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Tag Archives: cyber fraud

BOU cautions against cyber fraud as NSSF launches smart card

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the card, the fund’s qualified members will be able to directly withdraw their NSSF …

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CID records 15 billion shillings lost in cyber fraud last year

Kampala, Uganda | THE INDEPENDENT | More than 15 Billion Shillings was lost last year through cyber fraud according to Criminal Investigations Directorate headed by Grace Akullo. To be exact, CID indicates that 15.9 billion shillings were lost by telecom companies, banks, ministries and individuals. Akullo indicates that this was the biggest …

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