Business Wire

KnowBe4 Analysis Finds Security Awareness Training and Simulated Phishing Effective in Reducing Cybersecurity Risk

Share

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced it has released a new analysis of the effectiveness of security awareness training and simulated phishing on reducing cybersecurity risk, based on data from over 60,000 individual KnowBe4 customer organizations worldwide.

The new KnowBe4 white paper, “Data Confirms Value of Security Awareness Training and Simulated Phishing”, is based on the largest analysis of its kind, with over 32 million individual end users, who took over 493 million Phishing Security Tests (PSTs) and participated in awareness training at least once a year.

Highlights from the study include:

  • Groups that did frequent PSTs performed better in detecting simulated phishing campaigns than groups that did not.
  • The more frequently that groups did PSTs, the better the users performed on simulated phishing tests. The more PSTs, the better.
  • Groups that did weekly PSTs were 2.74 times more effective in reducing risk than groups that only did less than quarterly PSTs.
  • The longer a group trained, the better they did on simulated phishing tests.
  • Groups that did both training and simulated phishing tests did the best.

“Based on the massive amount of data that we analyzed from around the world, everyone should be conducting frequent simulated phishing tests as part of their security awareness training program to get the highest level of impact and most effective cybersecurity risk reduction,” said Roger Grimes, data-driven defense evangelist, KnowBe4. “Phishing and social engineering account for 70-90% of all malicious data breaches, so focusing on ways to mitigate it are critical to your organization’s overarching cyber defense strategy. We are thrilled to finally have the concrete data to confirm the true value of security awareness training and simulated phishing.”

KnowBe4 customers attest to the important role the platform plays in cyber defense and risk mitigation, along with the overall effectiveness of incorporating security awareness training and simulated phishing into an organization’s cybersecurity strategy:

“Security awareness training and continuous assessment has helped our organization improve our employees' ability to recognize and avoid interacting with suspicious content in their day-to-day roles. Threats are ever evolving and defensive mechanisms will inevitably fail. When they do, it's important to have people engaged and connected to trends and suspicious patterns to act as a last line of defense. KnowBe4 has helped us minimize the effort required from our security team to deliver relevant and beneficial information to our employees,” said D.S., sr. manager, IT Security Operations.

“Our security awareness program is a vital component of our defense-in-depth strategy. There is no combination of technical controls we can ever put in place to mitigate all the risks we face. AiTM and other advanced attacks are only going to increase. Our employees are our most valued assets and the front line of defense for our organization. Partnering with KnowBe4 to build and consistently improve a comprehensive awareness program helps us proactively address new and emerging threats,” said A.B., IT security manager.

To download the new white paper, visit https://www.knowbe4.com/hubfs/Data-Confirms-Value-of-SAT-WP_EN-us.pdf.

About KnowBe4

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 65,000 organizations around the globe. Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. The late Kevin Mitnick, who was an internationally recognized cybersecurity specialist and KnowBe4’s Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Organizations rely on KnowBe4 to mobilize their end users as their last line of defense and trust the KnowBe4 platform to strengthen their security culture and reduce human risk.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

For more information please contact Kathy Wattman at pr@knowbe4.com | 727-474-9950.

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Terra Firma Energy Limited Secure 120MW of Contracts From Record Breaking T-4 Capacity Market Auction28.2.2024 20:07:00 CET | Press release

Terra Firma Energy have successfully secured 120MW of contracts in the record-breaking T-4 Capacity Market auction. After two bidding rounds the auction cleared at £65/kW/Year breaking last year’s record of £63/kW/Year. This outstanding result will see our contracted assets receive over £7.3M per year to be on standby to provide critical support to National Grid when required. UK Capacity Market The UK Capacity Market ensures electricity supply meets demand, especially during peak times, by incentivising generation investment and maintaining grid stability. Auction results determine prices paid to generators for ensuring electricity availability. The T-4 auction secures capacity for delivery in four years via long-term 15-year agreements, while T-1 auctions procure capacity just before delivery via 12-month agreements. On February 27, 2024, the T-4 auction cleared at £65/kW/year for delivery in Oct-2027/Sep-28. William Davies, Managing Director of Terra Firma Energy said “I am thrilled

Verimatrix Streamkeeper Wins Gold in 2024 Merit Awards for Telecom Innovation28.2.2024 19:14:00 CET | Press release

Regulatory News: Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that its Verimatrix Streamkeeper took home top honors in this year’s Merit Awards for Telcom and Wireless. The gold win in the Security Innovations category marks the latest in a growing stack of industry recognitions marking Streamkeeper’s uniquely powerful and multi-layered anti-piracy protection capabilities. Judged by industry executives, members of the media and consultants as well as Merit Awards staff, the program is dedicated to recognizing the efforts put forth by global industries and the markets they serve, acknowledging companies that have contributed to the continued growth of the market. Verimatrix Streamkeeper combines digital content security with app protection to hunt down and take down piracy for many of the world’s entertainment leaders – including more than half a billion clients across devices. "We are thrilled to con

Tecnotree's Comprehensive Next-Generation BSS Solutions to Drive Nuh Digital’s Transformation28.2.2024 17:07:00 CET | Press release

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the signing of a new digital transformation deal with Nuh Digital, to provide BSS stack solutions to enhance the company’s operational efficiency and meet current and future market requirements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228266983/en/ (Graphic: Business Wire) Nuh Digital is a growing Mobile Virtual Network Operator (MVNO), changing the scenario of digital inclusion in Brazil, with the purpose of developing businesses through innovation and intelligent connectivity. Tecnotree’s digital marketplace solutions will enable the company to introduce new digital services quickly and cost-effectively. The full digital stack deployment will include Mediation, Provisioning, BSS Switch (Convergent Billing Solution, Customer Lifecycle Manager, Unified Product Catalog, Enterprise Integration Accelerator), D

LiveRamp Launches Unified Data Collaboration Platform Featuring Composable Technology28.2.2024 17:00:00 CET | Press release

LiveRamp (NYSE: RAMP) today unveiled the next generation of the /LiveRamp Data Collaboration Platform, which brings together solutions for the end-to-end marketing lifecycle onto a single platform. The unified offering introduces new capabilities such as a simplified user interface, composable technology for cross-cloud interoperability, and a partner marketplace where innovative third-party developers can build applications showcasing their trusted expertise. Built on a foundation of durable, authenticated technology designed to withstand signal loss, the /LiveRamp Data Collaboration Platform offers functionality to proactively address evolving privacy considerations while accelerating forward-looking data collaboration use cases. Gartner® findings show “Marketing has an outsized role in data and analytic activities across the enterprise, with 71% of marketing data and analytics teams responsible for owning at least one element of data strategy for their organization.” By bringing all

The Open Group Welcomes Shell as Its Latest Platinum Member28.2.2024 17:00:00 CET | Press release

The Open Group, the vendor-neutral technology standards organization, has today announced that Shell Information Technology International, Inc. has become a Platinum Member of the organization. Shell joins other industry-leading Platinum Members DXC Technology, Fujitsu, Huawei, IBM, Intel, and OpenText. Shell has been a Member of The Open Group since 1997, and has contributed to its numerous Forums which enable collaboration to develop open technology standards and certifications. The company played a critical role in the foundation of The Open Group OSDU® Forum that facilitates the development of transformational technology for the world’s changing Energy needs, and donated important intellectual property that formed the basis of the OSDU Data Platform. Shell also contributed to the inception of The Open Group Open Footprint™ Forum that focuses on creating an environmental footprint data model standard applicable to all industries. The Open Group is a global consortium that enables th

HiddenA line styled icon from Orion Icon Library.Eye