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Mastercard Hosts Cybersecurity Forum in Ghana with Ghana Cybersecurity Authority

June 8, 2023
2 min read
Author: Aayushya Ranjan

Mastercard in partnership with the Ghana Cyber Security Authority hosted their first-ever Fraud and Cyber Security forum in Ghana.

The forum highlighted the urgency of dealing with the threats and fraud prevention in the countries where Mastercard operates especially Ghana.

We must help businesses prepare for cyber-attacks and decrease financial risk by identifying data breaches, assessing cyber threats, and acting on insights. As the digital economy grows, so do the intentions of cyber criminals who are ready to exploit weak links. Our partnership with the Cyber Security Authority of Ghana, is a significant step towards ensuring the safety and security of our partners and customers.

Bossman Kwapong, The Country Director for Ghana, Mastercard

This meeting by Mastercard is borne out of the desire to prepare Ghanaian issuer banks against the increasing rate of cyber security threats within the banking ecosystem. It is a proactive engagement, and it must be supported by all. As a regulatory body, we can only be proactive and lead the national response through the implementation of appropriate policies and regulatory interventions. The CSA is currently implementing several regulatory activities including the Licensing of Cybersecurity Service Providers and Accreditation of Cybersecurity Establishments, and Cybersecurity Professionals.

Dr Albert Antwi-Boasiako, Acting Director-General of the Cyber Security Authority (CSA)

Our organization is pleased to partner with global technology leaders such as Mastercard. The positive work this organization has been doing to combat cyber threats, protecting most especially the customer and small businesses is remarkable. We hope this partnership is one of many to come.

Ernest Kwamina Yedu Addison, Governor of the Central Bank of Ghana

Online security is of paramount importance and we commend Mastercard’s proactivity in providing platforms where pertinent discussions such as cybersecurity and combating fraud, especially for customers, is being tabled. As financial institutions we aim to provide systems that are safe and reliable for all Ghanaians.

John Awuah, CEO, Ghana Bankers Association
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