Preventing Fraud Via Your Website (Currently Unavailable)

Author: Paul McCormack

Online fraud costs businesses around the globe untold millions. In fact, organized crime is particularly fond of online fraud as the rewards are so great. What can companies do to prevent online fraud? How can technology play a role in online fraud prevention and detection? How can a company protect their online sales channel while simultaneously making it easy for customer to use the site? This webinar provides an overview of online fraud involving the theft of goods and services via a company's website. Participants will learn how best to protect their online sales channel, and what do to in the event that online fraud losses result.

Publication Date: July 2016

Designed For
CPAs responsible for preventing, detecting and investigating fraud.

Topics Covered

• Fraud definitions
• Online Fraud Statistics
• How Online Fraud Happens
• Online Fraud Red Flags
• Importance of Employee Education
• Partnering with law enforcement
• Online Fraud Prevention Framework
• How to maintain and improve fraud "IQ"

Learning Objectives

• Identify the risk of online fraud as well as how best to respond when it takes place
• Recognize the red flags associated with online fraud involving organized crime
• Review "tried and tested" technologies used to prevent and detect online fraud
• Build a business case to justify changes in the internal control environment and the investment in fraud prevention technology
• Recognize how to maintain and improve fraud "IQ" relating to online fraud
• Identify how chargebacks on credit card transactions are preventable
• Recognize how to utilize fraud detection tools and advise your clients
• Describe the rejection rate of transactions by companies earning annual online revenues
• Identify best practices in implementing an online fraud detection database
• Recognize how to best use geolocation by IP address as a fraud prevention technique
• Identify best fraud prevention practices in international commerce
• Describe the chain of events in mailing merchandise
• Recognize customization of databases used for fraud case investigation

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None