ELECTRONIC FRAUD (CYBER FRAUD) RISK IN THE BANKING INDUSTRY, ZIMBABWE

Risk Governance & Control: Financial Markets & Institutions

Shewangu Dzomira¹ 

关键词: Electronic Fraud;    Cyber Fraud;    Cyber-Crime;    Internet Banking;    Electronic Banking;   

DOI  :  10.22495/rgcv4i2art2

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

The paper explores forms of electronic fraud which are being perpetrated in the banking industry and the challenges being faced in an attempt to combat the risk. The paper is based on a descriptive study which studied the cyber fraud phenomenon using content analysis. To obtain the data questionnaires and interviews were administered to the selected informants from 22 banks. Convenience and judgemental sampling techniques were used. It was found out that most of the cited types of electronic fraud are perpetrated across the banking industry. Challenges like lack of resources (detection tools and technologies), inadequate cyber-crime laws and lack of knowledge through education and awareness were noted. It is recommended that the issue of cyber security should be addressed involving all the stakeholders so that technological systems are safeguarded from cyber-attacks.

【 授权许可】

CC BY-NC