Rising cybercrime gives banks sleepless nights

Cybercriminals are getting more aggressive. FILE PHOTO | NMG

Increased adoption of technology by financial services providers such as banks has raised the country’s cyber-attacks risk, exposing them to loss of customers’ deposits and savings to online fraudsters.

Kenyan banks are increasingly investing in mobile and digital products as an efficient and cost-effective way of reaching customers and growing market share.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.