0
Wireless

Safaricom foils cyber attack on M-Pesa platform

Friday 7 April 2017 | 11:21 CET | News
Kenyan operator Safaricom has said that hackers have attempted to intercept its system with the intention of gaining access to customer funds on its mobile money transfer platform, M-Pesa. The operator termed the breach as an elaborate cyber crime fraud attempt. Safaricom CEO Bob Collymore said the firm's risk management unit detected the intrusion and immediately escalated the incident to the security agencies.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CA warns against installing cheap software

Published 22 Jan 2018 09:23 CET | Kenya
The Communications Authority of Kenya (CA), through the National Computer Incident Response Team Co-ordination Centre (National ...

Safaricom sets December target for M-Pesa photo ID registration

Published 09 Oct 2017 10:14 CET | Kenya
Safaricom has set a target to finish photo registration of its 19 million active M-Pesa users by December, reports Business ...

Kenyan mobile money interoperability to begin in July

Published 08 May 2017 10:34 CET | Kenya
The Kenyan government says subscribers could be able to send and receives money between different telecommunication networks in ...

Allied World picks BlackBerry's cyber-security platform

Published 20 Apr 2017 13:49 CET | United States
US insurance company Allied World Assurance partnered BlackBerry to provide its cyber policyholders with direct access to ...

Safaricom restores network after Al Shabaab attack

Published 19 Apr 2017 09:46 CET | Kenya
Kenyan operator Safaricom's network has been restored in Hulugho in the northeast county of Garissa, five months after Al Shabaab ...

New Zealand launches national cyber security unit

Published 11 Apr 2017 09:09 CET | New Zealand
New Zealand's Communications Minister Simon Bridges has launched the national cyber security unit. CERT NZ will sit at the centre ...

Safaricom healthcare app M-Tiba nets 230,000

Published 04 Apr 2017 14:57 CET | Kenya
At least 230,000 Kenyans are using mobile operator Safaricom's healthcare app M-Tiba, representing a five-fold growth since the ...

Safaricom slashes Lipa Na M-Pesa tariffs

Published 29 Mar 2017 14:19 CET | Kenya
Kenyan operator, Safaricom has announced a number of initiatives for its M-Pesa service. From 03 April, Safaricom will implement ...

CA does not back splitting M-Pesa from Safaricom

Published 15 Mar 2017 09:49 CET | Kenya
The Communications Authority of Kenya (CA) has said that it will not implement proposals to split telecoms operator Safaricom. CA ...

US says Kenya's M-Pesa vulnerable to illegal transactions

Published 06 Mar 2017 11:20 CET | Kenya
The US State Department has warned that Kenya's extensive mobile-money network can be used by both domestic and international ...





Calendar   /   Industry Events

31 Jan KPN Q4 2021
31 Jan NEC fiscal Q3
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb Vodacom fiscal Q3
01 Feb Vantage Towers fiscal Q3
01 Feb A10 Networks Q4
01 Feb EA fiscal Q3
01 Feb Alphabet Q4 2021
01 Feb Tele2 Q4 2021
01 Feb AudioCodes Q4 2021
02 Feb Softbank fiscal Q3
02 Feb Meta Q4 2021
02 Feb Qualcomm fiscal Q1
02 Feb Vodafone fiscal Q3
02 Feb Telenor Q4 2021
02 Feb Spotify Q4 2021
02 Feb Maxlinear Q4 2021
02 Feb Cognizant Q4 2021
02 Feb 8x8 Q3
02 Feb Aviat Networks fiscal Q2
02 Feb Sony fiscal Q2
02 Feb Netgear Q4 2021
02 Feb Qorvo fiscal Q3
02 Feb T-Mobile US Q4
02 Feb A10 Networks Investor Day
03 Feb Lumentum fiscal Q2
03 Feb Viavi fiscal Q2
::: More Calendar Items