Dr. Albert Antwi-Boasiako — founder and Executive Chairman of e-Crime Bureau, warns that cyberattacks and social engineering pose existential risks to Ghana's digital economy.
Founder and Executive Chair of e-Crime Bureau, Dr. Albert Antwi-Boasiako, says cyberattacks have become an existential risk for businesses operating in the digital economy. …
Founder and Executive Chair of e-Crime Bureau, Dr. Albert Antwi-Boasiako, says digital fraud thrives when users lack awareness and institutions fail to build strong systems to detect and prevent attacks. …
Founder and Executive Chair of e-Crime Bureau, Dr Albert Antwi-Boasiako, says social engineering remains one of Ghana’s weakest links in the fight against digital fraud. …
Founder and Executive Chair of e-Crime Bureau, Dr Albert Antwi-Boasiako, says the cost of cybercrime has become so large that it must be treated as a major economic threat, not only a technology or law-enforcement problem. …
By Ernest Bako WUBONTO The e-Crime Bureau Executive Chairman, Dr. Albert Antwi-Boasiako, has expressed concern that traditional degree programmes are producing graduates who cannot operate in real-world threat environments because curricula have not kept pace with the speed and c …
Ghana's maiden Digital Economy Forum airs tonight at 8 p.m. on JoyNews and Joy FM, bringing together policymakers, regulators, financial institutions, and academics to discuss digital fraud's impact on consumer confidence and business growth.
Ghana's maiden Digital Economy Forum airs tonight at 8 p.m. on JoyNews and Joy FM, bringing together policymakers, regulators, financial institutions, and academics to discuss digital fraud's impact on consumer confidence and business growth.
Dr. Albert Antwi-Boasiako, founder of e-Crime Bureau, says cyberattacks have become an existential risk for banks, fintech companies, e-commerce platforms and other digital businesses, which must invest in protection and early detection systems to maintain revenue, customer trust and operational continuity. A Digital Economy Forum themed "The Trust Crisis" will examine how fraud and cybercrime are affecting confidence in Ghana's digital economy.
The founder of e-Crime Bureau says digital fraud in Ghana flourishes due to lack of user awareness and weak institutional systems to detect and prevent attacks. He argues that stronger "capable guardians" — including awareness, systems, and capacity for fraud detection and prevention — are needed as more people use mobile money, banking apps, and online platforms.
The Founder and Executive Chair of e-Crime Bureau says social engineering remains Ghana's weakest link in fighting digital fraud, with fraudsters increasingly exploiting human trust, fear and ignorance through phishing, cloned accounts, fake officials and impersonation of trusted brands.
e-Crime Bureau founder Dr Albert Antwi-Boasiako says cybercrime losses are so significant that if cybercrime were a country it would rank among the world's largest economies; West Africa and Ghana carry a significant share of these losses. The warning comes ahead of a Digital Economy Forum examining how fraud affects confidence in Ghana's digital economy.
Banks and fintech companies disagree over who faces heavier regulation in Ghana's digital financial sector, with each claiming the other operates under lighter supervision. The Bank of Ghana's Head of Fintech and Innovation says the real concern is that fraud can spread across the entire financial system if any part is weakly regulated.
The Bank of Ghana's Head of Fintech and Innovation warned that increasing fraud cases could erode public trust in digital financial services and reverse progress towards a cash-lite economy. He noted that 16,733 fraud cases were recorded across banks and payment service providers in 2024, up from 15,865 in 2023.
The Bank of Ghana's Head of Fintech and Innovation is calling for a coordinated, industry-wide system to combat fraud across banks, mobile money operators, and fintech companies, arguing that separate systems are inadequate in an interconnected ecosystem. Ghana's digital financial sector recorded 16,733 fraud cases in 2024, up from 15,865 in 2023, with payment service providers accounting for the majority.
Ghana has launched the Digital Economy Forum, a national platform bringing together policymakers, regulators, business leaders, academics, and others to examine technologies, policies and ideas shaping the country's digital future. Each edition will combine documentary investigation with televised dialogue to address pressing issues in digital commerce, financial services, cybersecurity, and other areas.
The e-Crime Bureau Executive Chairman has expressed concern that traditional degree programmes are producing graduates unable to operate in real-world threat environments because curricula have not kept pace with the speed and complexity of AI-driven attacks. He called for a structural reorientation of cybersecurity education toward formation of disciplined judgment through exposure to live environments, simulations, and real investigations.