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 Mississauga 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.

Mississauga is the sixth largest city in Canada. It is in the south of the province of Ontario in the region of peel. The city is estimated to have a population of around 715,000 people. The rapid growth of this city is attributed to its proximity to Toronto. It was originally built as suburb of Toronto. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Mississauga is served by the Peel District School Board, which operates the secular English speaking public schools. There is also a school board that runs the local catholic schools and a board that runs the French speaking schools in the area, one for the secular French schools and one for the catholic French schools. There are a number of schools in the area that offer specialised programs. These include the French immersion schools such as Clarkson Secondary School and Streetsville Secondary School. There are three schools in the areas that off a Regional Arts Program and two that offer a specialist sci-tech program for students who are gifted in these areas. There is also two schools that offer support for those studying for the international baccalaureate plus numerous other programs. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Mississauga is home to one of the three campuses run by the University of Toronto. This university is ranked as the 34th best university in the world and is the second highest ranked Canadian university in the rankings. The campus was established in 1967 and is the universities second largest division. It is home to 12,000 students. They have 15 academic departments and pupils can choose from 148 programs to participate in from 89 areas of study. Students can study both undergraduate and graduate programs on this campus. This campus also has an excellent research environment that has helped the staff and researchers become internationally recognised for their work. The university includes Institutes for Management and Innovation, and Communication, Culture, Information and Technology.

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Address

Robert Speck 2
2 Robert Speck Parkway
Suite 750
Mississauga
Ontario
L4Z 1H8

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 Mississauga. 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 Mississauga, 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 Mississauga FAQs

Fraud Analytics is the process of using data analysis techniques to detect and prevent fraudulent activities. It involves analysing large datasets to identify suspicious patterns, anomalies, and trends that could indicate potential fraud within an organisation.
Fraud Analytics is crucial for businesses as it helps protect assets, reduce financial losses, and maintain customer trust. By identifying fraud early, businesses can mitigate risks and ensure compliance with regulations, ultimately saving costs and enhancing operational efficiency.
Common methods of Fraud Analytics include data mining, machine learning, statistical analysis, predictive modeling, and anomaly detection. These techniques help businesses uncover hidden fraud patterns and automate the detection process for faster, more accurate results.
This Fraud Analytics Training provides practical skills in detecting and preventing fraud using data-driven techniques. You’ll gain hands-on experience with advanced analytical tools, improve your decision-making, and enhance your ability to safeguard your business from fraudulent activities.
In this course, you'll learn the fundamentals of fraud detection, how to analyse data for fraudulent activities, and the best practices for implementing Fraud Analytics tools. The course also covers real-world case studies to provide you with practical, actionable insights.
The duration of our Fraud Analytics Online Course is 1 day.
The Fraud Analytics Certification aims to equip professionals with the knowledge and skills to identify and mitigate fraud in real-time. It empowers individuals to apply advanced analytics tools and methodologies to safeguard their organisation’s financial integrity.
There are no formal prerequisites for attending this course. However, a basic understanding of data analysis or business operations can be beneficial to help you fully grasp the concepts taught in the training.
The Fraud Analytics Course is designed for professionals of all levels. Whether you’re a beginner or have some experience in data analysis, the course provides clear, structured learning to help you master fraud detection techniques.
This course is ideal for Data Analysts, Business Intelligence Professionals, Financial Auditors, and anyone involved in Risk Management or Fraud Detection within their organisation. It’s also valuable for professionals looking to develop skills in fraud prevention.
Holding a Fraud Analytics Certification demonstrates your expertise in using data-driven techniques to detect and prevent fraud. It can boost your career prospects, showcasing your ability to protect businesses from financial threats and ensuring compliance with industry regulations.
This training includes expert-led sessions, hands-on workshops, case studies, and access to Fraud Analytics tools. You'll also receive comprehensive course materials and support to ensure you gain in-depth knowledge throughout the training.
Individuals working in finance, data analytics, risk management, compliance, and auditing roles will greatly benefit from this training. It’s especially important for those tasked with preventing financial fraud and maintaining regulatory compliance.
After completing the course, you can apply the skills learned to your current role or pursue further certifications to deepen your knowledge in fraud prevention. You’ll be ready to implement Fraud Analytics strategies in your organisation or seek advanced roles in fraud management.
Yes, we provide 24/7 support for our online Fraud Analytics Course to ensure that you have access to guidance whenever needed. Our support team is always available to assist with course queries and technical issues.
Taking this certification online offers flexibility and convenience, allowing you to learn at your own pace. The online format provides you with the same high-quality content, expert support, and certification as our in-person courses, but from the comfort of your own space.
Yes, we offer a self-paced option for this course, allowing you to study the material at a time and speed that suits your schedule. This flexibility ensures that you can balance your learning with other commitments.
Yes, The Knowledge Academy offers customised corporate training for businesses that want to upskill their teams in Fraud Analytics. We provide tailored solutions to meet your company’s specific needs and objectives.
If you’re having trouble accessing the course, please contact our dedicated support team via email or phone, and they will assist you promptly. We are here to ensure a seamless learning experience for all our delegates.
With this certification, you can pursue roles such as Fraud Analyst, Data Analyst, Risk Management Specialist, or Compliance Officer. These positions are highly sought after in industries that require strong fraud prevention and risk management expertise.
The training fees for Fraud Analytics Training Coursein Mississauga starts from CAD2195
The Knowledge Academy is the Leading global training provider for Fraud Analytics Training Course.
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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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