Cybercrime is costing Ghanaian businesses millions

Weak security architectures, the scarcity of skilled personnel and strict regulations have increased vulnerability in Ghana.

Cybercrime threats keep growing. Yet Ghana just like other African countries continue to fall short of protecting itself.

According to a recent study by IT services firm Serianu, cybercrime businesses, individuals, families, financial institutions, and government agencies.

Weak security architectures, the scarcity of skilled personnel and strict regulations have increased vulnerability in Ghana.

Cybercrime cost the west African country an estimated $54 million in 2017.

Many official agencies in Africa do not know the extent of the digital risk that cybercrime brings to state agencies such as governments.

Dozens of sites belonging to the Kenyan and Nigerian governments have been hacked in recent years, showing how vulnerable they are.

Last year, 50 students from one of Africa’s oldest universities, Makerere in Uganda, were removed from the list of graduates amid allegations of grade-tampering.

Banks and internal-revenue authorities are getting hit the most, especially through their web apps.

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