Pindrop CEO Vijay Balasubramaniyan revealed that 16.8% of job applicants are fake, indicating a growing problem in workplace fraud. His company has shifted focus from voice security to employee protection and verification. Many scammers use professional interviewers from candidate farms in countries like Pakistan and India. In-person roles receive 100 applicants, while hybrid roles get 200, and remote jobs attract over 800 applicants. The growing presence of deepfake coworkers, particularly in IT, presents additional challenges for companies.
Even at Pindrop, a security startup generating more than $100 million in annual recurring revenue, they're finding that 16.8% of job applicants are fake-and the number is growing fast. He noted one recent call where the interviewee forgot to disconnect from Zoom and asked his handler to send a fake resume.
The biggest motivation is money. Balasubramaniyan points to candidate farms in places like Pakistan, India, and other spots where professional interviewers act on behalf of people who are just trying to get a job.
Deepfake coworkers-especially IT staff calling for a password reset-are becoming more common.
Corporate espionage may be one factor: 'We're finding one in 343 applicants is from North Korea.'
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