NBK Admits To Having Been Defrauded Of Sh29 Million In An ‘Attempted Fraud’

National Bank of Kenya. [PHOTO/ COURTESY]
National Bank of Kenya

National Bank of Kenya on Friday confirmed that there was in fact an attempt to hack their systems on January 17, 2018.

”We confirm that there was an attempted fraud in normal course of business on 17th January but the Bank’s monitoring and security resources frustrated the attempt,” the statement read in part.

The lender says that only Sh29 million was lost while sources intimated that more than Sh160 million was lost.

The statement further states that the ‘attempted fraud’ was successful as the bank hopes to ‘recover’ the monies lost.

”The amount of attempted fraud is about Sh29 Million and we are confident we will recover most of that money.”

Hackers allegedly targeted accounts with low amounts of money and inflated them before withdrawing the fictitious amounts through M-Banking.

But the lender has rubbished the claims as circulated on social media.

Read: KRA Links Up With CBK To Crack Down On Tax Fraud, Monitor Taxpayers

”Customers accounts have not been affected… social media speculation on the potential loss is incorrect.”

Reports indicate that arrests have already been made but the happenings still under hushed tones.


Do you have a story you want told? Do you know of a sensitive story you would like us to get our hands on? Email your news TIPS to

Written by Eva Nyambura

Content creator at | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Drivers To Renew Licenses Annually, Sit For Exams Every 10 Years -NTSA

babu, uon

Embakasi East MP Babu Owino Arrested For Assaulting Parking Attendant