[kictanet] KCB cited for software piracy - Business Daily

[Christopher Msando]

This is good for intellectual property protection.

From: kictanet [mailto:kictanet-bounces+cmsando=iebc.or.ke at lists.kictanet.or.ke] On Behalf Of Ali Hussein via kictanet
Sent: Thursday, March 30, 2017 10:11 AM
To: Christopher Msando
Cc: Ali Hussein
Subject: [kictanet] KCB cited for software piracy - Business Daily

Listers

Interesting development. Potential precedence setting.


The High Court has stopped KCB Group from using a banking IT platform following a multi-million-shilling lawsuit where the lender is accused of software piracy.

Nagalakshmi Solutions Ltd (NLS) obtained orders stopping KCB from using its banking software after the lender continued using it despite terminating the five-year contract in November.

Judge Fred Ochieng also ordered KCB, Kenya’s largest bank by assets, to uninstall the software that works together with its core banking application and barred the listed lender from developing a similar IT application.

Read on:-

http://www.businessdailyafrica.com/corporate/KCB-cited-for-software-piracy/539550-3870220-b7e92lz/

Ali Hussein
Principal
Hussein & Associates
+254 0713 601113


Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: http://ke.linkedin.com/in/alihkassim

"We are what we repeatedly do. Excellence, therefore, is not an act but a habit."  ~ Aristotle



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Christopher Msando
Manager, Data Center & Infrastructure
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