Ghana recorded 1,818 online fraud cases between January and July 2026, accounting for about 47% of the 3,876 cybersecurity incidents reported during the period, the Cyber Security Authority (CSA) has disclosed.
Director-General of the CSA, Divine Selase Agbeti, disclosed the figures at the launch of the 2026 National Cyber Security Awareness Month in Accra.
According to him, the figures highlight the growing threat posed by cyber-enabled fraud as more Ghanaians increasingly rely on digital financial services.
Mr. Agbeti also cited data from the Bank of Ghana’s 2025 Fraud Report, which showed that reported fraud cases involving banks, specialised deposit-taking institutions and payment service providers increased by 48%, from 16,733 cases in 2024 to 24,778 in 2025.
The report further indicated that about GH¢101 million was at risk in the reported fraud cases.
The CSA Director-General warned that the rising incidence of cybercrime could undermine public confidence in Ghana’s rapidly expanding digital financial ecosystem.
He urged financial institutions and businesses to elevate cybersecurity from a technical or regulatory concern to a board-level responsibility.
Mr. Agbeti said customers could lose confidence in digital financial platforms if they believed their mobile money wallets could be emptied, bank transfers diverted or personal information misused without effective redress.
He stressed that cybersecurity should not be treated merely as a compliance requirement or a project left exclusively to information technology departments, but as an essential part of institutional governance and operational resilience.
Call for stronger cybersecurity measures
Mr. Agbeti called on financial institutions and businesses to strengthen their cybersecurity systems through measures including multi-factor authentication, improved identity management, regular vulnerability assessments and stronger incident-response mechanisms.
He also raised concerns about the growing use of artificial intelligence (AI) in cybercrime, noting that criminals were increasingly deploying technologies such as voice cloning, impersonation and sophisticated social-engineering techniques to defraud unsuspecting victims.
He urged organisations not to wait until they became victims before taking proactive measures to protect their systems, customers and data.
He said the future of Ghana’s digital financial sector would depend not only on the speed of technological innovation but also on the security and resilience of the systems supporting it.
Source: www.kumasimail.com
