ISACA Accra Chapter Holds 6th IT Governance Summit 2018
The
President of ISACA-Accra chapter, Mr. Carl Sackey has charged businesses,
organizations and financial institutions in the country to explicitly come out
and divulge information, share experiences and report on any form of attack(s),
breaches or threats they might have suffered as a result of activities of
cybercriminals so others too can learn from in order to forestall any future
occurrence.
He averred that in order for
businesses and institutions to be protected from cyber-criminal activities, it
behooves on all stakeholders including government as well as the media to be
committed towards vigorous public education and awareness creation in a bid to
help improve knowledge.
“Technology actually brings
efficiency and help us to focus on the core businesses that we want to achieve
as humans. It is fast changing and seemed to be driving everything that we do
therefore there’s the need to increase awareness on its knowledge, but it has
to be a shared responsibility of all stakeholders including the government and
the media as well”.
Mr. Sackey made this known in an
interview with Ghananewsone.com on the sidelines of the 6th IT Governance
Summit of ISACA Accra chapter held at Aqua Safari Resort in Ada on Thursday
October 11, 2018.
The summit, a two-day event (11-12
October) which was under the theme: “Value Delivery in the Changing Cyber
Security Landscape” witnessed over 100 participants (IT personnel, technocrats,
system analysts etc.) drawn from various institutions, organizations and
businesses (banking, health, utility etc.) within both private and public
sector in the country. It includes the GRA, ECG, COCOBOD, GWCL, Telcos, Banks
and the Land Commission.
It was aimed at highlighting the
importance of technology through open conversation, and bringing into the
boardroom to critically examine what needs to be done to make sure the huge
monies companies have invested into their businesses works for them and to
eliminate the threats that can arise out of the use of technology as a tool.
Technology is fast changing the
world giving way to upsurge in cases of cybercrime in recent times. According
to the 2017 Africa Cyber Security Report, cybercrime costs African countries
such as Ghana, Nigeria, Kenya, Uganda and Tanzania an estimated $1.078 billion
a year.
The recent hack on Facebook
which affected nearly 50 million users’ accounts also goes to back the claim
that cybercrimes are really on ascendancy, the shocking revelation which
demands that something urgent needs to be done to remedy the situation.
According to the President of
Isaca Accra Chapter, Mr. Carl Sackey, hackers are even more motivated than ever
considering the drive by businesses to integrate several technologies and
systems and create more accessible products and services for customers.
This, he believes is the more
reason why businesses, especially financial institutions ought to be committed
to the application of rigorous enforcement measures and controls to minimize
the impact of cyber-attacks.
Delivering his keynote address
on the topic: “Strengthening the Cyber Resilience of the Financial Banking
Sector”, Mr. Carl Sackey charged businesses, organizations and financial
institutions in the country to be proactive rather than being reactive to
malicious threats.
Suggesting what could be done
when eventuality strikes, he said: organizations should ensure that they can
recover from such attacks within reasonable time through effective Incident
Response, Disaster Recovery and Business Continuity plans to protect the
interests of end-users and customers.
The Bank of Ghana as part of its
digitization agenda and that of many banks is, taking measures to protect the
interest of businesses, organizations and financial institutions in the country
through Cyber and Information Security Directive. The initiative which is
expected to be launched on October 22, 2018 will affect all financial
institutions under the supervision of the Bank of Ghana.
Commenting on the move, Mr. Carl
Sackey described it as “very commendable as there are growing expectations of
the responsibility of financial institutions with respect to cyber security and
data privacy”.
He averred that the same move
was what informed his outfit’s decision to organize its latest forum dubbed the
“6th IT Governance Summit 2018” which served as a platform where developments
can be discussed and ideas shared.
The 6th IT Governance Summit
2018 brought together a tall list of distinguished IT experts (key speakers)
from diverse background including the banking sector, academia and the cyber
security system as panelists and moderators who led the participants into
various discussions centered on IT Governance, building of resilient cyber
security systems to avert threats including ideas that would be considered as
input into the Bank of Ghana’s Cyber and Information Security Directive.
They include Ms. Patricia
Adusei-Poku, Data Protection Commissioner who spoke on the topic: “Requirements
of section 28-Security Measures” while Mr. Carl Sackey, ISACA Accra
Chapter President led the discussion on the topic: “Preventing the Next Digital
Black Swan: Importance of Effective IT Governance”.
A panel discussion focused on
the topic: “The Bank of Ghana Directive on Cyber and Information Security: A
Practical Approach to Compliance was moderated by Mr. Danny Gyampo, Ecobank
including a lined up of notable panelists such as Elliot Amoako, (Bank of
Ghana), Ash Dastmalchi, (Head of Cyber Security, Quantum Security), Nathaniel
Tabariyeng, Partner (Tabariyeng & Associates) and Francis Kyere,
(Information Security Consultant).
In addition, Mr. C.K Bruce, CEO
of Innovare also made a remarkable presentation on the topic: Essential Element
of good IT Governance.
On the topic: “The Evolution of
Hacking: How can your Enterprise Adjust to New Trends?” Head of Cyber Security,
Quantum Security Solutions, Mr. Ash Dastmalchi, addressing the audience, lay
bare facts on various techniques and approaches businesses can adopt to resist
cyber-attacks.
In an interview with
journalists, he revealed the only way through which companies can be protected
from cyber-attacks is to holistically adopt and strictly comply with the 3 step
principle which revolves around PEOPLE, PROCESS & TECHNOLOGY.
He further explained that
companies, institutions and organizations must be committed to building
capacity of their staff regularly, having proper procedures in place at work
and making use of monitoring solutions that actually “gives you more feedback
on what is happening on the ground”.
Other speakers include Eric
Dampson, Cyber Forensic Analyst, MTN, Adjoa Asamoah, Philip Engmann, Vice
President, Maranatha University, Dr Owusu Bediako-Poku, Dr. Peter Tobin (CIPD
GIMPA.
Some other panelists whose
contributions aided discussion during the concluding part of the summit under
the able moderation of Mad. Adjoa Asamoah on the topic: Improving Cyber
Security Governance in the Boardroom include Kwame Manu-Antwi, Talent IT Africa,
Desmond Israel, Information Security Practitioner, Hayford Kumah and Carl
Sackey.
For her part, Mad. Joyce
Engmann, Programs Chair at Isaca Accra Chapter averred that discussions towards
tackling cyber-attacks in the country should start from the board level to
bring effective result.
She called on CEOs, MDs and
Board Chairs of various organizations and institutions in the country to strive
to signed unto IT Governance capacity building conferences so as to absorb
knowledge and understand the workings of the systems to make the work of IT
personnel within their jurisdiction much easier.
“Please get involved, the cyber
security does not happen in just one department, we are all part of the global
digitization and data cycle that we’re talking about”
“So I’m entreating all CEOs to
get involved. Get to understand, let’s all meet to discuss how we can mitigate
the new challenges in the cyber security landscape and I’ll encourage the
youth, get involved with ISACA, go on our website www.isacaghana.org and
if you need to contact me or any of the board members, go online, check up and
get connected. We all need to be involved in eliminating the global menace” she
stressed”.
The event was organized by ISACA
Accra Chapter and supported by Ghana Community Network Services Limited(GNET),
Cybersecurity Resilience Services Team(CSRT) and PCN ICT Training Centre.
ISACA is strategically focused
on enhancing the awareness and capacity of Corporate Ghana in effectively
managing technology as a strategic tool for the achievement of organizational
goals.
It’s Accra chapter was formed by
IT and Audit professionals in Accra, Ghana, as part of the global network of
more than 120,000 professionals in 180 countries.
The Accra chapter is ISACA’S
218th chapter worldwide. As an independent, non-profit, global association,
ISACA engages in the development, adoption and use of globally accepted,
industry-leading knowledge and practices for information systems.
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