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Fraudulent Candidates Are On The Rise: What Employers Need To Know
Fraudulent Candidates Are On The Rise: What Employers Need To Know

Forbes

time6 days ago

  • Business
  • Forbes

Fraudulent Candidates Are On The Rise: What Employers Need To Know

Casey Marquette is a seasoned Fortune 50/200 security strategist & CEO at Covenant Technologies empowering elite technical recruiting teams. Recruiters have long been trained to spot red flags on résumés—gaps in employment, vague job descriptions and inflated titles. But today, these signs barely scratch the surface. A new breed of candidate deception is emerging, and it's more organized, technical and difficult to detect. According to CBS News reporting, fraudulent job seekers are using advanced digital tools to secure legitimate employment under false identities. Occasionally backed by sophisticated crime networks, these hires blend in seamlessly with remote teams, pass onboarding processes and draw in real salaries for weeks or months before anyone realizes something is wrong. The risk is significant. Reported in technology, finance and healthcare sectors, victims range from large enterprises to small firms without fraud detection. Regardless of industry, targeted companies face wage losses, data breaches, reputational damage and compromised team performance. Because the technology powering this deception is evolving quickly, HR leaders must adapt to keep fraud out of the hiring process. How Fraud Is Infiltrating Corporate Hiring Recent federal investigations have found that most job seeker hoaxes are targeting remote jobs, likely because the lack of traditional verification makes it easier to blend in. Coordinated criminal groups coach operators to assume false identities, providing fake diplomas, interview scripts and deepfake videos for impersonation. Other deception tactics include using voice modulation and remote desktop access to give off-camera answers during interviews. Once hired, these fraudulent operators attend meetings, submit work and gather data or introduce vulnerabilities. While individuals who commit candidate fraud aren't always malicious in intent, they create real problems. These are people who use résumé-writing software to embellish experience, fabricate previous roles or upgrade technical skill sets. In interviews, they rehearse AI-generated answers to common behavioral and technical questions. In April 2025, Business Insider reported on apps that provide entry-level and mid-career applicants with real-time talking points for interviews. During video interviews, fraudulent candidates may either read from a screen or repeat answers given to them through an earpiece. The result is a hiring process filled with individuals who appear qualified on paper and sound impressive in conversation, then struggle to perform in practice. Deadlines are missed, essential skills aren't demonstrated or plagiarized work products are submitted. These situations lead to team disruptions, productivity loss and increased recruiting costs to replace the unqualified hires. The reality is that many companies rely on outdated screening tools that weren't built to detect this kind of fraud. Basic résumé parsers reward structure and keyword density without evaluating substance. While some video interview platforms score candidates on surface-level qualities like articulation and tone, they lack the sophistication to recognize when a person is reading from another screen or receiving live assistance. When hiring teams use technology that was designed for speed and efficiency, not verifying authenticity, fraudsters are able to learn the scoring patterns. Then, with the right preparation, they can exploit the gaps in the systems. Organizations need advanced solutions that can detect offscreen assistance, monitor behavioral cues in real time and flag inconsistencies that human reviewers may miss. Strategic adoption can be a significant advantage for protecting teams and reputations. A Proactive, Layered Way To Protect Hiring Integrity Companies must adopt a layered approach that combines human intuition with advanced detection technologies to address the growing threat of candidate fraud. The solution isn't a single system or team. It's a connected effort across recruiting, HR and cybersecurity. • Invest in advanced verification tools. Hiring teams should bring in modern identity verification tools beyond document uploads. Biometric matching, liveness detection and government-issued ID checks can confirm whether the person on camera is real and matches the submitted credentials. These systems are essential for preventing impersonation during remote hiring. • Deploy AI strategically. Be intentional with AI usage. For instance, implement recruiting platforms that monitor candidate behavior during video interviews. The right tools can detect when someone is reading from another screen, receiving external prompts or showing signs of deepfake manipulation. They can also compare speech patterns, analyze reaction times and flag candidates whose delivery is inconsistent with natural interaction. • Avoid predictable interview practices. AI alone can't always decode when someone is providing false information. So, recruiters should lead with unscripted engagement. Asking about candidates' personal path, motivations or reflections on real-life scenarios can help determine whether they're drawing from authentic experience. • Verify at multiple stages. Confirming candidates' identity should be an ongoing process. Include checkpoints during onboarding and after hiring to check performance, monitor access and verify contributions. Anomalies in system use, drops in productivity or technical issues can indicate problems. • Lean on IT professionals' knowledge. Recognizing patterns across devices, networks and behavior is crucial for modern workforce risk management. This means collaboration between cybersecurity and HR teams is key. If fraudulence signals are shared across departments, a candidate who bypassed one check could be caught by another. The Future Of Talent Screening Requires Vigilance Fraud prevention in hiring cannot be an afterthought. Companies must adapt by combining innovative technologies with smarter processes that are woven into every stage of the candidate journey. This proactive, layered approach will better protect their teams, data and reputation during the growing wave of candidate fraud. Forbes Human Resources Council is an invitation-only organization for HR executives across all industries. Do I qualify?

Techugo, Your #1 Collaborative Partner For Stepping Into the World of Mobile Apps
Techugo, Your #1 Collaborative Partner For Stepping Into the World of Mobile Apps

Business Standard

time08-08-2025

  • Business
  • Business Standard

Techugo, Your #1 Collaborative Partner For Stepping Into the World of Mobile Apps

Businesses actively seek tech partners who can not only build an app or a website but also redefine their operational DNA. An expert who can unlock new revenue streams and propel them into the future. This is when Techugo takes the mega entry! A global leader in app development, headquartered in the IT Hub of India, Noida, has consistently delivered on this promise. Techugo is a 10-year-old established mobile app development company that offers comprehensive digital transformation services, including AI and emerging tech. The company's expertise spans various industries, catering to both private enterprises and government sectors in India. Architecting Tech Future Techugo is marked with significant project achievements and an expert team that contributes to industry thought leadership. Techugo's Services The company's core specializations encompass advanced technologies such as: Artificial Intelligence (AI) Blockchain development Internet of Things (IoT) Chatbot solutions AI agents UX/UI It offers robust mobile and web development capabilities, including expertise in: Android iOS React Native Flutter PHP/Node JS Ionic Wearable tech Furthermore, the company emphasizes meticulous UI/UX design and rigorous testing and Quality Assurance (QA) to ensure seamless user experiences and performance. Techugo tailors its expertise to address the challenges and opportunities within various sectors, including: E-learning Food and beverages Travel, tourism, and hospitality Healthcare Finance and fintech E-commerce and retail Astrology and yoga Social media and entertainment On-demand and quick delivery Transportation Sports Government services A prime example of this specialization is Techugo's role as a premier Generative AI Development Company. They go beyond generic AI services by offering solutions that can dynamically create new insights and strategies. Through their Generative AI Integration Services, they ensure AI directly contributes to core business objectives. Global Footprint Techugo operates across multiple locations, positioning itself to serve a diverse international clientele. Their operational hubs include: India USA UAE & Dubai Canada These key locations enable Techugo to offer around-the-clock service and localized support. From Fortune 500 to Government Impact Techugo's success isn't just theoretical. It's proven through tangible results and remarkable achievements. They have: Developed 1400+ applications for more than 150 clients globally. Collaborated with Fortune 500, Fortune 200, and Global 2000 companies, alongside leading future unicorn startups like Byju's, Verse Innovation, and Lifology. Helped 17 brands secure over $14 million in funding during the challenging COVID-19 pandemic, showcasing their apps' strong market viability. In total, apps built by Techugo have raised over $869 million in funding! Achieved a phenomenal 400% business growth, a testament to their effective strategies and client satisfaction. Supporting the livelihoods of over 100,000 dairy farmers from more than 3,000+ villages through the creation of Gyan Dairy. Created Joshcam, backed by Google and Microsoft, the app achieved an estimated $5B+ valuation. Collaborated with Prince Mohammad bin Fahd University, one of the top institutes in Saudi Arabia. Organized academic operations, aligning with Saudi Arabia's Vision 2030 goals. Developed TagMango, a startup that secured ₹5.5 crore in seed funding from Y Combinator and other investors. Built BuyEazzy that achieved 100% growth M-O-M with 75K+ new shoppers and raised $1.3M funding. Partnered with Software Technology Parks of India and contributed to software exports exceeding ₹6.29 lakh crore in FY 2021-22. Launched the Milkbun app across 6 countries in the GCC, which got registered under the World's 50 Best Restaurants. Most impressively, Techugo has made significant strides in the government sector. As the most trusted app developers, they have partnered with 28+ Indian Government projects. Some of which include: Ministry of Textiles Department of Social Justice and Empowerment Software Technology Parks Of India Indian Navy National Informatics Centre Department of Ex-Servicemen Welfare Central Electricity Authority Techugo's Excellence Shines Through Global Achievements Techugo has received multiple Clutch Award Badges, signifying consistent high performance and client satisfaction on a leading B2B ratings and reviews platform. Even on platforms like Upwork, Appfutura, and GoodFirms, the company holds high ratings. The company's position as an industry leader is solidified by its appearances in prominent business publications like Forbes, Entrepreneur, Fortune India, and Daily Star UK. Your Partner in Digital Evolution Awaits Choosing the right partner can make all the big difference. Techugo offers more than just development services! They offer a partnership built on expertise, proven results, and a deep understanding of market dynamics. They don't just develop apps but digital empires. Techugo remains steadfast in its commitment to innovation and client success. By partnering with Techugo, businesses can confidently transform their digital visions into market-leading realities.

Constellation Energy Corporation Declares Dividend
Constellation Energy Corporation Declares Dividend

Globe and Mail

time05-08-2025

  • Business
  • Globe and Mail

Constellation Energy Corporation Declares Dividend

The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.3878 per share on Constellation's common stock. The dividend is payable on Sept. 5, 2025, to shareholders of record as of 5 p.m. Eastern time on Aug. 18, 2025. About Constellation Constellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the nation's largest producer of reliable, emissions-free energy and a leading energy supplier to businesses, homes and public sector customers nationwide, including three-fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation's largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation's clean energy. We are committed to investing in innovative technologies to drive the transition to a reliable, sustainable and secure energy future. Follow Constellation on LinkedIn and X.

NextEra Energy to meet with investors at the end of May and throughout June
NextEra Energy to meet with investors at the end of May and throughout June

Yahoo

time29-05-2025

  • Business
  • Yahoo

NextEra Energy to meet with investors at the end of May and throughout June

JUNO BEACH, Fla., May 29, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that members of the senior management team will participate in various investor meetings at the end of May and throughout June to discuss, among other things, long-term growth-rate expectations. Investors and other interested parties can access a copy of the most recent presentation materials at NextEra Energy, Energy, Inc. (NYSE: NEE) is one of the largest electric power and energy infrastructure companies in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns one of the largest energy infrastructure development companies in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: . Cautionary Statements and Risk Factors That May Affect Future Results This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (together with its subsidiaries, NextEra Energy) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy's control Forward-looking statements in this news release include, among others, statements concerning long-term growth-rate expectations. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "believe," "intend," "plan," "seek," "potential," "projection," "forecast," "predict," "goals," "target," "outlook," "should," "would" or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, those discussed in this news release and the following: effects of extensive regulation of NextEra Energy's business operations; inability of NextEra Energy to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory, operational and economic factors on regulatory decisions important to NextEra Energy; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support clean energy projects or the imposition of additional tax laws, tariffs, duties, policies or other costs or assessments on clean energy or equipment necessary to generate, store or deliver it; impact of new or revised laws, regulations, executive orders, interpretations or constitutional ballot and regulatory initiatives on NextEra Energy; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy; effects on NextEra Energy of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal, state and local government regulation of its operations and businesses; effect on NextEra Energy of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy of adverse results of litigation; impacts of NextEra Energy of allegations of violations of law; effect on NextEra Energy of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, storage, transmission and distribution facilities, natural gas and oil production and transportation facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy resulting from risks related to project siting, planning, financing, construction, permitting, governmental approvals and the negotiation of project development agreements, as well as supply chain disruptions; risks involved in the operation and maintenance of electric generation, storage, transmission and distribution facilities, natural gas and oil production and transportation facilities, and other facilities; effect on NextEra Energy of a lack of growth, slower growth or a decline in the number of customers or in customer usage; impact on NextEra Energy of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from geopolitical factors, terrorism, cyberattacks or other attempts to disrupt NextEra Energy's business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low natural gas and oil prices, disrupted production or unsuccessful drilling efforts could impact NextEra Energy's natural gas and oil production and transportation operations and cause NextEra Energy to delay or cancel certain natural gas and oil production projects and could result in certain assets becoming impaired; risk of increased operating costs resulting from unfavorable supply costs necessary to provide full energy and capacity requirements services; inability or failure to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy's ability to manage operational risks; effectiveness of NextEra Energy's risk management tools associated with its hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation operations on sale and delivery of power or natural gas; exposure of NextEra Energy to credit and performance risk from customers, hedging counterparties and vendors; failure of counterparties to perform under derivative contracts or of requirement for NextEra Energy to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy's information technology systems; risks to NextEra Energy's retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in over-the-counter markets; impact of negative publicity; inability to maintain, negotiate or renegotiate acceptable franchise agreements; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy's ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with ownership and operation of nuclear generation facilities; liability of NextEra Energy for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy's owned nuclear generation units through the end of their respective operating licenses or planned license extensions; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy's ability to fund its liquidity and capital needs and meet its growth objectives; defaults or noncompliance related to project-specific, limited-recourse financing agreements; inability to maintain current credit ratings; impairment of liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy's defined benefit pension plan's funded status; poor market performance and other risks to the asset values of nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy's assets and investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy's performance under guarantees of subsidiary obligations on NextEra Energy's ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy's common stock, as well as the dividend policy approved by NextEra Energy's board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy's board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; XPLR Infrastructure, LP's inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy's limited partner interest in XPLR Operating Partners, LP; effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy's common stock; and the ultimate severity and duration of public health crises, epidemics and pandemics, and its effects on NextEra Energy's business. NextEra Energy discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2024 and other Securities and Exchange Commission (SEC) filings, and this news release should be read in conjunction with such SEC filings. The forward-looking statements made in this news release are made only as of the date of this news release and NextEra Energy undertakes no obligation to update any forward-looking statements. View original content to download multimedia: SOURCE NextEra Energy, Inc. Error while retrieving data Sign in to access your portfolio Error while retrieving data

Coupang Partners with the Department of Commerce's International Trade Administration to Help American Businesses Sell Overseas
Coupang Partners with the Department of Commerce's International Trade Administration to Help American Businesses Sell Overseas

Business Wire

time23-04-2025

  • Business
  • Business Wire

Coupang Partners with the Department of Commerce's International Trade Administration to Help American Businesses Sell Overseas

SEATTLE--(BUSINESS WIRE)--Coupang, Inc., a U.S. technology and Fortune 200 company, today announced Rocket Pitch, an innovative opportunity for U.S. sellers to pitch and sell consumer goods overseas. Coupang, which drives the sale and export of $4 billion annually in U.S. products, is partnering with the International Trade Administration to open new revenue streams abroad for American companies. 'Over the past decade, Coupang has simplified the process to enter global markets, and this program is just one more way that we help American companies grow,' said Jonathan Burks, Coupang's Vice President of Global eCommerce. Share U.S. businesses and suppliers can register now through April 30 for a chance to pitch U.S.-made products at a virtual event co-hosted by Coupang and the International Trade Administration's U.S. Commercial Service. Selected participants will secure instant purchase orders from Coupang and receive expert guidance from U.S. Commercial Service trade specialists. Coupang's retail team will also offer assistance with marketing, translation, logistics, customs clearance, last-mile delivery, customer service and returns. Outsized Opportunity in Korea for U.S. Businesses U.S. businesses recognize the lucrative opportunity to launch e-commerce products in South Korea. The country ranks as the fourth largest e-commerce market in the world, with 98% of South Koreans aged 20-39 shopping online. Coupang's innovative technology and fulfillment infrastructure enables it to offer same-day, next day and delivery by dawn for orders placed before midnight. 'Coupang makes global expansion easy for U.S. sales partners of any size, and we have all the tools you need to be a success at cross-border trade,' said Jonathan Burks, Coupang's Vice President of Global eCommerce. 'Over the past decade, we have simplified the process to enter global markets, and this program is just one more way that we help American companies grow. Coupang is partnering with the U.S. government to support entrepreneurs, power exports globally and leverage the innovative assets that Coupang is driving throughout the United States.' Rocket Pitch Details The U.S. Department of Commerce's ITA, U.S. Commercial Service, and Coupang formed a strategic partnership to support American businesses and streamline exports through the Rocket Pitch program. It will focus on key product categories including food and beverage, health supplements, baby care, sports nutrition, and personal care products. Selected participants will be invited to make their pitch virtually May 21-22. For more information, visit Rocket Pitch. About Coupang Coupang is a technology and Fortune 200 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play and Farfetch.

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