Uganda’s Central Bank Heist: When Hackers Make Off with Millions
Uganda’s central bank fell victim to hackers who made off with 62 billion shillings. The cybercriminals, known as “Waste,” are linked to Southeast Asia and reportedly sent the loot to Japan and the UK. While authorities scramble to recover funds, Ugandans are left wondering if “Waste” is a hacker group or just their bank’s new nickname.
Hot Take:
Who knew the Bank of Uganda would become the latest contestant in the ‘Who Wants to Be a Millionaire… Victim of Cybercrime’ show? Clearly, the hackers came to play, and their prize was a hefty $16.8 million. But hey, at least they left some money behind for tea and sympathy!
Key Points:
- Uganda’s central bank was hacked, losing 62 billion shillings ($16.8M).
- Attackers, known as the “Waste” group, allegedly transferred funds to Japan and the UK.
- Authorities have recovered over half of the stolen money.
- The UK froze $7M, but some funds were already withdrawn.
- Investigations by Uganda’s police and Auditor General are ongoing.
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