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Predictive Risk Technology: Verensics

 

Threats to your business can come from every direction. We often think of crimes that we can’t see, like data breaches and theft, but what about the risks we can see? What about the people in your organization?

Many companies and HR departments rely on background information and references when hiring new employees. But these checks aren’t always accurate and, more importantly, they aren’t predictive.

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Imagine being able to identify risks BEFORE an incident actually occurs. Verensics is an Israeli based company that offers cutting-edge solutions and techniques in computerized pre-employment and screening tests. Their proactive analytics solution allows employers to gain meaningful insights about future and current employees by accurately identifying when a person is being dishonest or evasive.

Working in partnership with Israeli company IntegrityMeter, the Verensics solution was developed in Tel Aviv in 2006 by the former head of the Interrogation and Polygraph Division in the Shin Bet (Israeli Security Agency). The company is hoping to change the concept of traditional background checks for one simple reason: these checks will only show what someone has been, reportedly, caught doing in the past.

“Verensics has been working with Conexx since a very early stage in the company,” said Yariv Liss, Verensics Chief Strategy Officer and Founder. “The Conexx professional team and Guy Tessler have given guidance and helped our leadership team expand our goal in reaching out to the business community. We have learned that, through Conexx, you can expand your network in the most efficient way.

The Verensics solution is predictive. It can help companies gain a better understanding of candidate’s behaviors, tendencies and attitudes and how they will behave in the future. With Verensics, employers do not have to choose between security and efficiency. The Visible Risk Index (VRI) technology helps companies identify threats BEFORE they become headlines.

While the Verensics technology is completely custom, these are a few of the categories many clients have found useful:

  • Honesty / Integrity
  • Workplace violence/Harassment/Bullying
  • Bribery
  • Attitude towards alcohol/drugs
  • Employee theft (Property & Time)
  • Financial stability
  • Motivation / Withdrawal
  • Loyalty / Turnover

The VRI solution takes minutes to complete, has a 96% correlation with a polygraph test, provides a dashboard of results and if completely cloud-based – no hardware or software and no data is collected. The results reveal immediate and actionable insights, leading organizations to make faster, more meaningful and informed decisions.

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