Crypto Boom Exposes Cyber Risk in Africa’s Fast-Growing Digital Economy

Uganda Police have identified key tactics used by cyber hackers to defraud financial institutions and customers. With billions of shillings lost, the report details how these criminals operate and recommends security measures.

Africa's booming crypto market, which saw $205 billion in transactions, faces mounting cyber risks from fraud and hacking. Experts urge ...

The Bank of Uganda is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department (PHOTO/Courtesy).

Uganda removed from FATF grey list

by JACKSON RUGUNDA | UG STANDARD REPORTER

26/03/2025

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The Bank of Uganda is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is ...

Uganda's Deputy Speaker, Thomas Tayebwa, meets with European Union Parliament's Deputy President, Antonella Sberna, in Brussels, Belgium, accompanied by fellow Members of Parliament

Uganda urges EU to remove it from anti-money laundering grey list

by JOSEPH NSIMBI | UG STANDARD REPORTER

20/02/2025

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Uganda's Deputy Speaker, Thomas Tayebwa, meets with European Union Parliament's Deputy President, Antonella Sberna, in Brussels, Belgium, accompanied by fellow ...

MoData offers leading-edge Anti-Money Laundering solutions to thwart criminals

by WINNIE NAKAMATTE | REPORTER

05/12/2023

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MoData offers several leading-edge Anti-Money Laundering solutions to its clients. Anti-Money Laundering (AML) is a critical aspect of financial measures ...

AI makes online gambling safer and protects against money laundering

by UG STANDARD EDITOR | UG STANDARD EDITORIAL

03/03/2023

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Online gaming is booming throughout Africa. Today, major iGaming companies view Africa as a viable and growing market. Countries like ...

Tag: Anti-Money-Laundering