Dealing with the Aftermath of Fraud

Thursday, June 6, 2024, 2:00-3:15pm ET

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Despite all your best efforts, fraud has reared its ugly head at your credit union.  What now?

Even the best-run credit unions, which pay close attention to identifying and preventing fraudulent transactions, occasionally fall victim.  In the evolutionary battle between the ever-burgeoning varieties of fraud and the increasingly-complex methods of fraud detection and prevention, the fraudsters sometimes gain a temporary technological or emotional edge.  (It’s not all deposed Nigerian prince schemes any more.)  We generally know the consequences of fraud: financial loss, sometimes a hit to reputation, often a decline in employee morale.  In this session on Dealing with the Aftermath of Fraud, you’ll explore what happens the day after.  The aim is to use any fraud – or even a detected and unsuccessful attempt at fraud – as a learning experience to address specific risks and exposure to your particular credit union operations.

Key Takeaways

  • Use a fraud or near-fraud experience to key critical risk assessment and mitigation techniques to the specific kind of risks your credit union experiences
  • Create a post-fraud assessment and “lessons learned” team that avoids unnecessary recriminations and can make concrete recommendations
  • Implement damage limitation measures in addition to insuring against risks, including pinpointed employee training, established access channels to vet suspicious transactions, and more


Register Now

$295 Members | $395 Nonmembers
(Additional $50 for USB)
One registration gives your entire team access to the live webinar and on-demand recording until June 6, 2025
Go to the Online Training Center to access the webinar after purchase »

Who Should Attend

  • NCCOs
  • NCRMs
  • NCBSOs
  • Compliance, risk and BSA/fraud titles

Education Credits

  • NCRMs will receive 1.0 CEUs for participating in this webinar
  • NCCOs will receive 1.0 CEUs for participating in this webinar
  • NCBSOs will receive 1.0 CEUs for participating in this webinar

Presented By

John M. Bredehoft

Attorney, Kaufman & Canoles, P.C