E-fraud, Major Risk to Digital Finance, Says NCC

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E-fraud, Major Risk to Digital Finance, Says NCC via thisdaylive

The Nigerian Communications Commission has identified e-fraud as the greatest threat to digital finance.

The debate was organised to create awareness and save consumers from e-fraud and to educate the young ones on the proper use of e-channels for financial services. “Attackers are now targeting telecom networks with the aim to disrupt service delivery and infiltrate their data bank. SIM swaps, Unstructured Supplementary Service Data and e-payment fraud.”

“It has brought them together response to social concerns and has connected them across vast geo-political barriers. ICT has also provided youth access to digital financial services.

 

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