Fraud Management Practice Exam

About Fraud Management
Fraud can happen anywhere in the online business world. Regardless of whether you run a small e-commerce store or are the owner of a retail chain. Fast-paced technological development and e-commerce market growth are incentives for fraudsters for finding new methods of hacking the market.

Fraud Management supports the businesses affected by fraud events (such as Banks, Media and Telco), provides them with the tools required for the assessment, control and even prevention of these practices in order to limit and avoid money and image loss and leveraging the wealth of information provided.

Why is Fraud Management important?
Fraud prevention increases confidence in your organization.

Your demonstrated efforts to reduce the risks of fraud, both internally and externally, make you a better investment, business partner, insurance risk, and supplier. Controlling fraud risks should be an important part of it.

The importance of fraud prevention and risk management address
•    Risk of fraud.
•    Preventing fraud.
•    Fraud prevention solution.
•    Analyse fraud data to set better rules.
•    Monitor fraud in real-time.
•    Verifying digital identities.
•    Assigning transactions a risk score.
•    Chargeback management.

Who should take the Fraud Management Exam?
•    Risk, finance, accounting, fraud management professionals
•    Business owners
•    Entrepreneurs
•    Innovators
•    Anyone who wants to assess their Fraud Management skills
•    Risk, finance, accounting, fraud management managers and senior executives
•    Risk, finance, accounting, fraud management consultants
•    Professionals working in outsourced companies responsible for Fraud Management
•    Any professional with skills and knowledge on Fraud Management
•    Anyone interested in Fraud Management

Knowledge and Skills required for the Fraud Management

Specific skills are needed to excel in career of fraud management which includes analytical bent of mind and quick learning skills.

Fraud Management Practice Exam Objectives

Fraud Management exam assess you in concepts and application of fraud detection, investigation and prevention.

Fraud Management Practice Exam Pre-requisite

There are no prerequisites for the Fraud Management exam. Candidates who are well versed  in addressing fraud or financial crimes can easily clear the exam.

Fraud Management Certification Course Outline

1. Fraud Basics
2. Risk Management
3. Fraud Identification
4. Fraud prevention
5. Responding to a Fraud
6. Fraud Detection
7. Fraud Investigation

Exam Format and Information
Certification name – Fraud Management Certification
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