by Brian Weeks | Jan 22, 2024 | Other
When, and not if, a criminal group tries a new attack method on your company’s payment processes, what will happen? Will you be ready? Payment fraud can seem to be an overhyped threat until your company becomes a victim. An increasing number of companies are losing more money more frequently over time. This webinar will help you prepare your organization for the inevitable attacks. It will cover facts regarding the growth of payment fraud, considerations in investigating your organization’s particular vulnerabilities, and resources and up-to-date leading practices for shoring up defenses and protecting your payments.
by Brian Weeks | Jan 4, 2024 | Other
Maintaining adequate cash flow and protecting those flows from catastrophic risk are two thoughts that are constantly on the minds of treasury and finance professionals. While there are myriad risks in the world of cash management, an increasingly frequent and costly threat is that of payment fraud.
If banks aren’t providing the tools, services, and information around payments that their clients need, treasury and finance professionals will look elsewhere for them. This webinar will show how to win back mindshare and strengthen your position as a trusted advisor with your clients by speaking to them regularly and authoritatively about payment security.
• Get the truth about the growing threat for corporate cash managers.
• Learn the 3-step prescription to securing your payment processes.
• Learn how to talk to your clients about the latest threats and protection strategies around payment security.
• Gain access to resources and opportunities to strengthen your place as a trusted advisor in the minds of your clients.
by Brian Weeks | Aug 30, 2023 | Other
Criminals are after your data and money. Constantly. They are increasingly more sophisticated and automated, and our response must be strengthened. This includes each area of exposure: technology, processes, structure, and people. Your firewall needs to be updated, but your human firewall(s) also need to be kept current. Security training for each payment professional on each payment process is a crucial part of your defense. This session will:
• Explore what is happening with fraud.
• Report on how your peers are viewing the threat level of fraud.
• Educate your team on fraud attack methods and new approaches.
by Brian Weeks | May 22, 2023 | Replays, Webinars
A formal assessment of a company’s payment processes typically reveals 50-100% more payment processes than they believed they had. Every payment flow is a point of security exposure, and it is difficult to protect what you don’t know exists. This webinar will discuss the principles of a payment assessment, offering practical insights and leading practices for completing a thorough inventory, formally documenting it for institutional knowledge, assessing controls and types of payment flows, and examining your organization’s overall situation with regards to payments.
by Brian Weeks | Mar 23, 2023 | Replays, Webinars
In an organization, who is responsible for payments? Who is responsible for payment security? This session will explain why the treasurer is the superintendent of payments and payment security. Since treasurers are not the only ones with important responsibilities for payments and security across the organization, these responsibilities must be more formally defined and communicated.
One of the first responsibilities of treasury with regard to payments is to inventory all payment flows (originating system and payment type). This provides the foundation for assessing your payment processes. When companies take these inventories, they are usually surprised to find they have 50% to 100% more payment flows than they originally thought. This session will discuss the process of finding and inventorying all payment flows to understand the exposure points.
