Tag Archive for: awareness

Only 34% of small and medium-sized business employees report receiving mandatory cyber security awareness training

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 New IBC report card shows there is room for improvement in cyber security awareness

TORONTO, Sept. 22, 2022 /CNW/ – New Insurance Bureau of Canada (IBC) research has found that small and medium-sized Canadian businesses have been slow to adapt to increasingly frequent and sophisticated cyber attacks. The results are featured in IBC’s first Cyber Savvy Report Card, which assigned Canadians a “C” letter-grade for cyber safety actions and knowledge.

IBC’s report card is informed by the results of a survey of 1,525 Canadians that work at small and medium-sized businesses (defined as businesses with fewer than 500 employees). The survey revealed a number of startling findings:

  • Two-in-five of employees surveyed (42%) say they have seen an increase in cyber scam attempts over the last year.
  • Only a third of surveyed employees (34%) report that their company provides mandatory cyber security awareness training.
  • Only half (50%) of employees surveyed report that their organization has introduced multi-factor authentication, a critical cyber security defence mechanism that requires a user to provide two or more verification factors to access a corporate network or application.
  • Only a quarter of employees surveyed (24%) report that their employer conducts phishing email simulations to help promote cyber vigilance.

“As cyber criminals get savvier, it’s our collective responsibility to stay one step ahead,” said Celyeste Power, Executive Vice-President, Strategic Initiatives and Advocacy, IBC. “That’s why IBC has launched cybersavvycanada.ca, a new cyber education initiative to help small business owners and their employees better understand the threat of cyber attacks and what they can do to reduce their risk.”

Employees’ actions increase their company’s cyber security risk

IBC’s survey also revealed that 7 in 10 employees of small and medium-sized businesses (72%) reported at least one behaviour that could allow a cyber criminal to gain access to their company’s computer systems. This strengthens the argument for more employers to take action to reduce cyber threats. According to survey respondents:

  • 27% use one password to access multiple websites they use for work;
  • 23% access public…

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Security Awareness Computer-Based Training Market Insights 2022 And Analysis By Top Keyplayers – KnowBe4, Cofense (PhishMe), InfoSec Institute, Proofpoint

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The Security Awareness Computer-Based Training Market report is prepared with the sole purpose of equipping players with industry-leading analysis and useful recommendations for securing the best position in the global Security Awareness Computer-Based Training market. You can discover high growth opportunities in the global Security Awareness Computer-Based Training market through our exclusive research and assess risk factors to stay ready for any market issues in advance. Our deep segmentation research allows us to focus on key segments of the global Security Awareness Computer-Based Training market and formulate effective strategies to capitalize on the growth prospects they have created. The report includes a study of Security Awareness Computer-Based Training market sizes by value and volume and provides important market figures such as average annual,market share,growth rate,production,consumption and revenue.

The regional analysis provided in this study provides a complete study of the growth of the global Security Awareness Computer-Based Training market in different regions and countries. Readers are also provided with comprehensive competitive analysis, which includes detailed profiling of leading players operating in the global Security Awareness Computer-Based Training market. The report has a dedicated section on market dynamics where market influencers,Security Awareness Computer-Based Training market growth drivers,limitations,challenges,trends and opportunities are extensively discussed. The statistical information provided in this report serves as a powerful tool to clearly and quickly understand the progress of the Security Awareness Computer-Based Training market over the past few years and in the coming years.

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Study of Competitive Landscape

It starts with an overview of the supplier landscape followed by industry concentration analysis and ranking of the major players in the global Security Awareness Computer-Based Training market. In the competitive scenario, our analysis shed light on the following topics.

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Cybersecurity Awareness: Definition, Importance, Purpose and Challenges

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What is cybersecurity awareness?

Cybersecurity awareness is an ongoing process of educating and training employees about the threats that lurk in cyberspace, how to prevent such threats and what they must do in the event of a security incident. It also helps to inculcate in them a sense of proactive responsibility for keeping the company and its assets safe and secure. In simple terms, cybersecurity awareness is knowing what security threats are and acting responsibly to avoid potential risks.

Cybersecurity awareness includes being aware of the latest security threats, cybersecurity best practices, the dangers of clicking on a malicious link or downloading an infected attachment, interacting online, disclosing sensitive information and so on. Security awareness training programs help to enhance your organization’s security posture and tighten its processes, thereby paving the way to building a more resilient business. Cybersecurity awareness must be an organization-wide initiative for it to be most effective and beneficial.

Why is cybersecurity awareness important?

Despite having best-in-class defense systems and measures in place, many organizations still experience security breaches. Unfortunately, it is often human error that has been a major contributing factor behind many data breaches. According to Verizon’s 2022 Data Breach Investigations Report, more than 80% of breaches involved the human element, including social engineering attacks, errors and misuse of stolen credentials. Threat actors look to exploit this weakness to infiltrate an organization’s networks and systems. This is where cybersecurity awareness comes in.

Cybersecurity awareness helps educate your employees about malicious methods used by cybercriminals, how they can be easy targets, how to spot potential threats and what they can do to avoid falling victim to these insidious threats. It empowers your workforce with the right knowledge and resources to identify and flag potential threats before they cause any damage.

Ignoring or not conducting cybersecurity awareness training regularly can have serious consequences on your business such as legal penalties, financial loss and cost of remediation, loss…

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Security Awareness Computer-based Training (CBT) Market Latest Innovations, Demand and Future Projections with top Major Key Player like KnowBe4, Cofense (PhishMe), InfoSec Institute, Proofpoint, SANS Institute, etc

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security-awareness-computer-based-training-(cbt)-market

Glob Market Reports offers an overarching research and analysis-based study on, “Global Security Awareness Computer-based Training (CBT) Market Report, History and Forecast 2016-2028, Breakdown Data by Companies, Key Regions, Types and Application“. This report offers an insightful take on the drivers and restraints present in the market. Security Awareness Computer-based Training (CBT) data reports also provide a 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to success of the organization. It sheds light on strategic production, revenue, and consumption trends for players to improve sales and growth in the global Security Awareness Computer-based Training (CBT) Market.

Some of the key manufacturers operating in this market include: KnowBe4, Cofense (PhishMe), InfoSec Institute, Proofpoint, SANS Institute, Terranova, Inspired eLearning, Ninjio, MediaPRO, The Defence Works, Barracuda Networks, Global Learning Systems, Symantec, Cybrary, Sophos, Security Innovation and More…

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Here, it focuses on the recent developments, sales, market value, production, gross margin, and other significant factors of the business of the major players operating in the global Security Awareness Computer-based Training (CBT) Market. Players can use the accurate market facts and figures and statistical studies provided in the report to understand the current and future growth of the global Security Awareness Computer-based Training (CBT) market.

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Security Awareness Computer-based Training (CBT) market competitive landscape offers data information and details by companies. Its provides a complete analysis and precise statistics on revenue by the…

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