5 Reasons To Run Employee Screening

Being HR professional, we have to deal with rigorous recruitment cycles, and for this, we must meet with several candidates before closing the vacancy. Every HR person has their style of evaluating the candidates, but one thing that needs to be kept in mind before making the final hiring decision is to “Never judge a book by its cover” (Stonehouse, 2017), since at times we might overlook some critical points, perhaps due to a fancy resume or qualification. Every HR professional should consider a crucial step before taking a candidate on board: run employee screening.

According to Business Week – 16% of executive resumes contain false academic claims and/or material omissions relating to educational experience. The U.S. Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the first year’s potential earnings.If you are an HR professional and reading this article, then I can assure you that other HR professionals must be thinking, “is it worth investing additional time and money in pre-employment background screening service?” Let me tell you the key benefits that you can gain from conducting pre-employment background screening services:

1. Better Compliance: it keeps you out of legal issues

Let’s suppose one of your employees commits fraud in your company, and after investigations, you came to know that the employee did the same with previous employers. At this point, you will regret not conducting their background check, as if you had conducted their employment and criminal check, then you wouldn’t have hired them in the first place.

2. Ensures credibility when performing sensitive tasks

In addition to legal issues, some background checks can verify a candidate’s creditability in performing their on-job duties. For instance, when a candidate is being hired for the accounts department where petty cash and the company’s account handling are their primary responsibilities, their employment check may come across that his previous employment has concluded due to mishandling of accounts.

3. Safer Work Environment: keep employees and clients safe

Conducting Background checks can also convey a message throughout the company’s stakeholders, especially its clients, that all employees hired in the company have gone through rigorous checks. Therefore, the data shared by the clients are in safe hands, thus increasing the overall integrity of the company and its staff.

4. Verifies education and certification

The increase in the number of fake degrees has amplified the importance of pre-employment check of educations. Therefore, all degrees and certificates of the applicant under consideration should be verified. The outcome of verification is not just about checking an applicant’s honesty but also verifying the legal status of the degrees and their issuing authorities.

5. Stronger hires, more savings: it gives an overall picture of the applicants

Apart from the interviews, pre-employment background checks can help the interviewer to make their hiring decision accordingly. For instance, candidates may have successfully cleared the interview process, but in their employment checks, the company found that they had resigned from their services after they were accused of sexual harassment by colleagues. Irrespective of how competent a candidate is for the vacancy, such red flags regarding the candidate’s behaviour can completely change the hiring decision and safeguard the company from future issues.

It is indeed worth spending extra time and money on pre-employment background screening because making a wrong hiring decision can not only increase recruitment cost and time but may also incur the cost of damage that employee has given to the company, whether in the form of litigation’s or damaging the company’s goodwill.

5 Reasons To Run Employee Screening
5 Reasons To Run Employee Screening
5 Reasons To Run Employee Screening
5 Reasons To Run Employee Screening
5 Reasons To Run Employee Screening

 

So, if your company is not conducting background screening! Think Again!

Being in HR, you might be creating liability for the company by making the wrong hiring decision. It’s never too late to correct your actions, so contact us, and we can provide our employment background screening services. As it is rightly said, I quote, “better safe than sorry” (Bateson, 2008). 

CRI Group, based in London, works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management and Due Diligence solutions provider. We have the largest proprietary network of background screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are, we have the network needed to provide you with all you need, wherever you happen to be. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

References

  1. Bateson, J., 2008. Building Hope: Leadership in the Nonprofit World. United States Of America: Greenwood Publishing Group.
  2. Stonehouse, R. A., 2017. You’re Hired! Job Search Strategies That Work. 1st ed. s.l.:eBookIt.com.

 

 

How to conduct background screening in the Middle East?

Background screening is critically important for business worldwide. Providing such service is a complex process, and it is different for every country and region. In the United States, investigators have a web of databases at their disposal and a vast network of local resources that provide a wealth of information at the mere click of a mouse. It’s a different world in the Middle East. Technology is limited in many parts of the region.  Privacy legislation varies from country to country and from jurisdiction to jurisdiction. Cultural differences can impact the flow of information. Language barriers can contribute to inaccurate reporting.

Background Screening in the Middle East

Instead of database-driven investigations like those conducted in the U.S, professionals in the Middle East must conduct large parts of their investigations literally on foot, travelling to remote regions to scour records and interview sources. If you’re looking for accurate, reliable information in the Middle East you need to turn to qualified, professional sources that are familiar with the countries, cultures, terrain, languages, resources and – most of all – the laws that govern personal privacy. In this part of the world, your contacts and resources are your greatest assets.

Discovering Hard-to-Find Facts in Hard-to-Reach Locations

The biggest challenge in conducting background investigations in the Middle East is collecting reliable information most efficiently. This requires a well-trained and diverse group of professional investigators who are multilingual and multi-cultural, are familiar with those geographic regions and can easily traverse the obstacles that often impede international investigations. Those obstacles include:

  • Working with local customs offices.
  • Complying with data protection laws and mandates.
  • Knowledge level of local investigative researchers.
  • Lack of centralised information resources and databases; and
  • The proliferation of multicultural environments that are particularly influenced by locals who vastly differ in their approaches to investigative screening and public record searches, particularly with information collected via database sources.

The Obstacle of Background Investigators in the Middle East

To address these obstacles, successful background investigators in the Middle East are often required to work deep in the field, travelling to remote destinations to conduct interviews, develop resources and enlist local assistance to verify the information. Leading background screening firms will conduct investigations that regularly involve a thorough review of local press records, using online and proprietary databases augmented by manual field research to locate the appropriate public records.

This in-depth investigative approach is necessary to bring to light any instances of malfeasance or notable, publicly aired criticism. These professionals will also research all public records that are available within the respective government institutions such as a region’s trial courts, police and SEC sources, and global sanctions lists. The goal of providing this level of investigative legwork is to collect timely, well-documented and substantiated information which will measure up to the high standards often required by our U.S. partners.

Partner With Reputable Background Screening Firms in the Middle East

As the world economy shrinks and the pool of foreign job applicants expands, a partnership with a reputable international employee screening service provider to conduct investigations abroad is essential for maintaining a safe hiring program for your clients. To ensure you’re using the best providers available, a little investigating of your own will result in big benefits down the road.

Checklist on Securing Reputable Background Screening Service:

  • Research the listing of expatriate background screening firms provided by the Professional Background Screening Association https://thepbsa.org/.
  • Ask your provider how they comply with local and regional laws governing individual privacy protection; the methods they utilise in protecting information.
  • Make sure your service provider’s physical address is in the region they’re conducting investigations. If not, they could be simply outsourcing their cases to a third party.
  • Ask about the manner in which your service provider conducts investigations. Avoid firms that investigate exclusively through media searches.
  • Inquire about the internal policies and procedures the service provider uses to monitor the protection of data and if it conducts regular audits to ensure compliance with regional privacy mandates.
  • Specifically, the provider should be in compliance with GDPR and must maintain Information Security Management System ISMS (ISO27001).
  • Don’t settle for firms that say they specialise in providing checks of the International Terrorist Watch List and the OFAC watch list. Those lists are available online to anyone at no cost.
  • Avoid firms that won’t supply you with the source of the records they obtain, were available from public record resources. Also, be sure to ask how old the information collected is.
  • Reputable firms will combine in-depth field investigations with routine public records searches. Make sure your provider is doing both. Background checks involve investigative research and not just press clippings.
  • Service delivery is critical in foreign investigations. Ask about average turnaround times and get commitments for delivery in advance of the investigation.
  • Find out what other U.S. companies use as a service provider. Ask for references.
Employee Background Check

How do you know the candidate you just offered a role to is the ideal candidate? Are you 100% sure you know that everything they’re telling you is the truth? 90%? They showed you a diploma, how do you know it’s not photoshopped? Did you follow the correct laws during your background checks process? Employee background checks and necessary screenings are vital to avoid horror stories and taboo tales that occur within HR, your business, or even your brand – simply investing in a sufficient screening can save you time, money and heartbreak.

CRI Group has developed EmploySmart™, a robust new pre-employment background screening service, certified for BS7858,  to avoid negligent hiring liabilities. Ensure a safe work environment for all – EmploySmart™ can be tailored into specific screening packages to meet the requirements of each specific position within your company. We are a leading worldwide provider, specialised in local and international employee background checks, including pre-employment and post-employment background checks.

About CRI Group

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk ManagementEmployee Background ScreeningBusiness IntelligenceDue DiligenceCompliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are, we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, the CRI Group launched the Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001 Anti-Bribery Management Systems, ISO 37301 Compliance Management Systems and ISO 31000 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

How is COVID-19 Radically Transforming the New-Hire Experience

The COVID-19 pandemic has been a challenging time for industries, organisations and their teams on every level. HR leaders had to adapt to a new normal quickly. Along with coping with the closing of workplaces and adjusting to working from home, many organisations had significant recruitment, vetting and onboarding activities. With two-thirds of employers reporting increased productivity for remote workers than in-office workers, businesses also discovered the benefits of a remote and flexible workforce. With the human element of HR almost vanishing overnight, HR leaders had to learn how to leverage the “digital” aspect of their jobs, ramp it up and implement it across their processes to deliver a new-hire experience and an overall good employee experience. And these changes are very likely to stay for the long haul.

This article explores how COVID-19 radically transformed the new-hire experience from recruitment to background screening, onboarding, and retention. We also explore some of the advantages of these changes and how you can leverage the new normal into your employee experience and increase retention.

The new normal

When COVID-19 struck, companies were faced with the difficult task of hiring quickly and economically, continuing effective onboarding processes, and changing the overall new-hire experience whilst managing the day-to-day risks and ever-changing challenges. COVID posed a lot of challenges when it comes to recruitment, such as:

  1. Navigating the new realm of virtual recruitment.
  2. High demand for recruitment in specific sectors (e.g., pharmaceuticals, retail supermarkets, delivery companies, transportation, retail banks, healthcare).
  3. The need to hire employees with a specific skill set (e.g., digital marketing, IT teams, customer service).
  4. Accommodating for existing staff working from home.
  5. Considering the long-term and short-term economic impact of hiring during the uncertainty of the pandemic.

There was also the onboarding process. Before the pandemic, some would say the process of onboarding an employee begins when the candidate is offered the position and continues until the new employee is considered productive – which could be anytime from the end of a probation period, for example, to a full year and the first appraisal. However, according to a recent survey by CareerBuilder, 25% of employers reported that their onboarding process took a day or less. In comparison, 26% spent a week, 21% over a month, and 11% said their onboarding process extends over three months or longer.

Furthermore, during the pandemic, the number of cases of employee fraud and misconduct grew substantially. In a survey conducted last year by CRI Group, an overwhelming number of respondents said the COVID-19 pandemic is affecting human resources at their company. There are also concerns about fraud, and the protection of confidential information, as much of the workforce has gone virtual in work-from-home (WFH) arrangements. CRI Group’s survey measures the pulse of human resources during a challenging time in business worldwide. The largest number (38%) of survey participants were human resources professionals, but respondents also included managers (19%); executives, directors and administrators (27%); and other roles.

Being digital in a COVID world, where face-to-face interaction is no longer possible, is mostly about optimising the end-to-end employee experience and leveraging data to deliver a somewhat personal employee onboarding experience. Outlined below are ten fundamental tips that support it:

1. Integrate employee information from screening to onboarding and deployment

Managing data is a challenge, but it is essential to ensure that the monitoring and engagement of the new hire remain consistent throughout the onboarding lifecycle. Integrate a system that includes Applicant Tracking System (ATS), recruitment, background screening, onboarding, and performance management, and learning/development systems.

2. There are no shortcuts in recruitment; background screening is more critical than ever

Many companies are hiring at an accelerated rate – especially in the medical profession and industries dealing with infectious diseases, medical supply, pharmaceutical companies and research facilities. A need for quick and effective pre-employment screening has arisen, but that is precisely why proper background screening is critical during COVID. Take the revised BS7858:2019 standard: When establishing policies and practices around the standard and vetting new hires against the standard, organisations can show that they place a high value on hiring individuals who possess integrity. Organisations can then task their new hires with responsibilities designed to keep their co-workers, customers and information safe from the negative forces that have become more prevalent in today’s ever-changing COVID-19 world.

3. Reduce insider fraud or misconduct risk and increase employee integration success rate from the get-go

Unfortunately, during the COVID-19 crisis, employee fraud has increased. According to a 2020 report from the Association of Certified Fraud Examiners, 5% of all revenue generated by organisations – some three and a half trillion pounds globally – is lost every year through fraud committed by employees. Effective background screening for candidates and employees is an essential and effective countermeasure.

4. Leverage HR technology, social media and remote working to elevate the employee experience

Remote working is very much a given in this era, so you must leverage technology to not only facilitate your new hire now but their job as a future permanent employee. It will also reduce the need for face-to-face support while at the same time encouraging proactivity and self-service. In today’s reality, employee experience is not just about boosting employee engagement but more about employee support effectiveness as a whole – while reducing dependencies on HR at the same time.

5. Engage new-hire from the get-go

Employee onboarding starts not just when the employee joins the organisation. Your very first email is the first experience the candidate has with your organisation. In the fast world of recruitment, too many sure candidates drop your process or reject your offers for a better one. It is essential to keep the candidate engaged while at the same time initiating a slow process of integrating her/him into the organisation asap — by doing so, you will improve the offer-to-join ratio.

6. Accelerate the time-to-competency for new hires by reducing the learning curve

It is important to establish expectations, set clear goals for the new hire, and monitor them consistently. Investing in employees’ professional development has always been an attractive “benefit” of any luring organisation. With COVID and the inability to learn on the job, this is more important. Why? Employees at all levels worldwide have been flung into a different and new way of working, which requires a very different skill set. According to Gallup, organisations that invest in employee development report 11% greater profitability. Every individual has his/ her learning style and ways of retaining information, so leverage all the digital tools available such as on-demand videos, live chats, virtual assistants, and other forms of interactive self-paced learning options.

7. Up-skilling your people by providing learning and knowledge retention tools on demand

Learning is key to making an employee productive. Training new and current employees to cope with the ongoing changes from the COVID-19 pandemic will help them remain productive. Employee retention like this is invaluable, especially as recruitment has become that bit trickier in a remote world. Do not lose top talent, knowledge and experience, for lacking that extra level of support.

8. Mental health is critical; it is time to acknowledge and practice it

The turbulence of today’s dual health and economic crises is unprecedented and is affecting employees. PwC’s 2020 Global Consumer Insights survey shows a shift in the consumer’s priority, with 69% saying they are caring more about their mental health and physical fitness, and 63% saying they want to eat healthier as a direct result of the COVID-19 pandemic. A study from Tilburg University in the Netherlands (commissioned by the IOSH – Institution of Occupational Safety and Health) estimated around 12.8 billion working days are lost due to anxiety and depression. The study concluded that organisations could help prevent mental health problems from becoming more severe and achieve a more sustainable workplace by paying attention to each individual’s situation and conditions. Employers must emphasise meeting individual needs and finding a more tailored approach where the new reality can safely “cohabit” with a desired new future. Leveraging social media to provide a robust peer support system is equally helpful – these will aid the onboarding process.

9. The employee continuously due diligence

Conduct a periodic review of existing employees. Investing in due diligence is vital to mitigate the risks and identify fraud. Periodically screening and vetting existing employees can protect and enhance the overall security of your organisation.

10. Cut costs drastically

Leveraging these new changes and integrating them into your onboarding cycle can help reduce expenses drastically across your business. It eliminates the cost that comes when placing the wrong candidate.

EmploySmart – take the first step towards transforming your employee background screening!

Businesses have to adapt quickly to survive, which can mean cutting steps in their hiring process, and no one knows how this will play out. Using a vendor to conduct your background screening effectively will invaluably make your onboarding process more scalable. It will allow you to focus on delivering consistently superior services to new hires across the board and, more importantly, focus on the fun stuff like supporting the new hire on their continued improvement.

We understand how important it is to monitor all stages from recruitment to onboarding and from onboarding to learning and development; that’s why our employee screening reports are easy to “transcribe” to whatever HR ecosystem you use. Our reports will essentially complement the effectiveness of any employee onboarding process and, therefore, your HR department.

Mitigate the employee risk impact! Learn how with this FREE ebook. Taken as a whole, this ebook is the perfect primer for any HR professional, business leader and company looking to avoid employee background screening risks. It provides the tools and knowledge needed to stay ahead of COVID-19 effectively. Read more or DOWNLOAD now!

EmploySmart | Most Robust Employee Background Check Service

How do you know the candidate you just offered a role to is the ideal candidate? Are you 100% sure you know that everything they’re telling you is the truth? 90%? They showed you a diploma, how do you know it’s not photoshopped? Did you follow the correct laws during your background checks process? Employee background checks and necessary screenings are vital to avoid horror stories and taboo tales that occur within HR, your business, or even your brand – simply investing in a sufficient screening can save you time, money and heartbreak.

CRI Group has developed EmploySmart™, a robust new pre-employment background screening service, certified for BS7858,  to avoid negligent hiring liabilities. Ensure a safe work environment for all – EmploySmart™ can be tailored into specific screening packages to meet the requirements of each specific position within your company. We are a leading worldwide provider, specialised in local and international employee background checks, including pre-employment and post-employment background checks.

About CRI Group

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched the Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 37301:2021 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

BS 7858:2019 | The new way to mitigate employee risk during COVID-19

Mitigate employee risk during COVID-19 with BS 7858:2019

The far-reaching impact of the COVID-19 outbreak has affected virtually every business and economic sector worldwide. Depending on the global region, the far-reaching implications have hampered (on various levels) the ability to conduct proper and thorough background screening investigations. In the United Kingdom and the United Arab Emirates, the countrywide lockdowns forced leaders to close sites and send their workforce home. Many have to learn how to manged people working from home (WFH) or remotely for the first time. The previous concerns about productivity, privacy and protecting sensitive information only grew more with the practice of WFH. They highlighted the vital importance of pre-employment background screening and background investigations. BS 7858:2019: the revised standard for screening individuals working in secure environments offers a complete solution.

Unfortunately, conducting such investigations in a reliable and timely manner has brought its struggles. The closure of public information sources has dramatically impacted accessing public records to verify previous employment, education and criminal charges. Drug screening tests have been delayed or postponed until such companies are permitted to reopen their doors for business. On the applicant side, it’s been widely reported that individuals are concerned (and rightly so) about participating in face-to-face interviews. Applicants are concerned with leaving their homes to do a drug test and, ultimately, returning to a work environment that may or may not appear healthy, protected and safe.

Recruitment fraud and how BS 7858:2019 provide the solutions

Investigators themselves have hesitations about venturing into the field to complete their assignments, which in many countries may require a high degree of boots-on-the-ground research and in-person interaction. Fortunately, the background screening industry is resilient. It is steadily working around these obstacles to ensure that workplaces are safeguarded, workers, customers and property are protected, and sensitive information doesn’t fall into rogue hands. This is particularly important in those sectors that rely heavily on vetting personnel working in secure environments responsible for people, property, data and critical systems. And it’s important for the mere fact that a trending increase in recruitment fraud is creating additional challenges for already over-burdened employers. Last year recruitment fraud cost £23 billion in the UK alone.

The recent update of the BS7858:2019 standard, “Screening of Individuals Working in a Secure Environment – Code of Practice,” emphasizes the risk assessment of secure environment workers. The code focuses on the need for tighter controls over the pre-employment screening – and periodic re-screening – of individuals, who in their positions could potentially benefit from illicit personal gain, become compromised, or take advantage of other opportunities for creating breaches of confidentiality, trust or safety.

Written by the British Standards Institute, which is recognised as the UK’s national standards body, BS7858:2019 lays out the scope of “obtaining personal background information to enable organisations to make an informed decision, based on risk, on employing an individual in a secure environment.” Those workers include business owners, directors, partners, silent partners and shareholders holding more than 10% of the business; managers, area managers, department managers, screening managers and staff; installers and service crew; security personnel; and office supervisors and staff with access to customer and system records.

The amended guidelines of the standard put the onus on the organisation’s top management to demonstrate that they are focused on the aspects of the business where the most risk lies and the particular personnel roles involved within those risks areas. This is particularly important because, as the standard states, the “organisation retains ultimate responsibility for an outsourced screening process and is required to review the completed screening file.” Risks assessment includes examining certain roles that involve financial tasks, data security, management of goods, property risks or any number of “people risks” such as roles with direct access to vulnerable adults and children.

To that end, management is charged with ensuring that the organisation has proper and adequate resources and infrastructure to manage the adequate vetting of high-risk personnel. Management is tasked with the response and that there is a firm commitment at the top level to manage and support the coordination required to execute the screening process. Finally, management is tasked with ensuring that such responsibilities are appropriately assigned and communicated throughout the organisation. The guideline also eliminates its original text in 2012, a requirement to produce character references as part of the screening process. This decision was based on the supposition that such references are now deemed potentially weak and difficult to verify. 

Price of a bad hire

The price of a bad hire has far-reaching consequences for any business, including productivity loss, decreased employee morale, risks to employee safety and increased exposure to costly negligent hiring claims and potentially devastating litigation. The premise behind the standard is to safeguard employers from harmful or fraudulent hires. Cases of organisations that forego conducting due diligence on a new hire – especially a hire with high-risk exposure – often end badly for those organisations.

The revised BS7858:2019 standard enables organisations to demonstrate a commitment to safeguarding their businesses, employees, customers and information utilising widely accepted methods that focus on risk assessment and top-down management involvement in the company’s employment policies and practices. In establishing policies and practices around the standard, organisations can show that they place a high value on hiring individuals who possess integrity. Organisations can then task them with responsibilities designed to keep their co-workers, customers and information safe from the negative forces that have become more prevalent in today’s ever-changing COVID-19 world.

Playbook | Everything About BS 7858:2019

The price of a bad hire has far-reaching consequences for any business, including productivity loss, decreased employee morale, risks to employee safety and increased exposure to costly negligent hiring claims and potentially devastating litigation. The premise behind the standard is to safeguard employers from bad or fraudulent hires. Cases of organisations that forego conducting due diligence on a new hire – especially a hire with high-risk exposure – often end badly for those organisations.

At CRI Group, we know how important is your background screening to your company’s success and to give you an idea of what is new, we have produced this playbook detailing the differences between the BS7858:2012 standard and the new BS7858:2019 standard.

E-Book | Employee Screening During COVID-19

Managing people through COVID-19

The COVID-19 pandemic is undeniable affecting the world. And the situation is changing at an hourly rate as we go into a second global lockdown. Businesses have to adapt quickly to survive, i.e. cutting steps in their hiring process, and no one knows how this will play out. However, there are ways you can mitigate the impact, learn how from this free ebook.

Taken as a whole, this ebook is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to effectively stay ahead of COVID-19. Read the answers to the following questions:

  • Does a candidate have to give consent to process a background check/screening?

  • How long does it take to conduct a background check?

  • When should I conduct pre-employment checks?

  • How often should I screen employees?

  • How to collect references and what to ask?

  • How much does it cost to conduct background checks?

  • What is the difference between employment history verification and employment reference?

FAQ E-Book | All About Background Checks

The price of a bad hire has far-reaching consequences for any business, including productivity loss, Get answers to frequently asked questions about background checks/screening cost, guidelines, check references etc.

Taken as a whole, it is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to make the right decisions. This eBook is a compilation of all of the background screening related questions you ever needed answers to:

  • Does a candidate have to give consent to process a background check/screening?

  • How long does it take to conduct a background check?

  • When should I conduct pre-employment checks?

  • How often should I screen employees?

  • How to collect references and what to ask?

  • How much does it cost to conduct background checks?

  • What is the difference between employment history verification and employment reference?

  • How do I check on entitlement to work?

  • How to conduct identity checks?

  • What will a financial regulatory check show?

  • Is it possible to identify conflict of interest during checks?

  • What is a bankruptcy check?

  • What about directorships and shareholding search?

  • Can I have access to a criminal watch list?

  • Anti-money laundering check?

  • Can we conduct FACIS (fraud and abuse control information system) searches?

CRI Group | BS7984:2008 Accredited Company

BS7984:2008 accredited companies, such as CRI Group highlight to their clients that their security personnel are staff that can be trusted and relied upon to complete a high-quality job as the screening process highlights the level of conduct that they have presented in the past. This reassures the safety of the people, goods and property that they have been hired to protect.

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk ManagementEmployee Background ScreeningBusiness IntelligenceDue DiligenceCompliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are, we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

If you have any further questions or interest in implementing compliance solutions, please contact us. CRI Group has safeguarded businesses from any risks, providing investigations such as insurance fraudemployee background screeninginvestigative due diligencebusiness intelligencethird-party risk management, forensic accounting, compliance and other professional investigative research services.

In 2016, the CRI Group launched the Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management SystemsISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. Contact ABAC® for more on ISO Certification and training.

About the Author

Zafar I. Anjum is Group Chief Executive Officer of Corporate Research and Investigations Limited “CRI Group” (www.crigroup.com), a global supplier of investigative, forensic accounting, integrity due to diligence and employee background screening services for some of the world’s leading business organisations.

Headquartered in London (with a significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center-QFC, and the Abu Dhabi Global Market-ADGM, CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, the USA, and the United Kingdom.

Zafar Anjum, MSc, MS, LLM, CFE, CII, MABI, MICA, Int. Dip. (Fin. Crime), Int. Dip. (GRC)
CRI Group Chief Executive Officer

37th Floor, 1 Canada Square,
Canary Wharf, London, E14 5AA,
United Kingdom

t: +44 207 8681415
m: +44 7588 454959
e: zanjum@crigroup.com

Background Investigations: One-on-one interview with Zafar Anjum

Having dedicated his career to fraud prevention, protective integrity, security and compliance, Zafar Anjum is a distinguished and highly respected professional in his field. As Group Chief Executive Officer at Corporate Research and Investigations Limited, he uses his extensive knowledge and expertise in creating stable and secure networks across challenging global markets. For organisations needing comprehensive project management, security, safeguard testing, background investigations and real-time compliance applications, Anjum is the assurance expert of choice for industry professionals.

Q: To what extent have you seen an increase in corporate fraud in recent years? What are some of the common themes and underlying causes?

Anjum: Fraud always seems to be increasing. No matter how sophisticated our attempts to prevent it become, perpetrators are always adapting with new methods. According to the 2020 Association of Certified Fraud Examiners (ACFE) Report to the nations, asset misappropriation is the leading type of occupational fraud. It makes up 86% of fraud cases and causes a median loss of $100,000. On the other spectrum, financial statement fraud schemes are the least common (10% of cases) but are the most costly, causing a median loss of $954,000. A typical fraud case can last 14 months before detection and cause a loss of $8,300 per month – a whopping 5% of an organisations revenue is lost to fraud each year. There are various factors at play here, but it starts with ‘tone at the top’. Basically, corporate culture often sets the tone for how strict or lax an organisation is when preventing or detecting fraud. Combine a lax approach with a country or jurisdiction where corruption is still prevalent, even considered ‘business as usual, and there will likely be fraud.

Q: Could you outline the benefits of using background investigations to reduce potential fraud? Under what circumstances is it prudent to undertake a background investigation?

Anjum: It should be a priority to conduct thorough background investigations when engaging in a merger or acquisition, an initial public offering (IPO), engaging suppliers, contractors or new clients – your client relationships can affect your organisation’s reputation and your ability – just to name a few situations. This can help you avoid becoming entangled with third parties that have hidden fraud and other legal issues. It will also make you aware of a potential partner who has a credit risk, has claimed bankruptcy or is faced with debtor filings, for example. In one case, a company was seeking to engage a new supplier for medical supplies and equipment. A background investigation revealed that the warehouse’s physical location – claimed by this ‘supplier’ did not exist. The company’s principal had previously been charged with ‘criminal breach of trust’. Three other civil damages claims against the principal were discovered, with millions claimed in liabilities.

Q: What are some of the best practice approaches to conducting a background investigation? 

Anjum: One of the most important aspects of thorough background investigations is having a ‘boots on the ground approach. Online database searches can only take you so far. When conducting due diligence on entities or individuals, red flags that pop up often warrant further checking before they can be truly weighed as part of the decision process. For example, if you are considering partnering with another company and they provide information for their physical location, do you have agents who can visit that location to make sure it is legitimate? Investigations sometimes discover that purported ‘headquarters’ is actually an abandoned home or vacant lot. Also, if certain credentials are claimed, you need to make phone calls or possibly a visit to the school or accrediting bodies to verify them. These are the important details that help you established facts that help guide your decisions.

Looking for an effective RISK MANAGEMENT through background investigations? Learn how with our Risk Management Solutions brochure!

Q: What kinds of legal or regulatory issues might complicate a background investigation?

Anjum: Privacy laws are probably the most important issue, and they need to be carefully understood and followed for every jurisdiction. In the UK, for example, the pandemic has created new data privacy issues, but prudent organisations are constantly evaluating their data protection strategies under the General Data Protection Regulation (GDPR). When it comes to background investigations, similar privacy considerations apply. You might want to check an individuals’ financial or credit history – relevant information if they own a business you seek to partner with or acquire, or if you are considering them for a high-level position at your organisation. Accessing such information is permitted in some jurisdictions and restricted by law in others. The last thing you want is to end up in court for violating someone’s privacy. It is best to engage a professional due diligence background screening firm. They will be trained and up-to-date on the laws governing your background investigations, plus they will have access to resources that most companies do not have.

Q: To what extent are background investigations more challenging in a cross-border or multi-jurisdictional context? How can these additional challenges be overcome or avoided?

Anjum: This goes back to the importance of having investigators in various locations, your ‘boots on the ground’, in your approach to due diligence. The world is much smaller these days as organisations seek to expand across international borders. And the COVID-19 is teaching leaders  invaluable lessons in business efficiencies and future strategy. This can lead to obvious challenges – both with following the laws and regulations in various jurisdictions and overcoming language and cultural barriers. That is why it is important to have access to locally-based agents – including certified fraud examiners and similarly credentialed professionals – to help with your checks, whether investigating a potential third-party partner or an individual being considered for employment. Another advantage is to have a set, written policy and process for conducting background investigations that you can reference and rely upon when undertaking key business decisions. In this way, your organisation is less susceptible to someone convincing you to bypass proper due diligence simply because it might seem logistically difficult to conduct an overseas investigation.

Are you looking to MITIGATE EMPLOYEE RISK before and after hire? Look no more, we have developed EmploySmart, a robust new pre and post-employment background screening service to avoid employee risk. Learn MORE HERE!

Q: Once the background investigation results are collated, what are the key points to analyse?

Anjum: If red flags are uncovered, the best way to proceed is to investigate further to understand discrepancies. For example, suppose you are conducting background screening on a potential employee, and something comes up in their criminal record, rather than eliminating them from consideration. In that case, you should ensure that there was not an error in your background check, investigate the discrepancy and gather all relevant information and ask the person to explain what you found and why they did not disclose it. They might have an explanation that affects your decision process. In other words, do not overlook potential talent. According to Nacro, more than 11 million people in the UK have a criminal record – that’s 1 in 3 men – however, just over half of these had been convicted on only one occasion, and 85% were convicted before they were 30 years old. Not all of those have a prison record, however. Most convictions are for motoring offences, such as speeding or unpaid tickets.

Q: What essential advice would you offer to companies on developing internal policies and processes to combat fraud? should intensive background investigations form part of their standard procedures?

Anjum: Intensive background investigations should be a part of an organisation’s standard procedures. It should be part of a greater risk management plan, be set forth as written policy that owners and director approve, and be reviewed and understood by management and other relevant personnel. Engage risk management professionals when developing your policies and procedures. They can help tailor a plan based o your organisation. Key questions to address should include; who will implement the plan, how an investigation is conducted, who evaluates and reports the results, and so on. Sometimes organisations put forth a thorough, excellent programme for background investigations and then, six months or a year later, nobody is following it. The key to success is following through with it and making sure your entire organisation understands the process and why it is so important. The security of your company depends on effective risk management.

The security of your company depends on effective risk management

Background investigations are critical to any company’s success because working with qualified, honest and hard-working employees and other businesses is an integral part of thriving in the business community. What you don’t know can hurt you, and the simple act of one bad decision can result in an unprecedented loss for your company. 

From vendor and third-party screening to employment screening, CRI Group recommends background investigations as critical proactive measures to help keep your business safe. An effective background screening investigation will help screen for bad apples that can cause havoc down the road. Because we maintain a diverse talent base comprised of multilingual and multi-cultural professionals, CRI can traverse obstacles that often impede international background investigations. That’s why we are frequently contracted by our competitors to conduct background investigations in geographic regions not serviced or accessible by larger investigative firms. 

Meet our CEO

Zafar I. Anjum, is Group Chief Executive Officer of CRI Group (www.crigroup.com), a global supplier of investigative, forensic accounting, business due diligence and employee background screening services for some of the world’s leading business organisations.  Headquartered in London (with significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center-QFC, and the Abu Dhabi Global Market-ADGM, CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, USA, and the United Kingdom.

Contact CRI Group to learn more about its 3PRM-Certified™ third-party risk management strategy program and discover an effective and proactive approach to mitigating the risks associated with corruption, bribery, financial crimes and other dangerous risks posed by third-party partnerships.

CONTACT INFORMATION

Zafar Anjum, MSc, MS, CFE, CII, MICA, Int. Dip. (Fin. Crime) | CRI Group Chief Executive Officer

37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA United Kingdom

t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com

Who is CRI Group?

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 37301:2021 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

 

Address Risk with Employee Background Checks

There are inherent risks in the hiring process, including fraudulent claims by candidates. These include everything from relatively minor transgressions, like stretching employment dates, to severe and concerning deceptions, such as claiming unearned degrees or credentials or hiding one’s criminal record. Being aware of these risks is only the first step, and companies that don’t take steps to address them, such as thorough comprehensive background checks as part of their hiring policies, are putting themselves in peril. Several case studies have shown companies learning this lesson the hard way.

In one recent case, a semiconductor manufacturing company noticed that its finances weren’t adding up. Auditors traced the discrepancies to around the time when a new CFO had been hired – and so the investigation began. When contacted, the CFO’s previous employers reported that the individual had been terminated due to cash embezzlement, harassment and workplace violence. In the end, the case proved costly to the semiconductor company. The CFO was terminated and prosecuted, but nearly $200,000 had been embezzled, and most of it could not be recovered (it was already spent, as the fraud had been taking place over four years).

Proper background checks and a thorough vetting of references would have exposed the fraudster before he had ever set foot in his office as a CFO. The proactive approach would have saved the company in lost revenues, investment of manpower (extensive auditing and investigation) and damage to reputation.

When an organisation is ready to add a critical layer of security to its hiring process, the following should be considered:

  • Evaluate the current process: What is the company’s existing, written policy for hiring new employees? How does it address background checks, due diligence, and other issues? Is the process followed in every case?
  • Risk areas: Some positions are more sensitive than others. For example, the CFO at the semiconductor company was well-placed to commit fraud. What are some other job positions and responsibilities that have a heightened risk factor?
  • Ownership of the process: Ultimately, who has the responsibility of vetting new hires? Is it ownership? Human resources? Individual managers? It might be a collaborative process. All of those who are involved in hiring should also be involved in the implementation of a due diligence solution that includes background checks.
  • The current workforce: Proper due diligence doesn’t just apply to prospective new hires. It should also be used to periodically evaluate your current workforce. Examine the various roles and personnel at your organisation, and consider a policy that addresses risk areas with background checks to ensure that you don’t have any employees among your ranks that might have criminal backgrounds or other issues that your company is unaware of.

After performing a thorough evaluation of the organisation’s needs in terms of effective pre-and post-employment background checks, it’s time to consider whether to conduct such checks in-house or to use an outside expert firm.

Some larger corporations might already have access to dynamic resources for background checks, and a team of trained staff to conduct them. Most businesses, however, do not. In such cases, enlisting the services of a firm that conducts background checks as part of their main course of business makes sense. Investing in proper due diligence can save severe problems down the road.

Managing your people through COVID-19

The COVID-19 pandemic is undeniable affecting the world. And the situation is changing at an hourly rate as we go into a second global lockdown. Businesses are having to adapt quickly in order to survive, i.e. cutting steps in their hiring process, and no-one knows how this will play out. However, there are ways you can mitigate the impact, learn how with this FREE ebook. Taken as a whole, this ebook is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to effectively stay ahead of COVID-19. Read the answers to the following questions:

  • How to turn the tide’ on coronavirus crisis?;
  • COVID-19 Action point checklist;
  • Background Screening: Essential Checks;
  • 6 steps for good practice in connection with COVID-19;
  • 11 Steps to Reduce Personnel Costs;
  • COVID-19 General advice;
  • How to remove any danger to your business during COVID-19;
  • … and more!

Download your “Employee Screening during COVID-19: everything you need to know and more! FREE ebook here!

Frequently asked questions about background checks

Get answers to frequently asked questions about background checks/screening cost, guidelines, check references etc. This eBook is a compilation of all of the background screening related questions you ever needed answers to:

  • Does a candidate have to give consent to process a background check/screening?
  • How long does it take to conduct a background check?
  • When should I conduct pre-employment checks?
  • How often should I screen employees?
  • How to collect references and what to ask?
  • How much does it cost to conduct background checks?
  • What is the difference between employment history verification and employment reference?
  • How do I check on entitlement to work?
  • How to conduct identity checks?
  • What will a financial regulatory check show?
  • Is it possible to identify a conflict of interest during checks?
  • What is a bankruptcy check?
  • What about directorships and shareholding search?
  • Can I have access to a criminal watch list?
  • Anti-money laundering check?
  • Can we conduct FACIS (fraud and abuse control information system) searches?
  • … and MORE!

Taken as a whole, is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to make the right decisions.

Meet our CEO

Zafar I. Anjum, is Group Chief Executive Officer of CRI Group (www.crigroup.com), a global supplier of investigative, forensic accounting, business due diligence and employee background screening services for some of the world’s leading business organisations.  Headquartered in London (with significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center-QFC, and the Abu Dhabi Global Market-ADGM, CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, USA, and the United Kingdom.

Contact CRI Group to learn more about its 3PRM-Certified™ third-party risk management strategy program and discover an effective and proactive approach to mitigating the risks associated with corruption, bribery, financial crimes and other dangerous risks posed by third-party partnerships.

CONTACT INFORMATION

Zafar Anjum, MSc, MS, CFE, CII, MICA, Int. Dip. (Fin. Crime) | CRI Group Chief Executive Officer

37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA United Kingdom

t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com

About CRI Group

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS102000:2013 and BS7858:2019 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

CRI, the only company with BS102000 & BS7858 certifications in Middle East

When it comes to providing information security, financial audits, risk assessments, background checks, due diligence and a wide range of anti-fraud related services, maintaining the highest levels of training and expertise is an absolute must. That’s why CRI Group achieves critical certifications from the British Standards Institute (BSI), the National Association of Background Screeners (NAPBS) and other preeminent groups in the security and anti-fraud field as part of the company’s commitment to its clients. 

What is BS7858? The BS7858:2019 standard, “Screening of Individuals Working in a Secure Environment – Code of Practice,” places emphasis on the risk assessment of secure environment workers. The code focuses on the need for tighter controls over the pre-employment screening – and periodic re-screening – of individuals, who in their positions could potentially benefit from illicit personal gain, become compromised, or take advantage of other opportunities for creating breaches of confidentiality, trust or safety. Read more here.

CRI Group is the first and only investigative research company in the Middle East to receive the certifications BS102000:2013, Code of Practice for the Provision of Investigative Services, and BS7858:2019, screening of individuals working in a secure environment, from internationally recognised training and certification body BSI. CRI Group also holds other BSI certifications (more on those within this article).

Founded in 1901, BSI is the UK national standards body that works with thousands of organisations in more than 150 countries. BSI is accredited by 20 local and international bodies. We sat down with CRI Group President and CEO Zafar I Anjum, CFE, to discuss these certifications and what they mean:

CRI Group is the only firm of its kind in the Middle East to hold the BS102000:2013 and BS7858:2019 certifications. What led you to embark on gaining these and other certifications from BSI?

Anjum: Just a few years ago, we announced that CRI Group would be engaging BSI for training and certification on many levels, and these and other certifications are direct results of that initiative. Earning multiple certifications from a distinguished standards body like BSI is a mark of pride for us as it demonstrates expertise in our core services.

BS102000:2013 is the “Code of Practice for the Provision of Investigative Services.” What does this mean?

Anjum: This certifies CRI Group’s proficiency in providing services regarding fraud risk assessment and investigations, forensic accounting, intellectual property (IP) investigations, due diligence and background investigations, debt collections, corporate security consulting and investigation, pre-and post-employment screening and fraud and crime investigations.

BS7858:2019 denotes “Security Screening of Individuals Employed in a Security Environment.” Please tell us more about this certification.

Anjum: This recognises CRI Group’s expertise in screening services including identity checks, financial checks, employment checks and criminal records checks. CRI Group implemented this standard with regular external audits conducted by BSI and adhered to recommendations specifically vetting and conducting employment background screening of security personnel seeking affiliations with security companies.

How does this relate to CRI Group’s EmploySmart program?

Anjum: Background screening professionals must be on the cutting edge of industry technology and resources – while also staying educated on the changing laws and regulations that govern the field. At CRI Group, we are proud to provide the most extensive and thorough background screening services as part of our EmploySmart program.

CRI Group also holds the certifications ISO/IEC 27001:2013, Information Security Management System and you are a credentialed NAPBS (National Association of Professional Background Screeners) Research Provider. Congratulations on these distinguished credentials!

Anjum: Thank you. We are pleased to have our expertise in these areas recognised by BSI, NAPBS and other leading bodies, and we will continue to strive to provide the top level of service for businesses to help them prevent and detect fraud.

BS7858:2019, a new way to mitigate employee risk during COVID-19

The far-reaching impact of the COVID-19 outbreak has affected virtually every business and economic sector worldwide, and depending on the global region, has hampered (on various levels) the ability to conduct proper and thorough background screening investigations. In the United Kingdom and the United Arab Emirates, the countrywide lockdowns forced leaders to close sites and send their workforce home. Many are having to learn how to manged people working from home (WFH) or remotely for the first time. The previous concerns about productivity, privacy and protecting sensitive information only grew more with the practice of WFH. They highlighted the vital importance of pre-employment background screening and background investigations. BS7858:2019: the revised standard for screening individuals working in secure environments offers a complete solution.

Find out how you can mitigate employee risk during this pandemic with BS7858:2019 

The revised BS7858:2019 standard enables organisations to demonstrate a commitment to safeguarding their businesses, employees, customers and information utilising widely accepted methods that focus on risk assessment and top-down management involvement in the company’s employment policies and practices. In establishing policies and practices around the standard, organisations can show that they place a high value on hiring individuals who possess integrity. Organisations can then task them with responsibilities designed to keep their co-workers, customers and information safe from the negative forces that have become more prevalent in today’s ever-changing COVID-19 world.

BS7858:2019, everything you need to know and more!

The price of a bad hire has far-reaching consequences for any business, including productivity loss, decreased employee morale, risks to employee safety and increased exposure to costly negligent hiring claims and potentially devastating litigation. The premise behind the standard is to safeguard employers from bad or fraudulent hires. Cases of organisations that forego conducting due diligence on a new hire – especially a hire with high-risk exposure – often end badly for those organisations. At CRI Group we know how important is your background screening to your company’s success and to give you an idea of what is new we have produced this playbook detailing the differences between BS7858:2012 standard and the new BS7858:2019 standard.

Download your “BS7858:2019, everything you need to know and more!” playbook here…

Managing your people through COVID-19

The COVID-19 pandemic is undeniable affecting the world. And the situation is changing at an hourly rate as we go into a second global lockdown. Businesses are having to adapt quickly in order to survive, i.e. cutting steps in their hiring process, and no-one knows how this will play out. However, there are ways you can mitigate the impact, learn how with this FREE ebook. Taken as a whole, this ebook is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to effectively stay ahead of COVID-19. Read the answers to the following questions:

  • How to turn the tide’ on coronavirus crisis?;
  • COVID-19 Action point checklist;
  • Background Screening: Essential Checks;
  • 6 steps for good practice in connection with COVID-19;
  • 11 Steps to Reduce Personnel Costs;
  • COVID-19 General advice;
  • How to remove any danger to your business during COVID-19;
  • … and more!

Download your “Employee Screening during COVID-19: everything you need to know and more! FREE ebook here!

Frequently asked questions about background checks

Get answers to frequently asked questions about background checks/screening cost, guidelines, check references etc. This eBook is a compilation of all of the background screening related questions you ever needed answers to:

  • Does a candidate have to give consent to process a background check/screening?
  • How long does it take to conduct a background check?
  • When should I conduct pre-employment checks?
  • How often should I screen employees?
  • How to collect references and what to ask?
  • How much does it cost to conduct background checks?
  • What is the difference between employment history verification and employment reference?
  • How do I check on entitlement to work?
  • How to conduct identity checks?
  • What will a financial regulatory check show?
  • Is it possible to identify a conflict of interest during checks?
  • What is a bankruptcy check?
  • What about directorships and shareholding search?
  • Can I have access to a criminal watch list?
  • Anti-money laundering check?
  • Can we conduct FACIS (fraud and abuse control information system) searches?
  • … and MORE!

Taken as a whole, is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to make the right decisions.[/vc_column_text][accordion_father][accordion_son title=”Meet our CEO” clr=”#ffffff” bgclr=”#1e73be”]Zafar I. Anjum, is Group Chief Executive Officer of CRI Group (www.crigroup.com), a global supplier of investigative, forensic accounting, business due diligence and employee background screening services for some of the world’s leading business organisations.  Headquartered in London (with significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center-QFC, and the Abu Dhabi Global Market-ADGM, CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, USA, and the United Kingdom.

Contact CRI Group to learn more about its 3PRM-Certified™ third-party risk management strategy program and discover an effective and proactive approach to mitigating the risks associated with corruption, bribery, financial crimes and other dangerous risks posed by third-party partnerships.

CONTACT INFORMATION

Zafar Anjum, MSc, MS, CFE, CII, MICA, Int. Dip. (Fin. Crime) | CRI Group Chief Executive Officer

37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA United Kingdom

t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com

About CRI Group 

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS102000:2013 and BS7858:2019 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

Risk assessment breakdown: Identification, Analysis, Evaluation

Whatever your reasons or motivations might be, if your organisation’s objective is to have an effective risk management strategy in place, then ISO 31000 can provide the principles, framework and a process for managing risk. ISO 31000 is not a certifiable standard; the standard is a set of guidelines which provide guidance for internal or external audit programmes. However we recommend taking ISO 31000 Awareness training, this will enable you to fully understand Risk Management activities and mitigate risk.  According to ISO 31000, there are two important building blocks that form the core of risk management:

  • Risk assessment
  • Risk treatment

Under ISO 31000, each of these stages has a whole section of its own – they go into detail about best practices for identifying risks, how to analyse them in terms of probability and severity, and how they can be evaluated in terms of the company’s risk appetite. This article discusses the importance of Risk Assessment.

Risk management is a full-time, ongoing endeavour for organisations in today’s business world, and it poses constant challenges. Unfortunately, fraud, bribery and corruption are major factors affecting businesses and agencies of all sizes and industries. Being proactive against these risks can mean the difference between success and ruin. Our “Risk Management & ABMS Playbook” provides tools, checklists, case studies, FAQs and other resources to help you lead your organisation into better preparedness and compliance. READ MORE NOW!

What is Risk Assessment?

Risk assessment is the overall process of identification, analysis and evaluation of any given risk. It can be a systematic examination of a task, job or process that a risk professional carries out at work for the purpose of identifying significant hazards. For example, the risk of someone being harmed and deciding what further control measures to take to reduce the risk to an acceptable level. The process will vary between organisations, but it should start with identification of hazards, analysis of who and what might be harmed, evaluation of the risk, documentation of the risks, taking action and review. Your organisation should conduct a risk assessment systematically, interactively and collaboratively, drawing on the knowledge and views of stakeholders. It should use the best available information, supplemented by a further inquiry as necessary.

Risk assessment breaks down into:

  • Step 1: Identification
  • Step 2: Analysis
  • Step 3: Evaluation

Risk Identification

The purpose of risk identification is to find, recognise and describe risks that might help or prevent an organisation achieving its objectives. Relevant, appropriate and up-to-date information is important in identifying risks. The organisation can use a range of techniques for identifying uncertainties that may affect one or more objectives. The following factors, and the relationship between these factors, should be considered:

  • Tangible and intangible sources of risk;
  • Causes and events;
  • Threats and opportunities;
  • Vulnerabilities and capabilities;
  • Changes in the external and internal context;
  • Indicators of emerging risks;
  • The nature and value of assets and resources;
  • Consequences and their impact on objectives;
  • Limitations of knowledge and reliability of information;
  • Time-related factors;
  • Biases, assumptions and beliefs of those involved.

Your organisation should identify risks, whether or not your sources are under your control. Consideration should be given that there may be more than one type of outcome, which may result in a variety of tangible or intangible consequences.

> At CRI Group we are working on new ISO 31000 Awareness training course. Show your interest and sign up for more updates HERE!

Risk analysis

Risk analysis allows you to understand the nature of risk, its characteristics and level. Because an event can have multiple causes and consequences and can affect multiple objectives a risk analysis should involve a detailed consideration of uncertainties such as risk sources, consequences, likelihood, events, scenarios, controls and their effectiveness.

Risk analysis can be undertaken with varying degrees of detail and complexity, depending on the purpose of the analysis, the availability and reliability of the information, and the resources available. Analysis techniques can be qualitative, quantitative or a combination of both, depending on the circumstances and intended use. Risk analysis should consider factors such as:

  • The likelihood of events and consequences;
  • The nature and magnitude of consequences;
  • Complexity and connectivity;
  • Time-related factors and volatility;
  • The effectiveness of existing controls;
  • Sensitivity and confidence levels.

A risk analysis is likely to be influenced by a wide range of variables, from any divergence of opinions, biases to perceptions of risk, from judgements, quality of the information used to the assumptions and exclusions made and any limitations of the techniques and how they are executed. These influences should be considered any risk analysis, documented and communicated to any decision-makers involved in the process.

It is important to remember that any highly uncertain event can be difficult to quantify, and this is an issue. If you find yourself in such a situation, using a combination of techniques generally provides greater insight. Risk analysis provides input to risk evaluation, to decisions on whether risk needs to be treated and how, and on the most appropriate risk treatment strategy and methods. The results provide insight for decisions, where choices are being made, and the options involve different types and levels of risk.

Risk evaluation

Risk evaluation can support your decisions. Risk evaluation involves comparing the results of the risk analysis with the established risk criteria to determine where additional action is required. This can lead to a decision to:

  • Do nothing further;
  • Consider risk treatment options;
  • Undertake further analysis to better understand the risk;
  • Maintain existing controls;
  • Reconsider objectives.

Any decisions should take into account the wider context and the actual and perceived consequences to external and internal stakeholders. The outcome of risk evaluation should be recorded, communicated and then validated at appropriate levels of the organisation.

Who should do risk assessments?

Well, by law, every employer must conduct risk assessments. Risk assessments should always be carried out by a professional who is familiar to risk, a person who is experienced and competent to do so.  Competence can be expressed as a combination of knowledge, awareness, training, and experience. Remember competence does not mean you have to know everything about everything, competence also means knowing when you know enough or when you should call in further expert help. 

 

Risk Assessment and ISO 31000

ISO 31000 was developed by hundreds of experts in risk mitigation, from thirty countries. This international effort produced a standard that is worldwide and represents best practices and leading operations for risk management. Organisations can trust that they are following a tested, robust standard to increase success. The standard converts risk management into a set of “friendly” and actionable – and straightforward to implement – guidelines, regardless of the size, nature, or location of a business.

> Find out more about ISO 31000 Risk Management and other standards now!

[/vc_column_text][accordion_father][accordion_son title=”About CRI Group” clr=”#ffffff” bgclr=”#1e73be”]Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.[/accordion_son][/accordion_father][vc_empty_space][/vc_column][/vc_row]

BS7858:2019: everything you need to know and more!

The recent update of the BS7858 standard, “Screening of Individuals Working in a Secure Environment – Code of Practice,” places emphasis on the risk assessment of secure environment workers. The code focuses on the need for tighter controls over the pre-employment screening – and periodic re-screening – of individuals, who in their positions could potentially benefit from illicit personal gain, become compromised, or take advantage of other opportunities for creating breaches of confidentiality, trust or safety.

What is BS7858?

BS7858 stands for “Screening of Individuals Working in a Secure Environment – Code of Practice,” The BS7858 is a code of practice released by BSI (British Standards Institution), a business standards company which supports companies in achieving excellence within their field, and continuously boosting performance. Introduced in 2013, the standard was updated in September 2019 and is now considered to be the industry standard for all screening in employment, despite its original intention for use in security environments only. This code was meant to provide a critical security standard that guided employers on the screening process for security staff before offering full employment. However, the new update has widened the scope of this code.

This British Standard helps employers to screen personnel before they employ them. It gives best-practice recommendations, sets the standard for the  screening of staff in an environment where the safety of people, goods or property is essential. This includes data security, sensitive and service contracts and confidential records. It can also be applied to situations where security screening is in the public’s interest. It sets out all the requirements to conduct a screening process. It covers ancillary staff, acquisitions and transfers, and the security conditions of contractors and subcontractors. It also looks at information relating to the Rehabilitation of Offenders and Data Protection Acts. CRI Group is the first and only investigative research company in the Middle East to receive the certifications BS7858:2019 and BS102000:2013, Code of Practice for the Provision of Investigative Services from internationally recognised training and certification body BSI. 

Change of scope

The change of scope is possibly the biggest change of the standard. In the old document, the standard concerned the security sector only. However, the scope has been amended to allow organisations in all environments to adopt the standard when employee screening. And due to the current pandemic, this update is more significant than ever. There is a specific section of the standard that relates to risk management which states: “An integral part of risk management is to provide a structured process for organisations to identify how objectives might be affected. It is used to analyse the risk in terms of consequences and their probabilities before the organisation decides what further action is required”.

BS 7858:2019 lays out the scope of “obtaining personal background information to enable organisations to make an informed decision, based on risk, on employing an individual in a secure environment.” Those workers include business owners, directors, partners, silent partners and shareholders holding more than 10% of the business; managers, area managers, department managers, screening managers and staff; installers and service crew; security personnel; and office supervisors and staff with access to customer and system records.

The amended guidelines of the standard put the onus on the organisation’s top management to demonstrate that they are focused on the aspects of the business where the most risk lies, and the particular personnel roles that are involved within those risks areas. This is particularly important because, as the standard states, the “organisation retains ultimate responsibility for an outsourced screening process and is required to review the completed screening file.” Risks assessment includes examining specific roles that involve financial tasks, data security, management of goods, property risks or any number of “people risks” such as roles with direct access to vulnerable adults and children.

To that end, management is charged with ensuring that the organisation has proper and adequate resources and infrastructure in place to manage the adequate vetting of high-risk personnel. Management is tasked with the response and that there is a firm commitment at the top level to manage and support the coordination required to execute the screening process. Finally, management is tasked with ensuring that such responsibilities are correctly assigned and communicated throughout the organisation. The guideline also eliminates from its original text in 2012, a requirement to produce character references as part of the screening process. This decision was based on the supposition that such references are now deemed as potentially weak and difficult to verify. Managing risk effectively is essential to ensure businesses succeed and thrive in an environment of constant uncertainty. ISO 31000 aims to simplify risk management into a set of clearly understandable and actionable guidelines, that should be straightforward to implement, regardless of the size, nature, or location of a business.

BS7858:2019, a new way to mitigate employee risk during COVID-19

The far-reaching impact of the COVID-19 outbreak has affected virtually every business and economic sector worldwide, and depending on the global region, has hampered (on various levels) the ability to conduct proper and thorough background screening investigations. In the United Kingdom and the United Arab Emirates, the countrywide lockdowns forced leaders to close sites and send their workforce home. Many are having to learn how to manged people working from home (WFH) or remotely for the first time. The previous concerns about productivity, privacy and protecting sensitive information only grew more with the practice of WFH. They highlighted the vital importance of pre-employment background screening and background investigations. BS 7858:2019: the revised Standard for screening individuals working in secure environments offers a complete solution.

The revised BS7858 standard enables organisations to demonstrate a commitment to safeguarding their businesses, employees, customers and information utilising widely accepted methods that focus on risk assessment and top-down management involvement in the company’s employment policies and practices. In establishing policies and procedures around the standard, organisations can show that they place a high value on hiring individuals who possess integrity. Organisations can then task them with responsibilities designed to keep their co-workers, customers and information safe from the opposing forces that have become more prevalent in today’s ever-changing COVID-19 world. Find out more on how you can mitigate employee risk during this pandemic with BS7858:2019.

Playbook BS7858:2019, everything you need to know and more!

The price of a bad hire has far-reaching consequences for any business, including productivity loss, decreased employee morale, risks to employee safety and increased exposure to costly negligent hiring claims and potentially devastating litigation. The premise behind the standard is to safeguard employers from harmful or fraudulent hires.

Cases of organisations that forego conducting due diligence on a new hire – especially a hire with high-risk exposure – often end badly for those organisations. At CRI Group we know how important is your background screening to your company’s success and to give you an idea of what is new we have produced this playbook detailing the differences between BS7858:2012 standard and the new BS7858:2019 standard.

BS 7858:2019 playbook: everything you need to know and more!

Download FREE BS7858 playbook

Managing your people through COVID-19

The COVID-19 pandemic is undeniable affecting the world. And the situation is changing at an hourly rate as we go into a second global lockdown. Businesses are having to adapt quickly to survive, i.e. cutting steps in their hiring process, and no-one knows how this will play out. However, there are ways you can mitigate the impact, learn how with this FREE ebook.

Taken as a whole, this ebook is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to stay ahead of COVID-19 effectively. Read the answers to the following questions:

  • How to turn the tide’ on coronavirus crisis?;
  • COVID-19 Action point checklist;
  • Background Screening: Essential Checks;
  • 6 steps for good practice in connection with COVID-19;
  • 11 Steps to Reduce Personnel Costs;
  • COVID-19 General advice;
  • How to remove any danger to your business during COVID-19;
  • … and more!
COVID-19 background screening and all you need to know | eBook | MockUp

Download your FREE playbook 

 

 

Frequently asked questions about background checks

Get answers to frequently asked questions about background checks / screening cost,  guidelines, check references etc.

This eBook is a compilation of all of the background screening related questions you ever needed answers to:

  • Does a candidate have to give consent to process a background check / screening?
  • How long does it take to conduct a background check?
  • When should I conduct pre-employment checks?
  • How often should I screen employees?
  • How to collect references and what to ask?
  • How much does it cost to conduct background checks?
  • What is the difference between employment history verification and employment reference?
  • How do I check on entitlement to work?
  • How to conduct identity checks?
  • What will a financial regulatory check show?
  • Is it possible to identify a conflict of interest during checks?
  • What is a bankruptcy check?
  • What about directorships and shareholding search?
  • Can I have access to a criminal watch list?
  • Anti-money laundering check?
  • Can we conduct FACIS (fraud and abuse control information system) searches?
  • … and MORE!
 

FAQ employee background screening | eBook | MockUp

Taken as a whole, is the perfect primer for any HR professional, business leader and companies looking to avoid employee background screening risks. It provides the tools and knowledge needed to make the right decisions.

DOWNLOAD THE EBOOK


Let’s Talk!

BS7984:2008 accredited companies (such CRI Group) highlight to their clients that their security personnel are staff that can be trusted and relied upon to complete a high-quality job as the screening process highlights the level of conduct that they have presented in the past. This reassures the safety of the people, goods and property that they have been hired to protect. If you have any further questions or interest in implementing compliance solutions, please contact us.

About the Author

Zafar I. Anjum, is Group Chief Executive Officer of Corporate Research and Investigations Limited “CRI Group” (www.crigroup.com), a global supplier of investigative, forensic accounting, integrity due diligence and employee background screening services for some of the world’s leading business organizations. Headquartered in London (with a significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center-QFC, and the Abu Dhabi Global Market-ADGM, CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, USA, and the United Kingdom.

Zafar Anjum, MSc, MS, LLM, CFE, CII, MABI, MICA, Int. Dip. (Fin. Crime), Int. Dip. (GRC)
CRI Group Chief Executive Officer
37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA, United Kingdom
t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com

Who is CRI Group?

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

CRI supports Fraud Week 2020

International Fraud Awareness Week, 15-21 November 2020 – and CRI Group is once again a proud Official Supporter of this global movement. Fraud Week was created to reduce the impact of fraud and corruption by promoting anti-fraud awareness and education.

Fraud statistics

Fraud is still increasingly common. Even when it comes to hiring employees, companies must be vigilant. CRI Group’s investigative team found that providing incorrect employment details is the most common red flag, as it was uncovered in about 4.5 per cent of background screenings. This is followed by providing incorrect education degree details as well as having adverse media (unfavourable news or online mentions), both at 2.33 per cent. Most employers would probably say that when it comes to educational background, the only thing worse than providing incorrect degree information would be outright claiming a fake degree – which occurred in nearly 2 per cent of cases.

> Read more in our article “Background Screening Red flags: Numbers Don’t Lie”.

In another survey conducted by CRI Group, which analysed how COVID-19 has impacted human resources and its functions, it was revealed that companies understand the fraud risk factor during the pandemic: nearly 77 per cent of HR professionals accept that there is a risk that employees can initiate fraudulent activity because of the work-from-home arrangement. Also, the shocking number of survey participants highlighted that they have encountered employee fraud in their career. Luckily, most companies do conduct background screening of some type. In fact, 85 per cent do so, which is important because many companies have learned that trust can be misplaced. While an overwhelming 92 per cent said they trust their employees with confidential data, background screening can help verify that your employees aren’t hiding anything in their backgrounds that might put your company at risk.

> Read more about the survey, as it provides valuable information for companies, employees, and human resources professionals and teams who serve them. It also sheds light on the critical need for increased employee background screening and data protection during a tumultuous time.

Some other stats to note (the following come from the ACFE):

  • The average fraud lasts 18 months before it is discovered. The longer a fraud lasts, the greater the financial damage (schemes that last for several years can cause hundreds of thousands of dollars).
  • The most common detection method for fraud is tips. And organisations that have reporting hotlines are much more likely to detect fraud through tips than organisations without hotlines.

All of the above indicates that the fraud issue is real and organisations must take actions to prevent the fraud risks for their organisations and even careers. For CRI Group, the goal is to help business leaders think about fraud and corruption this week and take steps to minimise it year-round. So, what is your organisation doing for Fraud Week?

Get involved in the Internal Fraud Awareness Week

Join CRI Group and ACFE in the fight against fraud. ACFE provides a great set of the following tools to go a step further in your role and to start discussions amongst peers, co-workers, executives and stakeholders in your community about how important fraud prevention is to society as a whole:

  • Post on social media using new badges and informative images with the tag #fraudweek
  • Add the new Official Fraud Week Supporter badge to your email signature.
  • Invite a CFE to talk to your employees and co-workers virtually on how to avoid common mistakes when preventing fraud.
  • Download the free Fraud Week logo to share on materials or websites.
  • Involve your local chamber of commerce or city council to spread tips on fraud prevention for small businesses.
  • Encourage your governor to issue a proclamation (.doc) declaring that your state supports Fraud Week.
  • Host a talk or seminar for your co-workers or community on regularly staying aware of fraud prevention best practices. You can post that event to share what you are doing on our events page.
  • Perform a fraud check-up for your organisation and present your findings to executives, as well as a proactive plan for how to remedy weak spots in your current controls.

How does CRI Group fight fraud?

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.

Fraud Week

[/vc_column_text][/vc_column][/vc_row][vc_section][accordion_father caption_url=””][accordion_son title=”2018 Fraud Week” clr=”#ffffff” bgclr=”#1e73be”]CRI Group proudly celebrates International Fraud awareness week and highlights that this occasion (called Fraud Week, for short) is an important effort to put a spotlight on fraud, help educate people about its perils and build a fraud-free future.

“Fraud Week reminds us that awareness is any organisation’s first line of defence against fraud and corruption, as properly trained employees will have a better opportunity to recognise the red flags of fraud, and a better understanding of their organisation’s zero-tolerance policy toward such behaviour”, Zafar Anjum, founder and CEO of CRI Group says.

“Fraud is everybody’s problem, and it cannot be prevented and detected if employees aren’t provided with the information they need to combat it. Providing a robust anti-fraud training program increases your company’s protection from risks of fraud and unethical behaviour. An ounce of prevention is worth more than a pound of cure.”

For CRI Group, though, helping organisations prevent and detect fraud is a year-round commitment. That’s why Fraud Week is a great time to reflect on CRI Group’s recent efforts in the fight against fraud, and to also look ahead to activities on the near horizon. Below are just a few of the highlights.

CRI Group is here to help and create a fraud-free future. Contact us today to learn more about our ABAC training and certification opportunities, our EmploySmart background checking process, our investigative services and other offerings.

 

Who is CRI Group?

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.[/accordion_son][accordion_son title=”2017 Fraud Week” clr=”#ffffff” bgclr=”#1e73be”]2017 International Fraud Awareness Week (also called “Fraud Week”) kicked off on Sunday and is in full swing. CRI Group is a proud supporter of this important initiative every year, and we encourage business leaders to take this time to consider all of their fraud prevention measures, including anti-fraud training for employees.

Does your organisation have a training program in place that addresses fraud, bribery and corruption? And, if so, how robust is your training? How often is it administered? And how do you know it’s working?

These are important questions, especially considering the fact that we know most fraud is discovered internally through employee tips. A recent case study is a perfect illustration of that.

Case study: Conflicts of interest

A major pharmaceutical company’s security department received conflict of interest complaints that reportedly involved a range of employees, from sales personnel on up to the chief financial officer (CFO).  The company engaged CRI Group to conduct an integrity due diligence and conflict of interest investigation in order to uncover unethical practices, including bribery and corruption, by senior employees.

CRI Group’s investigators quickly launched a risk assessment of the company’s third-party relationships, which included several interviews with identified vendors and suppliers to help ascertain the engagement process and associated risks.

Investigators found one of the vendors used letterhead that lacked a physical address, and the only contact information listed was a single cell phone number. Site visits, background checks and interviews helped determine that the suspicious vendor was not a company at all – but a single person, and he was none other than the brother-in-law of the client company’s CFO. Worse still was the fact that this obvious fraud was being conducted right under the noses of the company’s procurement and finance professionals.

CRI Group investigators discovered that the individual’s residence was being utilised as a warehouse to help facilitate the fraud. Comprehensive litigation records check with local and regional courts found that the subject was previously convicted in federal court and spent three years in prison for the charges of selling counterfeit products, physician samples and expired medicines; further regulatory checks found that his pharmacist license had been cancelled.

The fraud had continued for five years. However, the one thing that saved the company from further financial harm was the fact that employees had stepped forward to report unethical behaviour. If not for their action, the fraud could have continued indefinitely.

Fraud Week reminds us that awareness is any organisation’s first line of defence against fraud and corruption, as properly trained employees will have a better opportunity to recognise the red flags of fraud, and a better understanding of their organisation’s zero-tolerance policy toward such behaviour.

CRI’s Certification body, ABAC Center of Excellence provides employee training as part of the curriculum for a participating organisation. In fact, ISO 37001:2016 certifies that your organisation has implemented reasonable and proportionate measures to prevent bribery, and these measures involve training, top-level leadership, bribery risk assessment, due diligence adequacy, financial and commercial controls, reporting, audit and investigation.

Some key things to remember:

  • Anti-fraud training should be mandatory. This includes managers and executives, who should also receive special training regarding their position of responsibility.
  • Anti-fraud training should be an element of new employee orientation. After that, it should be provided to all employees on an annual basis, if not more frequently.
  • Training might be presented live (in-class), on video or online in an interactive format. The live class is preferred, as it allows questions and personal engagement. However, in today’s business world, some employees work remotely and an online format may be more feasible.

Fraud is everybody’s problem, and it cannot be prevented and detected if employees aren’t provided with the information they need to combat it. Providing a robust anti-fraud training program increases your company’s protection from risks of fraud and unethical behaviour. An ounce of prevention is worth more than a pound of cure.

Learn more about how CRI Group and the ABAC Center of Excellence can help you have a well-trained workforce serving as your front line of defence against fraud, bribery and corruption.

 

Who is CRI Group?

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business IntelligenceDue Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.[/accordion_son][/accordion_father][/vc_column][/vc_row][/vc_section]