FVC2057. How to Think Like a Fraudster

Understanding fraud vulnerabilities is imperative to developing an effective anti-fraud program. To gain this understanding, organizations need to think like a fraudster and walk through possible internal and external fraud types, fraud risk entry points, and fraud actor personas that can impact individual departments and procedures. This approach helps create a comprehensive fraud risk map for your organization which is a resource you can employ to aid your fraud management activities. This session will provide the stepping stones for you to begin to become an expert in thinking like a fraudster and developing a fraud risk map for your organization.

Learning Objectives:

• Identify what a fraud risk map is and how to think like a fraudster
• Recognize and apply best practices for identifying fraud schemes and developing a fraud risk map
• Describe how to customize a fraud risk map to each organization's needs