Electronic Fraud and Sustainability of Point of Sales (POS) Services: A Study of Awka Metropolis, Anambra State, Nigeria (Published)
The study set out to examine the effect of electronic fraud on sustainability of POS services in Awka Metropolis, Anambra State. In so doing, descriptive survey research design was adopted. From a population of 3,791 registered/licensed interactive kiosks that engage in POS operations in Awka Metropolis, a sample of 362 was derived using Taro Yamani’s statistical formula for determining sample size. The instrument of data collection was structured questionnaire, which was designed using five (5) point Likert scale. Data from the study were analyzed using descriptive statistics and formulated hypotheses were tested using Pearson Correlation and multiple regression analyses. Major findings of the study suggest that unauthorized transactions, agent collusion and POS terminal hacking have significant negative effect on sustainability of POS services in Awka Metropolis, Anambra State. The study concluded that various forms of electronic fraud, including the unauthorized transactions, agent collusion and POS terminal hacking pose serious threats on sustainability of POS services in the area. It was recommended amongst others that implementation of advanced security measures, such as encryption, tokenization and secure authentication protocols will minimize the incidence of electronic fraud amongst POS operators in Awka Metropolis, Anambra State.
Keywords: POS terminal hacking., cyber security, electronic fraud, electronic payment systems, point of sales (POS)
Adopting Lessons Learned from Global Advanced Manufacturing Practices (Published)
Modern manufacturing experiences revolutionary changes through the integration of Internet of Things and Artificial Intelligence and large data analytics with additive manufacturing thus achieving enhanced productivity and automated systems. The research evaluates both benefits and challenges of modern manufacturing with additional focus on productivity improvements and data-based choices. Major implementation costs together with cybersecurity threats and system interoperability problems and required employee readjustment represent major implementation challenges. The solution to these problems demands purposeful funding and unified policy structures and must achieve alignment between industrial operators and academic institutions. New technological advances in quantum computing, 5G and edge computing systems enable the chance for considerable advancement. Excellent integration requires standardized cybersecurity methods that show resistance to attacks. Future investigations should concentrate on financial feasibility and staff expertise development and eco-friendly manufacturing approaches. Cooperation between policymakers and industries is essential for the formulation of regulatory guidelines. This research highlights the necessity of reconciling innovation with organizational preparedness, notwithstanding the restrictions of data availability and advancing technology. Effective adoption of Industry 4.0 can propel sustainable industrial transformation and enhance global competitiveness.
Keywords: Artificial Intelligence, Technology, computer security, cyber security, data science, internet of things