Digital fraud isn’t a war we win, it requires continuous improvement – Prof Bokpin

Economist and Professor of Finance, Professor Godfred Bokpin, has cautioned that the fight against digital fraud is not one that governments, banks or financial technology firms can ever claim to have completely won, describing it as a continuous battle against increasingly sophisticated criminals.

Prof Bokpin, however, urged stakeholders to remain vigilant, warning that the lucrative nature of digital fraud means cybercriminals will continue to innovate, requiring constant upgrades to security systems and sustained public education.

According to Prof Bokpin, digital fraud has become a major global business, with criminals continuously researching new ways to exploit emerging technologies and financial systems.