A training program aimed at equipping interested participants with the skills and knowledge necessary to detect and combat financial fraud. Participants will be trained in efficient and effective ways to address issues of this nature, enhancing the success of their work systems.

By the end of this course, participants will be able to:

       Have a good understanding of the reasons and motivators behind fraud.

       Understand the role of professional skepticism in fraud detection.

       Learn methods for fraud detection.

       Identify and monitor suspicious transaction indicators.

       Recognize common banking fraud schemes.

       Identify electronic banking service fraud techniques.

Course Curriculum

4 Lectures
Module 1 - Concept and Risks of Fraud
  • The concept, characteristics, and differences between banking cheating and fraud and the common venues for their commission.
  • Risks associated with banking fraud.
  • International and local efforts to combat banking fraud.
  • Indicators of banking fraud cases.
Module 2 - Means of Detecting Fraudulent Transactions
  • The fraud triangle and its signs.
  • Causes and sources of banking fraud and their consequences.
  • Security, confidentiality, and methods of protecting banking information.
  • Methods of protecting banking information (physical, technical, administrative).
Module 3 - Banking Fraud
  • Fraud on traditional banking products.
  • Introduction to electronic banking fraud.
Module 4 - Cyber Threats / Electronic Banking Fraud
  • Social engineering.
  • Hacking of the website and customer database.
  • ATM and credit card system hacking.
  • Online banking services breaches.
  • Cases of electronic financial fraud through online banking services.
  • Cases of electronic financial fraud on credit cards.
  • Cases of electronic financial fraud in companies under establishment.
  • Cases of electronic financial fraud in credit facility transactions.

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