers.

In the face of the two reported attacks in the country, and the ransom ware affair, which affected 150 countries worldwide, government said it has engaged relevant  authorities to mitigate the threat of cyber attacks which have the potential to cripple the country’s economy as highlighted by the Minister of Information Communication Technology, Postal and Courier Services.

Cybercrime is a major component of the anti money laundering and counter financing of terrorism concerns.

It is on the list of 21 prescribed predicate offences as listed by the financial action task force.

Popular cybercrimes in the country involve card fraud and electronic money laundering among others.

The Zimbabwe National Risk Assessment report of 2015, cites cybercrime as one of the crimes contributing to the US$1.8 billion estimated illicit proceeds generated from criminal activity annually.