Nasfund Contributors Savings and Loans Society (NCSL) has assured its members that their contributions are safe and secure despite the shutdown of its system due to a cyber security threat. According to the NCSL Chief Executive Officer (CEO) Mr. Vari Lahui, they have had to shut down their online portal and other services to protect the entire system from being breached and data stolen. “This issue happened on Wednesday 1st of March when we were starting out start of the day process, when we identified a threat in our system and so based on the expert advice we received, we decided to voluntarily shutdown the system.” “The reason why we wanted to do this is that the threat we identified had the potential to provide further issues for us and complications for us,” he explained. He said while the shutdown is in effect, NCSL team will continue to go through the system, better identify the threat and have it sorted out, so that the system can be safe to go back on line. However, he re-assured the members of NCSL that all their funds and information on whatever transactions done before the shutdown, are intact and safe. He added that no data was stollen. “I want to convey to our members that their funds are safe and secure, there are no loss of data. This is contrary to some of the false information that is being propagated out there by some people. To the contrary, the members funds are safe, and they will notice this when we bring the services up when they check their balances.” Mr. Lahui also confirmed that the system should be up and running in the next seven days, in the meantime members wanting to do emergency transactions can do so manually at the NCSL branches located through the country.