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Unlock the Secrets of Financial Transactions with CFE Certification! Understanding financial transactions is at the heart of fraud examination. As a CFE, you're equipped to delve into the intricacies of financial data, identifying irregularities and preventing financial crimes. Why focus on Financial Transactions? Insightful Analysis: Gain the skills to analyze complex financial records and uncover hidden discrepancies. Preventive Measures: Develop strategies to safeguard organizations against fraudulent activities. Career Advancement: Enhance your credibility and expertise in the ever-evolving field of fraud examination. As the financial landscape grows more complex, the demand for skilled fraud examiners continues to rise. Whether you're auditing, investigating, or consulting, a deep understanding of financial transactions is crucial. Tools and Techniques: Learn to use cutting-edge tools and methodologies to trace the flow of money and identify fraudulent patterns. Real-World Applications: From corporate fraud to cybercrime, your knowledge can make a significant impact in diverse industries. Stay Ahead: With continuous learning and professional development, stay ahead of the curve and lead the fight against financial fraud. Let's embrace the challenge and make a difference! #CFE #FinancialTransactions #FraudPrevention #CareerGrowth #ProfessionalDevelopment #FinancialIntegrity

HUD OIG’s issues its Priority Open Recommendations for FY2024 The report highlights for HUD leadership 35 open recommendations from OIG reports that, if implemented, will help HUD address its most serious management challenges and enhance critical aspects of its operations. The report outlines important actions HUD can take to address recommendations related to: promoting health and safety in HUD-assisted housing, managing fraud risk and improper payments, improving information technology modernization and cybersecurity, protecting whistleblowers, and mitigating counterparty risk. Of the 35 priority open recommendations, 24 recommendations were identified in FY23, and 11 new recommendations were added for FY24. “Our priority open recommendations report offers a roadmap for HUD leadership on specific actions they can take to address discrete challenges that will have the greatest positive impact on the Department’s mission. By focusing its efforts on these recommendations, HUD will be better positioned to protect whistleblowers, improve how Ginnie Mae handles troubled mortgage-backed security issuers, address systemic challenges with improper payments, and address recommendations that would put billions of taxpayer dollars to better use.” ~ Inspector General Rae Oliver Davis. 👉https://lnkd.in/gju9b8wh

🏦 🔒 👥 [Reporting to the Board: New GLBA Requirement || A How-To Series for Compliance Officers in Financial Services] 🏛️ ✌️ Part 2: What does the report need to include? (Part B) 📜 Here's what the regulation reads: "...Material matters related to the information security program, addressing issues such as risk assessment, risk management and control decisions, service provider arrangements, results of testing, security events or violations and management's responses thereto, and recommendations for changes in the information security program..." 🗣️ We advise our clients to cover these in layman terms, else, you'll lose the Board. This means, in addition to what we shared yesterday, we have our clients include on the following: *Reports of Fraud, ID Theft *Reports of Unauthorized Access *Intrusion Monitoring *Downtime Monitoring *3rd Party Vendor IT Security Due Diligence Processing Times 🤿 In case you want to dive deep into the authoritative text, here's a handy link to 16 CFR 314.4(i). ❓If you have questions, just pop them in the comments. 👈What you missed yesterday: What does the report need to include? (Part A) 👉Next Week: Take a peek at the standard template that CyberSecurityBase uses for fintech clients

🏦 🔒 👥 [Reporting to the Board: New GLBA Requirement || A How-To Series for Compliance Officers in Financial Services] 🏛️ ✌️ Part 2: What does the report need to include? (Part B) 📜 Here's what the regulation reads: "...Material matters related to the information security program, addressing issues such as risk assessment, risk management and control decisions, service provider arrangements, results of testing, security events or violations and management's responses thereto, and recommendations for changes in the information security program..." 🗣️ We advise our clients to cover these in layman terms, else, you'll lose the Board. This means, in addition to what we shared yesterday, we have our clients include on the following: *Reports of Fraud, ID Theft *Reports of Unauthorized Access *Intrusion Monitoring *Downtime Monitoring *3rd Party Vendor IT Security Due Diligence Processing Times 🤿 In case you want to dive deep into the authoritative text, here's a handy link to 16 CFR 314.4(i). ❓If you have questions, just pop them in the comments. 👈What you missed yesterday: What does the report need to include? (Part A) 👉Next Week: Take a peek at the standard template that CyberSecurityBase uses for fintech clients

𝗣𝗿𝗼𝘁𝗲𝗰𝘁 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗳𝗿𝗼𝗺 𝗜𝗻𝘀𝗶𝗱𝗲𝗿 𝗙𝗿𝗮𝘂𝗱! 🔎 Businesses lose about 5% of their annual revenue to fraud, with losses skyrocketing 24% since 2022. Don't let your company be a statistic! Join us next Tuesday, July 16th at 7:30 AM with Jacque James, CFE, MAFM, who will share practical strategies to detect and prevent internal fraud. Gain insights, learn proactive measures, and prepare your business against fraud. ⬇️ Click below to register today!  #FraudPrevention #BusinessProtection #FinancialSecurity #CNBSeminars

Always take the time to thoroughly research and speak with a trusted financial professional before proceeding. Beware, the threats are out there—from phishing emails to dubious investment schemes. To keep you safe, here are some tips: 1) Never click on links that look suspicious or share your personal details unless you're absolutely certain of their legitimacy. It’s okay to ask more questions or request verification—better safe than sorry! 2) Make it a habit to regularly check your finances and credit report. 3) Always double-check invoices and ensure they're legitimate before making any payments. And remember, if something seems too good to be true, it probably is! Stay vigilant. 🌐https://lnkd.in/edhPcNfy ✉️jamie.wilkinson@sjpp.co.uk ☎️ 07565 422522 J Wilkinson Financial Planning is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 8/5/2024 #JWilkinsonFinancialPlanning #financeadvice #financialadvice #financialeducation

🛡️ Safeguard Your Business's Financial Health 🛡️ In today's dynamic business landscape, the threat of fraud looms larger than ever, posing a serious risk to your company's bottom line. The PSP50716 Diploma of Fraud Control is your first line of defense against these financial threats. Our comprehensive online course equips you with the necessary skills and knowledge to detect, prevent, and investigate potential fraud within your organization. By enrolling in this program, you're not just earning a diploma; you're making a savvy business investment in the security and integrity of your financial operations. Take charge of protecting your assets and ensuring the future success of your business with the Diploma of Fraud Control. Don't let fraudsters outsmart you—be prepared, be proactive, and stand firm against fraud. 🔍 Detect Risks ✅ Prevent Losses 🕵️♂️ Investigate Threats Enroll now : https://lnkd.in/gqj24Wp3 #diplomaoffraudcontrol #onlinecourse --- Empower yourself with the expertise to secure your company's prosperity. Join a network of professionals who refuse to let fraud undermine their hard work and dedication. 🎓💼

If you are a business owner or non profit, this presentation is for you. Do you know of any one that has been hit by internal theft? It happens unfortunately more frequently than it should. The loss's typically are very large by the time they are found. Come join us next Tuesday for Jacque's presentation on the various types of internal employee fraud and theft that she has investigated!

Strong SOX compliance is vital for banks to manage lending activities, prevent fraud, and safeguard their reputation. By adhering to these regulations, institutions can avoid financial losses, enhance operational efficiency, and meet investor expectations, ensuring long-term financial stability and growth. #cybersecurity #fraudprevention #dataanalysis #riskanalysis