At our next meeting on January 8th at 1pm, Simon Marchand, CFE and independent consultant, will present on Fighting Fraud with Biometrics.
Check your email for meeting details!
Fighting Fraud with Biometrics
Fraudsters run a business. They’re nimble, agile and creative, and their fraud toolkit never ceases to expand. From stolen credentials to synthetic identities, location and IP spoofing, VPNs built of thousands of infected devices, deepfakes and GenAI-powered tools, they have hundreds of ways to circumvent traditional fraud prevention strategies. Fraud-as-a-service platforms, coaching and mentoring services and comprehensive guides make it easier than ever for everyone to start attacking various organizations. And many of these methods don’t require technological knowledge to access, are now more accessible than ever, shared of forums or messaging apps, facilitating fraud for non-professionals and making it ever-so-difficult for fraud strategists to prevent many new attack types. With these rapid shifts in technology, it is essential fraud professionals understand the most recent technology available to them.
In this session, we’ll explore the new tools available to fraudsters, but also address the real risk GenAI and deepfake poses to our organizations before examining how biometrics technology is used today, and can be used to prevent fraud, investigate it, and facilitate collaboration with law enforcement.
Speaker Bio
Simon Marchand is an independent fraud consultant, expert in external fraud risk, identity and biometrics.
A Certified Fraud Examiner, and Chartered Administrator, Marchand has extensive expertise in fraud prevention, detection, security and authentication in the banking and telecom industries as well as the technology sector with more than 14 years of experience in the field. He held senior leadership positions at Vancouver-based GeoComply as VP of Product Management – Risk, then VP of Fraud & Risk Strategy, after a few years as Nuance’s (now Microsoft) Chief Fraud Prevention Officer and Director of Product Management for the Security & Biometrics division. Prior to these strategic roles in the technology industry, he held key fraud management positions at Montreal-based Laurentian Bank, at Bell Canada, and at Québec’s Order of Chartered Administrators, where he managed its professional inspection program.
As senior fraud expert and independent consultant, he helps design fraud prevention technology that disrupt criminal operations and facilitate fraud investigations for a variety of industries. He collaborates with organizations and associations from all over the world to help better understand current and upcoming fraud risks and design prevention strategies in collaboration with anti-fraud teams from various industries. He regularly shares his expertise in various conferences and with associations around the world and also regularly speaks on fraud risks and the ethical use of fraud prevention technology in the media.