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What is ATM Fraud

Chapter 7
Security Frameworks in Contemporary Electronic Government
ATM fraud refers to fraud with the use of an ATM card whereby the perpetrator of the crime uses the card to immediately withdraw funds from a consumer account using PIN based transactions at the automated teller machine.
Published in Chapter:
Cyber Crime and Challenges of Securing Nigeria's Cyber-Space Against Criminal Attacks
Benjamin Enahoro Assay (Delta State Polytechnic Ogwashi-Uku, Nigeria)
Copyright: © 2019 |Pages: 23
DOI: 10.4018/978-1-5225-5984-9.ch007
Abstract
The growing menace of cyber-related crimes in Nigeria is giving the government and other stakeholders in the information and communication technology sector a cause to worry. Apart from taking a toll on the nation's economic sphere, it has also affected the image of the country negatively especially when viewed against the backdrop of the recent ranking of Nigeria as third in global internet crimes behind United Kingdom and the United States. This scenario, no doubt, requires urgent attention. This chapter, therefore, proffer solutions and recommend ways to make the country's cyberspace free from incessant criminal attacks.
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