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

H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation

Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release

Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private

Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding

Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår

V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release

V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust

Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo

HiddenA line styled icon from Orion Icon Library.Eye