Mongolian fintech pioneer chooses ThirdEye to power its Australian compliance operations.
ThirdEye recently joined forces with Cosegic, Cifas, and Equiniti for a webinar bringing together four senior industry experts to explore the practical steps financial crime and compliance professionals can take to identify and manage insider threat.
Financial crime doesn’t always come from outside your organisation. Sometimes the threat is closer to home, and that makes it one of the most challenging risks to detect, prevent, and respond to effectively.
Managing risk across the colleague journey
Managing insider threat requires organisations to think carefully about the full colleague journey, from the moment someone joins to the day they leave. The session explores the practical steps financial crime and compliance professionals can take at every stage of the colleague journey, from strengthening onboarding checks to monitoring behaviour, managing the risks of departure and responding effectively when concerns arise.
Using existing systems to tackle insider threat
Perhaps the most important takeaway is this: most organisations already have what they need to tackle insider threat. The same transaction monitoring and screening systems used to detect external financial crime can be turned inward, giving compliance teams a practical and immediate route to stronger protection.
Why proactive insider threat prevention matters now
In the UK, the failure to prevent fraud offence means organisations without reasonable fraud prevention procedures can now face criminal liability. It is a significant regulatory moment, and one that sets the benchmark for what good fraud prevention looks like for financial institutions across Australia and New Zealand.
