Vice President Dr. Mahamudu Bawumia on Wednesday, 24 May 2023, opened a world class state of the art Financial Industry Command Security Operations Centre (FICSOC) established and operated by the Bank of Ghana (BoG).

This is the first of its kind in Africa according to Dr Bawumia.

This centre, he said, is to prevent, rapidly detect, share information, and respond to cyber threats aimed at the financial industry and ultimately the entire country.

All banks, he noted, are connected to FICSOC and receive real time security alerts, intelligence and network traffic analysis on cyber threats.

He congratulated the Bank of Ghana for setting the pace in Africa and charged financial industry players to take full advantage of the capabilities of the FICSOC, while continually strengthening in-house security operations.