Foresight Blog

The Anatomy Of A Risk Report

Any leader who is serious about mitigating risk in their organization knows that it’s their employees, volunteers, and close partners who are capable of causing the most damage.

Public records databases like Foresight aggregate the most important information on an individual in order to provide a 360 degree view of that subject. Simply put, we take seemingly disparate data and piece it together into a meaningful report that clearly identifies any red flags.

But what does this report contain, and why does it matter?

The information in a risk report can be broken into three main categories:

1. Identity Verification

How do you know that an individual is who they claim to be? Your entire investigation into their background could be compromised if you are looking into the wrong person. In a time where identity theft runs rampant, the information contained within the identify verification section of the report is a crucial starting point. This includes:

  • Possible aliases
  • Death records
  • Marriage status
  • Age
  • Gender
  • Education background

2. Location/Contact Information

The location and contact information section of a report reaches back to include previous addresses as well as a current address. In the case of a prospective employee, an address history can help confirm or challenge the candidate’s alleged employment history. For example, if the individual claimed to have worked for the Boston Red Sox but never lived on the east coast, this would trigger a red flag.

In addition to address history, this section of the report includes:

  • Detailed property information
  • Possible relatives
  • Current neighbors
  • Email addresses
  • Common residency

3. Criminal/Delinquent Activity

This section of the report has the most obvious application when determining the riskiness of an individual’s background. Criminal offenses can easily be missed when conducting a standard state-provided background check, since not all states share court records with one another. A database that has national scope is able to more comprehensively identify threats, especially when dealing with individuals who have moved around frequently.

The information recorded here includes:

  • Criminal/Sex offender record check
  • Civil actions
    • This may include
      • Bankruptcies
      • Judgments
      • Liens
At the end of the day, you will have to use both data and intuition to make the right hire, partnership, or to bring the right volunteer on board. Don’t overlook the importance of a good “gut check” paired with the most accurate risk report possible.