Fraud Detection

1 hour fully online video

All businesses should have in place a set of policies and procedures that deter people from committing fraud. Unfortunately, fraud remains a common problem across many industries. The financial sector is particularly vulnerable to these crimes.

Learning outcomes:

  • Why fraud detection is important and why learning how to spot patterns is an essential skill in investigating fraud
  • How to look for clues that may point to future instances of fraud
  • How to identify anomalies in records and processes by analysing data
  • The challenges that face data auditors when trying to identify fraudulent activity and how to use analytics to identify red flags
  • How to detect credit card fraud using decision trees and algorithms