INSA Unveils New Data Center to Bolster Cybersecurity

Sep 1 , 2024


[ssba-buttons]

The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authorities aspire to leverage the public key infrastructure (PKI) data centre to other African countries and generate foreign currency. INSA will act as the Root CA, a fundamental component of PKI system. According to Tigist Hamid, director of INSA, this will enable security and intelligence institutions, e-commerce companies, and those using e-government services to exchange information securely while maintaining data sovereignty. Tigist said the PKI system was designed, implemented, and deployed leveraging expertise, strengthening its digital infrastructure and promoting innovation. Prime Minister Abiy Ahmed (PhD) has launched the PKI on Saturday, August 31, 2024. He said securing virtual data complements the task of protecting national sovereignty and facilitating reliable and secure digital data exchange.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...