Part Three in a Three-Part Series on Risk Assessment, Transaction Monitoring and Hybrid Threat Finance. Learn More About Part 1 Here and Part 2 Here.
Full Series Complimentary for Members | Non-members $149 for the Full Series
Current AML detection rulesets don't begin to cover the dynamic way that different threat groups launder funds.
Our current rules and detection scenarios typically net false positive ratios of more than 90 percent. This is not only disruptive to our organizations, it is impractical, unsustainable and a drain on AML compliance staffing and resources.
In this session, we will introduce how to use the hybrid threat tactics, techniques and protocols (TTPs), topics discussed in the last webinar, to craft precision typologies, a critical tactic to help you understand why more precise rules are the missing piece of the puzzle in AML detection systems today.
Attendee learning goals:
- Learn how to reduce your false positives with better rules created using the Hybrid Threat Typologies.
- Better understand how hybrid threat red flags can look in an AML transaction monitoring system.
- Get a sense of the individual transaction DNA of organized criminal and terror groups.
This session is eligible for 1.5 CFCS credits.
About the presenter
Debra Geister, chief executive officer of Section2 Financial Intelligence Solutions, a risk mitigation and investigations consultancy, and former compliance officer and consultant for large banks
Debra Geister has spent nearly two decades in the banking compliance industry in both a vendor capacity and in a leadership role. In recent years she has helmed a top position at MetaBank as the Senior Vice President, leading the combined Fraud and BSA Unit. In this role she successfully built a team to lead the department out of a cease and desist order.