To lose thousands of rupees while attempting to save a few dollars is just foolishness. We often cut corners, which is why this happens. Background checks are one such area that is frequently disregarded. Although it has gained momentum, it has not yet reached the level of prominence that justifies being given that treatment. According to a study by the Economic Times, one poor hire may cost Indian businesses more than Rs 20 lakh! India is a significant target of cyber attacks. Within a business, more than 11.5 lakh cyber crimes were discovered and reported to Indias Computer Emergency Response Team in 2021 alone.