Fraud Risk Management and Forensic Safeguards

Programme Overview

The occurrence of fraud has reached a colossal scale, making its identification, detection, and prevention more critical than ever. Fraud is a pervasive threat in today’s financial and operational landscape, encompassing both traditional financial fraud and advanced cyber fraud.

The five-day Management Development Programme on Fraud Risk Management and Forensic Safeguards: Mitigating Modern Threats in Financial Operations is designed to equip participants with the knowledge, tools, and skills required to effectively manage and mitigate fraud risks.

Jointly organized by the Administrative Staff College of India (ASCI) and the National Academy of Legal Studies and Research (NALSAR), the programme blends theory, practical exposure, and actionable insights. It provides a holistic understanding of fraud risk management across financial and cyber domains, balancing traditional prevention approaches with modern digital forensics and cybersecurity practices.

Key Features

Comprehensive coverage of the fraud risk management lifecycle including identification, assessment, mitigation, investigation, and recovery
Interactive lab sessions with hands-on exposure to advanced fraud detection and forensic tools
Use of OSINT frameworks, cybersecurity tools, and fraud analytics platforms
Real-world case studies covering insider fraud, cyber heists, and operational failures
Insights into legal and regulatory frameworks relevant to fraud and cybercrime
Simulation-based group project for practical fraud risk management application

Impact

Ability to recognize and address emerging fraud risks
Implementation of comprehensive fraud risk management frameworks
Effective use of digital forensic tools for fraud detection and investigation
Understanding of legal and regulatory implications of fraud cases
Development of actionable fraud response and reporting plans

Programme Content

Overview of Fraud Risk Management in Financial Operations
Risk Assessment and Fraud Detection Techniques
Building a Fraud Risk Management Framework
Forensic Accounting and Fraud Investigation
Investigative Procedures and Evidence Collection
Legal and Ethical Considerations in Forensic Investigations
Cyber Fraud and Modern Threats in Financial Operations
Use of AI and Machine Learning in Fraud Prevention
Anti-Fraud Technologies and Tools
Developing a Fraud-Resistant Organizational Culture
Future Trends in Fraud Risk Management

Participant Profile

The programme is intended for officials from central and state governments, executives from financial institutions, compliance officers, risk managers, audit professionals, and other stakeholders involved in fraud risk management. Organisational sponsorship is essential.

Venue

The programme is fully residential. Participants will be accommodated in air-conditioned single-occupancy rooms. The campus is comprehensively Wi-Fi enabled. Accommodation for family members is not provided.

Duration

5 Days – February 17 to 21, 2025. Participants are expected to arrive a day prior to the commencement of the programme and may leave after its conclusion.

Programme Fee

Residential Fee: Rs. 69,500/- plus GST (18%) per participant.
Non-Residential Fee: Rs. 59,500/- plus GST (18%) per participant.
A discount of 10% is applicable for three or more participants from the same organisation, subject to payment before February 14, 2025.

Medical Insurance

Participants must carry valid medical insurance. The sponsoring agency is required to endorse medical coverage in case of hospitalization.

Important Dates

Last Date for Nomination: February 03, 2025
Last Date for Withdrawal: February 10, 2025

ASCI Alumni Association

All participants automatically become members of the ASCI Alumni Association.

Certificate of Participation

A Certificate of Participation will be issued upon successful completion of the programme.

For Indian Participants

Bank Account Number	62090698675
Beneficiary Name	Administrative Staff College of India
IFSC Code	SBIN0020063
Bank Name	State Bank of India
Branch Address	Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082.

For Foreign Participants

Bank Account Number	62090698675
Beneficiary Name	Administrative Staff College of India
Swift Code	SBININBB327
Bank Name	State Bank of India
Branch Address	Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082.
Country	India

About ASCI

Administrative Staff College of India

Bella Vista, Raj Bhavan Road, Khairatabad, Hyderabad - 500 082, India.
Telefax (Programmes Office): 0091-40-23324365
Mobile: 9246203535, Phone: 0091-40-66534247
Fax: 0091-40-66534356

ASCI is the first Management Development Institution set up in the country at the instance of the Government of India and industry in 1956 to impart state-of-the-art management education for practicing managers, a legacy that we proudly take forward with a strong alumni of over 1,76,500. We are proud of our alumni which includes the leaders of Indian industry and senior Civil Servants in the government, public sector undertakings to be a part of this unique organisation. We are thankful to you all for the support extended in the past and look forward to your continuing patronage in 2025-26.

Also, ASCI conducts customized programmes for Government of India, State Governments, Public Sector, Private Sector and various international organisations. Our experienced faculty bring to the table a wealth of academic credentials, rich industry exposure and act as a catalyst in the classroom discussions, case study analyses and tutorials. Our faculty also conduct international programmes which provide an exposure to the global best practices. In addition to this, faculty at ASCI also carry out large number of management research activities (typically about 100 each year) which helps them provide the much needed value addition in the training programmes. In addition, we conduct non-residential programmes at our New Delhi Centre as well as off-campus programmes at the venue of the client’s choice.

College Park Campus

ASCI, Road No. 3, Banjara Hills,
Hyderabad - 500 034, Telangana, India

Phone: +91-40-66720700 / 01 / 02 / 05

Fax: +91-40-66720725

Delhi Campus

ASCI, C-24, Institutional Area, South of IIT,
Behind Qutub Hotel, New Delhi - 110016

Phone: +91-11-26962204, 26961750, 26961850

Fax: +91-11-26866097