The Uganda Bankers’ Association (UBA) has partnered with global payments leader Visa to boost cyber defences across the financial industry amid rising threats of digital crime.
At a workshop held at the Sheraton Hotel in Kampala on Monday, executives and technical leads from commercial banks, regulators, law enforcement, and payment providers came together under the theme “Cyber Threats, Smarter Defenses: Strengthening Uganda’s Fight Against Cyber Crime.”
Wilbrod Humphreys Owor, UBA’s Executive Director, described cybercrime as a “shared threat that demands shared attention,” urging financial institutions to close ranks and strengthen collective resilience.
Visa’s General Manager for East Africa, Chad Pollock, stressed the importance of trust in sustaining digital commerce. “Strengthening cybersecurity across the financial ecosystem is not just a technical requirement, it is a business and societal imperative,” he said.
The session explored current global threat trends, incident response, and strategies for building resilience. Participants highlighted the need for collaboration and intelligence-sharing to safeguard customer trust as Uganda’s banking sector continues its rapid shift toward digital services.
With cybercriminals deploying increasingly sophisticated methods, from insider manipulation to phishing schemes, the joint effort between UBA and Visa signals a strong commitment to fortifying defences and setting new standards of vigilance in Uganda’s financial sector.