Identity verification has taken on a new urgency for cybersecurity and IT teams in the new era of remote work. Confirming a person’s identity has been important since the advent of data privacy laws and the need to verify those requesting to see their personal data or the right to be forgotten—no company wanted to risk handing over data to the wrong person and risk identity theft. But now, as the pandemic continues to restrict in-person meetings and organizations still have many employees working remotely, the hiring process has taken on an unforeseen challenge: How do you know the person you are planning to onboard is who they say they are?
Identity Verification’s History
Identity verification was designed to ensure businesses would comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) laws. In the digital age, identity verification has become an important tool to help organizations prevent fraud and identity theft.
Move this concept to the hiring process. As everything is done virtually, it’s more difficult to get a good read on a person. It’s easier to hide behind a fake persona when you can’t meet face-to-face or when employees can’t interact with the new hire. While you think you might be interviewing a qualified candidate, what you might actually be doing is giving access into your company’s network to a cybercriminal or you are communicating with someone committing identity fraud.
Most Companies Interview Fraudulent Candidates
According to a recent white paper from Sterling Identity and HR Research Institute, 8 in 10 organizations believe they experienced employee or candidate identity fraud. In addition, HR professional worry about the quality and accuracy of employee and candidate ID data.
“Many HR professionals assume that their background provider verifies candidate identity as part of the screening process, but unfortunately this is not always the case. As organizations strive to create cultures built on trust and safety, establishing identity verification at the start of the screening and hiring process is critical now more than ever,” said Taylor Liggett, general manager of Sterling Identity, in a formal statement.
According to the white paper, 31% of organizations don’t even bother with a background check before hiring and wait until the candidate hands over documents and information to do their research. FULL ARTICLE