Training

Companies typically develop risk management training programs for their employees, customers and business partners to reduce risks, fraud losses, and comply with regulations.

Training programs aim to educate the target audience about specific risks, their responsibilities, company policies and procedures, regulatory compliance, and consequences of not following the established requirements and guidelines. Specific identity and access management training programs may be designed to address proper identification and authentication of individuals, privacy, or identity theft and fraud management techniques including fraud identification, detection and prevention, account monitoring, reporting, and fraud resolution.

Educating and training employees, customers and business partners is not only mandatory by various regulations, but also essential for protecting business assets and reducing losses. Effective training decisions are made as companies consider the target audience, training needs, and the best methods for presenting the information to meet company budget and time objectives.