Organisations in the digital ecosystem spend millions trying to establish controls around their corporate networks from data breaches. This to a great extent does not phase away from the fact that breaches still occur even to the most secure infrastructures. …
“Cybersecurity is not just an IT issue; it is a business risk that demands strategic alignment from the top down.” In the digital landscape, cyber threats are evolving at an unprecedented pace, making it crucial for organizations to align cybersecurity …
As the global digital landscape continues to expand, so too do the risks associated with it. The East African (EA) region, while making notable progress in digital transformation, still lags significantly behind more advanced regions like the United Arab Emirates …
On 7th November 2024, a well-known humanitarian NGO in Kampala discovered that donor funds, meant for a maternal health project in Lira, had mysteriously dwindled. Bank statements showed UGX 1.6 billion disbursed to “beneficiary suppliers.” Yet on the ground, no …
During one of our board-level presentations in August 2024, a financial institution’s Director asked, “You are the experts. How do the attackers identify their targets and exploit them?” The truth is that cybercriminals are highly organized. They take time to …
Data breaches are increasingly damaging businesses globally, with significant consequences for financial institutions and telecom companies. A notable example is the October 2020 cyberattack, where hackers exploited 2,000 mobile SIM cards to breach the mobile payment system. This attack targeted …
In today’s complex environment, employees have access to corporate networks and are authenticated to corporate systems, as well as servers, and devices. It is dire if a malicious attacker gets the same access either through brute force or by taking …
As East Africa rapidly embraces digital transformation, the region is increasingly becoming a target for sophisticated cybercriminal networks. In particular, Uganda, Kenya, Tanzania, and Rwanda face growing cyber threats as businesses, government agencies, and service providers expand their digital footprints. …
Unlike other types of crime, the majority of cybercrime incidents in Uganda and the East African Community go unreported, primarily due to the affected entities’ efforts to protect their reputations. Often, victims are financial institutions entrusted with safeguarding customer deposits. …
The popular saying goes: “Culture eats strategy for breakfast.” And when it comes to risk, culture doesn’t just eat your strategy, it leaks your passwords, signs off bogus deals, and buries red flags under a carpet of silence. So how …