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CEOs of state companies to be assessed on Cyber security issues – Asamoah-Boateng hints

The Director-General of the State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng, has hinted that going forward, Chief Executive Officers (CEOs) of State-Own Enterprises would be assessed on how they leverage on the Cyber Security Act 2020, Act 1038, in protecting information flow.

The Director-General of the State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng, has hinted that going forward, Chief Executive Officers (CEOs) of State-Own Enterprises would be assessed on how they leverage on the Cyber Security Act 2020, Act 1038, in protecting information flow.

READ ALSO: SOEs contribute massively to employment- SIGA boss

According to Mr. Asamoah-Boateng, Ghana cannot wait for a cyber security attack on the country before the country begins to act, so the government through the Ministry of Communication established the Cyber Security Authority Act to regulate the digital space.

He said one of the criteria that SIGA is going to employ in terms of the monitoring and evaluation strategy in relation to the performance contracts and how they are signed is to assess CEOs base on how their application of this Act to ensure the digital environment is safe and does not pose any threat to the state.

Mr. Asamoah-Boateng made these statements yesterday at the ongoing workshop on ‘The New Cybersecurity Act 2020, Act 1038, for Chief Executives Officers (CEOs) for State-Owned Institutions organized by the National Cyber Security Authority,’ as 2021 being cyber security awareness month.

He said the digital environment is too dangerous for one to sit unconcerned and fold their arms as a country because a click of a bottom can cause the fortune of a whole nation hence the government’s swiftness to protect and regulate that sector.

READ ALSO: Digitalisation has made banks vulnerable to cyber-attacks – Dep. BoG Governor

The Director-General of SIGA said the Act seeks to regulate cybersecurity in the country, prevent, manage and respond to cybersecurity threats and incidents, regulate owners of critical information infrastructure in respect of cybersecurity activities, service providers, and practitioners, and promote the development of cybersecurity.

He added that the Act also establishes a platform of cross-sector engagement of cybersecurity between the public and private sector, creates awareness, and collaborates with international agencies.

Mr. Asamoah-Boateng said companies in countries such as France, Germany, Ukraine, Italy, and many others have recently reported cyber security threats so it is therefore imperative that state-owned enterprises work closely with the authority to minimize exposure and protect government investment on behalf of the people.

“Whilst you discuss challenges confronting the digital space, we charge all CEOs, Director General, Managing Directors, General Managers, and Executive Secretaries to leverage on their effect of protecting the environment from cyber threat,” he stated.

The Acting Director-General of Cyber Security Authority, Dr. Albert Antwi-Bosiako, said government data is very important and any threat will have a serious consequence on the country hence the workshop to educate and enlighten these CEOs on the need to protect their various institutions.

“The more digitalized we become in our institutions, the more susceptible we are to cyberattacks, and hence now more than ever, CEOs must better appreciate and understand the potential impact of cyber-threats on every sphere of our establishments.

Even though it is necessary that we have experts to oversee and ensure cybersecurity in our companies, we also appreciate that the ultimate responsibility of protecting our agencies lies at the doorstep of the CEO,” Dr. Antwi-Bosiako stated.

He said the CEO of state-owned enterprises or institutions needs to train their workers to be abreast with cybersecurity issues and the need to protect the information flow in the organization.

Dr. Antwi-Bosiako said the effects of cyber-attacks are mainly on a company’s revenue and customer experience, and these are important elements for every organization’s existence, if not the most important.

More importantly, government data is sensitive information, and any unauthorized disclosure especially through cyber-attacks could harm not only the reputation of Ghana but could also have serious developmental and national security consequences.

Dr. Antwi-Bosiako and other cyber security experts took the CEOs through some of the provisions of the cybersecurity Act 2020, Act 1038, and the mandate of the Cyber Security Authority to collaborate with them in the implementation of the Act in order to achieve a secure and resilient digital Ghana.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: freedomradiogh

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