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Revealed: Why your savings in Saccos are not safe

Kenya lost more than Sh21.2 billion through cybercrime last year. [Courtesy]

About half of the Saccos in the country have no systems to protect members’ funds from cybercriminals, according to a new report.

Serianu Ltd, A business consulting firm, in its 2018 Cybersecurity Report said Saccos are now the new hunting ground for tech-savvy cybercriminals, putting at risk the Sh443 billion industry coffers.

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