Ghana's Cybersecurity Framework Faces Exploitation Risks Amid Institutional Gaps

• •Cyber attackers are exploiting institutional gaps in Ghana's cybersecurity framework.
• •Collaboration among financial institutions and regulators is essential for effective threat intelligence sharing.
• •The Bank of Ghana is establishing digital forensic laboratories to enhance cybersecurity efforts.

Ghana's Cyber Security Authority (CSA) has reported that cyber attackers are increasingly exploiting gaps in the country's cybersecurity framework. Dr. Divine Selase Agbeti emphasized the need for financial institutions to utilize actionable threat intelligence to proactively combat cyber threats. He highlighted the importance of collaboration among financial institutions, telecommunications companies, and regulators to improve information sharing and intelligence exchange. The recurring nature of cyberattacks suggests inadequate intelligence sharing among defenders. The Bank of Ghana is working with the CSA to establish digital forensic laboratories to enhance the analysis of digital evidence. This situation coincides with National Cybersecurity Awareness Month, which aims to promote cybersecurity best practices. The CSA's call for collaboration underscores the critical need for a unified response to strengthen Ghana's cyber resilience.