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 focused 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
In the initial segment we evaluated areas of automation and machine learning fraud. Session two evaluated the concept of account takeover. This session focuses on adoption of digital payment methods and the various deterrence and mitigation techniques available to prevent fraud.
Course Series
This course is included in the following series:
7 CoursesFraud Trends for the Future
- Fraud Trends for the Future - Examining Automation and Machine Learning
- Fraud Trends for the Future - Understanding and Addressing Account Takeover
- Fraud Trends for the Future - Digital Payments Fraud
- Fraud Trends for the Future - Mitigation Methods for Synthetic Identities
- Fraud Trends for the Future - Understanding Synthetic Identities
- Fraud Trends for the Future - Need for Real-time Risk Assessment - Part one
- Fraud Trends for The Future - Targeted Attacks and Payment Management
Learning Objectives
- Explore and evaluate Top fraud trends in 2023 and beyond.
- Explore and examine new digital payment methods and trends.
- Discover and evaluate compliance trends.
- Identify and researching beyond digital payments.
- Explore and examine digital payment fraud mitigation tactics.
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Prerequisites
No advanced preparation or prerequisites are required for this course.
Education Provider Information
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