To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Current trends in Technology Aided Fraud & Challenges presented by technology in combating Fraud
Theme: Strengthening Professional Resilience Against Technology-Aided Fraud
Date: 14th October 2025
Time: 4.00pm – 6.00pm
Venue: Virtual
Overview
The rapid evolution of digital technology has fundamentally reshaped the landscape of financial operations, offering greater efficiency, speed, and integration across systems. However, this transformation has also introduced sophisticated and evolving methods of fraud. Technology aided fraud has grown in complexity and scale often exploiting system vulnerabilities, human behavior, and jurisdictional gaps. Fraudsters are increasingly leveraging artificial intelligence, social engineering, malware, and blockchain platforms to commit crimes that are difficult to detect and mitigate using traditional control systems.
Notable fraud trends include cybercrime, phishing attacks, business email compromise, deepfake impersonations, synthetic identity fraud, and cryptocurrency-based scams. These schemes often operate across borders and take advantage of the anonymity and decentralization that technology offers. In addition, the misuse of legitimate digital tools such as encryption and instant payment systems can facilitate fraud when governance structures are weak or outdated. This has created an urgent need for more agile and robust approaches to fraud risk management.
On the other hand, technology also presents significant opportunities for combating fraud. Tools such as advanced data analytics, artificial intelligence, real-time transaction monitoring, and digital forensics can enhance detection, response, and prevention capabilities. However, organizations face major challenges, including rapid technological change, limited cybersecurity expertise, data privacy constraints, and a lack of coordination between stakeholders. These challenges can hinder the effective use of technology in fraud prevention efforts, especially in environments where regulatory frameworks have not kept pace with innovation.
To address these emerging risks and build capacity within the profession, ICPAK is conducting this training to enhance awareness and equip participants with the knowledge and practical tools needed to navigate technology-aided fraud. The training will cover the latest fraud trends, digital vulnerabilities, emerging prevention technologies, and strategic responses to strengthen institutional resilience. It aims to foster a proactive mindset and build technical competence among professionals to effectively mitigate the evolving threats posed by fraud in the digital era. The following key areas will be covered:
Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession, Internal and External Auditors, Consultants and Advisors
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
