Cognitive Radio (CR) Technology has emerged as a smart and intelligent technology to address the problem of spectrum scarcity and its under-utilization. CR nodes sense the environment for vacant channels, exchange control information, and agree upon free channels list (FCL) to use for data transmission and conclusion. CR technology is heavily dependent on the control channel to dialogue on the exchanged control information which is usually in the Industrial-Scientific-Medical (ISM) band. As the ISM band is publically available this makes the CR network more prone to security vulnerabilities and flaws. In this paper a novel multi-fold security framework for cognitive radio wireless ad-hoc networks has been proposed. Multiple security levels, such as, encryption of beacon frame and privately exchanging the FCL, and the dynamic and adaptive behaviour of the framework makes the proposed protocol more resilient and secure against the traditional security attacks when compared with existing protocols