'Cashless policy at stake as cyber fraud persist' | The Guar

'Cashless policy at stake as cyber fraud persist' | The Guardian Nigeria News - Nigeria and World News — News — The Guardian Nigeria News – Nigeria and World News


cashless
Experts in the technology industry have stated that the lack of trust in the use of digital platforms could undermine the benefits of the Central Bank of Nigeria (CBN) cashless policy.
They noted that the increased use of digital platforms transformed cyber and technology landscape, which has its own risk, especially with sustaining trust and confidence in customer’s ability to communicate and transact securely within the financial ecosystem.
The experts spoke at a cyber security awareness campaign organised by Cybersafe foundation and Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI) tagged: “#NoGoFallMaga.”
Specifically, the Chairman of CCISONFI, Abumere Igboa, noted that a loss of trust and confidence could undermine the ability to continually leverage technology as an enabler of social and economic development. He expressed the need to address the related challenges of ensuring continuous cyber security and data privacy.

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