Understanding and mitigating cyberfraud in Africa is an open-access book published by AOSIS.

The book covers the overview of cyberfraud and the associated global statistics. It demonstrates practicable techniques that financial institutions can employ to make effective decisions geared towards cyberfraud mitigation. Furthermore, the book contains some emerging technologies, such as information and communication technologies (ICT), forensic accounting, big data technologies, tools and analytics employed in fraud mitigation. In addition, it highlights the implementation of some techniques, such as the fuzzy analytical hierarchy process (FAHP) and system thinking approach, to address information and security challenges. The book combines a case study, empirical findings, a systematic literature review, and theoretical and conceptual concepts to provide practical solutions for mitigating cyberfraud.

The major contributions of this book include the demonstration of digital and emerging techniques, such as forensic accounting for cyberfraud mitigation. It also provides in-depth statistics about cyberfraud, its causes, its threat actors, practicable mitigation solutions, and the application of a theoretical framework for fraud profiling and mitigation.

Copyright (c) 2024 Oluwatoyin E Akinbowale, Mariann P Mashigo, Mulatu F Zerihun (Author)

This book provides scholars with a unique reading experience as they shed light on an issue of paramount concern, Understanding and mitigating cyberfraud in Africa is an invaluable contribution to a world grappling with escalating cyber threats. By analysing this phenomenon through a multi-methodological approach, the book offers a comprehensive perspective on cyberfraud that transcends traditional boundaries, unveiling a holistic understanding of the complexities surrounding the mitigation of a growing concern in an increasingly technologically integrated world. Its emphasis on the African experience rectifies a conspicuous void in the current body of knowledge. The book effectively fills this gap by delving into the unique challenges and strategies specific to the African context to enrich the global discourse on cyberfraud. This scholarly book is an essential reference for policymakers seeking innovative solutions considering the collected contributions. Its meticulously crafted insights provide a roadmap for crafting creative policies that safeguard economic prosperity to empower scholars to navigate the intricate terrain of cyberfraud prevention effectively. In a world marred by digital threats, this publication stands as a beacon of knowledge, ensuring its place as a pivotal resource in the fight against cyberfraud.

Dr Jacques de Jongh, Department of Economic Sciences, Faculty of Economic and
Management Sciences, North-West University, Vanderbijlpark, South Africa