CSC – Fraud Management Certification (CFMC)
Learn to Design, Build, and Operate Fraud Management Programs
Get Certified as an Expert in Preventing, Detecting, and Investigating Fraud and Abuse.
Course Information
Duration
Minimum of 40 Hours
Exam Time
2 Hours Exam
Course Type
Self Paced / Blended / Classroom
Structure
Curriculum
Day 1
- Fraud Management Part I – FR00101
- Fraud Management Part II – FR00102
- Fraud Management Part III – FR00103
Day 2
- Fraud Management Part IV – FR00104
- Fraud Management Part V – FR00105
- Fraud Management Part VI A – FR00106
Day 3
- Fraud Management Part VI B – FR00107
- Fraud Management Part VII – FR00108
- Fraud Management Part VIII – FR00109
Day 4
- Foreign Corrupt Practices Act (FCPA) Part I - Awareness - CO00301
- Foreign Corrupt Practices Act (FCPA) and UK Bribery Act 2010 Part II - CO00302
Day 5
- Foreign Corrupt Practices Act (FCPA) Part III – CO00303
- Anti-Money Laundering Awareness - CO00103
- Exam
Course Details
Fraud Management Part I – FR00101
The course includes cybersecurity and privacy knowledge test as users progress through the training. The training is designed to protect and preserve the confidentiality, integrity, and availability of information owned by or in the care of the corporation.
Fraud Management Part II – FR00102
The framework design is the key for organizations to move from their current state to their target state with the ability to identify gaps and prioritize gaps based on risk assessment.
Fraud Management Part III – FR00103
The course is designed to educate employees to understand how malware can infect your device, how you can avoid malware, and what action you need to take when you get infected by malware.
Fraud Management Part IV – FR00104
The course provides in-depth knowledge of risk management concepts and fundamentals. The course improves risk awareness, promotes an open risk culture, and inclusion of risk in the decision-making process.Risk is defined as the potential for loss or damage when a threat exploits a vulnerability.
Fraud Management Part V – FR00105
The course is designed to educate employees to understand how malware can infect your device, how you can avoid malware, and what action you need to take when you get infected by malware.
Fraud Management Part VI A – FR00106
The course is designed to educate employees to understand how malware can infect your device, how you can avoid malware, and what action you need to take when you get infected by malware.
Fraud Management Part VI B – FR00107
The course is designed for organizations that need to comply with the regulatory requirements, support phishing awareness campaigns, and educate employees about the impact of social engineering attacks, especially those having exposure to private data, financial data, and highly sensitive and confidential data.
Fraud Management Part VII – FR00108
Access control is an important security issue for businesses of all sizes. From the largest corporations employing specialized security controls to the salesperson on a service call opening their smartphone with a thumbprint, everyone encounters access control at some time during their workday.
Fraud Management Part VIII – FR00109
Access control is an important security issue for businesses of all sizes. From the largest corporations employing specialized security controls to the salesperson on a service call opening their smartphone with a thumbprint, everyone encounters access control at some time during their workday.
Foreign Corrupt Practices Act (FCPA) Part I - Awareness - CO00301
Incident management (IM) is a key component of any business resiliency program. The primary focus of IM is to restore normal operations and services as quickly as possible after an unforeseen event.
Foreign Corrupt Practices Act (FCPA) and UK Bribery Act 2010 Part II - CO00302
This course presents information on how employees can contribute to your organization's security. The course provides a comprehensive review of the knowledge required for understanding workplace security risks and actions that need to be taken by employees.
Foreign Corrupt Practices Act (FCPA) Part III – CO00303
This BCP and DR awareness course will provide every employee in the organization with basic knowledge about disasters, risks covered by DR, use cases, challenges, DR plans, etc.
Anti-Money Laundering Awareness - CO00103
Business Process Management (BPM) is a systematic approach to making an organization's processes more efficient and dynamic to meet the business's changing needs.
Exam
You have total 3 attempts for this exam.
This certification course will discuss the components of a comprehensive and effective fraud risk management program, including the elements of deterrence, detection, investigation, and remediation.
The course is designed to ensure employees understand the fraud risk assessment framework, how to execute fraud risk assessment, implement anti-fraud strategy, and features of the whistleblower program.
The risk of fraud is just one of the many types of risks to be managed by an organization; however, many risk management professionals tend to underestimate the role of fraud in the scope of their professional duties. The failure to properly manage this risk can bring catastrophic results. Building an effective fraud risk management program to combat organizational fraud requires a solid understanding of how and why fraud is perpetrated.
The U.S. Congress enacted the Foreign Corrupt Practices Act (FCPA) in 1977 in response to findings that companies had been making hundreds of millions of dollars of questionable payments to foreign government officials, politicians, and political parties. This CFMC training course explains the major principles of U.S. anti-corruption laws, persons subject to CFMC, implications, consequences, etc.
The report 2018 Report to the Nations on Occupational Fraud & Abuse states that organizations around the world lose an estimated 5% of their annual revenues to fraud, baes on the analysis of cases investigated between January 2016 and December 2017. The organization needs to create an organizational culture and structure conducive to fraud risk management.
If you are eager to become a digital defender and learn how to keep data safe from prying eyes, or if any of the below describe you, enrolling in these certification courses could help put you on the path to achieving your goals:
- You are a part of a company that has urgent fraud management needs to protect the confidentiality, availability, and integrity of data and software.
- You understand the growing need for fraud management professionals and want to become a part of making the computer network a safer space and compliant organization to avoid penalties.
- You are currently studying non-technical fields such as commerce, business administration, management courses, medical field, and science then you want to learn how to keep data secure such as corporate information, bank data, personal data, health data, accounts information, and learn hands-on skills to apply on the job.
- You are a compliance enthusiast looking to start your career in data privacy and internal audit and get your foot in the door in the world of fraud management.
Excel Your Career and Contribute to the Organization Growth
- Be equipped with the knowledge and skills required to prevent, detect, and investigate potential occupational fraud and abuse
- Expand your fraud control competency
- Increase your credibility by gaining international recognition
- Improve your résumé and help to increase your earning potential
- Identify fraud risks and the factors that influence them.
- Analyze existing risk management frameworks and their application to managing fraud risk.
- Develop and implement the necessary components of a successful fraud risk management program.
- Discuss the steps involved in developing a fraud risk management program.
- Establishing an anti-fraud culture and promoting fraud awareness throughout the organization.
- Discuss program components necessary to fully manage the risk of fraud.
- Promote fraud awareness to employees at all levels of the organization.
- Learn the elements of a fraud risk management program including the establishment of fraud risk governance policies.
- Understand why organizations should manage fraud risk and assign roles and responsibilities for elements of the program.
- Identify red flags related to a variety of occupational fraud schemes
- Learn tools and techniques to detect and investigate instances of fraud.
- Identify, assess and manage fraud risks from all sources and support fraud risk management initiatives.
- Identify the elements of a strong ethics & compliance program.
By the time you graduate, you can expect to be able to:
Various Job Oppoortunites are :
- Fraud & Risk Investigator
- Fraud Management Strategist
- Fraud Risk Assessor
- Fraud Analyst
- Fraud Risk Analyst
- Fraud Examiner
- Associate Fraud Analyst
- Fraud Risk Management
- Fraud Auditor
- Fraud Risk Officer
- Associate Fraud Analyst
- Fraud Risk Manager
- Fraud Operations Analyst
Eligibility :
If you are eager to become a digital defender and learn how to keep data safe from prying eyes, or if any of the below describe you, enrolling in this certification courses could help put you on the path to achieving your goals:
Take Exam
The candidate is eligible for CSC Council exam if he meets the Eligibility criteria listed below :
- Applicants who do not attend training must prove 1 year of work experience in the compliance area
- Applicants who are instructors, trainers, and PhDs shall also be eligible if they meet the above criteria.
- On the application, there is a section for the applicant to list a boss, supervisor, or department lead who will act as their verifier.
- If further information is requested from the applicant after the application is submitted and 90 days pass with no response from the applicant, the application will be automatically rejected, and a new form will have to be submitted.
- If application is not approved, the application fee of USD 100 will not be refunded.
- If the application is approved, then candidate must take exam in 15 working days
Apply Now
CSC – Fraud Management Certification (CFMC)
Fraud Management Certification (CFMC)
The course is designed to ensure employees understand the fraud risk assessment framework, how to execute fraud risk assessment, implement anti-fraud strategy, and features of the whistleblower program. The risk of fraud is just one of the many types of risks to be managed by an organization; however, many risk management professionals tend to underestimate the role of fraud in the scope of their professional duties. The failure to properly manage this risk can bring catastrophic results.
Material of CFMC
This CFMC training course explains the major principles of U.S. anti-corruption laws, persons subject to CFMC, implications, consequences, etc.
Building an effective fraud risk management program to combat organizational fraud requires a solid understanding of how and why fraud is perpetrated. This certification course will discuss the components of a comprehensive and effective fraud risk management program, including the elements of deterrence, detection, investigation, and remediation.
Price of the Course CFMC
Price: $ 750.00
The course is designed to pass on the extensive knowledge of the security, risk management, and oversight controls at a service organization relevant to security, availability, processing integrity confidentiality, privacy.
CFMC Course Details
In this extremely competing world of cloud and complex offerings, one faces unique security challenges on an almost day-to-day basis.
The course is designed to pass on the extensive knowledge of the security, risk management, and oversight controls at a service organization relevant to security, availability, processing integrity confidentiality, privacy.
CSC – Fraud Management Certification (CFMC)
Fraud Management Certification (CFMC)
The course is designed to ensure employees understand the fraud risk assessment framework, how to execute fraud risk assessment, implement anti-fraud strategy, and features of the whistleblower program. The risk of fraud is just one of the many types of risks to be managed by an organization; however, many risk management professionals tend to underestimate the role of fraud in the scope of their professional duties. The failure to properly manage this risk can bring catastrophic results.
Material of CFMC
This CFMC training course explains the major principles of U.S. anti-corruption laws, persons subject to CFMC, implications, consequences, etc.
Building an effective fraud risk management program to combat organizational fraud requires a solid understanding of how and why fraud is perpetrated. This certification course will discuss the components of a comprehensive and effective fraud risk management program, including the elements of deterrence, detection, investigation, and remediation.
Price of the Blended Course
Price: $ 900.00
The course is designed to pass on the extensive knowledge of the security, risk management, and oversight controls at a service organization relevant to security, availability, processing integrity confidentiality, privacy.
CFMC Course Details
In this extremely competing world of cloud and complex offerings, one faces unique security challenges on an almost day-to-day basis.
The course is designed to pass on the extensive knowledge of the security, risk management, and oversight controls at a service organization relevant to security, availability, processing integrity confidentiality, privacy.
Contact Us for Classroom Course Schedule
Disclaimer
CSC-Council reserves the right to impose additional restriction to comply with the policy.
Failure to act in accordance with this clause shall render the authorized training center in violation of their agreement with EC-Council.
CSC-Council reserves the right to revoke the certification of any person in breach of this requirement.