The Effect of Online Fraud on the Adoption of Digital Economy in Nigeria: A Review
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Abstract
This research paper focuses on the different types of fraud and how it affects the acceptance of digital economy in Nigeria and the different techniques to help detect and mitigate these frauds. Digital technologies have the potential to open up new avenues for rapid economic growth, promote economic mobility, drive innovation, create jobs, and speed equal access to high-quality public services. This, combined with the convergence of multiple technologies and the emergence of global platforms, is upending existing socio-economic models, and new rules are needed to generate trust, protect data and Intellectual Property Rights (IPRs), and ensure security across the entire value chain in the increasingly digital and data-driven economy, however fraud has spread throughout the globe and is now a major cause for concern. irrespective sector, it exists everywhere and affects all different kinds of organizations.
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