Ghana loses $18 million to cybercrime

Ghana suffers financial losses to the tune of GH₵209,7 million (US$18 million) as a result of cybercrime in the first nine months of 2026.
Ghana suffers financial losses to the tune of GH₵209,7 million (US$18 million) as a result of cybercrime in the first nine months of 2026.

Ghana recorded financial losses of GH¢209.7 million (about US$18 million) from cybercrime in the first nine months of 2026, according to the Cyber Security Authority.

The authority recorded 4,938 cybersecurity incidents during the period, highlighting growing threats to the country's digital economy.

Mohammed Adams Sukparu, deputy minister of communication, digital technology and innovations, disclosed the figures while delivering the keynote address at the recently concluded CyberSecure Ghana International Conference in Accra. 

The event was held under the theme, "Securing Ghana's Digital Economy: Leadership, Trust and Cyber Resilience".

Sukparu described the situation as a serious economic and governance concern, adding that public confidence remained central to the success of Ghana's digital economy.

He outlined government efforts to strengthen the country's cybersecurity framework, revealing that vulnerability assessments had been completed for 25 critical information infrastructure institutions this year.

In addition, 479 cybersecurity service providers, 116 establishments and 2,685 professionals had been licensed or accredited.

More than 84,000 children and young people had also received cybersecurity awareness training.

Sukparu said the ministry was working towards establishing a digital fraud monitoring system to strengthen efforts against cyber-enabled fraud.

He urged institutional leaders to integrate cybersecurity into strategic decision-making, invest in secure systems and staff training, and establish effective incident response plans.

"You may outsource a service, but you cannot outsource accountability for the risks it creates," Sukparu said.

He called on government institutions, businesses and technology stakeholders to prioritise cybersecurity as Ghana advances its digital transformation agenda.

The latest figures come amid growing concerns about cybercrime across Ghana's digital economy. 

ITWeb Africa reported in September 2026 that cyber incidents increased by 52%, from 1,317 in the first half of 2024 to 2,008 in the corresponding period of 2025. 

Cybercrime losses reached GH¢14.94 million during the first half of 2025, with online fraud and impersonation accounting for more than 90% of the losses.

Ghana is also strengthening protection for its critical infrastructure. The government has identified 13 critical information infrastructure sectors and approximately 200 institutions requiring protection, including those responsible for power, water, transport, healthcare and financial services.

At the conference, the ministry unveiled a new emblem for Shiv India Institute of Management and Technology University, an Indian-Ghanaian private higher education institution headquartered in Accra. The institution specialises in technology-driven and practical IT and business education.

Ghana's cybersecurity framework is anchored by the Cybersecurity Act, 2020, which established the CSA as the country's primary regulatory authority responsible for overseeing, coordinating and enforcing cybersecurity measures.

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