Inside ‘Stay Switched On’ Campaign to Strengthen Fight Against Cyber Fraud
Stanbic Bank Uganda has launched ‘Stay Switched On’, a new anti-fraud awareness campaign aimed at equipping customers with the knowledge and tools needed to protect themselves against the growing threat of digital and cyber-enabled financial fraud. The cases nearly doubled from 245 in 2023 to 474 in 2024. The cases
BoU warns on rising cyber fraud as banks deepen digital shift
The Bank of Uganda has warned of rising cyber crime risks as more Ugandans shift to digital banking platforms, with fraud losses hitting Shs 1.02 trillion in 2024. The warning was issued during the launch of new digital platforms by NCBA Bank Uganda, where BoU said the rapid growth of online
