A Rough Reality: Fraud Victims and the Road to Renewal

A Rough Reality: Fraud Victims and the Road to Renewal

Shock, anger, depression and bargaining are all victim’s reactions to fraud. When someone falls victim to fraud, there are issues that hinder healing — lack of sleep, overworking to earn money back, compulsive behavior and avoiding emotions. “Much is made of the fraudster,” said Andy Wilson, CFE, CCEP, VP Fraud & Compliance, Sedgwick, Inc. “But [the victims] are the real faces of fraud.”

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Navigating the Open, the Deep and the Dark Webs

Navigating the Open, the Deep and the Dark Webs

“When the NSA can’t find something, they use Google,” says Cary Moore, CFE, CISSP, Associate Partner for the IBM Red Team. In the session, “Shining a Light on the Dark Web,” Moore delved into what can be found on the three different levels of the web: the Open, the Deep and Dark Web. As the chances for cyberthreats increase with today’s digital culture, so will the demand for anti-fraud professionals with the skillset to prevent the risks and investigate the avenues cybercriminals use to defraud their victims.

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Traveling Fraud Museum Looks at Fraud on the Big Screen

Traveling Fraud Museum Looks at Fraud on the Big Screen

Made up of artifacts, memorabilia, documents, and other pieces of fraud history collected by ACFE founder and Chairman Dr. Joseph T. Wells, CFE, CPA, this year’s Fraud Museum displays financial frauds depicted on Hollywood’s big screen. The pieces reflect on productions like The Wolf of Wall Street, The Big Short and the recent ABC miniseries, Madoff. 

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Hackers, Attack Anatomy and Security Trends

Hackers, Attack Anatomy and Security Trends

Geoff Gentry, regional director for ISE, delivered "Hackers, Attack Anatomy, and Security Trends," an informative session on how to improve security systems. "When you lack systems with checks and balances, then disaster happens," warned Gentry. "You have to operate on the premise that the bad guys are already in your network." 

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How Corruption Facilitates Transnational Organized Crime

How Corruption Facilitates Transnational Organized Crime

"Sixteen years of clean audits at FIFA shows that corruption is mostly invisible," said Paul O'Sullivan, CFE, senior consultant at Paul O’Sullivan & Associates. "These people don't need a receipt for their crimes." Like the FIFA scandal, corruption isn't always loud and it isn't always in your face. Corruption is calculated. "Corruption is a proverbial iceberg — it's not always visible," said O'Sullivan. 

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