NCBA Bank invested Kes 644.5 million in cyber security as cyber-attack threats last year amid increasing cases of cyber threats in the country.

NCBA Bank Managing Director John Gachora said the lender is keen on establishing the necessary infrastructure to combat such cases.

“We see this issue as a real problem across the banking industry, and because of that, it is important that, as a company, we put in the necessary infrastructure to deter such vulnerabilities,.”

According to the Communications Authority of Kenya (CA), the number of cybersecurity cases between March and June 2024 was 1.1 billion, representing a 16.5 percent growth from 971.4 million during a similar period last year.

In a report, the regulator noted that operating systems, database servers, web applications, remote access systems, and network devices were the most targeted systems.

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“Majority of the attacks were targeted at organisations within the ICT sector. Attackers targeted database servers and operating systems belonging to Internet Service Providers (ISPs) and cloud-based services.”