The Cyber Security Authority (CSA) has reported a significant increase in cybercrime cases, with financial losses exceeding GH¢19 million between January and September 2025.
Speaking at the International Conference on Information Systems and Emerging Technologies on Monday, October 27, the Head of Cyber Security Technology Standards, Jake France, disclosed that incidents of online fraud have surged sharply this year.
“The rising connectivity has been accompanied by increasing cyber threats. Between January and March 2025, CSA recorded 305 cases of online fraud, up from 194 in the same period last year. The financial losses in that span grew from about 2.4 million to 4.4 million Ghana cedis,” he said.
Mr. France further revealed that cases of online blackmail and sexual extortion have also seen a worrying increase.
“Losses from online blackmail and sextortion have also surged, 155 incidents in the first four months of 2025, with financial damage approaching 500,000 Ghana cedis, nearly five times the amount recorded during the same period in 2024. From January to September 2025, the CSA recorded a total cybercrime-related financial loss of 19,313,000,” he stated.
He cautioned that while emerging technologies such as robotics, blockchain, and cloud computing continue to drive innovation and opportunity, they also heighten exposure to cyber risks—making it essential to promote secure and ethical technology adoption.
The conference, hosted by the Ghana Communication Technology University (GCTU) in collaboration with the Namibia University of Science and Technology, was themed “Emerging Technologies and Industrial Revolution for Sustainable Development.”
Source: citinewsroom.com