A major cyber-attack that caused an outage of more than 5,000 public services in Kenya for more than 48 hours while disabling Internet-based and mobile payment platforms has exposed the growing threat of payment service disruptions to the economy.
The attack hit a critical section of the country’s financial system with M-Pesa, a mobile service product that is fast turning into an artery for the circulation of money in Kenya’s economy, also disrupted.