Kenya’s central bank blames hackers for mobile banking fraud, but insiders may be the real threat
The lines between cyber fraud, insider theft, and organised crime are blurred. According to the BFIU officer, most victims never report, whether from embarrassment, the small sums involved, or the hassle of filing a complaint with the police, making the CBK's figure of KES1.5 billion an understatement.
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Kenya’s central bank blames hackers for mobile banking fraud, but insiders may be the real threat
The lines between cyber fraud, insider theft, and organised crime are blurred. According to the BFIU officer, most victims never report, whether from embarrassment, the small sums involved, or the hassle of filing a complaint with the police, making the CBK's figure of KES1.5 billion an understatement.
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