The Bank of Uganda has been hacked, resulting in the theft of 62 billion shillings, equivalent to $17 million.
The group responsible for the attack, known as "Waste," is believed to be based in Southeast Asia.
The central bank has managed to recover approximately 37 billion shillings of the stolen funds.
This incident highlights the vulnerabilities in financial institutions and raises concerns about the effectiveness of cybersecurity measures in protecting national assets.