Savings and credit cooperatives (Saccos) in Kenya have been instrumental in empowering communities and fostering economic growth. They have a significant impact on national savings and contribute immensely to gross domestic product.
By pooling resources, Saccos enable members to access affordable credit and cultivate a savings culture. However, as they navigate the day-to-day technology disruptions and embrace digital transformation, they face increasing cyber risks that threaten their operations and member assets.
