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The Hidden Cost of Cyber Security Training: Why Ignorance Could Bankrupt Your Business

Any kind of training for staff members can be costly. The expense of purchasing the required supplies and the time lost from having staff members engage in revenue-generating tasks are borne by you. The cost you’ll have to pay if your cyber security training is unsuccessful, however, is harsher.

According to recent studies, human error is a factor in an astounding 90% of data breach incidents! Proactive business owners are educating their staff on cyber security best practises and cautions. Although we commend them for their efforts and urge all owners to follow suit, data indicates that their efforts aren’t being successful. Even with their desire to provide employee training, the quantity of data breaches is rising.

Why is that? Let’s get right to it: cyber security training isn’t always exciting. What transpires during dull presentations, too? People who aren’t interested in what you’re doing will tune out and overlook important information that will keep your business safe. They conclude the lecture by stating that they have learned the lessons, but are they actually a ticking time bomb in your company?

The latter is probably accurate. There are a few more things you need to do if you want the information to stick, and testing them is the most crucial!

Interactive exercises are six times more effective than listening to a lesson in terms of helping students learn and retain the information, claims Education World. This strategy can be implemented by testing staff members to see if they can apply the knowledge they have gained.

The use of phishing simulations is among the most effective methods for this. 

This is how the process operates:

  1. A third party crafts a convincingly phony phishing email that exhibits the telltale symptoms covered in the training. Creating an email that seems like the CEO asking for confidential information, an outside organisation providing a malicious link, etc., are some examples. You can alter it to appear like something relevant that your staff members would view and mistake.
  2. After that, the staff members are tested. You get to decide which staff members will receive which links and when the emails are sent. Will they be able to spot the dangers or will they be duped by them?
  3. The findings are compiled and distributed to you in order to create more thorough training programmes and assist you in determining which individuals pose the greatest risk to your company to offer targeted coaching.

 

Sending out the exams prior to the training is another excellent approach to use phishing simulators. Employees are more likely to remember the lesson when they witness mistakes being made by others in the organisation.

Teaching only the facts is insufficient! To be efficient and maintain the security of your company, it needs to be understood and put into practise every day.

To provide you peace of mind knowing that your staff is trying to keep your business safe, our team offers an extensive programme that will engage, teach, and test your employees in cyber security awareness. To begin your cyber security training session and get in contact with our team, contact us today!

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