Framework
Fraud Risk Framework™
Fraud typologies, controls and forensic indicators.
Overview
A fraud-risk management framework covering prevention, detection, response and lessons-learned — aligned to ACFE, ISO 37001 and Nigerian regulatory expectations.
Components
- Fraud Risk Register
- Control Library
- Whistleblowing
- Investigations Protocol
Governance Structure
- Audit Committee oversight
- Fraud Risk Officer
- Investigations team
- Internal Audit assurance
Methodology
01
Risk Assess
Identify schemes, taxonomy, register exposures.
02
Control
Map controls, whistleblowing, segregation of duties.
03
Detect
Deploy analytics, KRIs and anomaly monitoring.
04
Respond
Investigations, remediation and disclosure.
Maturity Levels (shared spine)
L1
Fragile
Investigations only after incidents.
L2
Functional
Documented preventive controls and whistleblowing.
L3
Disciplined
Analytics-led detection, fraud KRIs tracked.
L4
Strategic
Continuous monitoring, fraud culture embedded.
L5
Resilient
Predictive fraud analytics with board-level assurance.
Roadmap
0–30 daysAssess
- Fraud register live
- Top schemes identified
30–60 daysControl
- Controls mapped
- Whistleblowing relaunched
60–90 daysMonitor
- Analytics live
- First fraud KRI report
Deliverables
- Fraud Risk Toolkit
- Fraud Risk Register
- Whistleblowing Protocol
Knowledge Graph
Related across the Risk Centre
Across the ecosystem
Knowledge graph · 8 relations
scored by
operationalised by
ToolkitFraud Risk Toolkit™ResourceFraud Risk Assessment TemplateResourceAnti-Fraud Controls ChecklistResourceWhistleblowing Policy & ProcedureResourceFraud Investigation Playbook
prioritises (inverse)
IndustryPlaybookProfessional ServicesIndustryPlaybookPublic Sector