Islamic Finance

Nigeria: Emerging trends like AI and IoT pose regulatory challenges


Published 22 Sep,2020 via The Nation - The rise of Artificial Intelligence (AI), Internet of Things (IoT), increased skilled level of attackers and others pose regulatory challenges, writes LUCAS AJANAKU.

With over 25 billion devices projected to be connected by 2025, increased use of the public cloud, increasing reliance on technology and digitisation (now fuelled by the pandemic and working from home), the risks mobile phone users face are enormous and regulators strains in the leach.

But the Nigerian Communications Commission (NCC) said it has taken measures to stay ahead because criminals could take undue advantage of these emerging trends to hurt the subscribers.

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LUCAS AJANAKU