Tag: Loan apps
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Over 420 suspected loan app operators arrested
Over 420 suspects engaged in loan app operations have been arrested. The Cyber Security Authority, in partnership with the Bank of Ghana and the Economic and Organized Crime Office (EOCO), launched a swoop as part of a combined Cyber security committee operation, which resulted in the arrest of the suspects. The joint operation involved a…
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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…