CBK Report: Kenyan Banks lost Ksh1.9B to fraud in 2025
Originally published by People Daily — Read the original article →
Kenyan banks lost Ksh1.9 billion to fraud in 2025, marking a 19.4 per cent increase from the Ksh1.59 billion recorded in the previous year, according to a new report by the Central Bank of Kenya (CBK). The losses come amid growing cyber threats targeting financial institutions and customers, with fraudsters increasingly exploiting digital payment platforms, […]