Other Research Assessment

Country
Kenya

Source
Article by The Standard

Title
Hackers sneak into National Bank, walk away with 29 million

About
Dated Jan 2018 | National Bank of Kenya confirmed losing Sh29 million in a fraud attack at the institution on Wednesday, January 17, 2018.The bank waited 48 hours after the attack to issue a statement on the loss, maintaining that customers’ accounts had not been affected. “We confirm that there was an attempted fraud in normal course of business on January 17, but the Bank’s monitoring and security resources frustrated the attempt,” the statement read. It further dismissed as false the social media speculation on the potential loss in what the institution called ‘attempted fraud’. “The amount of attempted fraud is about Sh29 million and we are confident we will recover most of that money,” the bank added.

Key findings

Website
https://www.standardmedia.co.ke/kenya/article/2001266528/hackers-sneak-into-national-bank-walk-away-with-29-million