As cyber threats, AI-enabled crimes, financial frauds, regulatory obligations, and complex technology risks continue to converge, corporates, BFSI institutions, FinTechs, PSUs, and other regulated entities are increasingly finding they need a more integrated approach to Cyber Risk Management (CRM) and Fraud Risk Management (FRM), rather than handling these as separate, siloed problems.
Prof. Triveni Singh (Ex-IPS), a Cyber Threat and Fraud Risk Expert and strategic advisory consultant, is now offering CRM as a Service and FRM as a Service for organisations seeking specialised support across advisory, investigation, compliance, cyber resilience, fraud prevention, and capacity-building. The proposition brings together these two offerings under one trusted advisor, with the objective of strengthening enterprise resilience, securing trust, and enabling sustainable growth.
Cyber Risk Management (CRM) as a Service
The CRM offering focuses on AI-powered cybersecurity, proactive protection, informed decision-making, and business resilience, structured across several key areas.
It begins with risk identification, involving asset and threat landscape analysis along with business impact assessment, helping organisations understand their critical assets, emerging threats, and potential consequences to operations. This is followed by risk assessment and analysis, covering vulnerability assessment, likelihood and impact evaluation, and both inherent and residual risk scoring, giving management a clear basis for prioritising risks by potential business impact.
The service then moves into risk treatment and control, involving control design and implementation, security architecture review, and policy and procedure development, providing a structured approach to reducing identified cyber risks. This is supported by continuous monitoring and detection, threat intelligence integration, and attack surface monitoring, along with dedicated incident response support, including readiness playbooks, response guidance, and post-incident review.
On the compliance front, the CRM offering assists organisations with implementation and compliance relating to ISO 27001, the NIST Cybersecurity Framework, ISO 42001 AIMS (AI Management System), DPDP Act compliance, and GDPR compliance, helping integrate cybersecurity, privacy, and responsible AI governance into a single enterprise risk framework.
For organisations needing ongoing support, managed security services are also available, including 24×7 SOC monitoring, virtual CISO (vCISO) leadership for organisations that need senior cybersecurity direction without a full-time hire, and virtual DPO (vDPO) support for data privacy compliance. There's also dedicated cyber attack response capability covering ransomware investigation, breach containment, and digital forensics and recovery, with the goal of understanding an attack's origin, impact, and modus operandi while preserving evidence and reducing the chance of recurrence.
Rounding out the CRM offering is audit and remediation support, including cybersecurity audits, gap analysis, and control validation and testing, with deliverables that can include a Cyber Risk Register, Risk Dashboard, Control Framework, Assurance Reports, and a Remediation Plan, depending on the scope of engagement.
FRM as a Service — Fraud Risk Management
The FRM offering provides AI-driven fraud intelligence, stronger governance, and sustainable value, with a particular focus on emerging technology-enabled frauds and complex investigations.
It starts with fraud risk assessment and analysis across enterprise processes, digital channels, and third-party relationships, helping organisations identify where fraud can originate and what consequences might follow. This is paired with an Early Warning Signs (EWS) and red flags framework, covering real-time alerts, anomaly detection, and red-flag monitoring, watching for indicators like unusual transaction patterns, dormant account reactivation, sudden changes in vendor details, or unexplained system access changes, alongside red flags such as identity theft, account takeover, mule accounts, phishing and vishing, fake loan scams, and policy bypass gaps.
A major focus area is AI-enabled cybercrimes and emerging frauds, including deepfake crimes, synthetic identity fraud, FinTech and digital payment frauds, and social engineering-based digital arrest scams, recognising that AI is reshaping both legitimate business and criminal ecosystems simultaneously.
The offering also extends to complex international financial crimes, including cross-border fraud investigation, trade-based money laundering, shell company and layering schemes, and crypto-asset misuse, along with dedicated support for AML, terror financing, tax evasion, and money laundering investigation, particularly relevant for organisations navigating increasingly complex financial transactions and regulatory scrutiny.
On the investigative side, the service includes DFIR, fraud investigation, and forensics capabilities, digital forensics and incident response, computer and mobile forensics, and forensic audits of systems and transactions, combining investigative understanding with digital and financial evidence analysis. It also offers coordination support with police, law enforcement agencies, and regulators, including the ED, CBI, and SFIO, along with evidence support, case-building assistance, and legal process support, drawing on Prof. Singh's own policing and cybercrime investigation background.
Further components include legal advisory and compliance support, insider fraud detection and background checks covering employee, vendor, and partner due diligence, and fraud awareness and capacity building programmes based on I4C and MHA guidelines, customisable for boards, executives, compliance teams, and employees alike. The FRM engagement also supports broader governance, risk, and compliance needs, including fraud risk governance frameworks and board-level reporting.
For banks and financial institutions specifically, the FRM portfolio includes NPA Fraud Audit support, examining potentially fraudulent conduct associated with stressed and non-performing accounts, complementing forensic audit, transaction analysis, and regulatory reporting.
Built Around Regulatory Requirements
The offering explicitly recognises that fraud risk management cannot operate independently of regulatory expectations, covering requirements under RBI (Fraud Risk Management, Cyber Security Framework, Outsourcing Guidelines, Digital Payment Security), IRDAI (Information Security, Fraud Risk Management, Business Continuity), SEBI (Cyber Security and Resilience Framework, Investor Protection), and NABARD (Information Security and Cyber Security for banks and rural financial entities), along with alignment to CERT-In and NCIIPC guidelines for organisations connected to critical infrastructure.
Organisations can also conduct customised Tabletop Exercises and Fraud/Cyber Crisis Drills covering scenarios like ransomware attacks, digital identity fraud, insider threats, AML schemes, cross-border financial crime, cryptocurrency fraud, and NPA/loan fraud, allowing boards and operational teams to test their preparedness before an actual crisis hits.
Who This Is Designed For
The integrated CRM and FRM offerings are designed for a wide range of organisations, including banks, NBFCs and FinTechs, insurance companies, PSUs and government enterprises, stock exchanges and market intermediaries, payment service providers, and large corporates.
Why Engage Prof. Triveni Singh
As an Ex-IPS Officer, Prof. Singh brings decades of leadership experience in law enforcement, investigations, and national security. As a Cyber Threat and FRM expert, his work combines a deep understanding of cyber threats, fraud, and emerging risks in the AI age. And as a strategic advisory consultant, he bridges technology, risk, governance, and business objectives, helping organisations approach cyber and fraud risk as enterprise-level challenges rather than isolated technical problems.
The engagement is designed to stay practical and action-oriented, with solutions tailored to each organisation's industry, risk profile, and maturity level, built around the core professional values of trust, integrity, and impact.
Building Fraud-Resilient and Cyber-Resilient Organisations
Cybersecurity and fraud risk are increasingly interconnected in ways that make siloed responses inadequate. A ransomware incident may quickly become a forensic investigation; a deepfake may enable financial fraud; an insider may facilitate data theft; a FinTech vulnerability may trigger a regulatory investigation; and a cross-border transaction may simultaneously involve cybercrime, money laundering, cryptocurrency, and multiple law-enforcement jurisdictions at once.
The integrated CRM as a Service and FRM as a Service model is therefore built around a single guiding principle for organisations navigating this landscape: Predict. Prevent. Protect. Respond.
FAQs
Q1. What does Prof. Triveni Singh's CRM as a Service offering cover?
It covers risk identification, assessment, treatment and control, continuous monitoring, incident response, regulatory compliance (ISO 27001, NIST, DPDP Act, GDPR), managed security services like SOC monitoring and vCISO support, cyber attack response, and audit and remediation.
Q2. What is included in the FRM as a Service offering?
FRM covers fraud risk assessment, early warning signs and red-flag monitoring, AI-enabled fraud investigation, cross-border financial crime advisory, AML and money laundering investigation, digital forensics, regulatory coordination, insider fraud detection, and fraud awareness training.
Q3. Which types of organisations can benefit from these services?
The offerings are designed for banks, NBFCs, FinTechs, insurance companies, PSUs, government enterprises, stock exchanges, payment service providers, and large corporates and enterprises.