The sports category has moved to a new website.

Ghana loses $77million to cyber crime in 2019

The National Cyber Security Adviser, Dr Albert Antwi-Bosiako, has revealed that the country has lost some $77million to cyber crime cautioned in the year.

Ghana loses $77million to cyber crime in 2019

According to him, the cyber-attacks will escalate in the coming years, given the increase in Internet penetration and the massive reliance on ICT devices for transactions.

“Cyber-attacks promise to escalate in the years to come, especially with the increase in Internet penetration and the massive reliance on ICT devices – such as the use of mobile phones for transactions and interaction by citizens. Mobile phones have facilitated easy access to social networks and to business transactions,” he said.

Dr Antwi-Bosiako said this while he spoke to journalists after the launch of a Point of Contact (POC), an innovation to curb cyber crime in the country.

He noted that a successful infiltration of these systems and platform will not only undermine confidence in the country’s digitalisation measures but also have detrimental impacts on the economic activities of individuals.

ADVERTISEMENT

Ghana’s payment system shows that the registered number of mobile money accounts increased to 22.99 million in June 2018 from 21.36 million recorded in June 2017.

This, however, means that a significant percentage of the population are sending and receiving money through their phones.

The Advisor, hence, noted that although the figure recorded the previous year ($105million) was more than this year, it is important to put measures in place to help curb the menace.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

10 African cities with the highest crime index at the start of 2024

10 African cities with the highest crime index at the start of 2024

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Details of Ngina Kenyatta's luxurious restaurant

Details of Ngina Kenyatta's luxurious restaurant

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

10 African countries with the strongest military power in 2024

10 African countries with the strongest military power in 2024

ADVERTISEMENT