Value – 0 to 3 points added to your overall class grade point average.
This assignment is to be prepared in accordance with the Instructions for Written Case Assignments in the course Syllabus. However, this paper may be expanded, but not to exceed 4 double spaced pages with not less than a #11 font. Do not show your team letter on the cover sheet. You must show the course number and your name on the cover sheet as the author of this paper.
The following Webinar was presented buy CIT Bank and is being provided with their permission. Either click on the following link or copy and paste it in your browser. When you do so, you may be asked to allow an additional extension to be added to your browser in order to view/listen to the Webinar.
https://intercall.webex.com/intercall/ldr.php?RCID=f5b2c449b603edc47e51f3716b8567ab
The entire Webinar reviews the potential for fraud exposure to you or your company from either internal or external sources and offers several ways to identify and control this exposure. It addresses three main areas:
Fraud Prevention – From Inside the Company
Understanding & Preventing Cyber/Email Fraud
Exploring the Dark Web
Listen to Webinar and summarize the issues as well how to prevent them from impacting you or your employer. You can comment on the presentation as a whole or summarize the presentation and then delve further into one of the three areas mentioned above. In addition to what you learn here you are required to cite other source(s) on the topic as well. In addition, you are encouraged to include your own thoughts with supporting arguments and sources.
You can discuss the topics as you like but if you want some suggestions, here’s some items you might want to consider when you write your paper.
Fraud Prevention
Identify some simple internal control steps to combat check fraud.
Discuss Asset Misappropriation, how it comes about and how it could be prevented.
What’s the biggest vulnerability issue?
Fraud Warning Signs.
Positive Pay
Can you insure against employee fraud
ACH Debit Blocks & Filters
Understanding & Preventing Cyber/Email Fraud
What’s BEC, how does it work, how significant is BEC
What are the Best Practices to prevent BEC
What is Ransomware – what types, what are they and how do they work
With what is the Ransomware ransom usually asked to be paid
What areas are impacted by a Ransomware attack
How can you protect against Ransomware?
Exploring the Dark Web
What is the Dark Web
What is TOR
How do you get on the Dark Web (don’t try it)
What is “Fullz”
How much does 1,000 Bitcoin weigh?
Sample Solution