Companies must offer training and various development strategies to protect against cybercrime in the recruitment sector.
A leading talent management consultancy has undertaken analysis, carried out by its Global Compliance Function.
It found that cybercrime is one of the leading risks facing RPO firms and the wider sector over the next 12 months.
Awareness is absolutely paramount given the fact that, since 2016, the cost of cybercrime across all sectors has increased by a third.
Moreover, the analysis says ‘human-enabled insider threats’ are accounting for more than nine in 10 of all incidents.
Businesses, and SMEs in particular have been warned previously that they must do more to protect from breaches associated with cyber security, with a ‘worrying’ lack of planning for any potential hacking cited.
Paul Watters is the Global Head of Compliance at Alexander Mann Solutions. He believes the rise in digital makes it ever more crucial to protect data.
And he says strong strategies are key to improving organisational health and protecting business revenue.
He commented: “The recent boom in digital adoption and technological innovation means that opportunities to infiltrate company systems and data are increasing.
“Given the nature of our sector, and the volume of candidate information processed, it is crucial that we ensure that this data is well protected.
“However, while technology, of course, plays a significant role in defending against cyber attacks, staff training and development is crucial to success and education is key to preventing such occurrences.
“There’s no doubt that the world of global talent acquisition and management is becoming increasingly complex and cyber threats are just one of a number of risks that companies delivering in this space face.
“However, with strong strategies in place, businesses can improve their organisational health while protecting objectives, reputation and revenues.”
By adopting awareness, a company’s health could be vastly improved in the long term.