Monitoring for and detecting elder financial abuse is an ever-increasing challenge in today’s digital environment. With an average loss of $34,000 per incident, having active and systematic detection procedures and processes can limit and in many cases prevent this kind of financial harm. SS&C’s experts, Martin Orbach and Shahyan Aly discuss best practices and tactics to identify and prevent financial abuse in accounts of senior and vulnerable investors.
You will learn:
- The definition, history, and evolution of ransomware
- Ransomware prevention and detection
- Responding to ransomware attacks
You will leave understanding how to take action and manage ransomware risk for the firm.