Shared Passwords Almost Cost The Bank Of Uganda 24 Million Dollars

Eric Mugendi reports:

Unknown individuals have made four attempts to illegally transfer US$24 million (UGX81 billion) from the Bank of Uganda to accounts located outside the country.

Officials within the Government of Uganda are believed to have shared passwords with tech-savvy individuals who then logged in to the financial management system and targeted the accounts of the Defence, Energy and Agriculture ministries and the Uganda National Roads Authority (UNRA).