The Alarming State of Wire Transfer Fraud
Instructor:
Rayleen M Pirnie
Product ID: 705070
- Duration: 90 Min
Why Should You Attend:
Wire transfer fraud has been around almost as long as the payment system itself and shows no signs of coming to an end. In fact, in 2015 and 2016, there have been renewed efforts to defraud consumers, businesses and financial institutions driving losses to alarming heights. This course will provide attendees with a brief overview of current forms of wire transfer fraud with an emphasis on identification and mitigating risks.
Learning Objectives:
- Identify the red flags of common forms of wire transfer fraud
- Isolate how your organization can help combat fraud
- Review sound risk assessment practices to help minimize exposure
- Document valuable tips to protect your organization and customers
- Record valuable resources for consumers, businesses and financial institutions
Areas Covered in the Webinar:
- Red flags of the most common forms of wire transfer fraud, including:
- Advance fee frauds
- Account takeover
- Romance scam
- Grandparent scam
- Phishing
- And more
- 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 organization’s risk assessment
- Tips
- 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:
- Frontline/Customer Service Personnel
- Internal Auditors
- Risk Officers
- Director of Security
- Compliance Professionals
- Operational Risk Professionals
- CFO/Finance Professionals
- CPAs
- Audit Committee Members
- Operational Risk Managers
- Departmental Managers
- IT
- Fraud Investigators
- Trainers
- Branch Managers
- Wire Transfer Processors
Rayleen M Pirnie
CEO, RP Payments Risk Consulting Services LLC
Rayleen M. Pirnie, AAP, is the founder and owner of RP Payments Risk Consulting Services, LLC, based in Missouri. She is a nationally recognized speaker whose educational programs provide valuable, actionable strategies for financial institutions and businesses on topics ranging from payments risk management to information security. She is the author of several payments risk and fraud blogs geared toward helping organizations recognize threats and protect themselves from loss.
More Training By Experts
- ACH Fraud - Detection and Prevention
- Wire Fraud - Detection and Prevention
- Cyber Incident Response Plans: Planning for the Inevitable
- Cyber Incident Response: The Payments Perspective - Threat Intelligence and Best Practices to Manage Threats
- ATM & POS Skimming Fraud Losses - Detection and Prevention
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
