FRM and Due Diligence

(Fraud Risk Management and Due Diligence)


Major fraud often hits the headlines as other organisations sit back and watch, telling themselves that ‘it couldn’t happen here.’ But the reality is that fraud can happen anywhere. While only a relative few major frauds are picked up, huge sums are lost by all kinds of businesses as a result of the high number of smaller frauds that are committed. Despite the serious risk that fraud presents to business, many organisations do not have formal systems and procedures in place to prevent, detect and respond to fraud. Unfortunately, many risk management professionals also tend to underestimate the role of fraud in the scope of their professional duties. While no system is completely fool proof, there are steps which can be taken to deter fraud and make it much less attractive to commit.

Management professional, who are trained to perform analysis of information and systems, can have a major role to play in the development and implementation of anti-fraud measures within organisations. A fraud risk assessment should be performed periodically to identify potential opportunities in processes and events in order to be mitigated. Security India identifies as well as guides management professionals in taking corrective actions against fraud in their organisation. Our scope of services include –

  • Fraud Risk Assessment
  • Investigations
  • Whistle Blower and Ethics Helpline
  • Forensics
  • Special Projects

Risk-based Due Diligence refers to the steps organizations need to identify and address actual or potential risks in order to prevent or mitigate adverse impacts associated with their activities or sourcing decisions. Security India facilitates organizations in choosing the right resources and helps them to detect and deter fraud and fraudulent practices, thereby providing organizations with a risk free environment to operate in. Our service includes –

  • Public Domain Checks
  • Company Filings
  • Business Intelligence and Source Enquiries
  • Directorship Interest Checks
  • Site Visits