Wire Transfer fraud has been around almost as long as the payment system itself and shows no signs of stopping. In fact, in 2015 and 2016, we saw renewed efforts to defraud consumers, businesses and financial institutions driving losses to alarming heights. 2017 has already demonstrated that fraudsters are getting even craftier in their fraud attempts, continuing a trend of significant losses.
WHY SHOULD YOU ATTEND
Financial institutions and businesses often suffer staggering loss to wire transfer frauds because they are unaware of the newest tricks fraudsters use. Without this knowledge, an organization is unable to implement proper controls to reduce exposure.
Topics covered include:
Red flags of the most common forms of Wire Transfer Fraud, including
Advance Fee Frauds
Business Email Compromise
Security expert findings on the techniques criminals use to initiate these frauds (i.e. data harvesting, data breaches, etc)
Incorporating wire transfer fraud into your organizations risk assessment
Account security and internal controls proven to reduce exposure
to educate consumers
how the frontline / customer service / account officer can help
handling requests you suspect are fraudulent / a scam
Valuable resources for staff
WHO WILL BENEFIT
Businesses (any industry)
Frontline / Customer Service personnel
Director of Security
Operational Risk professionals
CFO / Finance Professionals
Audit Committee Members
Operational Risk Managers
Identify the red flags of common forms of wire transfer fraud
Review sound risk assessment practices and controls to minimize exposure
Document valuable tips to protect your organization and customers
Record valuable resources for consumers, businesses and financial institutions
Toll Free: +1-888-300-8494
This Finance Compliance webinar provides an overview of current forms of wire transfer fraud and review the sound risk assessment practices. Book now!
Registration Fees Details
for one participant
Corporate Live Session
Group – Max 10 Participants from one location.
Get unlimited access to audio recording of the webinar for 6 months.
MP3 files, PDF presentation and reference manual will be delivered on a CD
Super Combo Offer 1
Live and Recorded webinar
Super Combo Offer 2
Live and Training CD