Fraud & Forensic Conclave 2009



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Fraud & Forensic Conclave 2009

The Conference DVD is now available for Rs. 7000/- (within India) or USD 250/- (outside India) including taxes and shipping.

OVERVIEW

Frauds are not new for the corporate world. This is because by its very definition, even bribery or supplier kickbacks comprise fraud. Other type of frauds include accounting frauds (includes financial misconduct by top management), theft of intellectual property, data or information, counterfeiting etc. What is unfortunate is the fact that not many organizations seem to have a complete understanding of frauds that botch their balance sheets and cause financial injury even as they stand helpless in the wake of poor mechanisms to plug loopholes. Many a times an organization doesn't discloses the fraud as it outs the company's reputation at risk.

According to estimates, India is losing a whopping $40 bn per year because of corporate frauds, which is more than 4% of the country's gross domestic product. According to the KPMG India Fraud Survey Report 2008, India is perceived to be a fraud haven, with over 75% of the respondents to the survey considering fraud remaining undetected as their highest concern.

The dual impact of two concerns, unethical behavior of employees and inadequacy of anti-fraud measures, leads to an environment where both inclination and opportunity co-exist. 'This could mean that organisations in India that remain passive in their approach to deal with fraud may be a perfect breeding ground for fraud.

OBJECTIVE OF THE CONFERENCE

Fraud & Forensic Conclave 2009 is meant to serve the objective of knowing the trends in the market vis-à-vis their approach towards fraud as a menace in their organization. The main focus of the conference will be:

Existing fraud scenario in India
Fraud perception in the organizations
Factors increasing the risk of fraud
Impact of Credit Crunch on the fraud
Prevention, detection and investigation of frauds
Prevention and control mechanism for combating the fraud
Fraud remaining undetected becomes one of the biggest concern - inadequacy of antifraud measures, unethical behavior of employees
Fraud Risk Management-Internal Control Structure
The role of god corporate governance and ethics in avoiding fraud
Forensic Technology-Safeguarding the financial data- data analytics and data mining
HR due diligence

This conference is an important opportunity to share and widen your knowledge and to meet professionals who work in the fields of risk and credit management, auditing, internal and external fraud prevention, as well as e-money experts, legal representatives and data protection managers. The conference is open to financial institutions, businesses and utility companies who are interested in the issues related to fraud.

WHY MUST ATTEND?

Is it possible to monitor on-line fraud?
When and why is it appropriate to report a fraud?
How is the economic situation impacting on fraud?

If you are looking for the answer for questions like above this conference is the perfect place to be in. The conference is an important opportunity to share and widen your knowledge and to meet professionals who work in the fields of risk and credit management, auditing, internal and external fraud prevention, as well as e-money experts, legal representatives and data protection managers. The conference is open to financial institutions, businesses and utility companies who are interested in the issues related to fraud.

JOB TITLES:

CEO / CFO
Vice President
Executive Director
Deputy Director
Head of Division/Department:
Chief Internal Auditors

• Heads of Internal Audit
• Head of Compliance
• Head of Corporate Audit
• Head of Risk Management
• Head of Quality Management
• Head of External Auditors
• Head of Fraud Control
• Head of Internal Control
• Forensic Investigators
• Forensic Accountants
• Business Unit Managers
• Legal / Compliance Managers

CONFERENCE PROGRAMME:

DAY ONE-16th July 2009 (Workshop)

Time

Session

Topic

Faculty

9:00 AM

Registration

09:30 AM

Session 1

Vulnerability Assessment – Critical Link in the Network Security Process

M. S. Muthukrishnan
Principal Consultant
e-Security
Secure Matrix

12:00 PM

Networking Luncheon

01:00 PM

Session 2

IT Security Threats and Cyber Forensics Leading To a Secure Corporate Environment

Creating an awareness of IT security threats through constant monitoring and clear communication of potential security violations
Analysing new hostile trends that are emerging in our internet landscape
Applying cyber forensics pro-actively to create a more secure IT environment
Promoting access control though innovative measures to demotivate and prevent
Promoting access control though innovative measures to demotivate and prevent
Promoting access control though innovative measures to demotivate and prevent unauthorised personnel accessing confidential networks
Considering the threat Auditing has on your IT security system and information security in general

Captain Raghu Raman
CEO
Mahindra Special Services Group

3:30 PM

Coffee Break

4:00 PM

Session 3

Fraud Management – Using Technologies to Detect Fraud

Technology always acts as a problem and solution to fraud but will have its setbacks in combating fraud. At the same time it plays a key role in helping the organizations to fight the fraud. You really have to be updated on the new techniques and software to detect and monitor fraud in an organisation. This workshop will focus on the following key issues:

Regulatory perspective on fraud management
Framework standards and global best practices
Fraud health check
Handling fraud investigations
The changing InfoTech landscape
Computer Forensics

Navita Srikant
Partner & National Leader-Fraud Investigation & Dispute Services
Ernst & Young

Vineet Mehta
Manager-Forensic Technology & Discovery Services Ernst & Young

06:30 PM

Closing Remarks

DAY TWO-17th July 2009 (Conclave)

Time

Session

Topic

Faculty

9:00 AM

Registration

9:30 AM

Opening Remarks

Managing the Challenges of Card Fraud in an Economic Recession

Update on the latest fraud trends and international comparisons
The strategic challenges of identity fraud and data compromise
Lessons learned in deploying an effective cross-channel fraud prevention strategy
Effectiveness of fraud detection models – a comparative study

Howard E Glavin
Ex FBI & COO
GRC Solutions Inc.

10:00 AM

Session 1

Setting a Corporate Policy to Establish and Manage Fraud Prevention, Detection and Investigation and Resolution Practices

Policy scope – Fraud definitions, its extent pattern and causes
Warning signs – Fraud prevention measures and developing an anti-fraud culture
Responding to fraud – Incident reporting and escalation procedures
Corporate governance – Roles and responsibilities to prevent and manage incidents of fraud

G D Balasubramaniam Director – Fraud Risk Management
Fullerton India Credit Co Ltd

10:30 AM

Session 2

The Impact of Credit Crunch on the Fraudulent Transactions and How Best We Can Prevent It

Industry’s approach towards recession vis-a-vis fraudulent transaction
Its impact on the organization and the control techniques
Some practical examples/ cases on which the learning’s can be drawn

Navita Srikant
Partner & National Leader-Fraud Investigation & Dispute Services
Ernst & Young

11:00 AM

Tea and Coffee Break

11:30 AM

Session 3

Impact of Introducing New Guidelines In Terms Of Auditors Involvement in Fraud Prevention

Interlinking of information and stakeholder reports
Credibility of financial statements
Boards reaction on auditors playing a wider role on company affairs
Role of Related Party Transactions (RPT) in Monitoring Fraud

Dr. Sanjay Chougule
Senior General Manager- Internal Audit & Fraud Prevention
ICICI Bank

12:00 PM

Session 4

Financial Crime Management in BFSI strategy

Financial crime management -an important part of BSFI strategy in the current scenario
Compliance to AML regulation or an attempt to identify potential fraud and abuse of system
Process initiatives, hygiene factors, slippery areas and measurable benefits from automation for financial crime management

Jyotsna Ayyagari
Principal Consultant- Fraud Management Practice
3i Infotech Ltd

12:30 PM

Session 5

Putting the Pieces Together: How to Conduct an Effective Corporate Fraud Investigation

Understanding the issues and the investigation objectives and how to incorporate these
Tools that should be used for effective investigation
Identifying the red flags and interpreting them
Working with management, legal and compliance teams
Documentation and evidence gathering
Presentation of findings and preparing for litigation if required

Deepankar Sanwalka
Executive Director
KPMG

01:00 PM

Networking Lunch

02:00 PM

Session 6

Fraud Risk Management - The Role of Internal Auditor

Fraud risk - regulatory requirements
Role of internal auditor in fraud risk related controls
Meeting challenges in fraud risk management

Raj Kumar Kapoor
Director-Internal Audit Dr. Reddy's Laboratories Ltd

02:30 PM

Session 7

Compliance & Technology Landscape to Prevent and Detect Frauds

Ashit Dalal
Head - Risk, Governance and Compliance
IBM Global Services

03:00PM

Session 8

Retail Frauds and the Financial Circles

Organized Fraud syndicates into retail finance
Scope.
Current Trends
Modus Used
Current Controls.
Future possibilities

Pradeep Kumar
Head RCU
Tata Motor Finance

03:30PM

Tea and Coffee Break

04:00 PM

Session 9

The Links between Fraud and Money Laundering

Types of money laundering
Current trends in fraud
The interaction between fraud and money laundering
Are there similar trends in fraud and money laundering?
How the current "credit crunch" affects the approach to anti-fraud and anti-money laundering
Who should be responsible for anti-money laundering and anti-fraud compliance within an organisation

Huzeifa Unwala
Practice Director
Grant Thornton

04:30 PM

Session 10

Digital Forensics- Automated approach the future of digital forensics

Why digital forensics - Facilitates detection of unusual patterns of transactions, leakage of sensitive information, Anti money laundering
Automated approach the future of digital forensics - Use of highly sophisticated IT tool for comprehensive solution for financial pattern/transactional context analytics on real time basis and detection of strategic information leakage
Application for digital forensics in ERP

Shailesh Haribhakti
Executive Chairman
BDO Haribhakti

5:00 PM

PANEL DISCUSSION

Information Security Management and Governance

Information Security Measurements and Metrics
Information Security Management and Controls
Identity Management
Systemic Security Management Model
Security Architecture
Business Continuity Management

Howard E Glavin
Ex FBI Vice President- Professional Service
Risk Watch , USA

Anuj Bhargava
Director
Secure Matrix

Ashit Dalal
Head - Risk, Governance and Compliance
IBM Global Services

5:45 PM

Closing Remarks

*Disclaimer: T his is the proposed schedule which is subject to change and confirmation from all speakers as well as participants. Dickenson reserves the right to make modifications anytime before the event. Visit www.dickensonmedia.com for continuous programme and speaker updates.

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