Three Conditions That Increase the Risk of Fraud: The three conditions that increase the risk of fraud, according to the fraud triangle, are pressure, opportunity, and rationalization. Pressure refers to financial stress or personal issues that may drive an individual to commit fraud. Opportunity arises when there are weaknesses in internal controls or oversight, allowing fraudulent activities to occur without detection. Rationalization is the process by which the individual justifies their dishonest actions, often by minimizing the perceived severity of the wrongdoing.