Tag: BOG

Build robust systems to prevent cybersecurity incidences – BoG cautions banks

In light of the COVID-19 pandemic, the Bank of Ghana (BoG) urgently called on all banks to develop  robust systems to avoid cyber security impacts in the financial sector. Dr. Ernest Addison, Governor of the Bank of Ghana, highlighted three major risks uncovered by the COVID-19 pandemic which banks must handle efficiently to prevent unexpected consequences. Dr Addisson said these risks include cybersecurity, credit and operations. He spoke at a webinar organized by the Ghana Association of Bankers (GAB) about banking risk management at  ...

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