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Saccos placed on cyberattack alerts ahead of Easter festivities
Sasra has instructed Saccos to deploy 24-hour cyber-security monitoring systems, backed by dedicated response teams capable of detecting and neutralising threats in real time.
Savings and credit cooperatives (Saccos) have been put on high alert over rising cyber threats, with the industry regulator warning of increased risk of system breaches during the upcoming Easter holidays.
In a directive issued to chief executives, the Sacco Societies Regulatory Authority (Sasra) said its intelligence monitoring shows most cyberattacks targeting Saccos occur during extended holiday periods when system oversight may be weaker.
