CFE, CII, FCIISCM, CATS, CCPS, CFAP
CFE, CII, FCIISCM, CATS, CCPS, CFAP
Associate Director - Forensic Investigations and Risk Management
Fraud and financial misconduct are an undeniable reality of the modern globalized business landscape. The average U.S. organization incurs an estimated 5 per cent loss to its annual revenue due to frauds. As a result, businesses are increasingly interested in fraud risk assessment and management to help protect the bottom line. Furthermore, regulators are increasingly demanding more active, global management of fraud risk.
In the wake of high-profile corporate scandals, and with new stringent laws and regulations, business executives are increasingly pushing for organization-wide policies, programs, and controls to address fraud and misconduct.
By leveraging our knowledge and in-house expertise of the fraud risk facing today’s enterprises, we can assist our clients with identifying the business areas prone or vulnerable to fraud and misconduct. We can also help clients assess and prioritize their fraud risks and attach meaningful anti-fraud actions that can help mitigate risks and enable effective and consistent fraud prevention.
Fraud in organizations is nothing new. Robbery and criminal activities in the business are as old as the business itself. But with the advancement in technology, there are even more chances of corruption. With the increase in fraud, your organization is exposed to considerable legal risk & loss of billions of dollars. Therefore, it is necessary to take action & protect your business. Need not worry we are here with the fraud investigation services to supervise everything from corporate investigations to ongoing due diligence.
We, at Netrika, follow a very unique and novel approach & methodology in examining the fraud, detecting its trail, and, ultimately identifying the red flags from where the fraud originated. Our highly competent team of professional investigators are equipped with the knowledge, tools, and experience to get results for our clients. Our corporate investigation team examines both internal and external risk factors while conducting an investigation. We look for all impacts of the work environment & then provide customized solutions, continuity between strategy and activity.
Rescue your business before fraud ends it. To obtain more information about our Fraud investigation services, you can contact us through calls, texts & email.
Our services can help risk and fraud risk assessment teams:
Netrika firmly believes that by assisting the entities in developing & establishing significant Fraud Risk Management Frameworks it can help mitigating most fraud risks and thefts.
It is essential to identify the vulnerabilities to protect your entity or your organization from all types of fraud. Our team of experts follows a sturdy Fraud Risk Assessment protocol that includes the following methods:
1. Fraud Risks Assessment and Identification
Netrika follows a protocol that its team of experts develops meticulously. They include the steps for fraud risk assessment regarding operations, transactions, and the respective organizations' overall business model, policies and processes adopted.
2. Estimation of Fraud Risk Level
Risk quantification is essential; thus, Netrika uses the impact matrix to quantify the risk levels in High, Medium and Low category connected to the respective organisations' risk exposures and map the control gaps to provide independent insights to the management.
3. Fraud Risk Mitigation
After identifying the fraud risks, we suggest the topmost fraud risk mitigation strategies based on the industry best practices and international standards.
4. Review and Surveillance of Fraud Risks
Netrika focuses on developing sustainable processes to combat Fraud Risk in the future through its extremely collaborative models and projects that promote the transfer of skills and knowledge to the organisation's team members.