Course information

Fraud Analytics Training Course Outline

Module 1: Schematics of Fraud and Fraud Analytics

  • Introduction to Fraud Analytics
  • Mining the Field: Fraud Analytics in its New Phase
  • Using Fraud Analytics
  • What is Fraud Detection?
  • Fraud Analytics Refined         

Module 2: Evolution of Fraud Analytics

  • Why Use Fraud Analytics?
  • Evolution Continues
  • Fraud Prevention and Detection in Fraud Analytics
  • Incentives, Pressures, and Opportunities

Module 3: Analytical Process and the Fraud Analytical Approach

  • Turn the Analytical Wheel
  • Probabilities of Fraud and Where it All Begins
  • What Should the Fraud Analytics Process Look Like?
  • Data Analytics Exposed

Module 4: Fraud Analytics Vs Predictive Analytics

  • Fraud Analytics and Predictive Analytics
  • Comparing and Contrasting Methodologies
  • Steps Score Development Versus Fraud Analysis
  • CRISP-DM Vs Fraud Data Analysis
  • SAS/SEMMA Vs Fraud Data Analysis
  • Conflicts within Methodologies
  • Composite Methodology
  • Comparing and Contrasting Predictive Modelling and Data Analysis

Module 5: New Trends in Fraud Analytics and Tools

  • Many Faces of Fraud Analytics
  • Paper Chase is Over
  • To Be or Not to Be
  • Raytheon’s Visualinks
  • Fico Insurance Fraud Manager
  • Palantir Teach
  • Fiserv’s AML Manager

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Who should attend this Fraud Analytics Training Course?

This Fraud Analytics Training Course is ideal for professionals involved in the management, analysis, and protection of financial and operational data within an organisation. This course is particularly beneficial for the following professionals:

  • Cybersecurity Professionals
  • Financial Analysts
  • Risk Managers
  • IT Security Officers
  • Compliance Officers
  • Internal Auditors

Prerequisites of Fraud Analytics Training Course

There are no formal prerequisites to attend this Fraud Analytics Course.

Fraud Analytics Training Course Overview

Fraud Analytics is a crucial aspect of Cybersecurity Training, involving the use of data analysis tools to detect and prevent fraud in various sectors. Its relevance has skyrocketed with the digital transformation, making it indispensable for safeguarding financial integrity and sensitive information against cyber threats.

Understanding Fraud Analytics is paramount for professionals in cybersecurity, finance, and risk management fields. Mastering this subject through a comprehensive Cybersecurity Course is essential for those aiming to protect organisations from the increasingly sophisticated methods of fraud, thereby ensuring operational security and compliance with regulations.

The Knowledge Academy's 1-day Fraud Analytics Training empowers delegates with the latest tools and techniques in fraud detection. This intensive Cybersecurity Course is designed to provide practical skills and insights, enabling delegates to effectively combat fraud within their organisations and enhance their cybersecurity measures.

Course Objectives

  • To understand the fundamentals of fraud analytics within the cybersecurity framework
  • To learn to apply data analysis techniques to detect fraudulent activities
  • To gain insights into the latest fraud detection tools and software
  • To develop strategies for implementing effective fraud prevention measures
  • To enhance decision-making skills in cybersecurity and fraud prevention contexts

Upon completion of this training, delegates will have a robust understanding of fraud analytics, equipped with the skills to apply cutting-edge techniques for fraud detection and prevention. This knowledge will significantly contribute to their organisations' cybersecurity posture, ensuring they are well-prepared to tackle the challenges posed by cyber fraud.

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What’s Included in this Fraud Analytics Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Fraud Analytics Certificate
  • Digital Delegate Pack

Why choose us

Our Edmonton venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Edmonton is the capital city of the province of Alberta in Canada. It’s the second largest city in Alberta and the fifth in Canada, with a population of around 850,000 people. Edmonton is known as ‘Canada’s Festival City’ for the fact is hosts a large amount of festivals over the year. Edmonton is the centre of a number of large oil sands projects and diamond mining activities occurring in the northwest territories of Canada. There are two English school boards in Edmonton and one French school board which govern the public schools. There are also a large amount of private schools, not governed by any board, and many parents choose to home-school their children. Schools in Edmonton are funded by property taxes and a large number of provincial grants but also provide resources and support for those who home-school or are home-schooled. There are six universities in Edmonton; Concordia University College of Alberta, MacEwan University, The King's University College, NorQuest College, Northern Alberta Institute of Technology (NAIT) and the University of Alberta, providing a large amount of degrees and programs for students. The largest is the University of Alberta and educates up for 40,000 students on around 400 programs. The second in the MacEwan University which caters to around 40,000 students, 14,000 of these being full-time. This university provides degrees, diplomas and certificates in a wide number of programs. Miscellaneous educational institutions include Taylor University College and Seminary and the Yellowhead Tribal College, which is a First Nations college.

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Address

Intelligent Office
Scotia Place
Tower 1,
10060 Jasper Avenue
Suite 2020 (20th Floor)
Edmonton
Alberta
T5J 3R8

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Fraud Analytics Training Course in Edmonton. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Fraud Analytics Training Course in Edmonton, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Fraud Analytics Training Course in Edmonton FAQs

Fraud Analytics is the use of big data analysis tools to prevent online financial fraud.
Fraud Analytics assist an organisation to identify which techniques are most appropriate for their operations and which are not. It helps businesses to choose the best plan for them and increase their performance.
Sampling, Ad-Hoc, repetitive or continuous analysis, and analytics techniques are the methods of Fraud Analytics.
Identifying hidden patterns, data integration, enhancing existing efforts, improving the performance, and harnessing unstructured data are the benefits of Fraud Analytics.
During this training, you will cover various topics such as introduction to fraud analytics, the evolution of fraud analytics, why use fraud analytics, data analytics exposed, fraud analytics versus predictive analytics, data analytics exposed, etc.
This course is [ 1 ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Fraud Analytics Training Course certification in Edmonton starts from CAD2195
The Knowledge Academy is the Leading global training provider for Fraud Analytics Training Course.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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