The Kenya National Police Sacco recently experienced a significant security breach, with hackers gaining access to the system and initiating large-scale withdrawals. Reports indicate that the hackers were able to withdraw sums reaching six figures from various accounts.
The breach was so severe that it allowed individuals to withdraw funds to M-Pesa from FOSA accounts, even when the accounts had a zero balance. This unprecedented breach has raised concerns about the security measures in place to protect the financial information of Sacco members.
