Fraud Detection

About Fraud Detection

By performing a real-time, near-real-time, or batch analysis of user and other defined entity activity, fraud detection safeguards customer and enterprise information, assets, accounts, and transactions (such as kiosks).

Data analysis-based approaches are typically used in fraud detection. These methods may be generally divided into two categories: statistical data analysis methods and artificial intelligence or AI-based methods.

Fraud detection has gained immense popularity across the globe resulting in huge demand for certified professionals.

Why is Fraud Detection important?

Fraud detection stops corrupt people from conducting fictitious financial or other activities. It is a crucial component in monitoring fraud.

You can prevent thieves from taking personal data or loyalty points linked to your customers' accounts. Consequently, you give your customers a better experience.

Fraud detection certified professionals, executives and managers are in high demand in companies across the globe.

Who should take the Fraud Detection Exam?

• Finance and Accounting managers, senior executives, executives
  
• Compliance officers
• Risk managers
• Fraud managers
• Board members
• Those who want to learn about fraud detection

Knowledge and Skills required for the Fraud Detection

Candidates gain quick success in career of fraud detection if they have skills of critical thinking and good communication skills.

Fraud Detection Practice Exam Objectives

Fraud Detection exam focuses on assessing your skills and knowledge in finance and fraud management.

Fraud Detection Practice Exam Pre-requisite

There are no prerequisites for the Fraud Detection exam. Candidates who are well versed  in finance and fraud management can easily clear the exam.

Fraud Detection Certification Course Outline

1. Introduction to Fraud Management
2. Establishing a Fraud Prevention Program
3. Types of Fraud and Prevention Strategies
4. Operating a Fraud Prevention Program
5. Maintaining a Compliant Fraud Prevention Program
6. Define fraud and recognize its red flags
7. Understand common fraud typologies
8. Identify your exposure to fraud typologies via a risk-based assessment
9. Implement controls to prevent fraud

Exam Format and Information

Certification name – Certificate in Fraud Detection
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199