Fraud is a very serious risk with serious consequences for individuals and organizations. Fraud can happen with clients in terms of fake claims and falsified information, as well as suppliers, vendors, other third parties, and even representatives and agents themselves.
It is also important to stay on top of fraud trends to ensure that your organization and financial representatives have taken the necessary counter measures. While the “traditional” white collar crimes like bribery and insider trading have decreased from 2018 to 2020, fraud risks in areas like cybercrime and intellectual property theft have become more prominent (PwC’s 2020 Global Economic Crime and Fraud Survey).
How prepared are you to face these risks? There are steps that can be taken to help guide you in protecting yourself and your Financial Institution.
In this course, you will:
- Learn about why fraud occurs and how fraud is committed
- Find out where the vulnerabilities are
- How to identify and detect fraud
- How to deter and prevent fraud
This 1.5-hour course is IBF-FTS accredited with Core FAA/SFA CPD hours.