THE IMPACT OF CYBER CRIME ON THE DEVELOPMENT OF ELECTRONIC BUSINESS IN GHANA
Journal Title: European Journal of Business and Social Sciences - Year 2015, Vol 4, Issue 1
Abstract
The identification of Information and Communication Technology (ICT) as an essential tool for sustainable development has proved to be worth every investment. As a result of this, Internet usage in Ghana has grown rapidly resulting in the explosion of Internet Service Providers (ISPs) and Internet access points. This has had several positive impacts on the socio-economic and educational developments in the country. Unfortunately, the country’s image has also suffered as a result of the nefarious activities of some Ghanaians that have now turned the Internet into a cheap channel for the perpetration of crime. This study is therefore directed towards understanding the extent of fraudulent cyber activities and its impact on the development of electronic business in Ghana. A secondary data was analysed by the use of generic inductive approach. Results indicated that cyber fraud is fast gaining grounds in Ghana and it cause direct financial losses to consumers and businesses.
Authors and Affiliations
Frank Agyemang Duah| Department of marketing Takoradi polytechnic Box 256 Takoradi W/A Corresponding author: fagyemangd@yahoo.com Tel: +233-203322475, Asirifi Michael Kwabena| Department of mathematics and statistics Takoradi Polytecnic Box 256 asirifimk@yahoo.com
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