In today’s interconnected business landscape, third-party vendors, suppliers, and partners are essential—but they also introduce hidden risks. This session dives into the intersection of Third Party Risk Management (TPRM) and fraud prevention, revealing how seemingly trustworthy relationships can become gateways for misconduct.Using real-world cases, including executive-level fraud and vendor collusion, we’ll explore:<ul class="carina-rte-public-DraftStyleDefault-ul"><li>How fraud schemes are concealed within third-party networks</li><li>Red flags and detection strategies</li><li>The role of internal controls, audits, and data analytics</li><li>Practical steps to strengthen your TPRM framework</li></ul>Whether you&#39;re in audit, compliance, procurement, or leadership, this session will equip you with the tools to detect, deter, and defend against third-party fraud. Takeaways<ul class="carina-rte-public-DraftStyleDefault-ul"><li>Learn to recognize common fraud schemes in third-party relationships like vendor collusion and invoice manipulation</li><li>Learn to evaluate third-party risk management frameworks using case studies and to understand controls and audits</li><li>Apply strategies to enhance internal controls, due diligence, and promote accountability across vendors</li></ul>

On-Demand: Beyond the Contract: Unmasking Third Party Risk & Fraud