Essentials of Online payment Security and Fraud Prevention

Author: David A. Montague

Publisher: John Wiley & Sons

ISBN: 9780470915141

Category: Business & Economics

Page: 290

View: 4253

Essential guidance for preventing fraud in the card-not-present (CNP) space This book focuses on the prevention of fraud for the card-not-present transaction. The payment process, fraud schemes, and fraud techniques will all focus on these types of transactions ahead. Reveals the top 45 fraud prevention techniques Uniquely focuses on eCommerce fraud essentials Provides the basic concepts around CNP payments and the ways fraud is perpetrated If you do business online, you know fraud is a part of doing business. Essentials of On-line Payment Security and Fraud Prevention equips you to prevent fraud in the CNP space.

Essentials of Online payment Security and Fraud Prevention

Author: David A. Montague

Publisher: John Wiley & Sons

ISBN: 0470638796

Category: Business & Economics

Page: 336

View: 4518

Essential guidance for preventing fraud in the card-not-present (CNP) space This book focuses on the prevention of fraud for the card-not-present transaction. The payment process, fraud schemes, and fraud techniques will all focus on these types of transactions ahead. Reveals the top 45 fraud prevention techniques Uniquely focuses on eCommerce fraud essentials Provides the basic concepts around CNP payments and the ways fraud is perpetrated If you do business online, you know fraud is a part of doing business. Essentials of On-line Payment Security and Fraud Prevention equips you to prevent fraud in the CNP space.

Essentials of Online payment Security and Fraud Prevention

Author: David A. Montague

Publisher: Wiley

ISBN: 9780470638798

Category: Business & Economics

Page: 304

View: 4762

Essential guidance for preventing fraud in the card-not-present (CNP) space This book focuses on the prevention of fraud for the card-not-present transaction. The payment process, fraud schemes, and fraud techniques will all focus on these types of transactions ahead. Reveals the top 45 fraud prevention techniques Uniquely focuses on eCommerce fraud essentials Provides the basic concepts around CNP payments and the ways fraud is perpetrated If you do business online, you know fraud is a part of doing business. Essentials of On-line Payment Security and Fraud Prevention equips you to prevent fraud in the CNP space.

Introduction to Online Payments Risk Management

Author: Ohad Samet

Publisher: "O'Reilly Media, Inc."

ISBN: 1449368913

Category: Computers

Page: 84

View: 7855

If you've been tasked with building a team to handle risk management for online payments (RMP), this practical introduction provides a framework for choosing the technologies and personnel you need. Author and financial services executive Ohad Samet explains the components of payments risk management, and presents a coherent strategy and operational approach. You'll learn the answers to questions you're likely to encounter in the first 18 months of operation, with information that Samet has shaped and tested over several years in the industry. This book is ideal whether you intend to be a one-person task force or work with dozens of agents and analysts. Use both a portfolio and behavioral approach to analyzing and optimizing losses Learn about your customers to determine if they can and will meet obligations Build an RMP team for payment risk operations, analytics, and decision automation Use linking mechanisms and velocity models to detect unusual activity among your customers Design system and data architecture to facilitate your activity analysis Implement the decision and loss-reduction mechanisms you need to act on your findings

Fraud Prevention Techniques

Author: David A. Montague

Publisher: N.A

ISBN: 1412218160

Category: Business & Economics

Page: N.A

View: 3021

Fraud is nothing new to the merchant. Since the beginning of time, man has always looked for the opportunity to defraud others - to gain goods or services without making payment. For the credit card industry, fraud is a part of doing business, and is something that is always a challenge. The merchants that are the best at preventing fraud are the ones that can adapt to change quickly. This book is written to provide information about how to prevent credit card fraud in the card-not-present space (mail order, telephone order, e-commerce). This book is meant to be an introduction to combating fraud, providing the basic concepts around credit card payment, the ways fraud is perpetrated, along with write ups that define and provide best practices on the use of 32 fraud-prevention techniques. 32 Detailed Fraud Prevention Techniques How to catch the Chameleon on the web Top 10 rules to prevent credit card fraud Understand common fraud schemes The one Fraud Prevention Technique no merchant can afford not to do Details on over 40 Vendors that sell fraud prevention tools and services, along with how to build it in-house Learn the anatomy of a Fraud Prevention Strategy

Fraud Analytics

Strategies and Methods for Detection and Prevention

Author: Delena D. Spann

Publisher: John Wiley & Sons

ISBN: 1118282736

Category: Business & Economics

Page: 176

View: 7134

Proven guidance for expertly using analytics in fraud examinations, financial analysis, auditing and fraud prevention Fraud Analytics thoroughly reveals the elements of analysis that are used in today's fraud examinations, fraud investigations, and financial crime investigations. This valuable resource reviews the types of analysis that should be considered prior to beginning an investigation and explains how to optimally use data mining techniques to detect fraud. Packed with examples and sample cases illustrating pertinent concepts in practice, this book also explores the two major data analytics providers: ACL and IDEA. Looks at elements of analysis used in today's fraud examinations Reveals how to use data mining (fraud analytic) techniques to detect fraud Examines ACL and IDEA as indispensable tools for fraud detection Includes an abundance of sample cases and examples Written by Delena D Spann, Board of Regent (Emeritus) for the Association of Certified Fraud Examiners (ACFE), who currently serves as Advisory Board Member of the Association of Certified Fraud Examiners, Board Member of the Education Task Force of the Association of Certified Anti-Money Laundering Specialists ASIS International (Economic Crime Council) and Advisory Board Member of the Robert Morris University (School of Business), Fraud Analytics equips you with authoritative fraud analysis techniques you can put to use right away.

Financial Statement Fraud

Prevention and Detection

Author: Zabihollah Rezaee,Richard Riley

Publisher: John Wiley & Sons

ISBN: 0470455705

Category: Business & Economics

Page: 332

View: 7239

Practical examples, sample reports, best practices andrecommendations to help you deter, detect, and prevent financialstatement fraud Financial statement fraud (FSF) continues to be a majorchallenge for organizations worldwide. Financial StatementFraud: Prevention and Detection, Second Edition is a superiorreference providing you with an up-to-date understanding offinancial statement fraud, including its deterrence, prevention,and early detection. You will find A clear description of roles and responsibilities of all thoseinvolved in corporate governance and the financial reportingprocess to improve the quality, reliability and transparency offinancial information. Sample reports, examples, and documents that promote areal-world understanding of incentives, opportunities, andrationalizations Emerging corporate governance reforms in the post-SOX era,including provisions of the SOX Act, global regulations and bestpractices, ethical considerations, and corporate governanceprinciples Practical examples and real-world "how did this happen"discussions that provide valuable insight for corporate directorsand executives, auditors, managers, supervisory personnel and otherprofessionals saddled with anti-fraud responsibilities Expert advice from the author of Corporate Governance andEthics and coauthor of the forthcoming Wiley textbook, WhiteCollar Crime, Fraud Examination and Financial Forensics Financial Statement Fraud, Second Edition containsrecommendations from the SEC Advisory Committee to reduce thecomplexity of the financial reporting process and improving thequality of financial reports.

Securities Fraud

Detection, Prevention and Control

Author: Louis L. Straney

Publisher: John Wiley & Sons

ISBN: 9780470918593

Category: Business & Economics

Page: 256

View: 2994

The first complete, expert guide to securities and investment fraud Filled with expert guidance for detection and prevention of all kinds of securities fraud and investment misconduct, Securities Fraud helps you identify red flags of fraud and offers practical ways to detect and prevent it. Written by a Wall Street professional with three decades of experience spanning the most critical period of our financial markets This book challenges classic fraud theories, describing how to dismantle information silos that permit fraudsters to conceal their activities. Begins with an overview of the evolution of securities regulation and the impact of securities fraud Offers real cases and examples which illustrate recurring themes and red flags Provides the first guide of its kind to offer a complete look at the various kinds of securities fraud and investment misconduct Securities Fraud is the essential guide you need for a bird's-eye view of fraud that may be taking place even now within your own organization and with your portfolio.

How to Get Away with E-Commerce Fraud

Author: Edoardo Fiorentini

Publisher: Createspace Independent Publishing Platform

ISBN: 9781546696599

Category:

Page: 146

View: 7705

When successful anti-fraud risk manager, Edoardo Fiorentini is approached and asked to help find a way to carry out a fraud successfully, it is the beginning of a journey into the secretive world of e-commerce fraud with some astonishing outcomes. How to Get Away with E-Commerce Fraud is the result of that investigation, which pits Edo's sophisticated skills against an industry which must always try to remain a step ahead of the fraudsters. Inside these pages, you will also discover: - Corporation secrets - Stories from 10 of the most known risk experts in the business - An appendix with 3 published articles on the subject

Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques

A Guide to Data Science for Fraud Detection

Author: Bart Baesens,Wouter Verbeke,Veronique Van Vlasselaer

Publisher: John Wiley & Sons

ISBN: 1119133122

Category: Computers

Page: 400

View: 5089

Detect fraud earlier to mitigate loss and prevent cascading damage Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques is an authoritative guidebook for setting up a comprehensive fraud detection analytics solution. Early detection is a key factor in mitigating fraud damage, but it involves more specialized techniques than detecting fraud at the more advanced stages. This invaluable guide details both the theory and technical aspects of these techniques, and provides expert insight into streamlining implementation. Coverage includes data gathering, preprocessing, model building, and post–implementation, with comprehensive guidance on various learning techniques and the data types utilized by each. These techniques are effective for fraud detection across industry boundaries, including applications in insurance fraud, credit card fraud, anti–money laundering, healthcare fraud, telecommunications fraud, click fraud, tax evasion, and more, giving you a highly practical framework for fraud prevention. It is estimated that a typical organization loses about 5% of its revenue to fraud every year. More effective fraud detection is possible, and this book describes the various analytical techniques your organization must implement to put a stop to the revenue leak. Examine fraud patterns in historical data Utilize labeled, unlabeled, and networked data Detect fraud before the damage cascades Reduce losses, increase recovery, and tighten security The longer fraud is allowed to go on, the more harm it causes. It expands exponentially, sending ripples of damage throughout the organization, and becomes more and more complex to track, stop, and reverse. Fraud prevention relies on early and effective fraud detection, enabled by the techniques discussed here. Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques helps you stop fraud in its tracks, and eliminate the opportunities for future occurrence.

Essential Project Investment Governance and Reporting

Preventing Project Fraud and Ensuring Sarbanes-Oxley Compliance

Author: Steven C. Rollins,Richard B. Lanza

Publisher: J. Ross Publishing

ISBN: 9781932159264

Category: Business & Economics

Page: 288

View: 9507

This title suggests proactive processes for ensuring proper financial reporting of project investments in compliance with the new Sarbanes-Oxley Federal Law and techniques for preventing, detecting, and managing the risks of fraud.

Identity Theft Handbook

Detection, Prevention, and Security

Author: Martin T. Biegelman

Publisher: John Wiley & Sons

ISBN: 9780470444818

Category: Business & Economics

Page: 416

View: 6933

Not a week goes by when identity theft isn t mentioned in the media or that a Congressional outcry isn t heard about this unrelenting crime. The first authoritative book on identity theft, Identity Theft Handbook is written by a career professional who has spent over 25 years investigating and preventing identity theft in both the public and private sectors. Its rich real-world content includes interviews with government and private sector thought leaders. As well, the costs of identity theft, future trends, and prevention guidance is discussed. For investigators, auditors, and managers.

Financial Fraud Prevention and Detection

Governance and Effective Practices

Author: Michael R. Young

Publisher: John Wiley & Sons

ISBN: 1118761634

Category: Business & Economics

Page: 320

View: 3077

Step-by-step guidance for board members and executives on preventing and detecting accounting fraud In the wake of highly publicized allegations of accounting irregularities and fraudulent financial reporting that are shaking up today's corporate community, Financial Fraud Prevention and Detection provides a step-by-step guide to how these crises can envelop a company and how to prevent them from happening in the first place. It is written for almost everyone involved: outside directors, audit committee members, senior executives, CFOs, CPAs, in-house lawyers, and outside law firms. Provides a blueprint for Fraud Prevention and Detection for corporate executives Presents step-by-step guidance to corporate boards and C-suite executives on managing the threat of accounting fraud Prepares directors and executives for the possibility of accounting irregularities Answers the question of how accounting fraud starts—and grows With solid strategies for prevention of accounting fraud as well as a process to follow when fraud has been discovered, Financial Fraud Prevention and Detection vividly explores the corporate environment that causes fraud, how it spreads, the kind of crises it can create for a company, and the best ways to deal with it.

Corporate Fraud Handbook

Prevention and Detection

Author: Joseph T. Wells

Publisher: John Wiley & Sons

ISBN: 1119351952

Category: Business & Economics

Page: 432

View: 3028

Delve into the mind of a fraudster to beat them at their own game Corporate Fraud Handbook details the many forms of fraud to help you identify red flags and prevent fraud before it occurs. Written by the founder and chairman of the Association of Certified Fraud Examiners (ACFE), this book provides indispensable guidance for auditors, examiners, managers, and criminal investigators: from asset misappropriation, to corruption, to financial statement fraud, the most common schemes are dissected to show you where to look and what to look for. This new fifth edition includes the all-new statistics from the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse, providing a current look at the impact of and trends in fraud. Real-world case studies submitted to the ACFE by actual fraud examiners show how different scenarios play out in practice, to help you build an effective anti-fraud program within your own organization. This systematic examination into the mind of a fraudster is backed by practical guidance for before, during, and after fraud has been committed; you'll learn how to stop various schemes in their tracks, where to find evidence, and how to quantify financial losses after the fact. Fraud continues to be a serious problem for businesses and government agencies, and can manifest in myriad ways. This book walks you through detection, prevention, and aftermath to help you shore up your defenses and effectively manage fraud risk. Understand the most common fraud schemes and identify red flags Learn from illustrative case studies submitted by anti-fraud professionals Ensure compliance with Sarbanes-Oxley and other regulations Develop and implement effective anti-fraud measures at multiple levels Fraud can be committed by anyone at any level—employees, managers, owners, and executives—and no organization is immune. Anti-fraud regulations are continually evolving, but the magnitude of fraud's impact has yet to be fully realized. Corporate Fraud Handbook provides exceptional coverage of schemes and effective defense to help you keep your organization secure.

Preventing Fraud in Nonprofit Organizations

Author: Edward J. McMillan, CPA, CAE

Publisher: John Wiley & Sons

ISBN: 0471733431

Category: Business & Economics

Page: 240

View: 3211

IS YOUR NONPROFIT VULNERABLE TO FRAUD? Fraud or embezzlement discovered within a major corporation ultimately leads to front-page scandals and a few raised eyebrows. But the mere suggestion or evidence of fraud within a nonprofit can cause irreversible damage to its reputation, its support base, and, eventually, its very existence. Preventing Fraud in Nonprofit Organizations is the proactive manual your organization needs to detect fraud and prevent it from affecting your organization's bottom line and name. Brimming with details of hundreds of actual fraud and embezzlement schemes, it provides specific, practical advice on strengthening the areas in which your nonprofit may be most vulnerable. This hands-on guide shows nonprofit accountants, CFOs, financial consultants, board members, and managers how to: * Know the four consistent areas of high risk * Thoroughly evaluate their organization's system of internal controls * Assemble a fraud examination team * Document a fraud action plan * Expose weaknesses that could lead to fraud * Take corrective action to reduce the possibility of victimization Fraud deterrence is not exclusive to large corporations. Recommended reading for nonprofit professionals, Preventing Fraud in Nonprofit Organizations will motivate executives to take a fresh and intensive look at their organization's practices and act to protect from financial dishonesty.

Bank Fraud

Using Technology to Combat Losses

Author: Revathi Subramanian

Publisher: John Wiley & Sons

ISBN: 0470494395

Category: Business & Economics

Page: 192

View: 1053

"Capitalize on technology to halt bank fraudExamining the technology that is needed to combat bank fraud, Bank Fraud: Using Technology to Combat Losses equips corporate security and loss prevention managers with the necessary tools to determine an organization's unique technology needs. Looks at the technology needed to handle data intelligence Provides guidance to assess the technology necessary to battle fraud Features unique coverage of the history of fraud detection and prevention in banking Explores the challenges of fraud detection in a financial services environment; understanding corporate risk exposure; losses per assets; trending over time; benefits of technology Focusing on the financial crimes and insider frauds in operation nationally and internationally, Bank Fraud: Using Technology to Combat Losses arms fraud prevention professionals with authoritative guidance to detect and prevent such crimes in future"--

Essentials of Forensic Accounting

Author: Michael A. Crain,William S. Hopwood,Carl Pacini,George R. Young

Publisher: John Wiley & Sons

ISBN: 1119552257

Category: Business & Economics

Page: 640

View: 4749

The highly experienced authors of the Essentials of Forensic Accounting define and explain the disciplined approaches to forensic accounting that lead to a thorough knowledge of the varied specialties within forensic accounting. Through illustrative examples and explanations, this book makes abstract concepts come to life for both seasoned professionals and students and it will help them understand and navigate successfully in this multifaceted area. The Essentials of Forensic Accounting is an indispensable resource delivering matchless knowledge to practitioners, financial managers and students in understanding the complex elements and factors that impact the forensic accounting practice areas. This vital reference resource focuses the elements that must come together to effectively diminish the incidence and impact of fraudulent activities. The book addresses the main themes of Professional Responsibilities and Practice Management Fundamental Forensic Knowledge, Laws, Courts, and Dispute Resolution Specialized Forensic Knowledge, Bankruptcy, Insolvency, and Reorganization