Shared Passwords Almost Cost The Bank Of Uganda 24 Million Dollars

Eric Mugendi reports:

Unknown individuals have made four attempts to illegally transfer US$24 million (UGX81 billion) from the Bank of Uganda to accounts located outside the country.

Officials within the Government of Uganda are believed to have shared passwords with tech-savvy individuals who then logged in to the financial management system and targeted the accounts of the Defence, Energy and Agriculture ministries and the Uganda National Roads Authority (UNRA).

Read more on TechCabal.

About the author: Dissent

Comments are closed.