Businesses are facing adverse challenges in ensuring a safe environment at their offices where employees have less to worry about cybersecurity threats. In order to expand their work-spheres, companies are outsourcing to remote individuals. Where it brings convenience and cost-effectiveness, remote hiring brings a fair share of risks. With over 97% of the employees in favor of working from home, businesses need to strengthen their operations.
Companies are massively embracing identity verification services to protect their servers from breaches and restrict unauthorized access. AI-powered IDV solutions remotely verify workers by deploying advanced checks like real-time presence and liveness detection to decrease fraud risks. This blog provides details regarding how identity theft protection solutions enable businesses to overcome remote work challenges.
Identity Verification Services and Obstacles in Remote Working
Employees working within structured environments such as offices are easier to communicate with. Businesses use private and self-owned networks for in-house interactions which also reduces the need for identity verification. However, the case is different in remote employee hiring. These workers might be using different servers to access accounts and also several communication methods are easily hackable. Similarly, employees’ presence is hidden which further increases synthetic identity fraud risk.
The person requesting confidential data, authorization for payments, and login credentials can be an imposter. By the time the company will detect this suspiciousness, the fraudster will be far gone with all the crucial information. In such scenarios, identity authentication comes in handy.
AI-powered IDV solutions verify remote workers upon logging in and prior to accessing confidential details. Furthermore, it helps businesses stay put with Anti-Money Laundering (AML) and Know Your Customer (KYC) standards. In return, identity verification enables companies to protect their legit employees, servers, and databases from malicious hackers.
With a user-friendly interface, simple steps, and frictionless services, IDV solutions streamline employees’ digital onboarding processes. The system asks users to fill in a form with their Personally Identifiable Information (PII) that is later kept in records for future use. In the next step, employees upload their government-issued documents as supporting evidence.
For further security and accuracy, the identity authentication system asks for a real-time selfie or video depending on the requirements. More details regarding how remote work is driving the cruciality of integrating ID verification solutions are in the next section:
Employee Identification – Hackers Posing as Legit Workers
Remote work opportunities are providing more leverage to employees both in terms of access and freedom of tasks. However, they store personal, professional, and other confidential information on their devices. These gadgets are easily accessible by other family members or close relatives.
Unauthorized access is a result of identity theft that takes place when someone else logins to the device. This worse scenario not only exploits the security of legit customers but also makes the privacy of confidential company details vulnerable.
Identity verification services offer a variety of authenticity checks which also involve biometric identification. Combining login passwords with real-time selfie analysis adds an extra layer of security to remote working processes. As a result, AI-powered IDV solutions ensure the employee working in any location is the authorized person. Ultimately, ID verification with ongoing monitoring enables businesses to ensure efficient work management and keep track of employees’ logging in/out along with other activities.
Remote Hiring and Document Forgery
Manipulating information within identity documents is one of the most in-use methods by fraudsters to conceal their true selves. This later helps them steer clear of ID verification. To overcome this challenge businesses are moving forward to real-time video interviews by resorting to software such as Zoom, GoogleMeet, and Skype.
In case the employees opting for remote work present a fake profile with forged documents, identity theft protection measures can identify them. Furthermore, by using OCR technology, IDV solutions extract information without any discrepancy. These details are later analyzed and cross-checked by machine learning algorithms to unmask document tampering.
Spoofing Attempts to Camouflage Real-Time Presence
While businesses are integrating identity verification services for authenticating and communicating with remote employees, fraudsters are coming up with camouflaging techniques. By performing spoofing attacks, an act that involves the use of pre-recorded video or forged pictures, imposters easily steer clear of IDV checks.
Companies hiring and assisting remote workers need to integrate biometric identity verification systems. These advanced identification mechanisms provide 3D in-depth analysis of both liveness and selfies. This way, ID verification services also screen high-risk transactions and ensure secure communications.
Summarizing the Facts
Identity verification services provide proactive ways to counter fraudulent schemes that harm the security, integrity, and reputation of businesses. Companies outsource for remote hiring to cut down additional infrastructure costs but invite more challenges like privacy breaches. Hence, integrating AI-powered ID verification solutions not only makes remote working secure but also safeguards businesses from fraud risks.