Overview:
Such frauds threaten business finances and customer privacy, and fighting it requires defensive solutions that are as specifically designed to be as flexible as the tactics used by fraudulent actors.
While the Electronic Funds Transfer Act and Regulation E (Reg E) limit consumer liability related to unauthorized transactions, many banks interpret that Reg E does not apply to scams because those transactions were technically authorized by the customer. As a result the onus is on the public to minimize the likelihood of being a victim of such frauds.
Why you should Attend:
Learning Objectives: To provide the participants with an in-depth knowledge and experience of:
- Phishing
- Skimming
- Identity theft
- Chargeback fraud
- Business email compromise
- Malware
Areas Covered in the Session:
- Types of electronic payment fraud
- Electronic payment fraud prevention
- Electronic payment fraud detection
- How to trace electronic payment fraud payments
- Liability in electronic payment fraud
- How payment affects a business
Who Will Benefit:
- Internal Auditors
- Financial Managers
- Data Analysts
- Operational Managers