Cyber Attack: Inside the USD4 Million Equity Bank Heist in Rwanda

Source: Kenya Insights Title: Cyber Attack: Inside the USD4 Million Equity Bank Heist in Rwanda Text: Sophisticated fraudsters penetrated Equity Bank Rwanda's internet banking platform, exploiting a mobile money loophole to drain Rwf4.7 bil...

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business 16 Mar 2026 06:08

Cyber Attack: Inside the USD4 Million Equity Bank Heist in Rwanda

Sophisticated fraudsters penetrated Equity Bank Rwanda's internet banking platform, exploiting a mobile money loophole to drain Rwf4.7 billion in a single coordinated strike. Thirty-five people are in custody. A trail of ghost SIM cards, a ...