The full spectrum of fraud and misconduct risk management

Developing a robust defense to stop fraud before it starts. The most cost-effective approach.

Timing: Before an incident

• Fraud risk assessments: Identify fraud schemes that could affect the business and prioritize your unique vulnerabilities.
• Internal controls and testing: Evaluate your existing controls to create and validate strong deterrent processes.
• Anti-fraud training and awareness: Conduct tailored training to empower employees as the first line of defense.
• Third-party onboarding, due diligence and monitoring: Vet customers, partners and vendors to uncover hidden risks for potential fraud or corruption.
• Ethics and compliance program implementation: Establish a detailed code of conduct, a whistleblower program and secure channels for reporting.

Identifying suspicious activity in real time to minimize impact and enable a swift response.

Timing: Prior to or during suspicion of a potential incident

• Forensic data analytics: Actively search for anomalies, suspicious patterns and trends that may require further attention by leveraging existing company data.
• Initial review and triage of whistleblower allegations: Discreetly analyze allegations, determine who should oversee an investigation and route the information to the right parties for review.
• Proactive audits and reviews: Perform unannounced checks on perceived high-risk areas on a randomized, rotational basis.
• Digital forensic readiness: Determine whether the proper IT infrastructure and controls are in place to preserve critical digital evidence. 

Responding decisively to uncover facts, quantify losses and support recovery.

Timing: In response to a suspected incident

• Integrity due diligence: Perform background research utilizing public records and/or discrete source inquiries to develop an understanding of known related parties, associates or other information relevant to an investigation.
• Forensic accounting: Perform asset tracing using accounting and financial records to unravel complex financial schemes.
• Digital forensics and e-discovery: Collect digital information to assess potential financial accounting misstatements and help with investigation and litigation.
• Subject and witness interviews: Interview employees or other relevant individuals to gather evidence and assess potential inappropriate activity.
• Quantification of financial loss: Analyze historical and prospective financial activity to provide clear calculations for claims or litigation.
• Litigation support and expert witness testimony: Support and advise legal counsel and provide credible testimony to explain why losses occurred and why quantification is accurate.