Inside the Fraud Lab

How can we encourage intel sharing between the private and public sector, while meeting regulations and protecting privacy? In this episode, Simon discusses reciprocity in intel-sharing with Jim Hitchcock, VP of Fraud Prevention at American Bankers Association. There Jim serves as the association’s primary expert on fraud mitigation activities and programs. The two also discuss the resurgence of low tech scams and social engineerin...

How can businesses discourage friendly fraud and what is a professional disputer? In this episode, Simon is joined by Michael Fox, who has significant experience in fraud detection in the financial industry, having worked for President’s Choice Financial, Capital One and Meridian Credit Union before moving to his current role at KOHO, a Neobank based in Canada. The two discuss the evolution of fraud and detection efforts, as well a...

What is insider risk, and how can it be detected? In this episode, Simon is joined by Dave Burroughs, a fraud and forensic investigations expert who spent 25 years in the FBI and continues to offer his expertise in fraud as a Partner at Stoneturn, a global professional services firm. They discuss all things insider risk: what it is, the motivations behind it, and the red flags to look out for.

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Key Quotes:

“Insider r...

How can businesses protect themselves against deepfakes? In this episode, Simon is joined by Ahron Geminder, Global Head of Digital Identity, Wealth & Personal Banking at HSBC, to discuss fraud detection and prevention in the banking industry. They dive into how AI is changing the landscape, the imminent challenges presented by deepfakes, and how to take a black mirror approach when thinking about potential issues. 

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Key...

How can companies balance the user experience with security? In this episode, Simon is joined by Vincent Guillevic, Director of Product Management and Head of The Fraud Lab at Onfido. They discuss the focus of The Fraud Lab and why it is needed, diving into the current fraud landscape and the future of fraud prevention. 

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Key Quotes:

“Everything that tends to make our life more secure tends to also have a higher fric...

Has there ever been an easier time to be a professional fraudster? In this episode, Simon is joined by Brittany Allen, Trust and Safety Architect at Sift to discuss the rise of the “fraud influencer” and “fraud-as-a-service”. They discuss fraud rings, task scams, and social engineering, then dive into Brittany’s undercover work on the deep and dark web and the impact of AI. 

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Key Quotes:

“There's also the side of it ...

Fraud is big business. In fact, it’s a professional industry. We’re talking trillions of dollars lost by businesses to fraud every year — an industry more profitable than the entire global illegal drug trade, combined. In the digital age, there are sophisticated threats around every corner. If you’re responsible for protecting your company from fraud, it can seem impossible to keep up. And that’s why we’re here to help.

On our show,...