Event Overview

Fraudsters now wield advanced tools enabling attacks that challenge even the most prepared organizations. Security leaders, in turn, are adopting cutting-edge defenses. The 2025 ISMG Fraud Prevention Summit addresses this pivotal moment, arming participants with strategies to outpace bold adversaries. Key topics include API security, digital identity, insider threats, credential stuffing and supply chain risks. Experts will share ways to disrupt the shadow economy of fraud-as-a-service and apply lessons from high-profile cases. Attendees will leave equipped to harness AI-driven analytics, bolster collaboration and strengthen defenses for emerging threats.

Speaker

Karen Boyer

SVP Financial Crimes, M&T Bank, CyberEdBoard Member

Speaker

Nisan Bangiev

Director, Fraud Risk Officer, Valley Bank

Speaker

David Pollino

Global Head of Fraud Prevention - Managing Director, Information Security, BNY, CyberEdBoard Member

Speaker

Daniel Alessandrino

Detective, Special Frauds Squad, TFO USSS - NYFO

Speaker

Juan Alberto Funes Carniago

Director, Fraud & Decisioning Products, Mastercard

Speaker

Steve Lenderman

Head of Fraud Prevention - North America, isolved, CyberEdBoard Member

2025 Speakers

Thought Leaders on Stage Leading Deep-Dive Discussions

Industry leaders from various sectors in the technology domain share their experience on how the role of chief technology officers (CTOs) has become indispensable across organizations. They discuss unique strategies and techniques applied in businesses, making technology an intrinsic part of their organizational DNA. Additionally, these thought leaders delve into how they have redefined leadership to enhance the organization’s resilience and share their insights on artificial intelligence, sustainability, and the future of internet.

Agenda

Given the ever-evolving nature of cybersecurity, the agenda will be continually updated to feature the most timely and relevant sessions.

Agenda

All Sessions

time icon11/05/2025 08:00 am to
09:00 am

Registration & Breakfast

time icon11/05/2025 09:00 am to
09:15 am

Opening Comments

time icon11/05/2025 09:15 am to
09:45 am

The Fraud Squad: Fireside Chat With NYPD Fraud Detective

New York City: There are 8.5 million people out there, and every one of them is a potential fraud victim.

This session tells the story of a New York Police Department detective whose mission is to protect those people and their businesses from fraud.


Join Detective Daniel Alessandrino of the NYPD Special Frauds Squad for this exclusive Q&A session where he will discuss:


  • Fraud trends and how they are exploiting our social media use;
  • The types of crimes he has solved and why time is so crucial to resolution;
  • How and when to work with law enforcement when you’ve been a victim of fraud.
speaker headshot

Daniel Alessandrino
Detective, Special Frauds Squad, TFO USSS - NYFO

time icon11/05/2025 09:45 am to
10:15 am

Bolstering Identity Verification Tactics Against Expanding Threats​

The rise of digital identity verification has revolutionized how financial institutions combat fraud, but it has also introduced new vulnerabilities.

Fraudsters are increasingly exploiting weak points in verification systems, such as synthetic identities and stolen credentials. This session examines how advancements in biometrics, AI and fraud modeling are reshaping identity verification to stay ahead of sophisticated financial crime tactics.

 

We’ll explore how to balance frictionless customer onboarding with robust security, examining the latest fraud prevention strategies that safeguard digital identities without sacrificing user experience.

 

Key Discussion Points:

 

  • Fraud Threats in Identity Verification: Understanding how synthetic identity fraud and credential theft are evolving in digital environments;
  • Innovations in Fraud Detection: Exploring how AI and biometric authentication improve fraud detection in real time;
  • Balancing Customer Experience and Security: Reducing onboarding friction while strengthening identity verification;
  • Adapting to Emerging Fraud Techniques: Preparing for the next wave of identity-related fraud and staying compliant with regulatory standards.

 

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Steve Lenderman
Head of Fraud Prevention, isolved, CyberEdBoard Member

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Nisan Bangiev
Director, Fraud Risk Officer, Valley Bank

time icon11/05/2025 10:15 am to
10:55 am

The New Online Supply Chain Fueling The Trillion-Dollar Fraud Industry

A trillion-dollar fraud economy is growing thanks to a supply chain of fake document providers.

They’re not in the dark web, but brazenly out in the open for any search engine to find.

These template farms sell everything from bank statements to death certificates, and some have moved up the value chain to sell pre-verified bank accounts. Join this talk to learn how this new supply chain operates, and how the combination of scale, AI, and data leaks are challenging fraud controls the world over.

time icon11/05/2025 10:55 am to
11:20 am

Networking & Exhibition Break

time icon11/05/2025 11:20 am to
11:50 am

The New Face of Fraud: How AI Is Rewriting Cyber Risk and Trust

Artificial Intelligence has redrawn the boundaries of trust. What once relied on the human eye or ear can now be forged with a few lines of code.

Voice and video deepfakes, hyper-personalized phishing, and synthetic identities are redefining cyber risk, turning deception into an industrial-scale business.


In this session, Amit Basu, CIO and CISO of International Seaways, will discuss how AI is transforming phishing, social engineering and financial fraud, and examine the erosion of traditional identity verification in a world where seeing and hearing are no longer believing. He will outline how organizations must rethink identity and access management strategies to defend against these evolving threats.


While AI-enabled attacks may ultimately be best countered by AI-powered defenses, most of those technologies remain experimental and are not yet ready for full deployment. Attendees will gain practical insights on how to act now to preserve trust by strengthening multi-factor authentication, deploying identity threat detection and hardening privileged access in a world where even reality can be faked.

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Amit Basu
Vice President, CIO & CISO, International Seaways

time icon11/05/2025 11:50 am to
12:20 pm

Fraud as a Service and the Rise of Cybercrime's Shadow Economy

Fraud as a service has evolved into a highly organized business model, offering cybercriminals access to tools like phishing kits, malware and stolen payment data.

By lowering the technical barriers, FaaS enables large-scale fraud operations that contributed to global financial losses of nearly $485.6 billion in 2023. In 2024, scam operations using Telegram bots to automate phishing and fraud highlight just how widespread and accessible these services have become, affecting industries from financial services to healthcare.

 

This session will explore the growth of FaaS and its impact on security across industries.

 

Experts will share insights into how these services operate, as well as actionable defenses to disrupt and prevent FaaS-driven attacks, including:

  • The business model behind FaaS and its role in enabling large-scale cyber fraud, including automation tools like Telegram bots;
  • Practical defense strategies to combat FaaS, focusing on early detection and prevention across key industries;
  • How threat intelligence can uncover FaaS operations and the tactics cybercriminals use to avoid detection;
  • Building cross-industry partnerships to share intelligence and improve defenses against FaaS attacks.
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Karen Boyer
SVP Financial Crimes, M&T Bank, CyberEdBoard Member

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Hiral Mehta
Partner, Mayer Brown LLP

time icon11/05/2025 12:20 pm to
12:50 pm

Insider Threats: Preventing Fraud From Within

Insider threats, whether caused by malicious actors or negligent employees, remain one of the most difficult challenges for organizations to manage.

With insider-driven data incidents increasing 28% in the past year alone, employees with privileged access remain a prime target for exploitation by external actors and, potentially, a direct source of fraud and data compromise. Whether it’s deliberate fraud or unintentional leaks, insider threats can lead to significant financial and reputational damage.


This session will explore the importance of maintaining an insider threat program and how organizations can better detect, prevent and respond to insider-driven fraud.


We will discuss:


  • Frameworks and Best Practices: Emphasizing structured development, risk-based approaches and continuous measurement to mature programs;
  • Culture and Awareness: Why a culture of awareness and early reporting is critical for detection and prevention;
  • Customization Over One-Size-Fits-All: How to tailor insider threat programs to one’s unique risk appetite, culture, workforce and regulatory environment.
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David Pollino
Founder, YourSecPro

time icon11/05/2025 12:50 pm to
01:50 pm

Lunch & Exhibition Break

time icon11/05/2025 01:50 pm to
02:20 pm

Data Breaches and Fraud: Reducing the Impact

With data breaches becoming more frequent and severe, organizations face the growing risk of financial fraud and identity theft in the aftermath.

This session focuses on practical strategies to minimize fraud risks after a breach, offering insights into how organizations can quickly mitigate the damage and protect affected individuals. From identity monitoring to rapid incident response, this session will cover the critical actions organizations must take to prevent fraud from compounding the impact of a breach.

 

Attendees will explore the latest best practices for post-breach fraud prevention, including how to secure compromised data, implement identity protection measures, and minimize the potential for further financial or reputational damage. Panelists will share real-world examples of organizations that successfully reduced fraud risks after data breaches, offering a road map for effective post-breach responses.

 

Key Discussion Points:

 

  • Effective post-breach fraud prevention strategies and identity protection;
  • Real-world examples of mitigating fraud risks after a major breach;
  • Best practices for breach response teams to address identity theft and financial fraud;
  • How to minimize reputational and financial damage in the wake of a breach.
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Matthew Homer Meade
Chair, Cybersecurity, Data Protection & Privacy Group, Eckert Seamans

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Ahmed Pasha
CISO, Nomura

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Juan Alberto Funes Carniago
Director, Fraud & Decisioning Products, Mastercard

time icon11/05/2025 02:20 pm to
02:50 pm

Protecting Against Automated Fraud and Credential Stuffing

Automated credential stuffing attacks are on the rise, and demand vigilance from organizations to safeguard their most sensitive account data.

The nearly 10 billion passwords compromised in the RockYou2024 leak is a stark example of how an ever-increasing supply of stolen credentials can enable high-volume, precision-driven attacks with minimal effort.

 

With leading companies in finance, retail and manufacturing all falling victim to credential stuffing attacks in the last year, no organization is immune to the financial and reputational damage they can inflict. This session will explore advanced defense strategies, the role of AI in stopping automated fraud, and the latest tools that organizations are deploying to stay ahead of attackers.

 

We’ll also examine how industries such as financial services, retail and healthcare are evolving their approach to combat these increasingly sophisticated attacks – integrating cutting-edge solutions to mitigate risks and secure their most valuable assets.

 

Key Discussion Points:


  • The latest trends in credential stuffing and how automation is reshaping fraud attacks across industries;
  • Advanced defense strategies, including AI-based anomaly detection and the limitations of traditional solutions like multifactor authentication;
  • Real-world insights on effective approaches to fraud prevention from across sectors;
  • Future trends in automated fraud and how to prepare your security stack for emerging challenges in 2026.
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Dan Galeon
Director, Head of Platforms Governance, Robinhood

time icon11/05/2025 02:50 pm to
03:10 pm

Networking & Exhibition Break

time icon11/05/2025 03:10 pm to
03:40 pm

Cross-Industry Fraud Intelligence Sharing: Building Collaborative Defenses​

As fraudsters continue to exploit vulnerabilities across various sectors, the need for a more unified defense against cyber fraud has never been greater. Regardless of industry, fraudsters benefit from a host of new resources to penetrate defenses and glean the data with the greatest leverage and financial return.

This session explores the importance of sharing fraud intelligence across industries to create a more robust and cohesive defense strategy. By learning from one another’s experiences and challenges, organizations can better protect themselves against evolving fraud schemes.

Participants will gain insights into the benefits and challenges of cross-industry collaboration, including the regulatory and privacy considerations that come with sharing sensitive threat intelligence.

 

The session will also examine successful examples of industries working together to combat fraud and how to implement similar strategies within their organizations.

 

Key Discussion Points:

 

  • Building cross-industry collaboration platforms to combat fraud;
  • Case studies of fraud tactics spreading across sectors;
  • Overcoming regulatory and privacy hurdles when sharing threat intelligence;
  • Practical steps for fostering intelligence sharing and improving defenses across industries.
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Fred Harris
Managing Director - Global Head of Cybersecurity & Technology Risk, Deutsche Bank, CyberEdBoard Member

time icon11/05/2025 03:40 pm to
04:10 pm

Fraud as a Business Risk: Communicating Risk and Building Resilience in the Age of AI

As fraud becomes increasingly sophisticated and technology-driven, organizations must move beyond treating it as a technical or compliance issue.

Fraud is a business risk – one that directly impacts growth, customer trust, and resilience. Generative AI, synthetic identities, and automated fraud networks are changing the game, targeting mid-sized and fast-growing businesses that often lack the same level of protection as large enterprises.


This panel brings together cybersecurity, fraud, and business leaders to explore how organizations can reframe fraud as a strategic risk, communicate its impact to boards and executives, and build a culture of shared accountability. Panelists will discuss how to align fraud prevention with business objectives, integrate it into governance and risk frameworks, and leverage technology to strengthen trust while enabling growth.

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Sean D. Mack
Managing Director, ISMG

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Steve Lenderman
Head of Fraud Prevention, isolved, CyberEdBoard Member

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Brennan Lodge
CISO, DeepTempo

time icon11/05/2025 04:10 pm to
04:15 pm

Closing Comments