Cybersecurity Threats to Financial Institutions in Cape Verde on High Alert as Luxembourg-Lead Training Kicks Off
Strengthening Defenses Against Cyber Attacks in Cape Verde
Praia, Cabo Verde - In a bid to bolster the country’s defenses against cyber attacks, LuxDev has launched a comprehensive cybersecurity training program for technical professionals from various public and private entities in Cape Verde. The four-day training session, which kicked off on October 30th and concludes on November 3rd, is part of the AU-EU D4D Hub project funded by the European Union.
Objectives of the Training Program
The initiative aims to equip participants with:
- Modern risk assessment skills
- Improved understanding of incident management processes
- Master techniques and software tools used in response to cyber incidents
The training program is a crucial step towards bolstering Cape Verde’s cybersecurity posture, particularly as it positions itself as a regional digital hub.
Collaboration and Partnerships
Representatives from the Cape Verdean Ministry of Digital Economy, Luxembourg House of Cybersecurity, and Parque Tecnológico Arquipélago Digital de Cabo Verde collaborated to design the program. The training session began with an opening ceremony attended by:
- Secretary of State for the Digital Economy
- Chargé d’Affaires of the Luxembourg Embassy
- Chargé d’Affaires of the European Union Delegation
Positive Feedback and Success
The program’s success was evident in the positive feedback from participants, who praised the training’s relevance to their daily work. The initiative is a key component of the Team Europe approach, with both Luxembourg and the European Union committed to supporting Cape Verde in its efforts to enhance cybersecurity.
Study Trip and Cyber-Attack Crisis Management Simulation Exercise
As part of the study trip scheduled for early February 2024, participants will engage in:
- Exchanges with key stakeholders in the Luxembourg ecosystem
- Training in cybersecurity management
- A cyber-attack crisis management simulation exercise
The event is co-financed by the European Union and jointly implemented by Enabel, GIZ, MFA Estonia, e-GA, ITL, AFD, Expertise France, and LuxDev.
Growing Threat Landscape and Government Efforts
In light of the growing threat landscape, the Cape Verdean government’s efforts to strengthen the country’s resilience to cyber attacks have become a top priority. With this training program, LuxDev has taken a significant step towards helping the country build its cybersecurity capabilities and protect its financial institutions from emerging threats.
By strengthening cybersecurity defenses, Cape Verde is better equipped to address the growing threat landscape and ensure the integrity of its financial institutions. This initiative demonstrates Luxembourg’s commitment to supporting Cape Verde in its digital development journey.