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