Vincent Geffray

Every company is a target of fraud from increasingly sophisticated cyber attacks. Finance, particularly AP, is the primary target because you have access to the money. As a result, these attacks, typically in the form of vendor or executive impersonations, are often very costly with an average loss of $1.5M per incident. Join us to discover how fraudsters exploit vulnerabilities in payment processes and target Accounts Payable functions—and learn strategies to defend against these attacks effectively. This session will cover:

• Key vulnerabilities at each stage of the payment process.
• Why payment and AP fraud is a hard problem to solve.
• The tactics bad actors leverage to infiltrate your payments (e.g., deep fakes, impersonations)
• Strategies to fight back and protect your bottom line with behavioral AI & automation