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    NBK Admits To Having Been Defrauded Of Sh29 Million In An ‘Attempted Fraud’

    Eva NyamburaBy Eva NyamburaJanuary 19, 2018No Comments2 Mins Read
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    National Bank of Kenya. [PHOTO/ COURTESY]
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    National Bank of Kenya

    National Bank of Kenya on Friday confirmed that there was in fact an attempt to hack their systems on January 17, 2018.

    ”We confirm that there was an attempted fraud in normal course of business on 17th January but the Bank’s monitoring and security resources frustrated the attempt,” the statement read in part.

    The lender says that only Sh29 million was lost while sources intimated that more than Sh160 million was lost.

    The statement further states that the ‘attempted fraud’ was successful as the bank hopes to ‘recover’ the monies lost.

    ”The amount of attempted fraud is about Sh29 Million and we are confident we will recover most of that money.”

    Hackers allegedly targeted accounts with low amounts of money and inflated them before withdrawing the fictitious amounts through M-Banking.

    But the lender has rubbished the claims as circulated on social media.

    Read: KRA Links Up With CBK To Crack Down On Tax Fraud, Monitor Taxpayers

    ”Customers accounts have not been affected… social media speculation on the potential loss is incorrect.”

    Reports indicate that arrests have already been made but the happenings still under hushed tones.

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    FRAUD National Bank of Kenya NBK
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    Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY Email: Editor@Kahawatungu.com

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