Employee Monitoring as Inevitable Necessity

FACTS ABOUT EMPLOYEE THEFT THINK YOU CAN MAP EMPLOYEE'S BRAIN? Social Resume Profiles Personal Talent acquisition remains Interview critical but the road is bumpy. Qualification Businesses face employee theft facts despite proactive hiring, strategic HR strategies, referrals, Referrals IJP (s) and using predictive technology of big data. Background Check Resume fraud costing businesses an estimated $600 billion annually. 54% of candidates submitted false information on their resumes. 70% of college students say they lied on their resume. 200% increase in online background company but only a few are legit. HR can't determine prospect's honesty, character or real intent. Tip you can't size up your employee for consistency, so monitor them! INCREASED OFFSITE EMPLOYEE ACCESS TO MOBILITY Field Employee Office Employee Manager 64% of firms in North America are providing for mobility support for employees. 76% of employees access company intranet on smartphones and 63% on tablets. 47% of employees watch videos on smartphones and 33% on tablets. 50% of employees take work related photos/videos on smartphones and 27 % on tablets. NOT ALL MONITORING METHODS ARE EFFECTIVE GPS POOR ACCESS MANAGERS CC TV INFO. IN TRACKING IN CARS TRACKING WHO DON'T CAMERA SOFTWARE WRONG CARE HANDS > US companies lose $200 billion per year in IP theft. > 37.1% of total thefts are committed by managers. > 29% of total thefts are employees stealing business ideas. EMPLOYEE CRIME ON THE RISE $50 billion is stolen annually by employees of US businesses. 75% of employees have stolen at least once from their employer. 33% of business bankruptcies are caused by employee theft. 7% of annual revenue is lost due to theft. SMS 2 Years is the average time before office fraud is caught. 90% of small and midsized business don't have IT supervisors and business can run into fraud, IP theft & sabotage. EEE 50% of employees admit to emailing business documents to personal email accounts. CASE STUDY A dishonest employee in the Los Angeles County Dept. of Public Social Services pled guilty to filing fraudulent refunds using the company computer system. between July 2009 through the 2011 tax year. The IRS found 44 pages of screen shots taken with the information of 132 assistance participants in e activity occurred the employee's home. The employee's spouse and three others were also involved. An insecure intern in the Brentwood Primary Care clinic located in Jacksonville, FL, was caught using a cell phone to illegally photograph patient's social security numbers and other information. He sent the photos to a friend for fraudulent activity and was later caught. Solutions from Employee Theft - Don't hire in haste or in tension v Include a structured interview instead of an unstructured one. v Background checks are a must and implement a data protection policy. v Think about it – the threat of employee theft is real. v Ongoing employee monitoring is the key to protect businesses! MOBILE SPY SNIPERSPY phonesheriff SMARTPHONE MONITORING SOFTWARE Cutting Edge RemoteSpy Solution MONITORING AND FILTERING FOR SMARTPHONES Sources http://www.ibtimes.co.uk/articles/470521/20130523/china-hacking-intellectual-property-theft-cyber-crime.htm http://www.sourcecon.com/news/2013/03/20/how-technology-and-data-has-changed-and-is-changing-the-recruiting-process/ http://www.cpai.com/risk-management/employergard/resume-fraud.jsp http://www.squidoo.com/background-check-reviews http://business.financialpost.com/2013/02/21/data-theft-as-much-an-internal-threat-as-it-is-external/ www.ciscosytems.com http://www.statisticbrain.com/employee-theft-statistics/ http://thehill.com/blogs/congress-blog/technology/304231-stop-thief-time-to-limit-us-ip-theft- http://www.cxotoday.com/story/enterprises-should-gear-up-to-protect-ip-theft-symantec/ www.privacyrights.org/data-breach