Uganda, Nov. 20 -- New details have emerged about how black hats used the website of a gaming platform in Uganda to plunder money from the systems of Airtel Mobile Commerce Uganda Limited (AMCUL).

While the licensed betting firm's website prides itself on making "use of standard encryption to protect the data of its users", Sunday Monitor has been reliably informed that cybercriminals used it as a gateway to AMCUL's digital systems.

After tweaking AMCUL's software to approve every transaction that came along, the hackers drained its central systems of just under Shs8 billion in a meticulously planned operation.

The hack affected a number of banks and microfinance deposit-taking institutions operating in Uganda. Sunday Monitor understan...