In a world driven by technology and digital connectivity, the Bank of Ghana (BoG) is committed to ensuring that Ghanaians are equipped with the knowledge and tools needed to protect themselves in the digital realm.
As part of our ongoing efforts to enhance financial literacy, BoG has launched a public awareness campaign to educate citizens about safe digital transactions and the importance of safeguarding personal information.
One of the key messages of this campaign is a stern warning against allowing anyone to use their National Identity card, also known as the Ghana Card, to register their phone number. This seemingly harmless act may unknowingly facilitate illegal activities. Your Ghana Card contains sensitive information, and its misuse can have serious consequences.
Another crucial aspect of digital safety highlighted by BoG Financial Literacy is the importance of choosing strong and unique Personal Identification Numbers (PINs) or passwords. Using easily guessable information such as your birthday or name makes you vulnerable to unauthorised access. We urge all Ghanaians to take this matter seriously and create robust PINs or passwords for their various accounts to protect their hard-earned money and personal data.
Sharing access to your bank or mobile money account with others can also be a risky endeavour. By allowing someone else to send or receive money through your account, you might inadvertently become an accomplice to illegal activities. It is essential to maintain control over your financial transactions and report any suspicious activity promptly.
Moreover, the Bank emphasises the importance of not sharing images of your Ghana Card with anyone. Criminals can use such images to perpetrate fraud and commit identity theft. Protect your identity by keeping your Ghana Card information private and secure.
When choosing a Payment Service Provider (PSP) for your financial transactions, always ensure they are licenced by the Bank of Ghana. Licenced PSPs adhere to regulatory standards and provide a safer environment for your financial dealings. For a comprehensive list of approved PSPs, please visit our website at https://www.bog.gov.gh/fintech-innovation/approved-institutions/ .
In the digital age, cyber-threats are a growing concern. To minimise the risk of exoposing your personal information to fraudulent practices, never click on suspicious links or share private and sensitive information with unknown sources. Cybercriminals are constantly devising new tactics, so vigilance is your best defence.
Finally, the Bank reminds the public to be alert to any unusual disruptions in your mobile phone network. If you find that you are unable to access your network for an extended period, it may be a sign that your SIM card has been compromised. In such cases, it is crucial to report the issue to your service provider immediately so as to prevent unauthorised access to your accounts and personal data.
BoG Financial Literacy is dedicated to fostering a safer digital landscape for all Ghanaians; so that with the right knowledge and practices, every citizen can confidently participate in the digital economy while protecting their assets and personal information.