CSA demands faster sharing of cyber threat intelligence among financial institutions

The Cyber Security Authority (CSA) has urged financial institutions, fintech firms, telecommunications companies, regulators and law enforcement agencies in Ghana to accelerate the sharing of cyber threat intelligence. Director-General Divine Selasie Agbeti argued that cybercriminals don't recognize institutional boundaries and often take advantage of the gaps between organizations to launch attacks.

Speaking at the launch of the National Cyber Security Awareness Month (NACSAM) for 2026, Agbeti emphasized that institutions must collaborate more effectively to counter emerging threats. He stressed the need for rapid exchange of actionable information to detect and thwart attacks before they cause financial damage. "We need banks to share threat intelligence, telecommunications firms must partner with banks and fintechs, regulators, technology companies, law enforcement and cyber security firms must communicate quickly," Agbeti said.

The interconnected nature of Ghana's digital economy means a cyberattack on one business can quickly become a threat to others and their customers. According to Agbeti, the effectiveness of collaboration should be measured by how quickly institutions can identify, communicate and respond to threats, not by the number of agreements signed.

He warned that delayed sharing of threat information could lead to institutions repeatedly falling victim to the same attacks. "If one institution detects an attack today, and another experiences the same attack tomorrow, because intelligence was not shared, we have collectively failed," Agbeti cautioned. He also urged boards and senior executives of financial and technology firms to consider cybersecurity as a business and economic risk, not just an IT issue.

"Cybersecurity must not be confined to technology departments; it is a business risk," Agbeti stated.