October 2023 In-Person Monthly Meeting
Date/Time
10/19/2023
11:00 AM - 1:00 PM Pacific
11:00 AM - 1:00 PM Pacific
Event Registration
Event Type(s)
Monthly Meeting
Event Description
Best Practices for Fraud Prevention
Location
Setting: In-Person
Washington Athletic Club
1325 6th Avenue
Seattle, WA 98101
UNITED STATES
click here for Google Maps
Washington Athletic Club
1325 6th Avenue
Seattle, WA 98101
UNITED STATES
click here for Google Maps
Details
Please join us for NWAFP’s October 19, 2023 in-person meeting at the Washington Athletic Club with our guest panelists John Bean, Vice President of PNC and Randy Pargman, Director of Threat Detection at Proofpoint for a discussion of Best Practices of Fraud Detection.
Business email compromise; Account takeover; Social engineering; Malware and Ransomware; Payroll diversion; Card compromise and the dark web; Internal fraud; these are the pervasive threats that all business and technology leaders must confront and defend against every day.
As emerging faster payment channels introduce 24/7 origination with irrevocable settlement in seconds, organizations confront both an increasing rate and sophistication of attacks. While expanding API connectivity is driving a migration from batch processing to real-time execution, the immediacy and finality of an increasing number of transaction sets amplifies potential risk. Increased use of mobile and web-based activity has introduced new threat vectors.
While there is no single silver bullet solution, building and maintaining a strong system of internal controls continues to represent the best line of defense. This session will review current fraud metrics, profile primary threats, and provide other relevant insights. Most importantly, it will share a template of best practice control elements for activities with vendors, employees, customers and other stakeholders.
About our panelists:
John Bean joined PNC in 2021 and is currently a member of the Treasury Solutions Group (TSG) within PNC Treasury Management. As a Treasury Solutions Advisor, John partners with Treasury Management Sales and various internal product development groups on complex Large Corporate and Middle Market opportunities addressing core Corporate Treasury functions. He takes a consultative approach when assisting clients to optimize working capital, develop innovative solutions to meet complex needs via diagnostics and support digital transformation journeys by providing technical product demonstrations to advise practical application and integration into a client’s organization and technology systems.
Prior to joining PNC, John was a Treasury Product Consultant at Wells Fargo where he educated both internal bank sales force and external clients as a subject matter expert for a wide spectrum of treasury products providing information necessary for clients to make informed decisions. He is regularly engaged to present to large and small audiences on topics ranging from imposter fraud prevention, cash processing, and international funds transfer, to online corporate banking and application programming interface (API), and real-time payments (RTP).
John graduated from Brigham Young University earning a B.A. in International Relations, Asian Studies, and Economics. He lives in the Portland, OR area, and enjoys traveling throughout the world. He has lived in Taiwan for two years and speaks Mandarin Chinese.
Randy Pargman is Director of Threat Detection at Proofpoint. In this role, he leads the teams that develop static and dynamic detection rules to identify threats, reverse engineer malware, and develop software features for the sandbox file analysis system. Pargman is enthusiastic about being on the leading edge of threat research and sharing the excitement of discovering new malware with the team. Joining Proofpoint in 2023, Pargman previously led Threat Hunting and Counterintelligence operations at Binary Defense for 3 ½ years, and served for 15 years with the FBI, culminating in being the Senior Computer Scientist in Field Operations with the Cyber Task Force in Seattle and the global response Cyber Action Team. Randy holds a Bachelor of Science in Computer Science and has also worked as a software engineer and as a 9-1-1 operator/dispatcher.
Business email compromise; Account takeover; Social engineering; Malware and Ransomware; Payroll diversion; Card compromise and the dark web; Internal fraud; these are the pervasive threats that all business and technology leaders must confront and defend against every day.
As emerging faster payment channels introduce 24/7 origination with irrevocable settlement in seconds, organizations confront both an increasing rate and sophistication of attacks. While expanding API connectivity is driving a migration from batch processing to real-time execution, the immediacy and finality of an increasing number of transaction sets amplifies potential risk. Increased use of mobile and web-based activity has introduced new threat vectors.
While there is no single silver bullet solution, building and maintaining a strong system of internal controls continues to represent the best line of defense. This session will review current fraud metrics, profile primary threats, and provide other relevant insights. Most importantly, it will share a template of best practice control elements for activities with vendors, employees, customers and other stakeholders.
About our panelists:
John Bean joined PNC in 2021 and is currently a member of the Treasury Solutions Group (TSG) within PNC Treasury Management. As a Treasury Solutions Advisor, John partners with Treasury Management Sales and various internal product development groups on complex Large Corporate and Middle Market opportunities addressing core Corporate Treasury functions. He takes a consultative approach when assisting clients to optimize working capital, develop innovative solutions to meet complex needs via diagnostics and support digital transformation journeys by providing technical product demonstrations to advise practical application and integration into a client’s organization and technology systems.
Prior to joining PNC, John was a Treasury Product Consultant at Wells Fargo where he educated both internal bank sales force and external clients as a subject matter expert for a wide spectrum of treasury products providing information necessary for clients to make informed decisions. He is regularly engaged to present to large and small audiences on topics ranging from imposter fraud prevention, cash processing, and international funds transfer, to online corporate banking and application programming interface (API), and real-time payments (RTP).
John graduated from Brigham Young University earning a B.A. in International Relations, Asian Studies, and Economics. He lives in the Portland, OR area, and enjoys traveling throughout the world. He has lived in Taiwan for two years and speaks Mandarin Chinese.
Randy Pargman is Director of Threat Detection at Proofpoint. In this role, he leads the teams that develop static and dynamic detection rules to identify threats, reverse engineer malware, and develop software features for the sandbox file analysis system. Pargman is enthusiastic about being on the leading edge of threat research and sharing the excitement of discovering new malware with the team. Joining Proofpoint in 2023, Pargman previously led Threat Hunting and Counterintelligence operations at Binary Defense for 3 ½ years, and served for 15 years with the FBI, culminating in being the Senior Computer Scientist in Field Operations with the Cyber Task Force in Seattle and the global response Cyber Action Team. Randy holds a Bachelor of Science in Computer Science and has also worked as a software engineer and as a 9-1-1 operator/dispatcher.
Outlook/vCalendar/Google
Click on the icon next to the date(s) to add to your calendar:
| 10/19/2023 |    |
Email Reminder