Fraud Wars: Fraud prevention in 2023
Is your fraud prevention strategy prepared for 2023? Are you ready for the challenges ahead?
Fraud remains the single most significant crime type in the UK, expanding rapidly during the pandemic and globally, costing billions of pounds every year. We often focus on the financial impact; however, there are many far-reaching and complex consequences of fraud, such as the following:
- Companies face the reputational implications of a scam that undermines their brand.
- Loss of business and investment when fraud is identified.
- The significant emotional impact on the victim as a result of the violation of trust.
In this exclusive members' webinar, industry expert Gaon Hart will discuss fraud risk going into 2023.
The following four key elements will be explored:
- Current state analysis – enable delegates to identify and reflect the most significant impact and focus areas in their risk appetite.
- Future state legislative and government initiatives – horizon scanning for potential impact on compliance programmes.
- Technology – help delegates to respond in a technological war where fraudsters develop workaround solutions to compliance controls.
- Compliance programme – discuss the difference made by compliance professionals and provide practical tips and actionable guidance for delegates to consider in the coming days, weeks and months.
As Global Lead for financial crime at the International Compliance Association, he was responsible for counter-fraud training to staff across all regulated sectors, government and law enforcement.
At a strategic level, he has worked on global projects with the United Nations, World Bank and IMF; and is widely recognised as a subject matter expert in financial crime compliance.
