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ACA Compliance releases payment fraud risk assessment service

Source: ACA Compliance

ACA Compliance Group (“ACA”) announced today the availability of its new payment and fraud risk assessment (“PFRA”) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues.

The service is overseen by the ACA Aponix® division’s senior principal consultant Kamlesh Harry.

Before joining ACA, Kamlesh was an Executive Director at J.P.Morgan, where he led various teams across the firm’s technology, client support services, cybersecurity, and payment fraud functions for over 13 years. Amongst other key contributions, he was instrumental in developing controls for the EMEA Wholesale Banking payment platforms and accelerated the Cyber Security Education and Awareness program across their EMEA Corporate Investment Banking client base. Prior to J.P.Morgan, Kamlesh held positions within leading South African banks, overseeing regional technology, security and risk functions, successfully maintaining secure and stable business operating environments. He is a Certified Information Security Manager (“CSIM”) by ISACA .

Kamlesh is part of ACA’s team of highly experienced consultants, which includes specialists in payment fraud, cybersecurity, and technology risk from various industries, including investment management, banking, and healthcare. ACA’s PFRA offering includes reviews of clients’ existing systems, controls, workflows, third-party relationships, and technology dependencies to identify potentially exploitable vulnerabilities.

“ACA Aponix strongly believes that a team built with extensive knowledge of payment fraud and other cyber risks will provide our clients with a unique, well-rounded approach to risk management,” said James Tedman, Partner at ACA Aponix. “Kamlesh will be instrumental in developing our PFRA offering and serving as an invaluable resource to our clients in helping them assess and protect their firm against payment fraud.”

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