Ransomware knows no bounds and planning for the inevitable attack is essential.
9.5M
The average annual cost of a data breach in the United States is nearly $9.5 Million, over double of the Global Average at $4.35 Million.
Believe it or not, the best and cheapest IT security is employee training! Even though we’re all familiar with statistics like this, only 53% of businesses have some sort of Security Awareness Training in place, and less than half of those enforce it.
80%
of all breaches are linked to a “human element”
Why is Employee Training the Best IT Security?
These 5 reasons demonstrate why employee training is not only the best security layer available, but the most cost effective.
1
It Works!
Research shows that the percentage of workers who opened malicious links in the past dropped by 20% when those employees engaged in consistent security awareness training for 6 months or more. An additional 3-6 months of training showed an even further decline.2
Culture of Security
Creating an environment that promotes modern security awareness has been the goal of many executives for quite some time, but difficult to achieve. The idea is to embed these values into the fabric of the business and newer approaches to training and policies are helping organizations move in the right direction.3
Customer Confidence
As businesses become increasingly aware of potential cyberthreats, so do their customers. Consumers want to feel safe and know they are secure when conducting business. Better security creates trust. Trust evolves into loyalty and ultimately, repeat business.4
Investment Fulfillment
Almost every business today runs with some means of hardware or technological defense. Most attackers are not attempting to break through a firewall – they find it much easier to target people as a means of entry. After all, those technological defenses are operated and managed by people! Without security awareness, businesses are not fully utilizing the potential of those defense investments.5
ROI
Preventing a ransomware attempt by being properly trained can make (or break) a business. Many businesses cannot afford the fallout of a “successful” ransomware attack. Additionally, companies see incremental ROI as well. Many organizations experience a decline in general support requests (such as debugging workstations and incident remediation) after regular cybersecurity trainings have been rolled out.The benefits of consistent security training have statistically proven to reduce security breaches. Overall, how many investments can provide company-wide protection, up-to-date education, and 3-5 times return? It starts with those behind the keyboards.
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