Cyber Fraud Losses Surge to GH₵4.4 Million in Q1 2025

Key Points

• Cyber fraud losses in Ghana rose to GH₵4.4 million in 2025.
• Common scams include fake online shops, brand impersonation, and phishing.
• The CSA urges caution and public vigilance during busy festive seasons.

The Cyber Security Authority (CSA) has raised an alarm after cyber fraud losses in Ghana surged to GH₵4.4 million in the first quarter of 2025. This is a significant increase from GH₵2.4 million in the same period in 2024.

The CSA has reported 350 cases of cyber fraud so far this year, as fraudsters target unsuspecting victims through digital platforms.

The rise in cybercrime comes at a time when online shopping and digital transactions are at their peak, particularly during festive seasons like Eid and Easter. The CSA has urged the public to remain vigilant against scammers taking advantage of these busy times.

Common tactics used by cybercriminals

The CSA has identified three major methods that fraudsters use to scam victims:

• Fake online shops: Scammers create fake online stores or impersonate legitimate businesses, offering heavily discounted items. Victims send money but never receive the goods.
• Brand impersonation: Cybercriminals manipulate search engine results to show fake business listings, tricking customers into making payments for goods or services that never arrive.
• Phishing scams: Cybercriminals send deceptive emails or messages posing as businesses or even romantic partners, offering festive deals. Clicking on these links could install malware or steal personal information.

Tips to protect yourself from cyber fraud

To avoid falling victim to cyber fraud, the CSA has provided these safety tips:

• Verify online retailers: Use trusted e-commerce platforms and check customer reviews before buying.
• Avoid advance payments: Only pay after inspecting your purchase. Ensure mobile payments are made to verified business accounts.
• Beware of too-good-to-be-true deals: Unsolicited offers of massive discounts are likely scams.
• Protect personal information: Never share sensitive details like Ghana Card numbers, bank accounts, or credit card information with unknown sources.

The CSA encourages people to report suspected fraud incidents through its 24-hour helpline, available via call, text, WhatsApp, or email.