The COVID-19 pandemic has caused a wave of change in employment, including the shift from traditional office setup to working from home. Business owners have seen a trend of mass layoffs and rush hirings, but employers struggled to fill open positions conventionally due to restrictions. Fortunately, modern technology allowed for the remote hiring of talents using smart devices and human networks.
However, every boon has its bane. Despite the convenience offered by remote hiring, digital threats remain rampant, especially risks of identity fraud. To prevent such cyberattacks, businesses should equip themselves with identity verification measures.
Knowing whether the person you’re interacting with online is not a fraud is important, as they can harm your company. Moreover, new regulations on remote hiring have been enacted, and your business must always comply with those rules to prevent repercussions. From improved productivity rates to identity verification for remote onboarding, here are some reasons why verifying your candidate’s identity is essential.
Counter Security Risks
You can quickly spot fraudulent candidates in a face-to-face interview, but doing so in a virtual setup is more complicated. An identity authentication solution will help you spot candidates using false pictures, names, email, phone, and any other credentials they may have fabricated to take advantage of loose online systems. Moreover, identity verification makes it easier to weed out unsuitable candidates who lied about their educational background and work history.
Stay Compliant
Even in an on-site work environment, all hires must complete the Employment Eligibility Verification Form or Form I-9,which works as identity verification and work authorization in the U.S. This is typically accomplished during the onboarding process. However, the employer must acquire identification documents through digital modes for validity in remote setups. Having an identity verification system makes this process easier and reduces errors in the authentication.
Streamline Background Screening Process
It helps to verify a potential candidate’s identity before performing a background check to capture more accurate biographical data. This includes a possibility of criminal history or fabricated birth dates. Another is to examine for informal name changes that could mess up background checks. An identity verification system can prevent threats and make the screening process faster.
Improved Productivity
The hiring process is a tedious task that takes up a lot of time and resources in collecting and analyzing candidate information. Identity verifications collect complete information from all applications, verify them, and store all those data in your company’s system for recollecting. With those responsibilities off your workers’ hands, they can focus on more meaningful tasks.
More Efficient Onboarding Process
Automated recognition systems minimize risks when you’re finally onboarding a selected candidate. After all, it’s easy to hack and steal someone else’s credentials for malicious intents, and remotely onboarding a fraud is a major threat to your company. If you’re one of those businesses that remain unprepared for virtual onboarding, hiring a 3rd-party firm with expertise in identity verification will ensure you are safeguarded from cyberattacks.
AuthID is an award-winning provider of efficient authentication and security solutions for firms and enterprises. Visit their website https://authid.ai/ or contact +1 (516) 274-8700 for more information.
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