NMBZ beefs up cyber defence

NMBZ announced that it was finalising external lines of credit totalling US$70 million to support productive sector lending.

NMBZ Holdings (NMBZ) is tightening its digital defence systems and increasing surveillance to counter rising cyber-crimes and protect customers’ assets and data.Cybercrime, mainly in the banking sector, has escalated significantly in Zimbabwe, exacerbated by rapid digitalisation, mirroring global trends.In response, financial institutions are investing in strong systems, staff training, and collaborating with public and private…

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