Bank of Zambia Governor Dr. Denny Kalyalya has called on banks in the country to adopt more aggressive measures against cyber security threats and fraud. Speaking at the ninth annual banking industry survey report findings presentation in Lusaka, Dr. Kalyalya stressed the importance of enhanced collaboration among banking institutions to combat rising cyber threats. It is a scourge that affects everybody and therefore requires concerted efforts to curb,” Dr. Kalyalya said. The annual survey, conducted by PwC, provides insights into the challenges and opportunities faced by the Zambian banking sector, as reported by industry leaders. Dr. Kalyalya’s call comes at a time when the banking sector faces increasing digital threats, underlining the need for robust systems and collective action to protect financial institutions and their clients.