The Wall Street Skinny

84. How to Rob a Bank: Inside Financial Fraud Red Teams


Listen Later

Send us a text

Financial fraud is something we hear about ALL the time.  It feels like there's a new headline about losses stemming from a hack at a financial institution constantly, and we've all seen shows like The Tinder Swindler where scams of individual consumers can have huge consequences. 

The problem with most fraud prevention?  It's backward-looking.  By the time you solve one problem, criminals have found a new way to steal your money.  We sat down with Greenway Solutions, a firm working to revolutionize the space not only for financial institutions, but also for their customers, via the use of "red teams".  These red teams can at times sound like complex spy operations --- yet at other times are deceptively simple in their approach.  We talk about the (terrifying!) magnitude of the financial fraud landscape, how it is changing in the face of AI and deepfakes, and some of the most surprising ways that fraudsters are staying ahead of conventional security measures. 

To learn more about Greenway Solutions, please visit their website here:  https://greenway-solutions.com

To connect with our podcast guests, you can find them on LinkedIn here:
https://www.linkedin.com/in/jerrytylman/
https://www.linkedin.com/in/pjs1969/
https://www.linkedin.com/in/katie-tylman-96b64720b/





For 20% off Deleteme, use the code TWSS or click the link HERE

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. (Learn more HERE)

...more
View all episodesView all episodes
Download on the App Store

The Wall Street SkinnyBy Kristen and Jen

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

215 ratings


More shows like The Wall Street Skinny

View all
Exchanges by Goldman Sachs

Exchanges

980 Listeners

Masters in Business by Bloomberg

Masters in Business

2,165 Listeners

Odd Lots by Bloomberg

Odd Lots

1,874 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

797 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,035 Listeners

Making Sense by J.P. Morgan

Making Sense

59 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,115 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,301 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

143 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

352 Listeners

FICC Focus by Bloomberg Intelligence

FICC Focus

30 Listeners

The Insight by Oaktree Capital by Oaktree Capital

The Insight by Oaktree Capital

21 Listeners

The Markets by Goldman Sachs

The Markets

77 Listeners

The View From Apollo by Apollo Global Management

The View From Apollo

24 Listeners

The Credit Edge by Bloomberg Intelligence by Bloomberg

The Credit Edge by Bloomberg Intelligence

25 Listeners