His Excellency Joseph Nyuma Boakai, Sr., President of Liberia, inaugurated a three-day Cybersecurity Conference in Monrovia. The event, organized by the Liberia Telecommunications Authority at the Sinkor Palace Hotel, aims to tackle the increasing threat of cybercrime and develop strategies to strengthen Liberia’s cybersecurity.
In his address, President Boakai emphasized the growing dangers of cybercrime, equating its impact to military conflicts. He cited a 70% increase in cyber breaches over two decades and noted that businesses worldwide faced over $2 billion in email-related losses in 2023.
President Boakai warned that cybercrime disrupts political and financial systems and facilitates organized crime such as money laundering and human trafficking. "As technology advances, dishonest individuals attempt to disrupt progress by launching attacks on systems and influencing political decisions. This is a threat we must take seriously," he stated.
The President announced the Digital Transformation Program to train 10,000 young Liberians in essential computer skills. This initiative supports youth empowerment and economic rebuilding post-war. "Our youth are smart, and I have no doubt they can pick up quickly," he emphasized.
He urged lawmakers to expedite a cybercrime bill under consideration by the Liberian Legislature to enhance national cybersecurity and protect citizens’ privacy. "Cybercriminals are constantly evolving their tactics. We must remain vigilant and resolute in our efforts to address this threat," said President Boakai.
The President also highlighted the importance of international collaboration in cybersecurity as part of his vision for Liberia’s telecommunications sector. "Collaboration is an essential tool. By working together, we can move from a defensive stance to a proactive one," he concluded.
The conference is expected to develop a comprehensive roadmap for improving Liberia’s cybersecurity infrastructure against rising cyber threats.