The growing incidence of cyber-attacks is staggering, with 2016 as a record-breaking year.
“There are 80 to 90 million plus cyber security events per year, with close to 400 new threats every minute, and up to 70 percent of attacks going undetected,” reported Sarbjit Nahal of the Bank of America Merrill Lynch.
Even the best security measures and guidelines do not insulate a company from cyber-attacks. Billions of dollars are being spent to establish the best systems and practices to protect data, customers, employees and corporate intelligence from outside cyber-attacks.
But what about insider attacks, which rank among the top three most common cybersecurity crimes? Disgruntled current employees, ex-employees, and members of sophisticated criminal organizations that pose as applicants contribute to insider attacks. According to Heimdal Security, “59% of employees steal proprietary corporate data when they quit or are fired.”
Without security improvements, fraudsters can make it through the recruitment and screening process far enough to cause serious damage. Utilizing technology and best practices, human resources (HR) can screen out several potential insider threats and even identify a fraudster before he or she is hired.
For decades, criminal history searches have been considered the gold standard and best practice in screening employees. While criminal history searches are still invaluable in identifying unqualified employees, or those who may pose a threat to the safety of co-workers or asset loss due to theft, organizations are looking to more comprehensive solutions.
Corporations are introducing enterprise-wide solutions that begin in the hiring process. Identity (ID) services are the new launch pad from which background checks start.
There are several benefits to ID authentication services, with which you can:
Besides the additional layer of security provided by ID services, it takes only seconds for the applicant to go through the process, saving time for both the applicant and for HR. In less than a minute, the applicant’s identity is verified.
InfoMart’s ASAP ID services can be conducted by an applicant on any mobile device, anytime and anywhere. The applicant doesn’t need to physically be in your offices to verify his or her identity. ASAP ID services assist companies in deterring fraud as an applicant cannot move forward in the hiring process until a government-issued ID matches the biometrics of the person using the ID.
The cutting-edge extension of ID authentication is the ability to use biometrics in numerous ways throughout the organization, establishing a higher level of security for access. Knowing an employer has the correct identity information is a deterrent to malicious insiders.
Cyber-attacks are on the rise, but organizations are increasingly looking to deploy new best practices to protect their data, customers, employees and brand. With ASAP ID services, HR can provide the first level of enterprise workforce security.
Don’t rely on second-rate companies to conduct background checks for you. Contact InfoMart to learn more about our intensive and thorough process, and to get started today.