Friday, June 2, 2023
HomeData LossInside local banks’ cyber fraud woes

Inside local banks’ cyber fraud woes

Cybersecurity experts have urged commercial banks to spare no effort in dealing with cyber threats after they collectively lost Shs5.9 billion to “outright fraud” in the last quarter of 2022 (October, November and December).

The experts believe that local banks are paying lip service…

Source: more

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