Fraud Prevention in Treasury Operations
Governments should all be on heightened alert regarding fraud, especially the treasury office. Of particular concern are the sophisticated methods being used by external players including phishing scams, cyberattacks, and actions involving false vendor invoicing or banking information. Governments need to have strong prevention policies, procedures, and plans in place to identify and address fraud before it becomes a reality in the finance office. In this session, attendees will hear from experts in the field and fellow finance officers who have experienced instances of external fraud and cyberattacks about lessons-learned and discover appropriate tools to prevent and react to fraudulent schemes.