Sep 16, 2026 · 23 min · 10 segments
The wrong hiring decision, at best, lands you with someone who’s not up to the job. But what if it’s worse than that? What if that person is looking to exploit the opportunity, taking advantage as an…
Wayne HaynesGuest
Rachel TiffinGuest
Guy RuddleHost
I mean, in terms of the recruitment process and everything, does this go beyond people just exaggerating their CVs and things like that? How big a problem do you think this is?
And it really ranges from when you're recruiting somebody all the way through to them being employed by you and offboarding them.
If I try and put it into context in terms of CIFAS, insider threat went up hugely in terms of filing to our databases last year.
What are people, do you think, Wayne, trying to do? You know, in this area, you know, in terms of bad actors, what are they trying to achieve?
The compliance world and trying to get certainly into the financial sector because of the increasing compliance procedures and methods.
We'll try and get somebody into a firm, whether that's a bank, whether that's an investment firm, whether it's a supply firm, whether it's a public sector firm like a council or the National Health Service.
If they can get somebody on the inside and get them to be a really good member of that team for a while, and then when they're ready, they'll turn them into something that they can then use.
I mean, I'll provide you with an example back in my law enforcement days where we was approached by the fraud investigator for a well-known UK high street bank who had identified that three employees at three separate branches who had been with them for a number of years were really good employees, no problems whatsoever.
for a couple of years and then they started to realise that actually they were accessing data that they shouldn't have and that they were identifying anomalies that they're thinking this doesn't look right so they brought it to my team's attention and when we had a closer look All three were members of a family that were an organized crime group that were renowned to be involved in fraud, money laundering.
This was a plan where they'd got somebody into the bank with the intention of harvesting data so that these individuals could then carry out career fraud and romance fraud.
I mean, in terms of the recruitment process and everything, does this go beyond people just exaggerating their CVs and things like that? How big a problem do you think this is?
And it really ranges from when you're recruiting somebody all the way through to them being employed by you and offboarding them.
If I try and put it into context in terms of CIFAS, insider threat went up hugely in terms of filing to our databases last year.
What are people, do you think, Wayne, trying to do? You know, in this area, you know, in terms of bad actors, what are they trying to achieve?
The compliance world and trying to get certainly into the financial sector because of the increasing compliance procedures and methods.
We'll try and get somebody into a firm, whether that's a bank, whether that's an investment firm, whether it's a supply firm, whether it's a public sector firm like a council or the National Health Service.
If they can get somebody on the inside and get them to be a really good member of that team for a while, and then when they're ready, they'll turn them into something that they can then use.
I mean, I'll provide you with an example back in my law enforcement days where we was approached by the fraud investigator for a well-known UK high street bank who had identified that three employees at three separate branches who had been with them for a number of years were really good employees, no problems whatsoever.
for a couple of years and then they started to realise that actually they were accessing data that they shouldn't have and that they were identifying anomalies that they're thinking this doesn't look right so they brought it to my team's attention and when we had a closer look All three were members of a family that were an organized crime group that were renowned to be involved in fraud, money laundering.
This was a plan where they'd got somebody into the bank with the intention of harvesting data so that these individuals could then carry out career fraud and romance fraud.
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