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Using best practices, we proactively protect your organization from becoming a victim of cybercrime.
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Typically, executives may imagine deploying sophisticated intrusion detection, and prevention technologies as the ultimate recourse to malware and supply chain attacks. Employee cyber awareness training is still the most effective strategy. Cybinit estimates that 95% of cyberattacks originate from human error. That means that a cyber-informed staff can catch 90% of data breaches.
Here’s the thing—your employees are the most vital defense line against cyber attackers and inarguably also the weakest link. So, as you invest in those complex data security and technologies, you should always ask yourself: How well can my staff understand and use these technologies? Otherwise, you might deploy expensive, sophisticated systems and remain vulnerable.
A few years ago, cyberattacks were non-issues to businesses. They involved simple hacks on personal gadgets where the bad guys solicited a few dollars ransom. Fast-forward to today; data breaches are every executive’s headache.
According to Accenture, cyberattackers have increased by 67% since 2014. But it’s not the volume of breaches that is the gravest concern; the attacks have also become increasingly expensive. IBM approximates that a full-scale data breach can cost your business up to $3.86 million per incident. Cybersecurity Ventures further estimates that cybercrime costs the global economy over $6 trillion annually. The U.S. government and individuals have lost over $97.39 million to stimulus checks and COVID-19-related scams.
These figures explain why most organizations and governments have increased investments in researching and mitigating cybercrime. According to Atlas VPN, the government allocated approximately $18.78 billion for combatting data breaches last year. A projection by Gartner forecasts that the global data security market will reach an all-time high of $170.4 billion by the end of this year.
Everybody is allocating more money towards combating cybercrime. The bad guys have redefined how they attack. They’re now going after negligent staff.
According to PurpleSec, over 90% of data breaches rely on social engineering. These are cyberattack vectors that dupe users into revealing critical data. Some of the typical employee negligences include:
A thorough staff cyber awareness training program should prepare your staff for intrusion detection and prevention. Some areas you can focus on include:
Cyber awareness training shouldn’t be a onetime thing; you should occasionally retrain your staff to keep them current with emerging threats. Launching simulated attacks occasionally might also help measure readiness levels and identify areas that need more training.
LeadingIT offers 24/7, all-inclusive, fast, and friendly technology and cybersecurity support for nonprofits, manufacturers, schools, accounting firms, religious organizations, government, and law offices with 10-200 employees across the Chicagoland area.
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