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Moving towards a digital economy
Critical security and fraud control measures to embrace
Demonetization facilitated a sudden increase of the adoption of, and dependence on, digital payments. However, in our endeavor to move towards a cashless economy, it is a reality that this push might prove to test the existing security and fraud controls extensively. India’s status of evolving into a digital economy will have its fair share of challenges, both in the short- and long-term.
This latest point of view document from Deloitte’s Forensic practice in India comments on a few concerns that may have an impact on security and governance, as well as some aspects that could help safeguard security and prevent fraud while moving towards a digital economy.