Error loading player: No playable sources found

CU2411

Recent Fraud Schemes and Prevention

Date
September 10, 2024
$49
Standard Price
This product is also available as part of the following products:
Thumbnail for 2024 AICPA & CIMA Banks & Savings Institutions and Credit Unions Conferences
This includes sessions from the conference: 2024 AICPA & CIMA Banks & Savings Institutions and Credit Unions Conferences

This session will cover various topics within the fraud lifecycle that challenges financial institutions:

  • Understanding attack vectors that fraudsters leverage including scams
  • Analyzing Root Cause and leveraging the lessons learned
  • Identity to commit fraud
  • Scams and Authorized Push Payment Fraud
  • Case Study in Fraud Detection countermeasures and the game of whack-a-mole
  • Effective Strategies to Combat Digital Fraud
  • Balancing the Member experience with friction from fraud controls

Learning Objectives

  • Recognize several methods fraudsters are using to exploit control gaps within financial institutions
  • Identify strategies to enhance detection and the overall control environment
  • Identify strategies to balance the member experience with fraud controls

Speakers

Speaker Image for George Kohlweiler
SVP Security, Navy Federal Credit Union
Speaker Image for Oduntan Fasehun
VP Technical Accounting, Navy Federal Credit Union

Related Products

Thumbnail for Hot Accounting Topics
Hot Accounting Topics
Are you curious about what is front of mind in accounting that may affect your credit union? Today’s session will cover some challenging topics such as: mergers and acquisitions, split dollar plans, CUSOs, cloud computing, among other topics…
Thumbnail for How to Make Enterprise Risk Management Thrive
How to Make Enterprise Risk Management Thrive
Although Enterprise Risk Management (ERM) has been around for decades, how can organizations go beyond the fundamentals and thrive? This session will discuss some considerations to evolve an ERM program to be more effective…
Thumbnail for Practical Application of GenAI: Application Modernization, presented by KPMG
Practical Application of GenAI: Application Modernization, presented by KPMG
Learn more about the practical applications of Generative Artificial Intelligence in our session focused on accelerating application modernization and development…
Thumbnail for Fintech: Relationships are Complicated
Fintech: Relationships are Complicated
Charles A. Vice, NCUA Director of Financial Technology and Access, will moderate a discussion panel that will include a financial technology company and two credit union leaders…

This site uses cookies to store information on your computer. Some are essential to make our site work, others help us improve, the user experience. By using the site, you consent to the placement of these cookies. Visit our Privacy Center to learn more.