It’s All About Identity – Case Studies Regarding Identity Management the Essential Nexxus of AML, Fraud, Privacy & Cyber Compliance

Speaker: Amy Mushahwar

Overview:  Legal and risk overview of identity management (including recent regulatory rulings and insurance requirements regarding multi-factor authentication).  Three breach case studies where identity mis-management created an opening for data breach and ultimately, fraud will be presented.  A practical list of questions to ask security, technology and fraud teams to test your company’s identity health will be provided.

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Lexis Nexis: AI for Financial Crime: Opportuity or Threat?

Speakers: Dr. Flavio Villanustre - Senior VP of technology and Chief Information Security Officer (CISO) for LexisNexis® Risk Solutions, also Tracy Manning -- Director of Financial Crime Compliance - United States and Canada

Overview: ChatGPT and other Large Language Models are quickly becoming a standard tool in many fields - and justifiably so, since they deliver on a significant number of promises. But like any other technology, when used improperly or unethically, these same AI models can be harmful - and even enable entirely new criminal enterprises. On the one hand, anti-financial crime professionals can leverage these models to sift through vast amounts of natural language data to develop algorithms to drive cost-saving automation. But on the other hand, bad actors can use the same models to improve their ability to perform identity theft, evade AML compliance checks, bypass security controls, and compromise the privacy of victims. To make things more complex, there have been calls for legislation to put a pause to AI and Large Language Model development to enable research into ethical aspects to “catch up”. But rather than mitigating ethical risks, this move may enable unethical bad actors to continue to advance their AI during this pause, leapfrogging lawful and compliant organizations who may stop innovating as they abide by the law. During this presentation, we will introduce the audience to the current state of the art in Large Language Models and explore their potential to be both an opportunity and a threat to financial crime prevention and compliance professionals.

Agenda

Presentations Start: 11:00 AM ET
Presentation Ends: 2:00 PM ET
Networking Hour: 11AM-12PM ET

Venue

Ansley Golf Club
196 Montgomery Ferry Dr. NE
Atlanta, GA 30309