64% very concerned on the security of their personal and financial information when using digital financial services

64% very concerned on the security of their personal and financial information when using digital financial services

By Alipate Narawa
Monday 22/04/2024
Deputy Prime Minister Manoa Kamikamica

47 percent of consumers surveyed use digital financial services on a weekly basis, 51 percent use mobile money wallets, 24 percent use EFTPOS, 16 percent use internet banking, 77 percent never lodged a complaint with their service provider regarding issues they faced while 64 percent are very concerned on the security of their personal and financial information when using digital financial services.

These are the key findings in the Consumer Council of Fiji report “Beyond Access: Consumer Perspective on Digital Finance in Fiji”.

While launching the report today, Deputy Prime Minister, Manoa Kamikamica says with over 1,104 Fijians surveyed across all the four divisions, this report provides a number of important considerations for all stakeholders of this important ecosystem.

He says with the increased adoption of digital financial services, the government remains committed to provide an enabling, equitable, conducive and safe digital environment.

The Deputy Prime Minister says they will continue to prioritise the meaningful participation of marginalized communities after the launch of the Women Entrepreneurs Finance Code last month to remove existing barriers.

Kamikamica says with the increased use of digital tools, the providers, be it the private sector or government, must ensure that cybersecurity is embedded in the design of these tools and not as an afterthought.

He says this is fundamental and these tools need to be tested thoroughly before being deployed.

The Deputy Prime Minister says at a national level, we have laws such as the Cybercrime Act which combats cybercrimes and promotes international collaboration with most cyber-enabled crimes being trans-boundary in nature.

He says government is taking steps to accede to the Budapest Convention which is the only international instrument to combat cybercrime and for swift international cooperation.

Kamikamica says to ensure that we continue to bolster our cyber defences, the government is undertaking their second Cybersecurity Maturity Model Assessment.

He says this specific assessment tool is for countries and was developed by the University of Oxford and it is to holistically review our cybersecurity posture and areas that we need to work on, given the evolving threat landscape.

The Deputy Prime Minister says Fiji was one of the first countries globally to use this tool in 2015 however given the evolving threat landscape, the second assessment is timely.

Credit Corp Fiji Care
Credit Corp Fiji Care
FEATURE NEWS
US Secretary of Defence to make historic visit to Fiji
US Secretary of Defence Lloyd J. Austin III will depart this week for a trip to Fiji, Australia, the Philippines and Laos, to participate in a series ...
40 minutes ago
LATEST NEWS
Fiji Bureau of Stats Office expands access to data with new website
To improve access to quality and reliable statistical data to keep people informed about their activities, the Fiji Bureau of Statistics has launched ...
8 minutes ago

FICAC received 39 complaints last month with 12 under investigation
The Fiji Independent Commission Against Corruption has confirmed that they received 39 complaints last month where 12 complaints were ...
50 minutes ago

Passengers have the right to receive taxi receipts - Consumer Council of Fiji
The Consumer Council of Fiji is reminding members of the public that all passengers have the right to receive a receipt for their taxi ...
51 minutes ago

Over $200,000 paid to 2023 flood victims through Pacific Insurance Climate Programme - RBF Governor
Following the flooding in early 2023, more than $200,000 was paid to the affected people through the UNCDF's Pacific Insurance and Climate Adaptation ...
56 minutes ago

Few roads in Central and Eastern Divisions closed due to heavy rain
A few roads in the Central and Eastern Divisions are closed due to flooding from recent heavy rainfall. The Fiji Roads Authority says Vatuwaqa ...
2 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Sporting federations demand answers from FASANOC
National sporting federations who are part of Fiji Association of Sport and National Olympic Committee or FASANOC, are still calling for answers and ...
5 days ago

Continuous Radiology and Pharmacy services are now expected at Government Hospitals
Serious concerns are being raised by the public as the Ministry of Health has decided that radiology services and pharmacies at Government hospitals ...
5 days ago

Ratu Wiliame Katonivere declines Presidential nomination after an internal audit and investigation report
Prime Minister, Sitiveni Rabuka confirms that President Ratu Wiliame Katonivere decided to decline Rabuka's nomination of him to serve a second term ...
6 days ago

TOP