Fakes, Frauds, Scams Whos Winning?

Today’s buzz: Fraud. In criminal law, a fraud is an intentional deception made for personal gain of money or valuables, or to damage an individual. With all our sophisticated technology, surely we’re smarter than the bad guys-and-gals who steal money and identities, and cheat companies and the consumer. Are we? The experts speak. Prakash Santhana, Deloitte: “‘All I want for Christmas’: a cybercriminal’s wish list. Yes, even the naughty ones have a list!” Mike Kosonog, Deloitte: “How to counter frauds, fakes, and scams? Be secure, vigilant, resilient.” Vincent Walden, Ernst & Young: “Today’s fraud schemes are not about ‘cooking the books’. It’s about ‘greasing the payments’.” Michael Lortz, SAP: “Are you ready? No matter your industry, size of business, relationship with customers, partners and employees – you are subjected to fraud. It happens every day. It’s either, ‘What has already happened?” or ‘When will it happen?’” Join us for Fakes, Frauds, Scams: Who’s Winning?