Insights & Industry Trends 2020–2025 | Powered by Vryfide Intelligence
Between 2020 and 2025, India has witnessed a steady increase in background verification discrepancies — especially in technology, financial, and gig sectors. The average discrepancy rate across industries now stands between 32% to 48%.
Fraudulent resumes, identity forgeries, and fake work experience have become major challenges for recruiters. As organizations shifted to remote hiring post-2020, digital document tampering and AI-aided forgery rose by over 60%. Platforms like Vryfide are now helping employers conduct real-time and tamper-proof background verification using blockchain-backed trust layers.
Estimated percentage of employees found with background verification discrepancies across major industries:
| Industry | Discrepancy Rate | Common Issues |
|---|---|---|
| Information Technology | 45–58% | Fake projects, inflated designations, fake degrees |
| Finance & Banking | 38–52% | Forged ID proofs, fake NISM certificates, false experience |
| Healthcare | 22–40% | Fake medical licenses, wrong employment dates |
| Manufacturing & Logistics | 48–65% | Fake references, duplicate PAN/Aadhaar usage |
| Retail & Hospitality | 28–45% | Job title mismatches, fake past employers |
| Education & Training | 18–35% | Fake degrees, tampered mark sheets |
| Gig / Delivery / Ride-hailing | 30–60% | Fake IDs, reused documents, criminal record mismatches |
Vryfide Insight: Over 60% of companies that faced major fraud incidents lacked structured verification frameworks. Continuous verification reduces risk by up to 78%.