The Bank of Ghana launched a new Cyber and Information Security Directive (CISD) for the financial industry, positioning it as an updated regulatory guide and strategic framework to strengthen cyber defence and preparedness across the sector. In the First Deputy Governor’s keynote address, the central bank framed the CISD as a successor to the October 2018 Cyber and Information Security Directive, citing an evolved threat landscape driven by rapid digital transformation, increased reliance on cloud and third-party technologies, the growing sophistication of cyber threats, and emerging risks linked to AI and data ecosystems. The address also emphasised cybersecurity as a shared responsibility beyond the central bank and pointed to collaboration with industry participants, international partners and subject matter experts in developing the Directive.
Bank of Ghana 2026-03-25
Bank of Ghana launches a new Cyber and Information Security Directive for the financial industry
The Bank of Ghana introduced a new Cyber and Information Security Directive (CISD) for the financial sector, updating its regulatory framework to enhance cyber defence and preparedness. The CISD succeeds the 2018 directive, addressing the evolved threat landscape due to digital transformation, cloud reliance, and AI-related risks. The central bank highlighted the importance of collaboration with industry and international partners in developing the directive.