Capital Bank foils hacking attempt

Friday, February 24, 2017

Capital Bank could have lost millions to fraudsters

Capital Bank Botswana recently foiled an attempt to hack its swift account in which the bank could have potentially lost millions of pula in what seems to be an emerging fraudulent activity affecting many local banks.

BusinessWeek has learnt that the hackers tried to compromise the bank’s swift account by using malware (malicious software) downloaded from an internal email.

Swift is an acronym for the Society for Worldwide Interbank Financial Telecommunication that provides a network that enables financial institutions worldwide to send and receive information on financial transactions.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

By-elections often arrive quietly, triggered by unfortunate circumstances such as the death of the area councillor PIC: KENNEDY RAMOKONE

Moremaoto votes, parties face reality

Tsaone Basimanebotlhe | 2d ago

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 2d ago

Day 3: Search for Maun missing boy continues

Staff Writer | 2d ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 2d ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 2d ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 2d ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 2d ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 2d ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Capital Bank foils hacking attempt

Capital Bank Botswana recently foiled an attempt to hack its swift account in which the bank could have potentially lost millions of pula in what seems to be an emerging fraudulent activity affecting many local banks.