FMN Auditing  |  Format: Flash

Crushing Payment Fraud Risk

Course Overview
Payment fraud represents any type of false or illegal transaction by a cybercriminal. Not only do organizations need to worry about protecting their assets, but if the story gets in the media, it can really hurt an organization's reputation. According to a recent Kroll study 84% of financial professionals surveyed reported at least one incident of payment fraud. Nasser Chanda, Chief Executive Officer of Paymerang, provides insights into the different types of payment frauds and what you can do to protect your company from becoming a victim.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize why protecting against payment fraud is important;
  • Identify the different types of payment fraud;
  • Recognize the four layers of protection from payment fraud; and
  • Identify the steps you can take to protect against payment fraud.

    Catalog Number: FMN1329-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: FMN Online
    Advanced Preparation:
    Work experience in financial reporting or auditing, or an introductory course in auditing.
    Course Level: Update
    Field of Study: Auditing
    Content Partner: FMN Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Dec 10, 2019 / Jul 14, 2021