Establish a fraud risk management policy as part of organizational governance
Perform comprehensive fraud risk assessment
Establish a fraud reporting process and coordinated approach to investigation and corrective action
Monitor the fraud risk management process, report result and improve the process
Pre-level: Enable continuous monitoring of controls using technology; and/or Perform forensic data analytics of transactions periodically
Post-Level: Evaluate the current status and effectiveness of the organisation’s risk control environment .
Pre-level: Develop a fraud response plan to address cases of alleged or confirmed fraud and Investigate cases of alleged or confirmed fraud
Post-level: Detect potential gaps of fraud risk process controls in existing FRM framework and establish fraud risk profiles by analysis. Ranking of fraud risks (as high/ medium/ low) against existing anti-fraud controls.
Pre-level: Assist in the investigation of cases of alleged or confirmed fraud within the organization. Incorporate identified fraud risks and schemes into fraud risk management framework based on findings from investigation
Post-level: Recommend enhancement of existing controls or mitigating antifraud controls for implementation, based on ‘antifraud control’ gaps detected.
Fraud is followed with opportunity for the fraudsters and attacks weakness of the process . We will identify where you are vulnerable and how to take control.
Evaluate existing fraud risk management framework to detect potential gaps of antifraud controls.
Recommend enhancement or mitigating antifraud controls for implementation, based on gaps detected.
Develop a fraud response plan to address cases of alleged or confirmed fraud
Incorporate identified fraud risks and schemes into fraud risk management framework based on findings.
The perfect blend of domain expertise and technology