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Secure360

How to Steal a Billion Dollars

Over the past two years, hackers have increasingly leveraged unsophisticated technologies and tools in attempts to convince companies and their staff to transfer well over a billion dollars to accounts within their control. These attacks have been dubbed ‘Business Email Compromise’ from the FBI and have resulted in attempted theft of funds exceeding $1.2 billion dollars. This presentation will outline the associated numbers tied to these attacks, details of how they work, real-world examples and key controls that can be implemented to protect a company’s assets.

Key learning points:
  • Business Email Compromise
  • Financial Fraud
  • Security Awareness and Internal Controls

About Derek Dahlen

Derek Dahlen is a Risk Manager and customer security advocate for a large financial services company with over ten years of experience in IT audit, fraud, information security and technology risk. Derek holds an undergraduate degree in Information Systems from the University of North Dakota. He is a certified information systems security professional and certified information systems auditor.

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Details

Tuesday May 17, 2016
11:00 AM - 12:00 PM
Room 13
Level: Basic
Focus: Cybersecurity

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