Hackers break into Airtel Money systems, steal billions

Japhet Aritho, the Airtel Mobile Commerce Uganda Limited (AMCUL) Managing Director

Unknown hackers, on Friday, 28th October struck Airtel Mobile Commerce Uganda Limited (AMCUL) systems making off with unspecified amount of money, said to be in billions, CEO East Africa Magazine can exclusively reveal. AMCUL, a subsidiary of Airtel Uganda, trades as Airtel Money. According to our sources, the hackers gained unauthorized access to the Airtel Money central systems and wired money to bank accounts in various banks connected to the Airtel to Bank Wallet services. The money was then evacuated via several banking agents across the country as well as mobile money agents. However, according to our sources, a sudden…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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