A Caucasian hacker with balaclava. Kenya lost at least $210 million to cyber criminals last year, according to the Africa Cyber Security Report 2017. FILE PHOTO | NATION
The Central Bank of Kenya has directed payments service providers to deposit their cybersecurity policies with it before the end of this month, as part of the government’s plan to tighten financial security amid increasing cyber-attacks.
The directive came just weeks after some banks in the country reported cyber-attacks in which they lost close to $1 million, after their third-party payments contractors’ platforms were compromised.
