Key Details

Duration: 1 Day

Available: In-House only

Overview

The objective of this one day workshop is to provide practical activity lists for compliance teams and an overview of the cybercrime threat. It is designed for strictly non-technical audiences in the financial services compliance sector.The workshop provides a broad brush illustration of how attackers intrude into firms, to steal data, block...

The objective of this one day workshop is to provide practical activity lists for compliance teams and an overview of the cybercrime threat. It is designed for strictly non-technical audiences in the financial services compliance sector.

The workshop provides a broad brush illustration of how attackers intrude into firms, to steal data, block services or commit financial frauds. The sessions are jargon-free and employ a large set of simple graphics, practical activities and real life examples.

Cybercrime is now a high priority on the regulatory and compliance agenda. Both boards and staff at all levels require a good grasp of the fundamentals, as cybercriminals are engaging in attacks on firms, data theft, fraud and cyber-enabled money laundering or market abuse.

Without a broad and current understanding of these threats, those responsible for compliance and control will struggle to protect their clients and their businesses in the cyber era.

Who is this for?

All Senior and Line Managers and Supervisors, MLROs, Deputy and Assistant MLROs, Internal Auditors, Compliance Officers and those involved in assuring the firm’s risk based approach to compliance.

  • Examining the most common attack techniques of relevance to financial services
  • Exploring the Internet and social media dimension
  • Assessing the risks and opportunities for enhanced CDD, KYC and PEP checks
  • Understanding the risks of cyber-enabled money laundering and terrorist funding
  • Understanding the impact of cybercrime on firms
  • Explaining the scope and nature of cyber security controls
  • Developing practical ideas for simple but effective compliance checks
  • Demonstrate a greater awareness of how emerging technologies are being exploited by criminals
  • Explain how criminals launch attacks and other exploits against regulated firms
  • Understand the common vulnerabilities that allow criminals to carry out their attacks
  • Understand the role of Compliance in protecting firms in the Cyber era