Governor warns of cyber threats, urges investment in security
Dr. Ernest Addison, Governor of the Bank of Ghana, has warned financial institutions in the country regarding the growing threat of cyberattacks.
He said the use of digital platforms for banking transactions presented both opportunities and some threats.
The Governor was speaking at the Chartered Institute of Bankers, Ghana's (CIB) Governors Day event in Accra.
The CIB Governors Day event was on the theme: "Resilience in the Financial System: Navigating Horizon Risks.”
The event also saw the investiture of three honorary members, who have made significant contributions to the industry.
The Governor cited the recent cyberattack on the Central Bank of Uganda, which resulted in a loss of $16.8 million, as a stark reminder of the potential conseque...