Shs15b was lost through cyber fraud last year

Uganda, July 15 -- The National Information Technology Authority (NITA-U) has said a total of Shs15b was lost last year through cyber fraud.

The fraud, according to NITA-U mostly targeted mobile money and bank operated internet transactions.

While launching the cybersecurity awareness campaign, Mr Arnold Mangeni, the NITA-U director information security, said they will through the campaign seek to raise awareness about cyber-related threats and empower Ugandans with knowledge to safeguard them against the threats.

"According to the police crime report for 2020, Shs15b was lost through cyber fraud. Banks lose the most, while mobile money users, who conduct small transactions, are also targeted by hackers," he said.

Mr Mangeni also explai...