Fraud Trends for The Future - Targeted Attacks
Author: Lynn Fountain
| CPE Credit: |
2 hours for CPAs |
This course is one part in our ongoing series on Fraud Trends in the Future. This specific course focuses on Targeted Attacks. In a targeted attack, your organization is singled out because the attacker has a specific interest in your business or has been paid to target you. The groundwork for the attack could take months so that they can find the best route to deliver their exploit directly to your systems (or users). In this course we discuss the types of targeted attacks, phases of targeted attacks and mitigation methods.
Fraudsters seek new ways to exploit private information. Cybercrime and fraud prevention is an evolving field based on varied tactics used by fraudsters. In order to be prepared to mitigate fraud risks, you must understand the current fraud trends. The initial segment of this series will focus on fraud trends that have been identified for 2023 and beyond. Broadly, these trends include:
- Automation
- Account Takeover
- Adoption of new digital payment methods
- Balancing fraud and consumer friction
- Rise of synthetic identities
- Escalating cost of fraud
- Targeted attacks
- Strong need for real-time assessment
- Need for multi-layered fraud assessment
- Account security
Publication Date: June 2024
Designed For
CFO’s; CEO’s; Management; Internal and External Audit; Compliance and Legal professionals; Accountants
Topics Covered
- Evaluate fraud trends for 2023 and beyond
- Define targeted attacks
- Identify types of targeted attacks
- Phases of targeted attacks
- Elements of software that can help mitigate a targeted attack
Learning Objectives
- Identify and evaluate Fraud trends for 2023 and beyond
- Identify and define targeted attacks
- Identify types of targeted attacks
- Identify the phases of targeted attacks
- Identify and discuss elements of software that can help mitigate a targeted attack
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
