Service – Fraud Risk Management

CSI’s Fraud Risk Management provides companies in the US and abroad with internal control safeguards needed to reduce the incidence and capital loss due to fraud. This is achieved by the following:

CSI Senior Forensic Investigators conduct scopic internal control and operational framework assessments to identify and assess systematic material risks. We identify methods to mitigate eliminate or outsource the risks. The assessment takes into account company specific characteristics such as company size, business model, system weaknesses, system strengths, capacity, company goals and the like.

Identify risks posed by: inadequate segregation of duties, lack of independent checks, recordkeeping system vulnerabilities and vulnerabilities in the system of authorizing and improving transactions and physical safeguards of assets and investments. Develop policies and procedures to prevent waste, fraud, and abuse and protect the security and integrity of confidential and proprietary information;

Strengthen physical security by recommending and/or providing appropriate alarm systems, electronic sensors, cameras, or other surveillance equipment.

Strengthen digital security through the integration of security software to monitor email traffic through the use of keyword triggers with adjustable alert parameters; create employees authorization codes in accord with clearance level; and incorporate software that produce digital fingerprint logs and records the authorization card used to access the file(s), the IP address of user and time of access. For companies that require more sophisticated digital security, we can have smart cards, token keys and biometric access systems.