Tag: Bank of Uganda

  • Cybercriminals Target Uganda’s Central Bank in $16.8 Million Heist

    Cybercriminals Target Uganda’s Central Bank in $16.8 Million Heist

    Uganda’s financial sector has been rocked by a major cyberattack, with hackers allegedly stealing 62 billion Ugandan shillings (approximately $16.8 million) from the Bank of Uganda (BoU), the country’s central banking institution. According to local media reports, a group of Asia-based hackers, identifying themselves as “Waste,” infiltrated the BoU’s IT systems and illicitly transferred the…