You know that cyber security threats are real and that instituting IT security within your business is essential. But, do you know the reality of what a cyber security threat could actually mean to your business?
According to the 2023 Data Breach Investigations Report, the average data breach cost in 2022 was just under $4.35 million – which is an all-time high. It’s also important to note that 70% of data breaches involved a human element in 2023 and 1 in 3 data breaches involves phishing.
What’s even more concerning is that only 1 in 9 businesses provided cybersecurity awareness programs to their employees in 2020. While this number is likely higher now, there remains a significant percentage of employees who do not understand the role they can potentially play in a data breach and how they can prevent it.
Let’s take a look at ways you can empower your workforce through IT security training.
What is IT security training?
IT security training provides ongoing education to keep employees informed about the newest cyber threats, best practices, and company guidelines related to cybersecurity.
Cyber awareness covers essential aspects, such as recognizing and reacting to dangers like phishing, ransomware, and social engineering. By emphasizing the significance of cyber security and equipping employees with the right knowledge, cyber awareness training fosters a vigilant and secure environment within your organization.
How can IT security training benefit your company?
Cyber attacks and data breaches are becoming increasingly common, continuing to remind everyone why following best practices for IT security is essential. While IT security controls provide layers of defense against cyber threats, no one technical solution can stop all cyber attacks.
- Strengthens Your Human Firewall – Your employees are the first line of defense against cyber attacks. Armed with knowledge, your employees are more likely to recognize and report suspicious activities, preventing potential breaches and minimizing the risk of attacks.
- Reduces the Risk of Phishing and Ransomware – Training helps employees identify phishing emails and malicious links, reducing the likelihood of falling for phishing scams. Similarly, employees are taught to recognize and avoid ransomware tactics, preventing devastating financial and reputational consequences.
- Fosters a Security-Conscious Culture – When provided with IT security training, employees are more likely to take security seriously, fostering a culture of vigilance and responsibility. It also helps employees recognize and avoid common errors, such as weak passwords or unsecured Wi-Fi connections, reducing the risk of breaches.
- Helps to Meet Regulatory Compliance – Many industries have strict regulations regarding cybersecurity and data protection so ensuring employees understand these requirements and adhere to them can help avoid fines and penalties for non-compliance.
- Reduces Downtime and Costs – Cyber attacks can lead to costly downtime and data loss; by preventing them through training, your business can save time, money, and resources that would otherwise be spent on recovery efforts.