Human error is the cause of a majority of data breaches so even if your cybersecurity is top notch, your business is ...
Human error is the cause of a majority of data breaches so even if your cybersecurity is top notch, your business is still at risk. Security awareness training is an important part of your cybersecurity that should not be overlooked.
1. Reduce Risk
In a recent study, 80% of organizations said that security awareness training had reduced their staffs' susceptibility to phishing attacks. That reduction doesn't happen overnight, but it can happen fast — with regular training being shown to reduce risk from 60% to 10% within the first 12 months. We have seen the improvements with our clients happen quickly and dramatically. When we first implement training and start phish testing, the fail rates will often be higher than the business owners and executives think they are going to be. But within a couple of months, we are able to show reports of great improvement among their teams.
2. Compliance
Many industries have regulations in place that require proper cybersecurity measures. This includes training employees on how to handle sensitive information and how to respond to cyber attacks. Failure to comply with these regulations can result in legal consequences and damage to the company's reputation. In some industries training is already required in order to qualify for cyber insurance. It won't be long before it is required of any business to be able to be insured.
3. Reduce Operational Costs
Cyber attacks can be costly, both in terms of financial loss and damage to a company's reputation. By investing in cybersecurity training, businesses can help prevent these attacks and mitigate their impact if they do occur. This can save the company money in the long run and help maintain customer trust. And because the cybersecurity training we use costs around $3-$5 per employee, per month, it is so affordable, you reduce costs without a huge monthly spend.
4. Improve Situational Awareness
One of the biggest threats facing businesses today is data breaches. These can result in the loss of sensitive information, financial loss, and damage to the company's reputation. Proper cybersecurity training can help prevent data breaches by teaching employees how to identify and respond to suspicious activity. It is a simple fact, if something is top of mind, you are more likely to think about it on a regular basis. If you know that you are being tested for phishing emails, you are more likely to be very careful when clicking on links and opening attachments.
5. Protecting Data and Assets
Customers trust businesses with their personal information, and it's the responsibility of the business to keep that information safe. Cybersecurity training can help employees understand the importance of protecting customer data and teach them how to handle that data securely. Your data and your customer's data are your most valuable resources. If you lose those, you are at risk of losing it all.
To learn more about the Cybersecurity training program we use for our clients, check out our page: https://cloud-cover.me/phishing-testing-and-training
