Kenyan Hackers Steal Over $16 Million

The Bank of Uganda is currently embroiled in a scandal following a hacking incident that reportedly resulted in the theft of UGX 60 billion (approximately $17 million). President Museveni has ordered an investigation by the Auditor General to assess the losses, with police expected to interrogate bank officials as part of the inquiry. This incident raises serious concerns about the bank's cybersecurity measures, especially given its recent history of scandals, including previous thefts by bank officials. Meanwhile, a separate INTERPOL report has revealed that Kenyan hackers executed a major cyber heist, stealing Sh 1.1 billion through manipulated banking security protocols. The INTERPOL investigation led to the arrest of 1,006 suspects across 19 African nations and the dismantling of extensive criminal networks involved in various cybercrimes. The success of this operation highlights the critical role of public-private partnerships in enhancing cybersecurity across the region.