The Cyber Security Authority has disclosed that Ghana incurred a substantial loss of GHS 49.5 million during the initial nine months of the year, primarily attributed to cyber fraud activities. This revelation underscores the critical imperative to redouble efforts in the fight against cybercrime and fortify measures to protect the nation's digital environment.

0

The Cyber Security Authority is diligently pursuing the implementation of a set of regulatory measures geared toward strengthening the cybersecurity landscape within the nation.As it underscores notable advancements in crafting a holistic cybersecurity framework, the Authority underscores its unwavering dedication to fortifying online endeavors and safeguarding the digital assets of both individuals and enterprises.

1

These statements were articulated by Dr. Albert Antwi-Bosiako, the Director-General of the Cyber Security Authority, during the commencement of the National Cybersecurity Awareness Month 2023.This year’s celebration centers around the theme “Promoting a Culture of Digital Safety.”The GHS 49.5 million loss serves as a stark reminder of the ever-present threat of cyber fraud and the imperative of fostering a culture of digital safety.Dr.

2

Albert Antwi-Bosiako said the cyber frauds reported to the Authority are in the forms of “cyberbullying, online loan apps, shopping frauds, romance fraud, settling impersonation among others”.It is essential for individuals and organizations alike to remain vigilant, adopt best cybersecurity practices, and collaborate with authorities to combat cyber threats effectively.

3