BEST PRACTICE
BEST PRACTICE 4. Good practice principles for detecting and deterring fraud Chris Watson
Grant Thornton Australia Ltd Good practice principles for detecting and deterring fraud How much money are you losing in your business to fraud? At its most general level, fraud is an act of deception intended for personal gain or to cause a loss to another person or organisation. Fraud is reportedly one of the fastest growing crimes in Australia. According to the Australian Institute of Criminology, fraud is estimated to cost the Australian community more than $8.5 billion a year. The KPMG Fraud Barometer Report estimates the average fraud per case is $1.7 million. Which begs the question: What are you doing in your business to detect or deter fraud? Chris Watson is a senior investigator and computer forensic expert. He spent 12 years in the City of London Police where as a Detective in the crime scene investigation unit Chris was responsible for building the computer crime unit. As part of this unit Chris investigated a broad range of crimes covering fraud, blackmail, hacking and threats to kill.
Workshop Speaker Biography
Chris is a Senior Investigator within the Forensic Consulting Group and has over 20 years’ experience in investigations. Chris spent 12 years in the City of London Police where as a Detective in the crime scene investigation unit Chris was responsible for building the computer crime unit. As part of this unit Chris investigated a broad range of crimes covering fraud, blackmail, hacking and threats to kill. He worked closely with numerous Fraud investigation teams and the Dedicated Cheque and Plastic Credit Card Unit in London where he assisted in the investigation of major Frauds and a variety of cheque and credit card crimes. Since moving to Australia Chris has worked for both Big 4 and Mid Tier forensic practices. During this time he conducted investigations into numerous matters including the theft of Intellectual Property, Fraud, employee misconduct, Bribery and corruption and Sarbanes Oxley reviews.
He worked closely with numerous Fraud investigation teams and the Dedicated Cheque and Plastic Credit Card Unit in London where he assisted in the investigation of major Frauds and a variety of cheque and credit card crimes before moving to Australia. Attending this session you will learn about the key detection mechanisms to reduce the likelihood of fraud, fraud prevention strategies and best practice fraud detection principles in the workplace. Chris will also explain the fraudster profile as well as: • Fraud in a workplace context; • Triggers for fraud; • Types of fraud; and • Impacts of fraud.
Grant Thornton Australia Ltd Good practice principles for detecting and deterring fraud How much money are you losing in your business to fraud? At its most general level, fraud is an act of deception intended for personal gain or to cause a loss to another person or organisation. Fraud is reportedly one of the fastest growing crimes in Australia. According to the Australian Institute of Criminology, fraud is estimated to cost the Australian community more than $8.5 billion a year. The KPMG Fraud Barometer Report estimates the average fraud per case is $1.7 million. Which begs the question: What are you doing in your business to detect or deter fraud? Chris Watson is a senior investigator and computer forensic expert. He spent 12 years in the City of London Police where as a Detective in the crime scene investigation unit Chris was responsible for building the computer crime unit. As part of this unit Chris investigated a broad range of crimes covering fraud, blackmail, hacking and threats to kill.
Workshop Speaker Biography
Chris is a Senior Investigator within the Forensic Consulting Group and has over 20 years’ experience in investigations. Chris spent 12 years in the City of London Police where as a Detective in the crime scene investigation unit Chris was responsible for building the computer crime unit. As part of this unit Chris investigated a broad range of crimes covering fraud, blackmail, hacking and threats to kill. He worked closely with numerous Fraud investigation teams and the Dedicated Cheque and Plastic Credit Card Unit in London where he assisted in the investigation of major Frauds and a variety of cheque and credit card crimes. Since moving to Australia Chris has worked for both Big 4 and Mid Tier forensic practices. During this time he conducted investigations into numerous matters including the theft of Intellectual Property, Fraud, employee misconduct, Bribery and corruption and Sarbanes Oxley reviews.
He worked closely with numerous Fraud investigation teams and the Dedicated Cheque and Plastic Credit Card Unit in London where he assisted in the investigation of major Frauds and a variety of cheque and credit card crimes before moving to Australia. Attending this session you will learn about the key detection mechanisms to reduce the likelihood of fraud, fraud prevention strategies and best practice fraud detection principles in the workplace. Chris will also explain the fraudster profile as well as: • Fraud in a workplace context; • Triggers for fraud; • Types of fraud; and • Impacts of fraud.
