Financial losses from online blackmail and sextortion scams in Ghana have soared to GH¢499,044 in just the first four months of 2025, according to alarming new figures released by the Cyber Security Authority (CSA).

This represents a nearly fivefold increase from the GH¢103,663 recorded during the same period last year, reflecting the growing threat and economic toll of cybercrime in the country.

The CSA's latest advisory noted a slight uptick in reported cases between January and April 2025, surpassing the 155 incidents documented over the same span in 2024.

The report attributes the rise in financial losses to more calculated tactics and the use of secure messaging apps by perpetrators.