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Technology 1 min read 25 views

Second Day of ACFE Fraud Conference Middle East 2019 Discusses Cybersecurity and Fraud Risk Management

Abu Dhabi, United Arab Emirates, 25 February 2019: A keynote address by Ian Yip, Chief Technology Officer, Asia-Pacific for McAfee - one of the world's largest security technology companies was a key highlight of the second day of the 2019 ACFE Fraud Conference Middle East, the three-day anti-fraud and corruption forum hosted by the Abu Dhabi Accountability Authority (ADAA).

Yips participation at the conference, which runs from February 24 to February 26, 2019 in Abu Dhabi, saw him deliver a presentation on data security risks, with his speech attracting hundreds of attendees who have gathered at the event to hear from international leaders in the sectors of cybersecurity, compliance, corporate governance and business ethics.

The accelerated digitisation of the world has made cybersecurity a mainstream issue whether people realise it or not. Increasingly, fraudulent activities will be perpetrated by criminals through the use of digital means and by exploiting security vulnerabilities. While the foundational aspects of preventing and investigating fraud will continue to be relevant, understanding the current and future state of cybersecurity adds another weapon to our arsenal in our fight against criminals who profit through fraudulent activities, said Yip.

With nearly 85,000 members in more than 180 countries, the Association of Certified Fraud Examiners (ACFE) is the worlds largest anti-fraud organisation. A premium provider of anti-fraud training and education, ACFE works to reduce business fraud worldwide and inspire public confidence in the integrity and objectivity of the counter-fraud profession. ACFE membership provides anti-fraud professionals with the knowledge and tools needed to help detect, deter and prevent fraud, specifically by providing qualifications through the administration of the CFE Examination.

ADAA plays a major role in Abu Dhabi governments commitment to combatting financial malpractice, promoting transparency and advocating for good governance. The emirate has introduced new financial examination and performance review methodologies for more than 250 government-owned entities and has taken a leading role in regulating the global audit market. Abu Dhabis success in fighting fraud led to it winning the Outstanding Contribution award in 2013 from the UKs Institute of Chartered Accountants.

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