[kictanet] KCB cited for software piracy - Business Daily

Fri Mar 31 15:58:47 EAT 2017

Yes Davis,

I think its important to address this from these perspectives:

   1. We have way to many people who will have their financial systems
   compromised under such circumstances. In recent times there has been a lot
   of market instability and honestly speaking KCB has been the one to bring
   back confidence to the sector when Banks have been seen to fail (not
   considering also how many customers they serve all the way to mashinani
   with their very huge network of Banks).
   2. Investor confidence when investing in businesses that use local
   Banks. Its only been 3 years and so much has happened, and as I stated KCB
   has been seen to be the one offering the base of support. People have lost
   money, businesses have lost access to capital, etc etc. (Imperial, Chase,
   Rafiki, etc).

So as one is a people issue, the other is an investor and business owner
issue. When the base Banking sector is not solid where will the appetite
for taking business risks be if the foundation which manages financial
assets keeps on getting compromised? This chain effect is on a huge scale
and can damage a lot else in the economy.

Considering this is a single vendor who can pull this off can really put
the economy's stability in question. And we have elections already next
door (already investors will be skeptical).

Lets see how it unfolds though...
On Fri, Mar 31, 2017 at 3:36 PM, Davis Onsakia <mautidavis at gmail.com> wrote:

> +1 Ahmed
>
> The worst position you can find yourself in is being held a hostage by a
> vendor.
>
> Such risks should be noted pretty earlier and nipped in the bud.
>
> On Fri, 31 Mar 2017 at 3:16 PM Ahmed Mohamed Maawy via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> I think this issue needs a proper investigation before we jump into
>> conclusions.
>>
>> I find it rather surprising that there was no exit strategy option
>> visible - which hints to a high degree of vendor lockin without a
>> termination roadmap (for a Bank that manages a huge chunk of our country's
>> financial sector).
>>
>> I think before we jump into conclusions there are many moving parts that
>> need to be looked at, such as how it was possible to have to be held
>> hostage by a single vendor in the process for a very important bank in the
>> banking sector (which also happens to handle other banks in receivership).
>>
>> On Thu, Mar 30, 2017 at 11:06 PM, Ronald Ojino via kictanet <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>> Interesting hmmm...however, it would be of great importance to know the
>> basis of the ruling...was it informed by any local act..which specific
>> clause?
>>
>> On 30-Mar-2017 10:10 PM, "Ali Hussein via kictanet" <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>> Indeed. Not sure how this can be justified. The bottle line is that we
>> all must respect IP.
>>
>> Ali Hussein
>> +254 0713 601113 <+254%20713%20601113>
>>
>> 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
>>
>> Get Outlook <https://aka.ms/sdimjr> for iOS
>>
>>
>>
>> On Thu, Mar 30, 2017 at 5:39 PM +0300, "Ngigi Waithaka" <ngigi at at.co.ke>
>> wrote:
>>
>> Ali,
>>
>> That ruling is a bit interesting... You uninstall and yet are banned from
>> either developing or sourcing for a replacement!
>>
>> On 30 Mar 2017 10:13 a.m., "Ali Hussein via kictanet" <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>> 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 <+254%20713%20601113>
>>
>> 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
>>
>>
>> Sent from my iPad
>>
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>> for people and institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth and development.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's times and bandwidth,
>> share knowledge, don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or qualifications.
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>>
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>> for people and institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth and development.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's times and bandwidth,
>> share knowledge, don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or qualifications.
>>
>>
>>
>>
>> --
>> *Ahmed Maawy*
>> Principal Product Management Specialist - Al Jazeera Media Network
>> Skype: ultimateprogramer
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>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>> for people and institutions interested and involved in ICT policy and
>> regulation. The network aims to act as a catalyst for reform in the ICT
>> sector in support of the national aim of ICT enabled growth and development.
>>
>> KICTANetiquette : Adhere to the same standards of acceptable behaviors
>> online that you follow in real life: respect people's times and bandwidth,
>> share knowledge, don't flame or abuse or personalize, respect privacy, do
>> not spam, do not market your wares or qualifications.
>
> --
> Best Regards,
> Davis M Onsakia
> "One doesn't discover new lands without consenting to lose sight of the
> shore for a very long time."
>

-- 
*Ahmed Maawy*
Principal Product Management Specialist - Al Jazeera Media Network
Skype: ultimateprogramer
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