Fraud in Banking & Finance

Nowadays, the banking industry is facing an acute problem of fraud. The problem is global, and no country is fully protected. Fraudsters have become experts in hijacking online sessions: they steal client credentials and use malware to swindle funds from unaware account holders.

Fraud awareness is imperative across all areas of banking and finance with the rapid development of digital technology within the industry. Embedding anti-fraud procedures in the culture of a bank can be a mitigating factor to control the multiple risks presented.

This 4 sessions of live training on each topic will help delegates learn why people commit fraud, how to identify fraud risks in different departments of a bank, establish an anti-fraud culture and ensure fraud awareness in your organization

Learning outcome

• Understand why fraud occurs in financial markets and what motivates fraudulent behaviors
• Be aware of the main types of fraud methodology and emerging risks
• Learn how to prevent these frauds by using effective mitigation techniques
• Be familiar with the key methods used to manage fraud risk and detect fraud events

Target Audience

• All the employees working in the fraud division of banks and finance sector
• Managers and heads in organizations in the banking sector who need to understand fraud management
• Bankers and other executives involved in any transactional or operational function in banks
• Legal and financial advisors who can help combat fraud or provide expert advice in the event of fraud
• Potential shareholders who should understand the prospect of fraud in a financial institution
• Auditors who need to ensure adherence to required guidelines and universal standards
• Any other professional interested in understanding frauds in the banking sector in detail