Financial institutions struggle with fraud-related incidents every year, causing billions in losses and reputation damage while restricting economic growth. This is further escalated by the rapid adoption of digital payments, the evolving financial operations framework, and the sophisticated threat types. This makes it crucial for financial institutions to leverage the myriad of benefits a certified […]
In this evolving digital landscape, organizations across the world are placing a lot of attention on cybersecurity. Cyber threats have become more refined, and hence, surpassing traditional IT defenses will require multi-faceted security measures. Aligning with this, there has been an increasing need for organizations to seek the services of Certified Fraud Examiners (CFEs). Here […]
Certified fraud examiners are specialists who are an invaluable asset to the financial services in corporate security units. Their specific skills and knowledge related to the detection, prevention and investigation of fraudulent behaviors are fundamental in upholding the integrity as well as safety of an organization. However, there are some trainings and certifications that a […]
Forensic Accounting is a Critical Skill for CFEs Given the increasing number of fraudulent incidents. Cyber, and white-collar crimes across the globe, forensic accounting is gaining prominence within organizations. Forensic accounting encompasses the practice of leveraging auditing and accounting to uncover fraud through strategized investigative techniques. In the wake of the number and intensity of […]
A certified fraud examiner is an expert in the areas of fraud detection, investigation, and mitigation. The world’s largest organization dedicated to investigating cases of fraud, ACFE (Association of Certified Fraud Examiners), grants the CFE certification to professionals who meet its eligibility criteria and abide by its code of conduct. CFEs are adept at transaction […]
Certified Fraud Examiners are Essential for Corporate Security The CFEs go through an intense regime of training and certification which acquaints them with the latest techniques and methodologies in addressing fraud. They engage in ongoing risk assessments aimed at unveiling potential weaknesses before employing strong anti-fraud controls in corporates. CFEs help develop and enforce policies […]
CFEs and Internal auditors work together to prevent and detect fraud CFEs focus on identifying fraud schemes, methods of conducting investigations into them as well as elements making up their illegality. The training given to CFEs enables them conduct comprehensive investigations, gather evidence needed for prosecution purposes and appear before courts when required. Their aim […]