Background

While the world is dealing with the effects of the COVID pandemic and companies are scaling up their ICT systems to the cloud to enable remote access, another global pandemic called the “cyber-security pandemic” has been emerging. The shift by companies and organisations to new services and systems has allowed larger volumes of transactions to be executed remotely. The adoption of these new and relevant systems has increased the threat surface and scope for cybercriminals. Several global companies have fallen victim to cyber-security incidents.

The financial services sector is a fertile ground for cyber-criminals as it deals with, movement of funds, access to money, personal information and investments making them potential conduits for cybercrime. In this regard, there is need for organisations to strengthen monitoring, configuration of security devices, adopt security strategies and systems, and improve human capacity to enhance resilience to cyber-crime.

Course Objectives

•  To raise participants’ awareness on the motives and methods behind cyber financial crimes and equip them with tools for detection, conducting judicially valid and admissible investigations, reporting and prevention techniques, as well as managing necessary internal and external controls.

Course Content

• Current and emerging cyber financial crime threats and fraud topologies.
• Impact of cyber financial crimes on firms and the financial services sector.
• Relevant legislation.
• Key security methods to prevent cyber financial crime.
• Warning signs of cyber financial crime.
• Ethical considerations in financial fraud prevention.
• Anti-fraud measures.
• Investigating suspected fraudsters.
• Investigations into social media, malware, viruses, and ransomware.
• Detection and prevention of Money Laundering.

Target Group

Senior and middle-level professionals in departments/units such as:

• Internal audit
• Risk management
• Security
• Legal
• Regulatory compliance
• Operations
• Finance

NB

Tuition fees cover tuition, training materials, lunch, and refreshments only.