Ghana has taken a significant step towards fortifying its digital defenses against a surge in data breaches. The Ghana Cybersecurity Authority (CSA) recently awarded licenses and accreditation to a record-breaking 51 cybersecurity providers, marking a crucial milestone in the nation’s fight for online security.
This initiative establishes Ghana as a frontrunner in Africa, and the second country globally (following Singapore) to implement a comprehensive regulatory framework for cybersecurity professionals, establishments, and service providers. This framework aligns with the Cybersecurity Act of 2020 (Act 1038), specifically sections designed to empower the CSA to oversee and regulate the industry. The Act ensures that services provided adhere to rigorous security standards and procedures, ultimately safeguarding Ghanaian citizens and institutions.
The newly licensed entities encompass a diverse range of cybersecurity experts:
- Cybersecurity Service Providers: Virtual Infosec Africa, e-Crime Bureau, and CWG Ghana are just a few examples of the service providers now officially recognized by the CSA.
- Cybersecurity Establishments: Leading financial institutions such as Absa Bank, Access Bank, Fidelity Bank, and Guarantee Trust Bank have received accreditation for their cybersecurity measures.
- Cybersecurity Professionals: The licenses granted to individual professionals like Kester Quist-Aphetsi, Tornyelli Tetteh, Jeannette Quayson, Olivia Jones, and Ebenezer N. Nakoja underscore the comprehensive nature of this initiative.
The licensing process for professionals will require annual renewals, while establishments and service providers will maintain their licenses for two years.
A Commitment to Enforcement:
Albert Antwi-Boasiako, Director-General of the CSA, emphasized the Authority’s unwavering commitment to enforcing cybersecurity regulations. He issued a strong warning to any entities or individuals who disregard the established rules, highlighting the potential for significant consequences, including fines and even criminal charges.
Celebrating a Milestone, Addressing a Challenge:
Mr. Antwi-Boasiako described this event as a landmark achievement, reflecting Ghana’s unwavering dedication to building digital security and resilience. Recent statistics underscore the urgency of these efforts. According to a report by Surf Sharks, Ghana ranked a concerning number nine globally in terms of data breaches for 2024. The first quarter alone witnessed a staggering 997% increase compared to the last quarter of 2023.
Read also: Tech Trailblazer: Meet Faiza Seidu-Adam, a Ghanaian Woman Conquering Cybersecurity.
Further underscoring the challenge, Mr. Antwi-Boasiako disclosed in September 2023 that cyber fraud incidents caused substantial financial losses totaling $4.33 million during the first half of that year. These figures likely represent only a fraction of the true cost, considering the potential number of unreported cases.
The CSA is not resting on its laurels. Looking ahead, Mr. Antwi-Boasiako further expressed the Authority’s commitment to issuing additional licenses and rigorously enforcing the regulations. This dedication ensures that Ghana’s digital landscape is protected from cyber threats, promoting a more secure and prosperous online environment for all.
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