A landmark 2024 study comparing verified state records against regulated background checks revealed systematic failures across the industry.
Study: Lageson & Stewart (2024), Harvard Dataverse. Criminology 62(1), 5–34. New Jersey cohort
When decisions rely on fragmented, unverified data, false positives block the right people and false negatives let real risk slip through.
Enterprise security incidents from missed screening cost organizations an average of $2.3M per incident across legal fees, settlements, and operational disruption.
Source on file. Analysis of 200+ enterprise security incidents, 2023-2024.
Beyond immediate financial costs, productivity loss and partner penalties compound the damage while reputational damage cascades for quarters.