Ghana Loses Over GH¢19 Million to Cybercrime Between January and September 2025 – CSA

7 days ago

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Ghana has recorded more than GH¢19 million in financial losses to cybercrime in the first nine months of 2025, according to the Cyber Security Authority (CSA). The figure marks a 17 percent rise compared to the same period in 2024, underscoring the growing sophistication of cyber threats targeting individuals, businesses, and institutions across the country.

Head of Law Enforcement and Liaison at the CSA, Colonel George Eduah Bessi, disclosed the statistics during a cybersecurity awareness event held in Accra as part of the National Cybersecurity Awareness Month. He described the trend as alarming and urged both public and private institutions to invest in cyber resilience systems, emphasizing that most of the reported losses stemmed from online fraud, business email compromise, mobile money scams, and identity theft.

“Cybercrime is evolving. Criminals are using artificial intelligence, social engineering, and phishing tools to outsmart even the most cautious users. Every Ghanaian must take cybersecurity seriously,” Colonel Bessi warned.

Ghana Loses Over GH¢19 Million to Cybercrime Between January and September 2025 – CSA

The Authority revealed that many of the incidents recorded in 2025 involved social media impersonation, fraudulent investment schemes, and mobile money manipulation — attacks that continue to exploit gaps in user awareness and weak digital infrastructure security.

According to the CSA, its incident response teams have handled over 1,700 reported cases between January and September, with an additional 900 under active investigation. The Authority has partnered with the Ghana Police Service’s Cybercrime Unit, the Bank of Ghana, and major telecom operators to trace digital footprints and block suspicious accounts linked to ongoing scams.

Dr. Albert Antwi-Boasiako, Director-General of the CSA, in a separate statement, reaffirmed the government’s commitment to combating cybercrime through capacity-building, international cooperation, and enforcement of the Cybersecurity Act 2020 (Act 1038). “The threat landscape is dynamic, and so must be our response. Protecting citizens’ digital trust is essential for national security and economic stability,” he said.

Cybersecurity experts have warned that the increasing use of mobile money, e-commerce, and digital banking platforms has created new vulnerabilities for attackers to exploit. They have called for stricter verification mechanisms, public sensitization campaigns, and routine audits of financial systems.

Meanwhile, the CSA is urging the public to verify suspicious messages, avoid sharing personal data online, and report incidents immediately through the Authority’s short code 292.