Cyber-security

Cyber insurers see manageable growing risk exposure, rising claims  Cyber insurance has been profitable for US property/casualty (P/C) insurers for several years, but recent growing...

AfDB blacklists Kenyan IT company over fraud The African Development Bank (AfDB) has blacklisted a Kenyan IT firm that has undertaken several multi-million shilling projects...

Crypto boom poses new challenges to financial stability Crypto assets offer a new world of opportunities: Quick and easy payments. Innovative financial services. Inclusive access...

Cybersecurity: BoG to deploy security setup providing real-time visibility into cyber threats and attacks on the financial sector First Deputy Governor of the Bank of...

Kenya: Bank targeted in Sh2 billion cyber criminals heist KCB Group stopped a Sh2 billion attempted fraud on its banking system last year, underscoring the increase...

BoG to set up Financial Industry Security Operating Centre to curb cyber fraud menace The Central Bank in pursuit for a safer cyberspace for the...

GSMA urges Africa to define 5G spectrum strategy Governments and regulators across Africa have been urged to focus on spectrum policy to ensure a successful...

Central bank digital currencies can slash cross border payment time, says BIS Central bank digital currencies (CBDCs) can slash the time needed for cross border...

China fights dirty with Ethereum miners, shuts down over 10,000 mining rigs Chinese authorities have seized over 10,000 crypto mining rigs from a retail park...

U.S Government sues for millions of USDT purportedly stolen The United States Attorney’s office recently filed a civil complaint accusing four digital wallets containing more...