Leveraging the value of fraud detection and prevention

3rd annual e-Crime Fraud Forum
London, 7th March 2018

 

“Banking fraud is the biggest cyber crime in the UK, accounting for two in every five of the nearly six million online crime incidents recorded over the past year,” UK ONS

“The figures for 2016 tell us … that we can expect more super frauds as challenging economic circumstances place pressures on businesses and individuals and as technology becomes more sophisticated,” Hitesh Patel, UK forensic partner at KPMG

The value of alleged fraud cases reaching U.K. courts totalled more than £1.1 billion ($1.36 billion) in 2016. The amount of available data is giving fraudsters the tools to create ever cleverer ways to steal or create synthetic identities. And as genuine customers buy more goods  and apply for more financial products using online and mobile channels, the opportunities to create fake transactions across financial services, insurance, government, healthcare or e-commerce are multiplying.

Tackling the rapidly evolving methods used by digital criminals, while allowing genuine transactions to continue unhindered, requires increasingly innovative technologies and processes across fraud detection and prevention, in data analytics, forensics and investigations.

A particular issue for many organisations is outdated enterprise data and fraud management systems. Because these can still rely on manual sampling and lack the flexibility to build in sophisticated rules and models, and focus on individual transactions rather than histories and behaviours, they fail to stop new fraud types getting through as well as blocking too many genuine customers.

Transactional card fraud and payment fraud are still among the most damaging, but don’t forget that, as the latest report from Kroll makes clear, employees past and present, as well as freelancers and contractors, are still a key group of perpetrators. So prevention systems must be able to cope with both the internal and the external threat vectors and the different methods of deception required by each.


 

The 3rd e-Crime Fraud Forum will look at the latest in fraud prevention and mitigation. There will be real-life case studies, strategic talks and technical break-out sessions from law enforcement, government and the fraud teams behind some of the world’s most admired brands, who know, just like you, that fraud is now a critical threat to business.

  • Compliance and regulation

    • How the latest international laws and regulations apply to your business
    • Managing anti-fraud compliance obligations
    • Best practice monitoring, auditing, collecting and reporting requirements
    • Requirements of various fraud risk management standards; and,
    • Fraud compliance versus security: coordinating compliance into business-oriented fraud-prevention plans.
  • Incident response

    • Pre-incident planning, ongoing incident management, post-incident remediation
    • Who’s in the team? In-house, outsource or a combination of both?
    • Choosing external suppliers: dos and don’ts
    • eDiscovery: gathering, preserving and analyzing evidence
  • Payment, card and e-Commerce fraud

    • Countering multi-vector frauds
    • Securing e-Commerce and mobile channels
    • The exploitation of legitimacy: understanding identity
    • Chargeback frauds versus payment frauds: the real problem
  • Working with law enforcement

    • How to create good law enforcement relationships
    • How to ensure you provide the best information and drive actions
    • What do law enforcement expect from a RIPA request?
    • What do law enforcement expect from a fraud report?
  • Responding to the threat tsunami

    • Re-engineering the fraud process chain
    • Is your fraud risk assessment up to date?
    • Necessary, proportionate and effective? What is best practice today?
    • Ensuring continued regulatory compliance
    • Saying “yes” to the business, while maintaining security
  • Rise of the robots?

    • From transaction to pattern: building new pictures of identity
    • Adaptive behavioural analytics
    • Self-learning and AI-based fraud detection and prevention
    • Reducing false decline rates 
  • New analytic tools in fraud monitoring

    • Better analytics, better insights: the latest solutions in fraud prevention and mitigation
    • Visualization is not intelligence: integrating back-end systems
    • The role of big data in fraud detection and valuation
    • Building real-time fraud intelligence
  • Next generation data analytics

    • How to stop relying on outdated tools like Excel and Access
    • Leveraging continuous monitoring solutions: beyond SAP, SAI Global and Oracle
    • Text analytics, social media/web monitoring solutions, visualization and reporting tools
    • Big Data, voice search and artificial intelligence in unstructured data
  • Investigation effectiveness

    • How do you know whether your internal investigation team is effective?
    • How can you measure this in value terms for the business?
    • How can you benchmark against your peers?
    • What skills do we need to ensure that the organisation is able to respond appropriately?

Who attends

Job Titles

Global Fraud Risk Controller
Group Head of Revenue Assurance
Group Fraud Manager
Global Head of Fraud Investigations
Group Head, Online Payments & Fraud
Head of Customer Security
Head of Digital Commercial Risk
Head of Fraud
Head of Fraud, Retail & Business
Head of Fraud, UK Retail
Head of Fraud & Risk
Head of Fraud & Special Investigations
Head of Fraud Operations
Head of Fraud Oversight
Head of Fraud Prevention (P&BB)
Head of Fraud Strategy & Analysis
Head of Payments & Fraud
Head of Payments and Fraud
Group Fraud Risk Officer
Anti-Fraud Team Lead
ATM Fraud Co-ordinator
Communications Manager
Cybercrime & Digital Fraud Manager
Cyber Threat Intelligence Manager
Digital Fraud - Group Security & Fraud
Global Security & Fraud Risk Manager
Director, Fraud & Financial Crime
Director, Financial Crime Systems
e-Crime Fraud Lead
Head of Group Fraud Risk Control
Finance Analyst
Fraud & Investigations Manager
Fraud & Loss Prevention Manager
Fraud & Risk
Fraud Analyst
Fraud Analyst
Fraud and Risk Shift Manager
Fraud Intelligence Researcher
Fraud Manager
Fraud Manager
Fraud Officer
Fraud Prevention Manager
Fraud Prevention Manager
Fraud prevention officer
Fraud Prevention Manager, Europe
Fraud Risk Manager
Fraud Risk Manager
Investigations Manager
Manager, Financial Crime Oversight
Manager, Payments & Security Risk
Manager, Fraud Intelligence
Manager, Group Fraud Risk
Manager, Technical Investigations
Manager Systems Strategy & Change
Partner
Principal, Investigations
Programme Manager, Fraud Control
Revenue Protection Manager
Senior Anti-Fraud Manager
Senior Fraud Business Analyst
Senior Fraud Investigator
Senior Fraud Investigator
Senior Fraud Investigator
Senior Fraud Manager
Senior Fraud Manager
Senior Fraud Manager
Senior Fraud Manager
Senior Fraud Officer
Senior Manager, Digital Fraud
Senior Manager, Fraud Prevention
Senior Manager, Fraud Strategy
Senior Manager - Security & Fraud
SVP Fraud and Customer Service
VP Digital Fraud & Corporate Banking
VP Fraud Investigation

Companies

UBS
Lycamobile
JD Sports
HSBC
City Index
Royal Bank of Scotland
Rank Group
National Savings & Investment
Royal Bank of Scotland
Royal Bank of Scotland
Sky Bet
Capita
Nationwide Building Society
Santander
Royal Bank of Scotland
Capital One
JustGiving
Rank Group
UBS
Rank Group
Cardtronics
CIFAS
TTT Moneycorp
Santander
Lloyds Banking Group
HSBC
Teesside University
Barclays
Financial Fraud Action UK
UBS
City Index
News UK
ICE
Sky Bet
Just Eat
Pockit
Sky Bet
Financial Fraud Action UK
Scotia Gas Networks
Stan James
Scotia Gas Networks
First Rate Exchange Services
Home Retail Group
First Rate Exchange Services
HSBC
Post Office
Schroders
Tesco
Royal Bank of Scotland
Royal Bank of Scotland
TSB Bank
HSBC
HSBC
Lloyds Banking Group
Dorsey & Whitney
Rio Tinto Group
Financial Fraud Action UK
Deckers
Lebara
Bank of Ireland
First Rate Exchange Services
Western Union
Transport for London
Financial Fraud Action UK
Royal Bank of Scotland
East Coast Trains
Capital One
First Rate Exchange Services
TSB Bank
First Rate Exchange Services
NewDay
Lloyds Banking Group
Greenman Gaming
Barclays
JP Morgan Chase

Industries

Banking
Telecommunications
Retail
Banking
Banking
Banking
Casinos/Gaming
Banking
Banking
Banking
Casinos/Gaming
Software/Hardware
Banking
Banking
Banking
Banking
Charity
Casinos/Gaming
Banking
Casinos/Gaming
Electronic/Electrical Equipment
Central Government
Banking
Banking
Banking
Banking
Education
Banking
Association
Banking
Banking
Media
Banking
Casinos/Gaming
Retail
Banking
Casinos/Gaming
Association
Oil/Gas
Casinos/Gaming
Oil/Gas
Banking
Retail
Banking
Banking
Transportation/Shipping
Banking
Retail
Banking
Banking
Banking
Banking
Banking
Banking
Legal
Mining/Metals
Association
Manufacturer
Telecommunications
Banking
Banking
Banking
Central Government
Association
Banking
Travel/Leisure/Hospitality
Banking
Banking
Banking
Banking
Banking
Banking
Casinos/Gaming
Banking
Banking


Venue

Park Plaza Victoria, London

vpp

Location:
Park Plaza Victoria
239 Vauxhall Bridge Road, London, SW1V 1EQ. UK
Telephone: 0844 415 6752
 

Directions:
Please click here