CONTENT
Module 1
Convergence of Cybersecurity & Financial Crime
Build a shared conceptual foundation on how cyber threats translate into financial crime risks affecting institutions, transactions and customer
The Digital Financial Crime Landscape
- Evolution of cyber-enabled financial crime
- Convergence of cybercrime, fraud and AML
- How cyber attacks translate into financial losses and customer impact
- Organised crime & digital ecosystems / Key attack vectors targeting financial institutions and clients
Cybersecurity & AI Fundamentals for Compliance Professionals
- CIA Triad in financial institutions
- Zero Trust, Defense in Depth & AI system security (conceptual level)
- Attack surfaces in banking, payment systems and customer interfaces
Threat Typologies in Financial Services
- Phishing & social engineering
- Business Email Compromise (BEC)
- Ransomware, automated attack tools & extortion
- Account takeover, identity manipulation and customer-target attacks
Mapping Cyber & AI Risks to Financial Crime Controls
- Control Overlaps (AML, IT Security and AI governance)
- AI risk management within compliance frameworks
- Gaps in protecting financial flows and customers
Module 2
Financial Crime in the Digital Ecosystem
Understand how criminals exploit digital infrastructures, payment systems and customer interactions.
Cybercrime Ecosystem
- Dark web markets
- Crime-as-a-Service
- Ransomware-as-a-Service
- Crypto-assets & laundering techniques
- Digital infrastructures and platforms as enablers of financial crime
Digital Payment Fraud & Transaction Risks
- SWIFT & cross-border payments
- SEPA / Faster Payments
- Account takeover & mule accounts
- End-to-end attack scenarios affecting customer transactions
- Sanctions evasion risks in cross-border payment flows
- Use of complex payment chains and intermediaries to obscure sanctioned entities
Case Study: CEO Fraud and Payment Manipulation
- Attack scenario and control failures
- Weaknesses in payment processes and escalation
- Financialcrime risks and transaction implications
- Lessons learned for prevention and detection
Module 3
AI-Driven Financial Crime Analytics
Strengthen detection and investigation capabilities across cyber and financial crime functions.
Monitoring Systems & Red Flags
- Transaction monitoring vs cyber monitoring
- SIEM, SOAR, UEBA (conceptual overview)
- Integrating AML & SOC insights for financial crime detection
Data Analytics & AI in Financial Crime Detection
- Machine learning in AML
- AI-driven fraud detection
- Deepfakes & synthetic identities
Digital Forensics for Compliance & Audit
- Evidence preservation
- Chain of custody
- Tracing financial flows in cyber-enabled crime scenarios
- Cooperation with law enforcement
Module 4
Compliance, Regulation & Cyber Governance
Align cyber-enabled financial crime risks with regulatory expectations and governance frameworks
Regulatory Frameworks
- GDPR & data breach obligations
- DORA & operational resilience
- Operational resilience and impact tolerances for critical financial services
- AMLD / FATF standards
- Supervisory expectations on managing cyber-enabled financial crime
Reporting Obligations & Cooperation with Authorities
- Suspicious Activity Reports (SARs)
- Data breach notifications
- Cross-border investigations
Governance & Control Frameworks
- Three Lines Model
- Roles & responsibilities
- Internal audit interface / ongoing monitoring
- cross-functional collaboration between Compliance, IT and Risk
- Limitation of siloed governance structures
- Integration of AML and cybersecurity controls
- Cybersecurity Culture, tone from the top & leadership KPIs
Module 5
Crisis Management & Strategic Integration
Manage incidents where cyber attacks lead to financial crime, customer impact and regulatory consequences
Incident Response Governance
- Integration of Compliance, IT & Legal
- Escalation frameworks
- Personal liability risks
- Business continuity & disaster recovery
Financial, Legal & Reputational Impact
- Cost implications
- Insurance & liability
- Impact on customers, transactions and financial integrity
- Stakeholder communication
Strategic Lessons & Integration Roadmap
- Aligning cyber & AML framework
- Maturity assessment
- Next steps for institutions
Exam
Final Exam
Certified Financial- and Cybercrime Specialist (CFaCS)
CONTENT
Module 1
Convergence of Cybersecurity & Financial Crime
Build a shared conceptual foundation on how cyber threats translate into financial crime risks affecting institutions, transactions and customer
The Digital Financial Crime Landscape
- Evolution of cyber-enabled financial crime
- Convergence of cybercrime, fraud and AML
- How cyber attacks translate into financial losses and customer impact
- Organised crime & digital ecosystems / Key attack vectors targeting financial institutions and clients
Cybersecurity & AI Fundamentals for Compliance Professionals
- CIA Triad in financial institutions
- Zero Trust, Defense in Depth & AI system security (conceptual level)
- Attack surfaces in banking, payment systems and customer interfaces
Threat Typologies in Financial Services
- Phishing & social engineering
- Business Email Compromise (BEC)
- Ransomware, automated attack tools & extortion
- Account takeover, identity manipulation and customer-target attacks
Mapping Cyber & AI Risks to Financial Crime Controls
- Control Overlaps (AML, IT Security and AI governance)
- AI risk management within compliance frameworks
- Gaps in protecting financial flows and customers
Module 2
Financial Crime in the Digital Ecosystem
Understand how criminals exploit digital infrastructures, payment systems and customer interactions.
Cybercrime Ecosystem
- Dark web markets
- Crime-as-a-Service
- Ransomware-as-a-Service
- Crypto-assets & laundering techniques
- Digital infrastructures and platforms as enablers of financial crime
Digital Payment Fraud & Transaction Risks
- SWIFT & cross-border payments
- SEPA / Faster Payments
- Account takeover & mule accounts
- End-to-end attack scenarios affecting customer transactions
- Sanctions evasion risks in cross-border payment flows
- Use of complex payment chains and intermediaries to obscure sanctioned entities
Case Study: CEO Fraud and Payment Manipulation
- Attack scenario and control failures
- Weaknesses in payment processes and escalation
- Financialcrime risks and transaction implications
- Lessons learned for prevention and detection
Module 3
AI-Driven Financial Crime Analytics
Strengthen detection and investigation capabilities across cyber and financial crime functions.
Monitoring Systems & Red Flags
- Transaction monitoring vs cyber monitoring
- SIEM, SOAR, UEBA (conceptual overview)
- Integrating AML & SOC insights for financial crime detection
Data Analytics & AI in Financial Crime Detection
- Machine learning in AML
- AI-driven fraud detection
- Deepfakes & synthetic identities
Digital Forensics for Compliance & Audit
- Evidence preservation
- Chain of custody
- Tracing financial flows in cyber-enabled crime scenarios
- Cooperation with law enforcement
Module 4
Compliance, Regulation & Cyber Governance
Align cyber-enabled financial crime risks with regulatory expectations and governance frameworks
Regulatory Frameworks
- GDPR & data breach obligations
- DORA & operational resilience
- Operational resilience and impact tolerances for critical financial services
- AMLD / FATF standards
- Supervisory expectations on managing cyber-enabled financial crime
Reporting Obligations & Cooperation with Authorities
- Suspicious Activity Reports (SARs)
- Data breach notifications
- Cross-border investigations
Governance & Control Frameworks
- Three Lines Model
- Roles & responsibilities
- Internal audit interface / ongoing monitoring
- cross-functional collaboration between Compliance, IT and Risk
- Limitation of siloed governance structures
- Integration of AML and cybersecurity controls
- Cybersecurity Culture, tone from the top & leadership KPIs
Module 5
Crisis Management & Strategic Integration
Manage incidents where cyber attacks lead to financial crime, customer impact and regulatory consequences
Incident Response Governance
- Integration of Compliance, IT & Legal
- Escalation frameworks
- Personal liability risks
- Business continuity & disaster recovery
Financial, Legal & Reputational Impact
- Cost implications
- Insurance & liability
- Impact on customers, transactions and financial integrity
- Stakeholder communication
Strategic Lessons & Integration Roadmap
- Aligning cyber & AML framework
- Maturity assessment
- Next steps for institutions
Exam
Final Exam
Certified Financial- and Cybercrime Specialist (CFaCS)
CONTENT
Module 1
Convergence of Cybersecurity & Financial Crime
Build a shared conceptual foundation on how cyber threats translate into financial crime risks affecting institutions, transactions and customer
The Digital Financial Crime Landscape
- Evolution of cyber-enabled financial crime
- Convergence of cybercrime, fraud and AML
- How cyber attacks translate into financial losses and customer impact
- Organised crime & digital ecosystems / Key attack vectors targeting financial institutions and clients
Cybersecurity & AI Fundamentals for Compliance Professionals
- CIA Triad in financial institutions
- Zero Trust, Defense in Depth & AI system security (conceptual level)
- Attack surfaces in banking, payment systems and customer interfaces
Threat Typologies in Financial Services
- Phishing & social engineering
- Business Email Compromise (BEC)
- Ransomware, automated attack tools & extortion
- Account takeover, identity manipulation and customer-target attacks
Mapping Cyber & AI Risks to Financial Crime Controls
- Control Overlaps (AML, IT Security and AI governance)
- AI risk management within compliance frameworks
- Gaps in protecting financial flows and customers
Module 2
Financial Crime in the Digital Ecosystem
Understand how criminals exploit digital infrastructures, payment systems and customer interactions.
Cybercrime Ecosystem
- Dark web markets
- Crime-as-a-Service
- Ransomware-as-a-Service
- Crypto-assets & laundering techniques
- Digital infrastructures and platforms as enablers of financial crime
Digital Payment Fraud & Transaction Risks
- SWIFT & cross-border payments
- SEPA / Faster Payments
- Account takeover & mule accounts
- End-to-end attack scenarios affecting customer transactions
- Sanctions evasion risks in cross-border payment flows
- Use of complex payment chains and intermediaries to obscure sanctioned entities
Case Study: CEO Fraud and Payment Manipulation
- Attack scenario and control failures
- Weaknesses in payment processes and escalation
- Financialcrime risks and transaction implications
- Lessons learned for prevention and detection
Module 3
AI-Driven Financial Crime Analytics
Strengthen detection and investigation capabilities across cyber and financial crime functions.
Monitoring Systems & Red Flags
- Transaction monitoring vs cyber monitoring
- SIEM, SOAR, UEBA (conceptual overview)
- Integrating AML & SOC insights for financial crime detection
Data Analytics & AI in Financial Crime Detection
- Machine learning in AML
- AI-driven fraud detection
- Deepfakes & synthetic identities
Digital Forensics for Compliance & Audit
- Evidence preservation
- Chain of custody
- Tracing financial flows in cyber-enabled crime scenarios
- Cooperation with law enforcement
Module 4
Compliance, Regulation & Cyber Governance
Align cyber-enabled financial crime risks with regulatory expectations and governance frameworks
Regulatory Frameworks
- GDPR & data breach obligations
- DORA & operational resilience
- Operational resilience and impact tolerances for critical financial services
- AMLD / FATF standards
- Supervisory expectations on managing cyber-enabled financial crime
Reporting Obligations & Cooperation with Authorities
- Suspicious Activity Reports (SARs)
- Data breach notifications
- Cross-border investigations
Governance & Control Frameworks
- Three Lines Model
- Roles & responsibilities
- Internal audit interface / ongoing monitoring
- cross-functional collaboration between Compliance, IT and Risk
- Limitation of siloed governance structures
- Integration of AML and cybersecurity controls
- Cybersecurity Culture, tone from the top & leadership KPIs
Module 5
Crisis Management & Strategic Integration
Manage incidents where cyber attacks lead to financial crime, customer impact and regulatory consequences
Incident Response Governance
- Integration of Compliance, IT & Legal
- Escalation frameworks
- Personal liability risks
- Business continuity & disaster recovery
Financial, Legal & Reputational Impact
- Cost implications
- Insurance & liability
- Impact on customers, transactions and financial integrity
- Stakeholder communication
Strategic Lessons & Integration Roadmap
- Aligning cyber & AML framework
- Maturity assessment
- Next steps for institutions
Exam
Final Exam
Certified Financial- and Cybercrime Specialist (CFaCS)
