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Mobile Security in Low-Income Households' Businesses: A Measure of Financial Inclusion

Mobile Security in Low-Income Households' Businesses: A Measure of Financial Inclusion

Bibi Zaheenah Chummun
Copyright: © 2019 |Pages: 20
ISBN13: 9781522588979|ISBN10: 1522588973|EISBN13: 9781522588986
DOI: 10.4018/978-1-5225-8897-9.ch028
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MLA

Chummun, Bibi Zaheenah. "Mobile Security in Low-Income Households' Businesses: A Measure of Financial Inclusion." Cyber Law, Privacy, and Security: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2019, pp. 576-595. https://doi.org/10.4018/978-1-5225-8897-9.ch028

APA

Chummun, B. Z. (2019). Mobile Security in Low-Income Households' Businesses: A Measure of Financial Inclusion. In I. Management Association (Ed.), Cyber Law, Privacy, and Security: Concepts, Methodologies, Tools, and Applications (pp. 576-595). IGI Global. https://doi.org/10.4018/978-1-5225-8897-9.ch028

Chicago

Chummun, Bibi Zaheenah. "Mobile Security in Low-Income Households' Businesses: A Measure of Financial Inclusion." In Cyber Law, Privacy, and Security: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 576-595. Hershey, PA: IGI Global, 2019. https://doi.org/10.4018/978-1-5225-8897-9.ch028

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Abstract

A wide range of technologies impinges on all disciplines including financial services in this era of the Fourth Industrial Revolution. The deployment and security of mobile phones have considerably increased financial services access such as mobile money to the low-income households in developing African markets recently. The financial services that were once randomly accessible to those financially excluded have now become a potential pathway to enhance financial inclusion in allowing the low-income households to transact through mobile financial services in a more speedy, reliable, and secure manner. However, many security challenges remain to be addressed to promote a more inclusive mobile financial system. This chapter focuses on mobile devices security landscape and unprecedented security breaches by cyber criminals and how those threats can be mitigated in a view to promote financial inclusion in the mobile financial services sector of emerging African markets in the midst of the Fourth Industrial Revolution.

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