go to this site The incidents of frauds in the financial service sector are increasing. The fraud prevention and the management’s function in the organisation to prevent fraud stated the prevention, detection and deterrence of fraud and the roles and responsibilities of the senior management in fraud prevention and management function.The challenge for banks is to develop comprehensive fraud risk management controls that will not only prevent frauds, but also detect them as soon as they occur and respond. Our Forensic Experts team has the experience and tools to assist in the design, implementation, and assessment of anti fraud programs and controls.
In the digitization age, the Banks are facing the major cyber fraud incidents where the recovery of the fund is too difficult where there is need to manage the fraud risk and it can be control through the advance forensic applications only. Bank IT network VAPT, or penetration testing, is an important task to be carried out by our forensic expert. This is because of the rise in hacking attempts irrespective of the industry type. Attacks can happen from internally or externally with no or little knowledge of the network