Wednesday, 20 December 2017

Digitisation may help to minimize fraud /corruption?


Digitisation may help to minimize fraud/ corruption?

Government is interested in digitization. The current trend is to go digital and everything's going digital in society. The paper/books and files are rapidly vanishing from our lives. The 'money' has gone digital and the bank account is essentially all about the 'numbers' that are displayed in the account. Credit cards have reduced the burden of carrying cash in wallets and so on.

Continuously, digitisation offers different types of threats. Some believe that fraud has become easier in the digital world. The magnitude of the fraud one can make in the digital world could be worth billions of bucks. It's demand for the time that research institute must concentrate on security threats.

Is it correct that digitization can help in reducing / eliminating fraud and corruption Or has the digital world open an entirely new era of possibilities for the fraudsters and crooks? 

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