ACFE PNW Chapter

🚨 New Blog Post on Compliance and AML Risks! 🚨 TD Bank recently made headlines by setting aside a staggering $2.6 billion in anticipation of potential anti-money laundering (AML) penalties. This massive financial reserve underscores the critical importance of having strong compliance programs in place. In our latest blog post, we dive deep into the reasons behind TD Bank’s decision and discuss how Certified Fraud Examiners (CFEs) can be instrumental in helping organizations avoid similar pitfalls. From conducting thorough risk assessments to strengthening internal controls, CFEs bring a wealth of expertise that can safeguard against regulatory breaches and protect both your organization’s finances and reputation. Key highlights include: - Risk Mitigation: How CFEs identify and address vulnerabilities in AML controls. - Internal Controls: The role of CFEs in designing robust systems to monitor transactions and ensure compliance. - Employee Training: The importance of ongoing education to foster a culture of compliance. - Continuous Improvement: How CFEs ensure that compliance programs evolve with changing regulations. This post is a must-read for anyone involved in compliance, risk management, or financial oversight. 👉 Check out the full blog post here: (https://lnkd.in/gakPWm_m) #Compliance #AML #CFE #FraudPrevention #RiskManagement #InternalControls #FinancialCrime #TDCaseStudy

🔍 Unveiling Hidden Truths in Mortgage Fraud: A Deep Dive into the DOJ's Latest Cases 🔍 Our latest blog post on the ACFE Pacific Northwest Chapter website takes you into the intricate world of mortgage fraud, where falsified documents and complex schemes threaten the integrity of our financial systems. This post delves into recent Department of Justice cases, shedding light on how Certified Fraud Examiners (CFEs) can leverage their expertise to uncover and combat these fraudulent activities. Don't miss this insightful read! Whether you're a seasoned investigator or new to the field, there's something valuable for everyone. 👉 Read the full blog post here: (https://lnkd.in/gAmb6nT8) #MortgageFraud #FraudDetection #CFE #ForensicAccounting #ACFEPNW #DOJ #FinancialCrime

🔍 New Blog Alert from ACFE PNW Chapter! 🔍 In an era where data breaches are becoming alarmingly frequent, understanding how to respond effectively is crucial. Our latest blog post takes a deep dive into the essential steps for protecting yourself and your organization when faced with a data breach. 🛡️ From recognizing the initial signs of a breach to the critical first actions that can minimize damage, we cover the key areas that Certified Fraud Examiners (CFEs) should focus on. Learn how to secure sensitive information, manage communication in the wake of a breach, and collaborate with law enforcement to ensure a swift and thorough response. This is more than just damage control—it's about being prepared, proactive, and resilient in the face of cyber threats. Whether you're a seasoned CFE or just beginning your journey, these insights are invaluable. Don't leave your organization vulnerable. Equip yourself with the knowledge and tools needed to navigate the complexities of a data breach. 🔗 Read the full blog post here: https://lnkd.in/g9Ams7uh #DataBreach #Cybersecurity #FraudPrevention #CFE #ACFE #PNWACFE #CrisisManagement

🚨 New Blog Post Alert! 🚨 We are thrilled to share our latest blog post: "Identifying Mortgage Fraud and Falsified Documents – Lessons from a $119M Mortgage Fraud Conspiracy." This in-depth article examines the sophisticated tactics used in a recent high-profile case and highlights the critical role Certified Fraud Examiners (CFEs) play in detecting and preventing mortgage fraud. Discover key red flags, detection techniques, and the pivotal role of CFEs in safeguarding financial institutions. Read more: Identifying Mortgage Fraud and Falsified Documents (https://lnkd.in/gv7mgxqg) #FraudPrevention #MortgageFraud #CFEs #PNWACFE #FinancialIntegrity

New Blog Post Alert - Combating Phishing Scams Exploiting CrowdStrike Incident 🚨 New Blog Post Alert! 🚨 We are excited to announce our latest blog post on the ACFE PNW chapter website: "Leveraging CrowdStrike Incident for Malware Delivery: A Call to Action for CFEs" Cybercriminals are now exploiting the recent CrowdStrike incident to deliver malware through sophisticated phishing scams. This highlights the urgent need for robust cybersecurity measures. As Certified Fraud Examiners (CFEs), we have a crucial role in defending organizations against these evolving threats. 🔒 Key Takeaways: - Employee Education: Training sessions to help employees spot phishing emails. - Risk Assessments: Identifying and mitigating vulnerabilities in cybersecurity infrastructure. - Incident Investigation: Thorough investigations to prevent future breaches. - Response Planning: Developing and testing incident response plans for effective action. Action Steps for Organizations: - Enhance email security with advanced filtering solutions. - Conduct regular cybersecurity training for employees. - Maintain and update incident response plans. - Collaborate with cybersecurity experts and CFEs. The exploitation of the CrowdStrike incident is a stark reminder of the dynamic nature of cyber threats. CFEs can play a pivotal role in building resilient defenses, protecting valuable assets, and maintaining trust. 🔗 Read the full blog post here: [ACFE PNW Blog](https://lnkd.in/gyaUXUrw) Join the conversation and share your thoughts on how CFEs can further enhance cybersecurity in organizations. Together, we can make a difference in the fight against cybercrime. #CyberSecurity #FraudPrevention #PhishingScams #CFEs #CrowdStrike #ACFEPNW #CyberCrime #RiskManagement #IncidentResponse

🚨 New Blog Alert! 🚨 Excited to announce our latest blog post: "Tackling Fraud-as-a-Service with the Expertise of CFEs." Discover how Fraud-as-a-Service (FaaS) is revolutionizing cybercrime and learn how Certified Fraud Examiners (CFEs) are uniquely positioned to combat this threat through enhanced detection, proactive prevention, collaboration with cybersecurity teams, and public education. Dive into the full post to explore the crucial role CFEs play in mitigating FaaS risks and protecting our organizations and communities. Read more here: Tackling Fraud-as-a-Service (https://lnkd.in/gSzsvPje) #FraudPrevention #CyberSecurity #CFE #FaaS #PNWACFE

🚀 Announcing the New ACFE PNW Blog! 🚀 Hello LinkedIn community! 🌟 We are thrilled to announce the launch of the new blog for the ACFE Pacific Northwest Chapter! Our blog will feature in-depth articles on notable cases from the Department of Justice, highlighting how Certified Fraud Examiners (CFEs) can utilize their skills to detect and combat fraud. 🔍 What to Expect? - Detailed analyses of real-world fraud cases. - Expert insights into the techniques and tools used by CFEs. - Practical advice for fraud examiners and professionals in related fields. 💼 Whether you're a seasoned CFE, an aspiring fraud examiner, or simply interested in the world of financial crime, our blog will provide valuable knowledge and insights. 👉 Check out the first post here: https://lnkd.in/gTfyN5Su Join us on this journey to stay informed and vigilant in the fight against fraud! 🕵️♂️💼 #ACFE #FraudPrevention #FinancialCrime #BlogLaunch #FraudDetection #CFEs #ProfessionalDevelopment #PNWACFE

Hope everyone has a great 4th of July day with friends and family to celebrate America!

Congratulations to our very own Katherine Robinson, GRCP, CFE, CAMS for a great presentation at the 2024 Global ACFE Fraud Conference #fraudconf about the importance of having clear, consistent and contextually relevant fraud risk assessments. In an ever-changing fraud landscape, the way fraud risk is identified, analyzed and controlled should not be. Thank you for doing a great job and representing the Association of Certified Fraud Examiners - Pacific Northwest Chapter #45 so well!

In recognition of World Elder Abuse Awareness Day (June 15, 2024) the Association of Certified Fraud Examiners - Pacific Northwest Chapter #45 would like to extend an invitation to all fraud fighters to attend our training event on June 18th on how to conduct Elder Abuse Investigations. #worldelderabuseawarnessday #acfe #elderrights Visit our website at pnwacfe.org to register.