CYBER CRIME: UGX 170b lost and less than 1% is ever recovered according to police
A police report of 2019 shows that 11.2 billion was lost to cyber-related crime which experts say is just the tip of the iceberg. This is so because in a survey for the same period done by Summit Consult a cybercrimes outfit reveals that 171 billion shillings was lost. This is because many victims never declare their losses.