Paul Senoga, an IT expert and dealer in security system like vehicle tracking, agrees with police that banks conceal a lot of information about their illegally accessed systems. Senoga says hackers keep testing the systems until they gain access using malwares. As a solution, Senoga urges companies to always hire permanent and competent people who keep testing their own system purposely to spot loopholes early enough.
The latest figures compiled by Interpol-Uganda show
that hackers have become more lethal in this Covid-19 era.
The statistics on cyber-crimes
contained in a report by Interpol director Senior Commissioner –SCP Charles
Birungi, indicate that USD 4Million about 14.4 Billion shillings has been lost to online
fraudsters in the last twelve months.
Interpol indicates that the 14.4 billion shillings has
been lost in more than 200 cases of hitech, international and economic crimes
of which Bank fraud, issuance of fake Visa and online business fraud topped the
A police IT expert who preferred anonymity said
Ugandan Banks are being hacked almost every month but they have chosen silence as
a way of not scaring their clients. The policeman’s argument is based on the
fact that in the last twelve months, Banks have lost more than USD3M which
translates into Shs10.9 Billion.
“Of the USD4M you are seeing, USD3M was recorded in just 10
cases of bank fraud," The IT security officer said. "These are the banks that were bold enough to come out and
seek our intervention in tracing for hackers based here and outside countries. But majority of the cases are never reported. They know if they keep reporting,
people will feel insecure when their money is kept in a Bank that is often
Paul Senoga, an IT expert and dealer in security
systems like vehicle tracking, agrees with police that Banks conceal a lot of
information about their illegally accessed systems. Senoga says hackers keep
testing the systems until they gain access using malwares. As a solution,
Senoga urges companies to always hire permanent and competent people who keep
testing their own system purposely to spot loopholes early enough.
“Once someone gains access to your bank account, they
can transfer the money to anybody or any account they want. The banks have come
with Apps to simplify banking but they are suffering. Money is being wiped off
accounts. Banks are not just revealing what is happening but its huge,” Senoga
//cue in “if it is…
Cue out “…a lot”//
Citing an example of recent unauthorised access to
Kyambogo University’s system where data for more than 2,500 students was
deleted, CID Spokesperson Charles Twine, advises companies to avoid hiring
outsiders to run their systems. He argues that a person who is not a permanent
staff would disrupt the system once a disagreement erupts.
Cue in “we however…
Cue out “…the users”//
Apart from Bank fraud that took a lion share of money
lost to cyber kingpins, issuance of fake Visa came second with USD 542,500 (UGX1.9B).Online business fraud caused loss of USD112,441 (over UGX393M), Internet fraud
caused losses of 300 million shillings while email hacking caused a loss of
Joseph Kato is currently a Master's candidate at Makerere University. He holds a Bachelors Degree in Mass Communication from Kampala International University, a Diploma in Journalism and he's also a graduate in Guidance and Counseling.