Fraud fighters have traditionally abstained from discussing live cases of fraud rings, not just to avoid falling awry to compliance issues but due to the fear of accidentally equipping fraudsters with the inside know-how. This, however, seems to have had the opposite effect, leaving businesses ill-prepared to understand the huge ramifications fraud rings have on the business bottom line and the necessity of implementing the right measures to protect their platform.

Sharing knowledge within the industry is important in bringing much-needed context to a potential threat, helping businesses implement up-to-date defenses. We are honored to be joined by:

• Bogdan Ursu, KYC and Fraud Team Leader, Casumo
• Juris Rieksts-Riekstiņš, Head of Risk, FairMoney

High-level fraudsters dedicate time and resources to analyzing weak spots in fraud defenses and circumventing customized protections set up by businesses to attain a higher bounty - a bounty that goes up when they make a smooth getaway! These groups qualify as masters of their 'craft' and are known to cause businesses substantial financial loss. 

With Fintech and iGaming considered high-risk environments, find out what actions you can take to minimize the risk of becoming a target. We’ll dissect fraud ring cases and provide guidance on how your fraud team can rise to the challenge and dismantle sophisticated attacks for good. 

Agenda:

• Backstories and intros
• From intuition to procedure
• Best practices & tools to use
• Measuring loss and ROI
• Different verticals & risks
• What makes a high-risk target