CU2411. Recent Fraud Schemes and Prevention

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