Course Outline

Introduction

  • What is eCommerce fraud?

History of eCommerce Fraud

  • Understanding eCommerce frauds which happened over the past decades.
  • Understanding eCommerce frauds which are known to be common today.

Types of eCommerce Fraud

  • True Fraud, Friendly Fraud, Phishing, Refund Fraud, Card Testing
  • eCommerce fraud statistics and examples

Preparing an Anti-Fraud Strategy

Assessing Your Organization's Situation

Addressing Different Areas of Fraud Prevention

Authentication

Credit Card Fraud Detection

Fraud Detection Techniques

Managing Recurring Transactions

Fraud Screening

Communicating with Team and Getting Support for New Measures

Evaluating the Results

Adjusting to Changing Needs

Summary and Conclusion

Requirements

  • Basic understanding of eCommerce and online payments

Audience

  • Managers in charge of implementing security policies and controls.
 14 Hours

Need help picking the right course?

Upcoming Courses

Related Courses

Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF)

 14 Hours

Audience

All Senior Management who need a working knowledge of AML / CTF and their prevention – and an awareness of the other relevant and current Financial Crime issues;

Format of the course

A combination of:

  • Facilitated Discussions
  • Slide Presentations
  • Case Studies
  • Examples

Course Objectives

By the end of this course, delegates will be able to:

  • Explain how AML and CTF might be prevented
  • Understand the major facets of AML and CTF as they apply to their companies and the national and international efforts being made to combat them
  • Define the ways in which a company and its staff should protect themselves against the risks of Money Laundering and Terrorist Financing
  • Detail how a company might become a target for Money Laundering and Terrorist Financing: and explain which “red flags” might help them to identify, prevent and report any (suspicious or actual) criminal activity
  • Understand some of the other “hot spots” in Financial Crime
Read more...

CRS: Foreign Financial Reporting and Automatic Exchange of Information

 14 Hours

The Common Reporting Standard (CRS) is an OECD standard which calls on international jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. The Standard requires all reports to be sent electronically in a format known as CRS XML.

To resolve errors related to file preparation and incomplete or inaccurate record information, the CRS Status Message XML Schema was created to check for file and record errors in the CRS XML Schema file.

In this instructor-led, live training, participants will learn:

  • the basic structure of the CRS XML Schema and CRS Status Message XML Schema.
  • steps for processing these files.
  • steps for converting Excel files to XML schema files.
  • steps for filing with their respective jurisdiction.

Format of the course

  • Part lecture, part discussion, exercises and heavy hands-on practice
Read more...