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KCB Group dispels concern on alleged data breach


Kenya Commercial Bank (KCB) has dismissed claims of an alleged data breach in one of its systems terming them false and unfounded.

In a statement released on Friday, the lender said that all its systems, including its mobile app which had been singled out in the claims, have been extensively tested by security experts and ruled out any breach.

“An investigation points to malicious misinformation that has caused concern among some of our customers. The alleged customer data breach has been found to be false,” read part of the statement.

The bank was responding to allegations of data infringement made in an online news report based on claims by a Burundian hacker named Chris Irakoze.

DATA BREACH

The technology website, quoting Mr Irakoze, said that KCB may have suffered a massive data breach as a file with the details of more than 500,000 customers – detailing their names and phone numbers – appeared online.

The bank is working with the relevant authorities to take the necessary legal action against the parties who originated this misinformation.

“Our commitment as a trusted partner is to continually offer secure and best in class banking experience using new technology. We wish to assure all our customers that our platforms and data are highly secured. There is no breach to our systems,” KCB said in a statement.

The alleged data breach, the publication said, was first brought to light by Mr Irakoze in September.

The lender further blamed the reports that had surfaced online on “malicious misinformation”, which it says has caused concern among some of its customers.