Social Media and Fraud: How to Spot Modern-Day Con Artists

OVERVIEW

The webinar provides an insight into social media fraud, explaining:

• Statistical overview of the fraud problem generally, and T&E fraud specifically
• Who commits fraud on social media
• Lessons from social media scams and fraudsters

COMMON TYPES OF SOCIAL MEDIA FRAUD TODAY

• Identity theft and fraud
• Impersonating company executives or employees for personal gain
• Impersonating company websites
• Gathering confidential information using false pretexting
• Corporate spying

PROTECTING THE ORGANIZATION AGAINST SOCIAL MEDIA FRAUD

• What you can do with Google and other search engines to thwart fraudsters
• How blogging can prevent social media fraud
• Best policies for governing employee use of social media
• Essential information and network security measures for minimizing social media fraud

WHY SHOULD YOU ATTEND

Here is one of the fastest-growing schemes on social media sites:

Most online accounts use “qualifying questions” or Knowledge Based Authentication questions and answers to verify your identity. These questions involve personal information, such as your children, other relatives’, or pets’ names or birthdays. When the fraudsters find this information on your Facebook page, they can reset your passwords and steal your identity.

Key message: Limit what you post, and lock down your privacy settings.

AREAS COVERED

• How E-fraudsters exploit Facebook and other social media sites to commit fraud
• How to monitor social media sites for signs of criminal actions against your organization
• How to reduce your risk of fraud victimization via social media
• Who should be accountable for monitoring and reacting to social media attacks
• How to respond to social media attacks

LEARNING OBJECTIVES

Learn about social media fraud and how it could impact your business adversely. Also learn how to respond to social media attacks and address the social media security issues to protect your business.

WHO WILL BENEFIT

• Internal and external audit professionals
• IT managers and auditors
• Website managers
• Accounting and audit practitioners
• HR managers
• Senior financial management seeking to reduce their vulnerability to costly frauds
• Procurement managers
• Compliance and ethics managers
• CFO’s/senior financial managers
• Security personnel

SPEAKER

Years of Experience: 25+ years

Areas of Expertise: Risk Assessment, and Fraud Prevention and Investigation

Peter Goldmann is President of FraudAware LLC,the publisher of White-Collar Crime Fighter, a widely read bi-monthly newsletter for internal auditors, controllers, corporate counsel, financial operations managers and investigators. The newsletter is in its 15th year of publication under Peter’s leadership.