The Uganda Police have arrested two suspects in connection with the cyber attack on the country’s two leading telecom companies and banks over the weekend. The two suspects are attached to Pegasus Technologies, a company that provides financial and billing solutions for various companies in Uganda. The suspects were arrested on Wednesday by the Criminal…
“With the advancement of information technology will come more sophisticated crime”. This and other related statements are commonly used by even those who advance the need for a digitally-led society. This, therefore, means that the advancement in IT is a necessary evil, which will always be taken advantage of by cyber-fraud, robbery or kidnap and…
Several officials at Stanbic Bank are in deep trouble after it emerged that they illegally sold property that had been staked at collateral security by their clients for a Shs1 Billion loan. A complaint seen by this website, drawn by Beatrice Odongo, the director of Macdowel Uganda Ltd, a real estate company, indicate that Stanbic…
