The Bank of Tanzania issued a public notice correcting what it described as deceptive reports about an alleged cyber-attack on banks, stating that the national payment systems and customers’ deposit accounts in banks and financial institutions are secure. It said the misinformation has been prompting customers to withdraw funds on the claim that cybercriminals will attack banking systems, causing losses and disruption to services. The central bank advised the public to maintain deposits within banking institutions, citing benefits including interest or annual profit, safekeeping of funds, and insurance in the event of bank insolvency. It warned individuals disseminating the misleading reports to stop immediately and said it will work with law enforcement agencies to pursue stringent legal measures against anyone who continues spreading the claims.
Bank of Tanzania 2025-11-22
Bank of Tanzania debunks alleged cyber-attack claims and warns of legal action against misinformation
The Bank of Tanzania issued a notice refuting deceptive reports of a cyber-attack on banks, affirming the security of national payment systems and customer deposits. The central bank urged the public to keep deposits in banks, highlighting benefits such as interest, safekeeping, and insurance. It warned against spreading misinformation and will collaborate with law enforcement to take legal action against offenders.