As the CNSS hacking continues to shake Morocco, the response has been swift. In a dramatic counterattack, a group of Moroccan hackers infiltrated the systems of Algeria’s Social Security Fund for Postal and Telecommunications Workers (MGPTT), leaking 13 GB of sensitive data—including ID numbers, money transfer orders, and administrative documents. This marks a new chapter in the ongoing, silent digital war between Rabat and Algiers.
Moroccan banks may face trouble with potential external shocks due to their weak asset quality and high risk appetite, according to Fitch Ratings. The credit rating agency, through a report issued on the 19th of July, suggests to reevaluate the strength of the Kingdom’s financial institutions. Details.