Bank of Tanzania drafts tough cyber security rules amid rising digital fraud

Dar es Salaam. Bank of Tanzania (BoT) is drafting new cybersecurity guidelines for financial service providers to curb rising digital fraud risks and protect public confidence as Tanzania’s digital financial ecosystem expands.

The proposed Cybersecurity Guidelines for Financial Service Providers, 2026 come amid growing concerns over cyber threats, including a recent Sh147.5 billion bank card fraud that exposed weaknesses in payment systems and internal controls across several institutions.