IN THIS ISSUE
Contents
18 32 40
From the editor............................... 8
Where has your ACAMS Today been?....................... 9
Member spotlights......................... 10
A message from the executive vice president............ 12
Emerging“ market” trends............... 14
Recognizing the potential abuse of trafficked commodities.
Cybersecurity: Nation-state actors, encrypted cybercrimes and man-in-the-middle attacks........ 18
A look into the perplexing issue of cyberattacks that impact financial transactions.
Casinos should bet big on enhanced AML surveillance............ 28
How to enhance AML compliance programs in order to mitigate risks.
You have been hit with an enforcement action— Now what?................................... 32
The stages financial institutions go through when they have been hit with an enforcement action.
Bridging the gap between risk assessment and transaction monitoring.................................... 34
The key to effectively identify and monitor ML / TF risks.
The three building blocks of a centralized compliance system....... 38
Three main challenges when establishing a centralized compliance platform.
Chasing the money: Celebrating 25 years of Homeland Security Investigations El Dorado Task Force.................................... 40
Interviews about real-life investigative cases and the daily lives of the heroes of New York City.
Using data analytics to identify AML risk........................... 48
How big data and analytics can be leveraged to get a clear view of risk across the enterprise.
Deconstructing a fraudster.............. 50
Developing detective and preventive measures by understanding fraud risk and the mindset of a fraudster.
Confidential congratulations........... 54
The role financial institutions and law enforcement play in investigations.
6 ACAMS TODAY | SEPTEMBER – NOVEMBER 2017 | ACAMS. ORG | ACAMSTODAY. ORG