Cyber Fraud Loss Cycle

Course Provider

School of Computer Science and Engineering (SCSE)

Certification

FlexiMasters

Academic Unit

1

Introduction

Payment card fraud remains a highly lucrative avenue for cybercriminals, attracting their relentless pursuit of illicit gains. Within the dynamic landscape of cyber fraud, the realm of payment cards is in a constant state of adaptation, continuously responding to emerging technologies and industry-imposed security measures. Notable examples of these security measures include the implementation of the Europay, Mastercard, and Visa (EMV) chip and the adoption of the 3D Secure (3DS) protocols, both of which are designed to bolster cardholder security.
This course serves as a valuable opportunity for current Information Technology (IT) professionals seeking to elevate their skill set and knowledge base. It is tailored to meet the specific needs of individuals aspiring to become experts in the fi elds of cyber and data governance, particularly within the banking and finance sector. Moreover, it extends its relevance to professionals operating in sectors that maintain e-business interactions with the banking and financial industry. By undertaking this course, learners gain the critical insights and proficiency required to navigate the intricacies of payment card fraud prevention and mitigation, thereby safeguarding their organisations and contributing to the broader security of the digital landscape.

 

This course is part of:

- Graduate Certificate in Cybersecurity and Digital Trust
- FlexiMasters in Cybersecurity and Digital Trust

Learners are encouraged to complete the following core courses before enrolling in the remaining courses:

  1. Foundations of Cybersecurity (1 AU)
  2. Basic Cybersecurity Risk Management (1 AU)
  3. Intermediate Cybersecurity Risk Management (1 AU)

 


Course Availability

  • Date(s): 18 to 25 May 2024

    Time: Live online sessions (timing to be confirmed later)

    Venue: NTU Virtual Learning Environment

    Registration is closed.

This course will cover all stages typically associated with cybercrime enabled payment card fraud. As end users, most cardholders are aware of the final  stages of the Fraud Loss Lifecycle—payment cards being used fraudulently, but many professionals are unaware of the myriad of steps that culminate in  the fraudulent activity. This course will provide a deep dive, focusing on the cyber missteps and vulnerabilities that allow this nefarious activity to occur.

At the end of the course, learners will be able to: 
  • List all the stages associated with cybercrime enabled payment card fraud. 
  • Describe the myriad of steps that culminate in the fraudulent activity. 
  • Evaluate cyber missteps and vulnerabilities that allow this nefarious activity to occur.

This course will cover all stages typically associated with cybercrime enabled payment card fraud. As end users, most cardholders are aware of the final  stages of the Fraud Loss Lifecycle—payment cards being used fraudulently, but many professionals are unaware of the myriad of steps that culminate in  the fraudulent activity. This course will provide a deep dive, focusing on the cyber missteps and vulnerabilities that allow this nefarious activity to occur.

This programme is suitable for cybersecurity analysts, information system auditors, law enforcement, security architects, system designers, and system administrator. Participants are expected to have basic knowledge in cybersecurity, cybersecurity risk management and cryptography before taking this module.

Learners are encouraged to complete the following core courses before enrolling in the remaining courses:

  1. Foundations of Cybersecurity (1 AU)
  2. Basic Cybersecurity Risk Management (1 AU)
  3. Intermediate Cybersecurity Risk Management (1 AU)


Standard Course Fee: S$2,180

SSG Funding Support

 Course fee

Course fee payable after SSG funding, if eligible under various schemes

 

BEFORE funding & GST

AFTER funding & 9% GST

Singapore Citizens (SCs) and Permanent Residents (PRs) (Up to 70% funding)

S$2,000.00

S$654.00

Enhanced Training Support for SMEs (ETSS)

S$254.00

SCs aged ≥ 40 years old
SkillsFuture Mid-career Enhanced Subsidy (MCES)
(Up to 90% funding)

  • Standard course fee is inclusive of GST.
  • NTU/NIE alumni may utilise their $1,600 Alumni Course Credits. Click here for more information.

 

Read more about funding

Melanie Gersten

Melanie Gersten is a Vice President of Cyber & Intelligence at Mastercard specializing in developing cybersecurity services with a focus on enhancing threat intelligence capabilities. She has over a decade of experience in fraud & cybersecurity including high profile global investigations. 


Rebecca Ledingham

Rebecca Ledingham is the global Vice President at Mastercard responsible for cybersecurity Cyber Threat Intelligence, Cyber Capacity Training and Building and Thought Leadership. Prior to joining MasterCard Rebecca was a Cyber Agent at the INTERPOL Global Complex for Innovation (IGCI). 


David Housman

David Housman specializes in developing cybersecurity solutions with a focus on cybercrime research and disrupting illicit schemes. He has contributed significantly to initiatives such as the Florida Center for Cybersecurity's innovation. He holds a Master's degree in Cybersecurity. 

 

COURSE TITLEACADEMIC UNIT
Foundations of Cybersecurity
1
Basic Cybersecurity Risk Management1
Intermediate Cybersecurity Risk Management1
Payment Flows
1
Cyber Fraud Loss Cycle
1
Mastercard Cybersecurity Tools1
Cybercriminal Profiling 1
Enterprise Cyber Risk Management 1
Insider Threat1
Corporate Security Structure1
Public-Private Sector Partnerships1
Intelligence Life Cycle1
Introduction to Cryptography1
Hardware Trojan Threats and Countermeasures 1
Hardware Security and Design for Trust1


    Listed courses are:

    • Credit-bearing and stackable to Graduate Certificate in Cybersecurity and Digital Trust (total 9 AUs) and FlexiMasters in Cybersecurity and Digital Trust (15 AUs)

    Learners are encouraged to complete the following core courses before enrolling in the remaining courses:

    1. Foundations of Cybersecurity (1 AU)
    2. Basic Cybersecurity Risk Management (1 AU)
    3. Intermediate Cybersecurity Risk Management (1 AU)