International Bank for Commerce and Industry of Senegal

International Bank for Commerce and Industry of Senegal, known by the alias BICIS, is a financial institution headquartered in Senegal. As a bank, it provides core banking services such as deposit taking, loan issuance, and payment processing to its customers. The bank serves a diverse clientele that includes individual consumers, businesses, and institutional clients. Specific mention in public reports indicates that its client base encompasses entities such as pharmacies and notary offices. BICIS operates within the Senegalese banking sector, contributing to the country's financial intermediation and economic activity.

In April 2025, BICIS underwent a system migration from its legacy Connexis platform to a new My Sunu Corporation application. During this migration, cybercriminals exploited vulnerabilities to gain unauthorized access and debit approximately 211 million CFA francs from client accounts. The illicit transfers were traced, leading to the arrest of several individuals involved in the fraud, including Modou Diom, Khadim Khouma, and Sunday Akamib. The incident prompted a judicial investigation charging the suspects with multiple offenses ranging from theft to money laundering. This event highlights the bank's exposure to cyber risk during technological transitions and underscores the importance of robust security controls in banking operations.