Safaricom Foils Major Attack as Hackers Escalate Crisis

In Tech

Safaricom has foiled a well coordinated attempt to hack into its systems even as hackers intensify onslaught on Kenya’s internet network threatening the country’s fast growing digital economy.

Safaricom chief executive Bob Collymore was quoted by Capital fm assuring customers of the safety of their money and data days after Kenya Revenue Authority’s systems were attacked.

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“The matter is being treated with the urgency it deserves with the suspects due to be arraigned in court, I wish to assure our customers that their data is safe,” said Collymore.

Mr Collymore could not reveal more information citing the sensitivity of the matter saying security officials are handling the issue.

RELATED: Opportunities Galore for Cyber Security Experts as Threats Mount

The teleco’s systems convey trillions of Kenya’s mobile money transactions and such a breach could lead to heavy losses and cause users to reassess the magnitude of the threat they are actually exposed to.

Kenya losses billions of shillings annually to cybercrime with banks being the main victims, however most of the affected institutions do not reveal to ensure customer confidence in their systems.

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