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Security Awareness Training is a Key Part of an Effective Cyber Risk Resilience and Prevention Strategy

Marsh Cover

Organisations investing in cyber security technology and process are expressing risk in economical terms, helping to drive a cost-effective security stance – one that includes training.

Cyber security is now being seen as an investment strategy intent on reducing the risk of cyber attack. Realising the cost justification of “spend now or pay for it later” is fascinating, as the potential for attack is so probable, that organisations are believing it’s less expensive to put preventative security layers up against an unseen – but expected – foe.

According to the Global Cyber Risk Perception Survey Report 2019 from Marsh and Microsoft, one of the key elements is that of user training. While other aspects of cybersecurity are found to be more important, the need for Security Awareness Training appears to be clear:

84% of organisations either have awareness training or plan on implementing it within the next 12 to 24 months.

80% of organisations that look at cyber risk from an economical perspective implement awareness training

56% of organisations expect supply chain partners and thirds parties to implement security awareness training

The value of Security Awareness Training is found in its unique ability to empower the user to act as part of an organisation’s defensive strategy. Every other type of solution allows the user to relax their stance and simply assume that everything will be alright. In contrast, Security Awareness Training teaches employees that attacks will make it all the way to the user – despite having a strong cyber defense – and that the user needs to be the last line of defense, vigilantly looking for suspicious and potentially malicious content in email and on the web that could put the organisation at further risk.

The majority of organisations appear to see the value of Security Awareness Training. If you haven’t begun to utilize it within your organization, consider having it as a key part of your strategy. Did you know that when you use KnowBe4, the world’s largest cyber insurers give you a better deal? Marsh awarded KnowBe4 with the “Cyber Catalyst ” designation. 

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Old-school awareness training does not hack it anymore. Your email filters have a ~10% failure rate; you need a strong human firewall as your last line of defense. KnowBe4 is your platform for new-school security awareness training. We help you keep your users on their toes with security top of mind. You simply have got to start training and phishing your users ASAP. If you don’t, the bad guys will. Find out how affordable this is for your organisation and be pleasantly surprised.

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