Major retail banks have introduced anti-malware controls to secure customers’ banking apps and are considering a “money lock” feature to safeguard digital savings. This move follows an announcement from February 2022 after OCBC customers lost S$13.7 million to phishing scams. A draft framework addressing liability for scam losses is being discussed, including making telecom companies and infrastructure service providers partially responsible.
Safaricom-Backed M-TIBA Victim of a Possible Data Breach Affecting Millions of Kenyans
Linet Amuli reports: Kenya’s digital health sector is facing a major cybersecurity crisis after hackers claimed to have stolen a massive trove of personal and
