Ugandan police have detained nine finance ministry officials in connection with a $16.87 million theft linked to a cyber hack of the central bank. Among the detainees is a senior Treasury official. This investigation follows a November report on the breach.
Authorities in Uganda have detained nine officials from the finance ministry as part of an investigation into a significant cyber heist. The probe relates to the alleged hacking of the central bank’s electronic systems, which resulted in a theft estimated at about $16.87 million or 62 billion shillings. Among those apprehended is a high-ranking official from the Treasury department, indicating the gravity of the situation.
This incident follows a report from the State Minister for Finance, which emerged last November. The involvement of top officials in the finance ministry raises concerns regarding the security of financial systems in Uganda. The Criminal Investigations Department is actively pursuing leads to uncover the full extent of the cyber breach.
The detention of finance ministry officials in Uganda highlights serious vulnerabilities in cyber security within governmental institutions. As investigations proceed, it remains crucial to determine accountability and reinforce the integrity of the nation’s financial systems against potential cyber threats.
Original Source: www.devdiscourse.com
