Finance Monthly April 2020 Edition

following an employee through the security barriers into the lift and through the security-controlled doors to the office. It was a success and we were in! The penetration tester walked around the entire open-plan office with purpose, completely unchallenged. Some employees even acknowledged him with a ‘morning’. He then continued to view unattended open computer monitors, whiteboards with sensitive information displayed and other areas of sensitivity before exiting as he entered. One of the recommendations within our final report was for a TSCM (bug sweep) to be conducted leading to a number of devices being identified. How common are these cases in the UK? The use of penetration testing and TSCM is commonplace within the workplace, particularly those businesses that work within sensitive industries or who have a high staff turnover/temporary staff. We deploy expert teams all over the country daily, conducting these services. What are the costs to UK businesses in relation to absenteeism and how do you investigate it? Titan Investigations works closely with HR departments nationwide to evidence instances of non-genuine absenteeism within the workplace. Whether that is an employee who has suffered a genuine or non- genuine injury, and the effects are believed to be exaggerated in order to justify the extended absence; or perhaps an employee who is on sick leave and is believed to be working elsewhere. We’ve seen it all. Non-Absence Costs Planned Absences Incidental Absences Extended Absences Non-Absence Costs Planned Absences I cidental Absences Extended Absences on-Absence Costs lan ed Absenc s Incidental Absences xtended Absences HOW MUCH IS ABSENCE COSTING YOU? Number of employees 1,000 Annual Average Salary £27,000 Total Payroll £27,000,000 Absence Costs Planned Absences: £7,020,000 Unplanned Absences: £1,566,000 Extended Absences: £783,000 Estimates Cost of Absence: £9,369,000 65.3% 26% 5.8% 2.9% BANKING & FINANCIAL SERVICES - CORPORATE INVESTIGATIONS 32 www.finance-monthly.com