Counter fraud advisory

Counter Fraud Advisory 

Building resilience against fraud, measuring and reducing its cost.

Accepting that fraud is an inevitable consequence of doing business allows you to treat it like any other cost that needs to be managed and reduced.

We can establish how much your organisation is losing to fraud, and help to reduce your losses.

Building resilience against fraud

Our Fraud Resilience Review assesses everything an organisation can do to protect itself against fraud and identifies the areas that need urgent attention. It measures:

  • how well an organisation understands the nature and cost of fraud affecting it
  • whether an organisation has an effective strategy to address the problem
  • whether an organisation has a counter fraud structure to implement its strategy
  • whether an organisation takes a range of pre-emptive and reactive actions to counter-fraud
  • the extent to which fraud is addressed and managed like any other business issue

We can help you set up and apply counter fraud good practice that will allows you to deal with individual instances of fraud, and pre-empt and minimise future fraud losses.

Measuring and reducing the cost of fraud

Fraud Loss Measurement is how we measure the actual financial cost of fraud.

The hidden nature of fraud, and the need for specialist investigative work to establish its nature and extent, means that it is often difficult to justify the necessary investment.

By measuring the true financial cost of fraud, you can quantify the cost and the benefits, and make an informed decision on the value of counter-fraud investment.

We have delivered projects that delivered reductions of up to 40% within a 12 month period, with around a 12-to-1 return on the cost of the work.

The Dark Web

Our latest report summarises research into the nature and extent of discussions on the Dark Web with the intent to attack and damage companies through fraud and cybercrime.

We quickly found discussions and attempts to market services and products intended to defraud or perpetrate cybercrime against 21 of the top 50 UK brands of 2017.

For ease of analysis, we split our findings against the top 50 UK brands into four key sector groups.

  • Banking and finance.
  • Telecommunications.
  • Retail and entertainment.
  • Energy and transport.

The full report gives detailed analysis of what we found and understand why the Dark Web is bad for business.

Download The Dark Web report [pdf]

Contact us

Jim Gee
Jim Gee
Partner, National Head of Forensic Services