As Ghanaian banks move more operations to the cloud, the risk of cyberattacks and operational disruption is growing, prompting the Bank of Ghana (BoG) to step up its oversight with cutting-edge technology.
Speaking at the 42nd Annual General Meeting of the Ghana Association of Banks, Governor Dr. Johnson Asiama said the central bank is investing in AI-driven supervisory tools and operationalising a Cyber Threat Intelligence Platform to share real-time information between banks and fintechs.
“The Bank is investing in AI-driven supervisory tools and operationalising a Cyber Threat Intelligence Platform to share information between banks and fintechs,” Asiama said, highlighting how the move aims to detect threats faster and strengthen operational resilience.
He added: “Cyber maturity is now a measure of institutional soundness, and our supervisory priorities will increasingly reflect that,” signaling that banks’ ability to manage cyber risks is now as crucial as capital buffers.
The Governor also announced that BoG is piloting an ESG and Climate-Risk Reporting Template, encouraging banks to factor sustainability into lending and investments.
These initiatives mark a major shift toward a future-ready banking sector, combining digital innovation, cyber resilience, and sustainability, and providing a strong foundation for confidence, growth, and inclusion in Ghana’s financial system.
