THE NEED FOR DIGITAL TRANSACTION PLATFORMS TO UNDERTAKE A MANDATORY CYBERSECURITY ASSESSMENT FOR CONSUMER PROTECTION
INTRODUCTION Cybersecurity according to the Cybersecurity Act,2020 (Act 1038) is about protecting a computer or computer system from unauthorized access or attack so the system is available and operational, its integrity is maintained, its information is both confidential with the integrity maintained. Act 1038 established a Cybersecurity Authority (CSA), with objects including to prevent, manage and respond to cybersecurity threats and incidents as well as promote the development of cybersecurity in the country to ensure a secured and resilient digital ecosystem. It is therefore the responsibility of the CSA to make sure critical information infrastructures are protected from cybercrime. Cybercrime means the use of cyberspace, information technology or electronic facilities to commit a crime and a critical information infrastructure according to Act 1038 is any computer system or network that is essential for economic and social well-being of the citizens which includes banking