Get Proactive about Internal Fraud

Who? Did What? To Which Account? From Where? When? For How Long? In What Frequency? How?

Wednesday, March 19th, 2008, starting with 9:30 hrs in Regina Maria Hall of Athénée Palace Hilton Bucharest.

It has become abundantly clear that organizations can no longer wait to defend themselves against insider threat. The question is – how?


In the wake of high profile banks scandals, as well as Basel II requirements assigned to safeguard the banks solvency and overall economic stability against any risk, many banks leaders are increasingly aware of the need to create specific anti-fraud measures to address internal corporate fraud and misconduct.
As banks achieve compliance with new regulations related to fraud and risks, their agenda is focused on management efforts:

  • to understand the risks that can transform their goals in non achievable objectives;
  • to reduce the exposure to corporate liabilities, sanctions and litigation;
  • to keep the best image of their business, through sound corporate governance and transparency.

This seminar will demonstrate that a paradigm shift is required in order to successfully detect and prevent insider fraud: As opposed to tracking single events or transactions, it has now become mandatory to implement "true-to-life" user behavior tracking and analysis.

Attention will also be given to user privacy protection in recognition of the fact that the inside perpetrator is generally the exception rather than the rule.

Delegates attending this seminar will learn about:

  • Profiling of internal fraud perpetrators, common motives and schemes
  • Analysis of external vs. internal fraud – different needs, different solutions
  • Evaluation of "true-to-life" user behaviour tracking and analysis (application-level, action-by-action visibility)
  • Applying the new paradigm to real-world fraud cases
  • Related employee privacy issues