Importance of maintaining confidentiality in Background Screening
Background screening companies are known to be very sensitive companies and thus their importance of maintaining confidentiality in Background screening increases. It is considered to be important as directly three parties are at risk with the loss of one data and they are, the employer who’s data would be leaked, the company for which that employer works and the Background screening company itself. Indirectly, it affects the privacy of the employer, profits of the company and the credibility of the background screening company in the market.
Now, what is Background screening?
A process by which a person’s validity is being checked by a company is known as a Background screening. To see if the person is speaking the truth or not the procedure here follows by seeing the person’s criminal records, education, employment history and various things from the past. The employer of the employee who has applied for the job and is being selected for the same does the job. Keeping in mind about workplace safety and to know that the person they have hired can be trusted, these things are done by the organisation. Few private companies provide these services and there are a variety of methods to do so now. It is done via comprehensive database search or by personal references, etc.
Here are some Importance of maintaining confidentiality in Background Screening
1. Loss of personal data
If by chance an employee loses its personal data by the hands of these background screening companies, not that it will put him on risk and his privacy would be breached but it will put everyone around him at risk. To start with organisations, the cost of loss of personal data of an employee would be of great help for the rival companies and it will give them an edge over the internal matters of the organization. Loss of personal data will not cost the employee its job, his/her partner and all the family members will be followed by the risk factor involved. And his financial position, personal relationships, equation with people or in the worst case, Bank details would be out in public for them to be misused by some people eagerly waiting to destroy his /her position in the market.
2. The organization would be at risk
When an organization’s employees data would be lost, the next thing that would be at the highest disadvantage is the organization he/she works or the organization would be at risk because there are possibilities that the person would spill the secrets of the organization and that would be a win-win situation for the rival companies. From this data loss, it is the rival companies who enjoy the most benefit if it manages to get the employee in its favour by asking him or her to protect his or her privacy if that person tells anything related to the organization he or she used to work in. Data security is very important for any company and for it to know that the privacy of its company or any person associated with the company has been compromised, it is a direct threat to the company’s overall existence or you can say that the organization would be at risk and this situation a lot of times benefits the opposite party.
3. Affects the market position of the background screening company
In this data loss situation, the company who would be at the highest disadvantage is the company that is involved in this data loss and because of which 3 party’s trust is being compromised and it directly affects the market position of the background screening company. So much so that there is a very high possibility that the company has to shift its market. We live in an era where the most important things are the user’s data. And this market is very sensitive. So someone’s data loss or misplaced in any case is like inviting troubles for the background screening company. There could be a lot of thing at stake with one privacy breach and it is even punishable under the law. And most importantly, it badly affects the market position of the background screening company and its credibility will be often questioned even if it manages to pull itself out of that situation.
4. To ensure the loyalty
Data security has gained a lot of importance in current time and for all the right reasons as data theft, data being misplaced, data being used by someone who is not supposed to have that information, data in wrong hands, etc issues like these have also risen. Thus, to ensure the loyalty data confidentiality is to be maintained by the background screening companies who regularly indulge in tasks such as handling data, receiving data, sending data, managing data, etc. And to ensure the loyalty towards the organizations it works for, these steps are to be done with much-needed security and to ensure that safety measures are met, background screening of their own employees becomes one of the important steps to make sure that data don’t go into wrong hands. These things are done for the greater good and for the betterment of everyone in the market to function smoothly.
5. Data in wrong hands
Consider this case if the data in wrong hands are being put. Example, If I am the person who has the personal grudge against the person X working in ABC company, I will deliberately take up the job in the background screening company where I’ll know that the personal data of that person X would be here because he works in ABC company and ABC company gets the background checks done via this company that I have deliberately taken the job in. Now just imagine what if he has a deal with the rival company and both the parties have mutually decided to completely destroy their rivals and team up against them.
Here that we can see, the consequences of such an act are not just limited to the person but the organization he is working in and the people he would be associated with. This is the power of data and wrong usage of it. To prevent things like these from happening, data in wrong hands are also prevented.
6. Protection of business information
In background screening, access of data is not only limited to the employee’s information but sometimes an organization’s personal data as well. Background screening company has to ensure the protection of business information of the organization and of the people associated with it in order to protect the interest of all the parties and better functioning in the market.
Protection of business information also becomes necessary as if by chance data theft or data misplaced is being charged on the company, it becomes punishable under the law and different states have different laws for the same. And most importantly, it a personal loss for the company, if it is ever involved in cheating as it is a very sensitive business and trust once gone, can not be restored and the goodwill of the company is also to be achieved from 0 which is really a difficult task as in the market the longer you stay, the more you will gain is practised.
And if that chain is broken for once, all the hard work in terms of goodwill is lost and that loss has to bear by the organization in the long run.
7. It affects the profits of the company
There is no doubt in the fact that if in any situation market is not supporting the existing company, it affects the profits of the company. The Importance of maintaining confidentiality in Background Screening is not only limited to an organization or it’s employees that background screening company works for but its profits as well. So, it becomes essential for these companies to handle these sensitive data with the utmost care and not to place them in wrong hands as the sheer responsibility of the data is in the hands of background screening company so anything related to data becomes necessary for them to know. It affects the profits of the company.
Here we end our list of Importance of maintaining confidentiality in Background Screening and we hope that you got the slight idea of why confidentiality holds so much value and its purpose is not just limited to background screening but much more in life. Now that you have you read till the end, we would like to presume that you have liked this blog and if you liked it, please don’t forget to share it with your employers, bosses or even employees for them to the importance of their data.
Thank you so much!
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