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Originally published by Capital Business
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business
November 27, 2025
17h ago

Payment fraud leads Kenya cybercrime losses at Sh29.9bn

Payment fraud leads Kenya cybercrime losses at Sh29.9bn

NAIROBI, Kenya, Nov 27 - Payment fraud is now the most common cybercrime in Kenya, driven by real-time money transfers, weak monitoring systems, and Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya lost Sh29.9 billion (USD 0.23 billion) this year to cybercrime, with payment fraud emerging as the most prevalent issue, according to the 2025 Serianu Cybersecurity Report. This surge in losses highlights weaknesses in monitoring systems and rising social-engineering attacks.

  • Payment fraud is the leading cybercrime in Kenya, driven by real-time money transfers and weak monitoring.
  • The Government is establishing a Centralized Government Security Operations Centre to improve national cyber readiness, as announced by Secretary to the Cabinet Mercy Wanjau.
  • Africa-wide cybercrime losses surged to Sh650 billion (USD 5 billion), reflecting increasingly sophisticated attacks across the continent.

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