Tag: cybersecurity
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Cybersecurity expert urges BoG to strengthen regulation of loan apps to safeguard borrowers
Cybersecurity expert, Maximus Ametorgoh has called upon the Bank of Ghana to strengthen its regulation of loan applications, citing the potential risks faced by borrowers due to the proliferation of uncertified loan apps. His recommendation comes in response to recent actions taken by the Bank of Ghana, which has cracked down on 97 loan applications…
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Elizabeth Sloane Looks to Expand Employment Opportunities in Africa with the Upskilling of ICT Professionals
This first-of-its-kind cybersecurity upskilling program for English-speaking Africa and the Caribbean aims to upskill ICT professionals through grants totaling US$14.6 million. AFRICA – Elizabeth Sloane Institute of Technology (ESIT) has gained board approval to provide Cybersecurity Education and Employment Opportunities with the upskilling of ICT professionals through a US $14.6M grant program. This marks the…
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Financial institutions charged to procure advanced systems to deal with cyber threats
The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has challenged financial institutions to continuously examine the state of their security systems and design appropriate mechanisms to counter possible cyber threats. The financial sector, according to the 2020 Banking Industry Fraud report, saw the value of attempted cyber fraud in general rise…