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Angolan central bank registers 100 fewer cyber attacks per day in 2024
The Angolan central bank has registered 100 fewer attempted cyberattacks this year, with a daily average of 250 compared to 350 in 2023, the governor of the National Bank of Angola (BNA) said today.
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Manuel Tiago Dias, who spoke today at the opening of the second edition of the BNA conference cycle with the theme "Cybersecurity in the Angolan Financial System", said that the financial system and banks are preferred targets of criminals, and there is a need for constant improvements in the cybersecurity systems of all institutions in the national financial system.
"Within the scope of its Strategic Plan for the period 2023-2028, the National Bank of Angola is greatly reinforcing the institution's cybersecurity pillars, implementing innovative processes and technologies, using artificial intelligence, to which is added a strong investment in its staff of specialists, in order to strengthen the confidence of participants in the financial sector regulated and supervised by it", he said.
According to the governor of the Angolan central bank, in the chapter on regulation, normative instruments are being designed that aim to adapt the current regulation to the dynamics imposed by the national and international cybernetic environment, promoting the exchange of information between financial institutions and others, assisting in the treatment of cybernetic incidents, whose motivations and impacts can affect the national scale.
In his presentation, the deputy director of the BNA's Banking Supervision department, Fernando Panzo, said that the Angolan central bank has already prepared the cybersecurity structure, which is in the consultation phase with the partners of the banking institutions, the World Bank, for its publication in December of this year.
Speaking to journalists, the director of the BNA's Integrated Security department said that the meeting identified the need to share information between banking institutions about cybersecurity incidents, which in Angola are mostly of external origin, with cases of attempted internal attacks as well.
António Neto highlighted that the impact generated by 'ransomware' incidents was also debated, situations in which cybercriminals, in addition to blocking the banking infrastructure, demand the payment of a ransom, in exchange for the delivery of the code to regain access.
The official also said that the BNA has information, "although not proven", that "in fact, some ransom payments may be happening 'on the outside'".
Read Also: Ransomware' cyberattacks increased in 2023 (Portuguese version)
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