Ethiopia convenes national workshop to tackle rising digital financial fraud risks
Date: 2026-04-20
By: Robert Kwaku Annor
Ethiopia
has intensified efforts to combat digital financial fraud following a national
stakeholder consultation workshop convened by the Information Network Security
Administration in collaboration with key industry and government actors.
The
forum brought together financial institutions, security agencies, and
policymakers to address emerging cybersecurity challenges as the country
accelerates its transition toward a digital economy.
Participants
underscored that cybersecurity is a critical foundation for building trust in
digital financial services, particularly as increased accessibility has been
accompanied by a rise in fraud-related risks. Discussions focused on the need
to strengthen technological resilience, enhance legal and regulatory
frameworks, and expand public awareness initiatives.
The
workshop also presented findings from a national assessment on digital
financial fraud, offering strategic insights and recommendations aimed at
improving prevention mechanisms and response capabilities. These efforts are
aligned with Ethiopia’s broader Digital Ethiopia 2030 strategy.
Stakeholders
emphasized that stronger coordination across institutions will be essential to
safeguarding the financial system and ensuring a secure, reliable digital
ecosystem for users.
Officials
noted that the outcomes of the consultation will contribute to shaping policy
responses and reinforcing national capacity to address evolving cyber threats
in the financial sector.
