Fraud, Cyber, & Governance Conference: Creating a Fraud-Resistant Organization

Earn up to 8 CPE Credits

Organizations, on average, lose 5% of their annual revenues to fraud. This is according to the May 2022 Report to the Nations from the Association of Certified Fraud Examiners (ACFE) based on a global survey spanning 133 countries and 2000 organizations. While asset misappropriation schemes are the most common occurring in 86% of the cases with a median loss of $100,000, financial statement fraud occurs only 9% of the time, but is far more costly with a median loss of $593,000. Overall, annual estimates of fraud globally approach a whopping $4.7 trillion.  

And don’t forget cyberattacks. According to Coalition’s 2022 Cyber Claims: Mid-year Update report, phishing has become one of the most common attack vectors. While Coveware, a ransomware incident response firm, reports that the average ransom payment in Q1, 2022 was $211,259 and the median ransom payment was $73,906. The frequency of cyber attacks compels organizations to move from cyber security strategies to developing cyber resilience. 

Given these sobering statistics, organizations need to step up their strategies to prevent, detect, and contain fraud to protect themselves from significant financial, organizational, and reputational harm. It is not a question of if, but when fraud strikes an organization—no organization is immune to this risk. With threats coming from both inside and outside the organization, understanding what motivates fraudulent behavior, learning how to identify warning signs, and exposure to effective tools, competencies, and governance strategies are key steps in creating the fraud-resistant organization. 

Financial Executives International (FEI), the Behavioral Forensics Group, LLC (B4G), and the University of Dayton Center for Cyber Security & Data Intelligence (UD) have assembled a panel of esteemed industry specialists and anti-fraud professionals to share the latest behavioral insights, strategies, trends, and tools to help business leaders prevent, deter, and mitigate fraud risk. 

Why You Should Attend: 

  • Learn from pivotal players and thought leaders in the anti-fraud space as they deliver actionable insights.
  • Understand how to use behavioral psychology to prevent, detect, and contain fraud.
  • Earn up to 8 CPE credits.
  • Virtual, split-day conference format makes it easier to fit into your busy schedule.

Key Takeaways: 

  • Understand the fraud threat picture – occupational (asset misappropriation, corruption, financial statements) and cyber.
  • Discover what motivates people to commit fraud and how to deter them.
  • Find out how to identify warning signs and take a pre-emptive stance against fraud.
  • Learn best practices, time-tested and proven implementation strategies in combating fraud.
  • Explore the role of those charged with governance in creating a fraud-resistant organization.
 


REGISTRATION RATES

  •  
  • Member: $349
  • Nonmember: $449
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PRESENTED IN PARTNERSHIP WITH

B4G

University of Dayton Center for Cybersecurity and Data Intelligence
 

Speakers

Michael Anderson

Retired Assistant Special Agent in Charge
Federal Bureau of Investigation

Jack Bigelow

President
The Bigelow Consulting Group, Inc.

Victor Hartman

Principal
The Hartman Firm, LLC

Chad Hunt

Supervisory Special Agent
Federal Bureau of Investigation

Joe Koletar, PhD

Retired Senior Executive
Federal Bureau of Investigation

Harry Kraemer

Former Chairman and CEO
Baxter International Inc.

Amanda Malusky Krauss

Associate Managing Director
Axium Consulting LLC

Daven Morrison, M.D.

Associate Clinical Professor of Psychiatry, Chicago Medical School
CEO Morrison Associates, Ltd

Brad Preber

Former CEO
Grant Thornton LLP

Dr. Sri Ramamoorti

Associate Professor of Accounting
University of Dayton

Lynda Schwartz

Lecturer, Director of Forensic & Data Analytics Curriculum, Isenberg School of Management
University of Massachusetts Amherst

David Sems

Founder
Sems & Associates

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Accounting, Technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Business Management and Organization, Non-technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Business Management and Organization, Non-technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Behavioral Ethics, Non-technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Business Management and Organization, Non-technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Regulatory Ethics, Technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Information Technology, Technical

Prerequisites

None

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Information Technology, Technical

Prerequisites

None

National Registry of CPE SponsorsFinancial Executives International (FEI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For FEI CPE credits, one credit hour equals 50 minutes according to NASBA guidelines. Some states boards may differ on how many minutes constitute a credit hour. Contact your state board for more information. For more information regarding administrative policies such as complaint and refund, please contact our offices at 973.765.1029.