Best way to prevent company cyber crime? Background screening, says study

Cybersecurity Study ImageIn a recent study regarding cyber crime and company security, business professionals were asked what factors they deemed most important when it comes to protecting their companies against hacks, stolen data and other cyber crimes. While survey respondents had the option to choose from a variety of factors — such as physical security, access control and anti-malware software — a full 60 percent of respondents said the most important form of security is to conduct background checks on potential and current employees. This is perhaps because 35 percent of respondents see former employees as the highest security threats, only behind professional hackers (whom 55 percent of respondents saw as a security threat). In addition, 47 percent of the professionals were concerned about their own personally identifiable information being stolen due to cyber crime, more so than about other information — such as credit or financial information, or intellectual property — being stolen. The study showed that in 2015 alone, “compromised records” have resulted in approximately $400 million in employer losses. Ninety-eight percent of respondents said that they thought background screening was at least “somewhat important,” with 57 percent declaring background screening to be “extremely important” to cyber security. Likewise, 35 percent of respondents thought re-screening existing employees was, at least, “somewhat important.” However, despite these admissions, only 13 percent of the employees’ companies conduct repeat screening year after year, with an additional 10 percent conducting employee re-screening biannually. Sixty-one percent of respondents said their companies never re-screened employees after hiring. To learn more about conducting employment re-screening, or to create re-screening policies, get in touch with Mind Your Business. photo credit: Phone security via photopin (license)]]>

You May Also Like

Check out these additional posts from Mind Your Business.

FYI FRIDAYS: What is Live Scan Fingerprinting?

We were able to announce earlier this month that we would offer live scan digital fingerprinting to our clients. MYB has been conducting name-based background checks for over 24 years. This natural progression will allow us to service more industries and provide an all-inclusive background screening service.  It is important to dive further into the…
Read More

Mind Your Business, Inc. Announces Convenient Fingerprinting Program Solutions

Extensive nationwide live scan fingerprinting services provides streamlined solution for MYB customers  March 1, 2021 Hendersonville, N.C. — Mind Your Business, Inc. (MYB), a worldwide leader in background screening, drug testing, EEO investigations, and administrative services is excited to announce the introduction of extensive fingerprinting services to its repertoire of core capabilities. This new service offering will…
Read More


Karen Caruso, Founder/CEO answered a question that many of us have been asked in the last few weeks: What are you looking forward to most in 2021?  I am most looking forward to getting back to some sense of normalcy. I look forward to rebuilding MYB stronger than before. Like many small businesses across the…
Read More

Quality and Precise Results, On Time!

Let us know about your screening needs to get a custom quote. We work with businesses big and small as well as the government. Which means we have a package of solutions for your organization as well.