Tuesday, 23 April

Wednesday, 20 March, 2024

Ethiopian Banks Experience Technical Glitch Allowing Customers to Withdraw Millions

Ethiopian Banks Experience Technical Glitch Allowing Customers to Withdraw Millions

Ethiopian banks encounter a technical glitch that enables customers to withdraw millions of currency units. The glitch, which affected multiple banks, led to unexpected withdrawals and financial disruptions. Authorities are investigating the incident to understand the cause of the glitch and assess the extent of the financial impact. The incident highlights the importance of robust cybersecurity measures and effective risk management in the banking sector.

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