Using training to mitigate the cybersecurity skills gap: the case of Mercantile Credit Bank

Have you ever experienced or heard about a house break-in?

Referenced from Daily Monitor of 15th October 2019: “At 3:20 am, a one Crispus Mugabe, a resident of Seeta Village, Kasangati Municipality Wakiso District was attacked by 5 criminals armed with machetes. They raided his home and took away with them electronic appliances, Ugx2m, and a vehicle.”

Unlike cyber criminals who have similar motives, they are more sophisticated and use skills to steal from you. The robbers use machetes while cybercriminals take time to understand the target, and how to attack. They write scripts that are erupted with malware and send it to your computer to infect it. They then gain access to your IT systems and steal money by transferring to their accounts or steal customer data to be sold on black markets.



If there is a house break-in, you want much as possible to save a life. Meanwhile, data is the life of your financial institution, you must protect. In line with this, Summit Consulting Ltd in conjunction with the Institute of Forensics and ICT Security delivered a FREE cybersecurity training to close the knowledge gap at Mercantile Credit Bank Ltd (MCBL). As MCBL restructures to become a boutique bank with responsive customer offerings, its important staff are knowledgeable about the emerging cyber threats in the sector. The session comes with practical demonstrations to illustrate hacking.

To claim your FREE Cybersecurity training for your organization; click or

The session is worth US$4,000 but delivered free of charge. Protect your and customers’ data.

Testimonies from the managers

  1. The practical demonstrations by Summit Consulting Ltd of what real hackers do to comprise systems are very revealing. The training is practical and engaging. I have enjoyed. Ronald Jaggwe, Executive Director
  2. I witnessed a real scenario of the attacks of what hackers can do. I enjoyed every minute of the training; Eric Kayongo, Financial Controller
  3. The training is top-notch. I was unaware that all the activities I carry out on my computer can be a threat to the entire bank. Am glad I have gotten the right training. Thanks very much, Summit Consulting Ltd; Deo Kawooya, Business Development Manager

 About Mercantile Credit Bank Ltd

Mercantile Credit Bank Limited (MCBL) was incorporated in Uganda in December 1981 and only commenced operations in July 1986.
The Bank started as a Merchant Bank facilitating importation and exportation.

The Bank’s vision is “To be a leading quality player and Customer Development partner in the financial sector in Uganda.”

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