Tag: cyber crime
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Digital analyst reiterates calls for banks to safeguard data of customers
Maximus Ametorgoh, a Digital Marketing Strategist, has emphasized the importance of banks giving priority to the data security of their online banking customers. This, he believes, will help to reduce the number of cyber-attacks that occur. He points out that a weak online banking platform has the potential to disrupt the economic growth of individual…
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Data controllers granted 6-month relief to regularize their operations
The Ministry of Communications has granted amnesty of six months to allow data controllers in Ghana register with the Data Protection Commission (DPC). This forms part of efforts to regulate the cyber protection space and effectively monitor all stakeholders in the space. The amnesty, starts from October 2020 to March 2021, according to the sector…
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Financial service consumers cautioned against increased cyber-crime amid Covid-19
As more people rely on digital banking platforms to reduce human interface in the wake of the COVID-19 pandemic, some analysts in the some financial space have cautioned consumers to be wary of increasing cyber fraud. According to some observers of the financial sector, there was an increase in cyber fraud in Ghana during the…
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COVID-19: Bank of Africa to leverage on global presence and tech to serve customers
Executive Head Corporate and Enterprise Banking at Bank of Africa (BoA), Mr. William Boateng, has noted that the outbreak of the coronavirus pandemic is changing the dynamics of banking across the globe. He explained that the pandemic is ushering the banking system into a new era where bank and customers heavily rely on technology to…
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$4m NCA scandal: Former Director-General and two others jailed
Three former Board of Directors of the National Communications Authority, NCA, have been given prison sentences totaling 16 years for their roles in the “clandestine” purchase of four million dollar cyber security equipment. The three, a former board chair of the NCA, Eugene Baffoe-Bonnie, was sentenced to six years imprisonment William Tetteh Tevie, a former…
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Communications Minister asks int’l community to probe application of cyber-space laws
The Minister for Communications, Mrs Ursula Owusu-Ekuful, has asked the international community to interrogate the application of international law in cyberspace. According to the Minister, further clarity is needed on this issue with the growth of the global digital economy. Delivering a keynote speech at the formal opening of the Octopus Conference 2019 in Strasbourg,…
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Communications Ministry urges funding for cyber-security in 2020 budget
Ahead of the presentation of the 2020 budget on November 14, 2019, the Minister of Communications Ursula Owusu-Ekuful has called for a comprehensive statement in the budget about how government intends to fund cyber-security in Ghana. Latest figures from the Cyber-Crime Unit of the Criminal Investigations Department of the Ghana Police Service has shown that…
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Dedicated funding for cyber-security in Africa needed
A dedicated source of funding is needed to boost cyber security in Africa, stakeholders speaking at the 2019 Ghana National Cyber Security Awareness Forum have said. According to them, a permanent and sufficient funding needs to be secured to combat the rise in cyber-crime across the world. They shared the comments at the 2019 National…
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Ghana lost US$105 million to cyber-crime in 2018 — CID
Latest figures from the Cyber-Crime Unit of the Criminal Investigations Department of the Ghana Police Service has shown that money lost to cyber fraudsters increased from US$35million in 2016 to US$105million in 2018. Dr. Gustav Yankson, Director of the Cybercrime Unit of the Criminal Investigation Department, Ghana Police Service who revealed this said it added…
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Mobile money fraud: Police, telcos seek review of prosecution process
The Cyber Crime Unit of the Ghana Police Service is advocating a possible review of the current process in investigating and prosecuting fraud cases in mobile money transactions. The security agency believes the current procedure could partly be blamed for the seeming lack of interest for victims to report instances of fraud hence increase in…