job seekers fail to exercise the necessary caution when engaging with potential frauds posing as employers or recruiters, the report by workforce staffing and HR services provider Genius Consultants said.
The report by Genius Consultants is based on a survey of 1,427 employees across sectors including FMCG, Technology, Manufacturing, Telecom, E-Commerce, Logistics, Real Estate, and BFSI (Banking, Financial Services, and Insurance).
Further, the report revealed that while 28 per cent of respondents believed that there have been serious steps taken by the government or regulatory bodies to curb such frauds, a significant 55 per cent disagreed saying there has been inadequate efforts and a lack of stringent measures.
Over 87 per cent respondents believe that job frauds are largely perpetrated by scammers who exploit the job market for their financial gain, while only 7 per cent pointed to hackers as the primary source of fraud, highlighting the difference between traditional scams and cybercrimes, said the report.
This suggests that job frauds are often more personal and deceitful, relying on manipulative tactics to lure candidates into fraudulent schemes, it added.
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