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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

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