Every year billions of dollars are lost due to cybersecurity breaches and identity theft. This potential loss of resources highlights the growing importance of cybersecurity in today’s increasingly online society. Unfortunately, one of the weakest links is often employees, who cannot reliably differentiate social engineering attacks from legitimate businesses. Due to this, M&A offers Employee Training Seminars to help keep employees updated on the latest threats they may face.
A chain is only as strong as its weakest link. One day of training could be the difference between dozens of hours of work and thousands of dollars retroactively repairing the damage caused by a data breach.
- 98% of cyber attacks rely on social engineering.
- 43% of the IT professionals said they had been targeted by social engineering schemes in the last year.
- Social engineering attempts spiked more than 500% from the first to second quarter of 2018.
- The number of breach incidents by type:
- Identity theft – 65%
- Account access – 17%
- Financial access – 13%
- Nuisance – 4%
- Existential data – 1%
- 56% of IT decision makers say targeted phishing attacks are their top security threat.
- 83% of global infosec respondents experienced phishing attacks in 2018, an increase from 76% in 2017.
- Only 3% of targeted users report malicious emails to management.
- 30% of phishing messages get opened by targeted users and 12% of those users click on the malicious attachment or link.
- The volume of email fraud that organizations receive has increased 8% year-over-year.
- By the end of 2017, the average user was receiving 16 phishing emails per month.
- 66% of malware is installed via malicious email attachments.
- 21% of ransomware involved social actions, such as phishing.
- Negligent employees or contractors are the root cause of 48% of all data breaches for small-businesses.
- 81% of healthcare cyber security incidents are rooted in employee negligence.
- New employees are the most susceptible to socially engineered attacks, with 60% of IT professionals citing recent hires as being at high risk.
- 21% of current or former employees use social engineering to gain a financial advantage, for revenge, out of curiosity or for fun.
Staying safe from Phishing
Phishing is one of the most common forms of social engineering. As part of our training, we will provide materials that will educate employees to differentiate between legitimate and malicious communication.
We will teach your employees the best way to stay secure.
- How to keep strong passwords.
- Using password managers
- Two Factor Authentication
- Physical security tips
Bringing to light the importance of cybersecurity
Research shows that most Americans do not worry about cybersecurity and think of it more as a job for someone else. As part of our program, we will demonstrate the importance of security and explain how everyone can do their part to keep company and client information safe.