Fraud can encompass waste and abuse, improper payments, money laundering, terrorist financing, public security, cybersecurity issues as well as reputational risk. Fraud is often perpetrated through synthetic identities, customer account takeover, nefarious applications, digital payments and authentication, procurement policies, weak oversight, and other financial crimes.
The major topics that will be covered include:
• Factors contributing to an environment for fraud to occur.
• Eliminate lax oversight and weak internal controls.
• The fraud detection and prevention technology that you should choose.
• Describe the issues companies should look for in preventing fraud and embezzlement.
• The fraud happened, what now? Ways to get your money back.
• Early detection and prevention of network intrusion and email takeover.
• Examine recent events involving theft of money and circumstances that allowed the fraud to occur.