<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:12pt"><div class="" style="">The report (see link below) suggests loss of approx Sh 60 M in 2 months.</div><div class="" style=""><br></div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;">A recent report also indicated that losses may be in excess of 5 billion (??) annually.</div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;"><br></div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;">The financial services sector needs to do more to stem such losses. CBK needs to step up its game to push for higher standards of compliance
with respect to security of information. </div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;"><br></div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;">Perhaps banks have no incentive to stem such losses! They can simply make up for them via small variation in interest rate! That way shareholders get a good return on their investment but the consumer gets to pay for it.</div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;"><br></div><div class="" style="color: rgb(0, 0, 0); font-size: 16px; font-family: 'Times New Roman'; font-style: normal; background-color: transparent;"><span class="" style=""><br></span></div><div style="color: rgb(0, 0, 0); font-size: 16px;
font-family: 'Times New Roman'; font-style: normal; background-color: transparent;"><span class="" style=""></span></div><h1 style="font-size: 50px; margin-top: 0px; margin-bottom: 2.4000000000000004px; line-height: 50px; font-weight: 100; color: rgb(51, 51, 51); font-family: ColfaxBold, 'AvantGardeGothicITCW01B 731063', 'Nimbus Sans TW01 Bold', Helvetica, sans-serif;"><font><a href="http://www.nation.co.ke/news/Banks-lose-Sh60m-in-electronic-theft/-/1056/2382722/-/ck0wga/-/index.html">Banks lose Sh60m in electronic theft</a></font></h1><div class="" style=""></div><div class="" style=""> </div><div class="" style=""><font size="2" class="" style=""><span style="font-family: times, serif;">----------------------------------------------------------------------------------------------</span><br style="font-family: times, serif;"></font><font size="2" class="" style=""><span style="font-family: times, serif;">Matunda Nyanchama, PhD, CISSP;
mnyanchama@aganoconsulting.com</span><br style="font-family: times, serif;"><span style="font-family: times, serif;">Agano Consulting Inc.; </span><a rel="nofollow" style="font-family: times, serif;" target="_blank" href="http://www.aganoconsulting.com/">www.aganoconsulting.com</a>; </font><font class="" size="2" style="">Twitter: <a rel="nofollow" target="_blank" href="http://twitter.com/#%21/nmatunda" class="" style=""><span class="" id="lw_1298476732_5" style="color:rgb(54, 99, 136);">nmatunda; </span></a></font><font class="" size="2" style=""><span style="text-decoration:underline;" class=""></span>Skype: okiambe</font><font size="2" class="" style=""><span class="" style="border-collapse: separate;"><span style="font-family: verdana, helvetica, sans-serif; font-size: 11px;"></span></span><br style="font-family: times, serif;"><span style="font-family: times,
serif;">----------------------------------------------------------------------------------------------</span></font></div><div style="color: rgb(0, 0, 0); font-family: times, serif; font-style: normal; background-color: transparent;"><span style="font-family: times, serif;"><font size="2" class="" style="">Manage your ICT risks</font></span><span style="line-height: 1.22; font-family: times, serif; font-size: 10pt;">! We are the experts you need! The trusted partners you deserve!</span></div><div class="" style=""><span style="font-family: times, serif;"><span style="font-size:10pt;" class="">Call: <span style="font-weight:bold;" class="">+1-888-587-1150 (Canada) +254-20-267-0743 (Kenya) </span>or <a rel="nofollow" class="" style="" href=""><span style="font-weight:bold;" class="">info@aganoconsulting.com</span></a></span></span></div><div style="color: rgb(0, 0, 255); font-family: times, serif; background-color: transparent;"><span
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