• Home
  • Blog
  • Products
    • Partner Subscription
    • Breach Prevention Platform
    • HIPAA Services
    • Dark Web Monitoring
    • In-Email Training & Email Analysis | Catch Phish Outlook Plug-In
  • Request a Demo
  • About Us
  • Contact Us

Call us at: 877-275-4545

Partner? Login here
Breach Secure Now!Breach Secure Now!
  • Home
  • Blog
  • Products
    • Partner Subscription
    • Breach Prevention Platform
    • HIPAA Services
    • Dark Web Monitoring
    • In-Email Training & Email Analysis | Catch Phish Outlook Plug-In
  • Request a Demo
  • About Us
  • Contact Us

The Importance of Ongoing Cybersecurity Training

March 17, 2023 Posted by Art Gross Security, Training
Ongoing Training

As most of us are aware, and especially in the tech industry, cybersecurity is a critical concern for businesses of all sizes. With the increasing number of cyber-attacks and data breaches, it’s more important than ever for businesses to prioritize ongoing cybersecurity training for their employees. Not only can a lack of training lead to costly data breaches and reputational damage, but it might also impact a business’s ability to successfully file an insurance claim in the event of a breach.

Ongoing Training is Essential

Ongoing cybersecurity training is essential for businesses to stay ahead of evolving cyber threats. Hackers are constantly developing new and more sophisticated methods of attacking businesses.  It is essential that employees are educated on how to recognize and respond to these threats. Without proper training, one may unknowingly click on a phishing email or download a malicious file, leaving the business vulnerable to a data breach. And the breach or compromised data may not be recognized immediately, leaving your business unknowingly exposed.

Inadequate cybersecurity training can also have serious financial consequences. In the event of a data breach, a business may be subject to fines, legal fees, and other expenses. According to a study by IBM, the average cost (globally) of a data breach exceeds $ 4 million, and in the US, the average is over $9 million.  Additionally, a data breach can also have a significant impact on a business’s reputation, leading to lost customers and revenue.

Impact on Insurance Claims

In the event of a data breach, a business may also need to file an insurance claim to cover the costs associated with the incident. However, insurance companies may deny claims if the business has not implemented adequate cybersecurity measures. This can include providing ongoing cybersecurity training to their employees. Insurance companies may view inadequate training as a failure on the part of the business to take reasonable steps to prevent a breach. There may also be a requirement to provide documentation of the training.

Ongoing cybersecurity training is essential for businesses of all sizes. An inadequate training program lead to costly data breaches and reputational damage. And it can also impact a business’s ability to file an insurance claim in the event of a breach. By investing in a strong program and requiring this to be a part of your business’s infrastructure, you can offset a lot of the risks associated with a breach.  

Tags: Cybersecurity
Share
0

You also might be interested in

Social Media Security Tips

Social Media Security Tips

Mar 3, 2019

Social media allows you to stay connected to people that[...]

The State of Compliance

The State of Compliance

Mar 27, 2019

We are all aware of federal compliance regulations when it[...]

Cybersecurity Common Sense

Cybersecurity Common Sense

Apr 10, 2019

How many times do I have to tell you? Sadly,[...]

Dark Web Assessments

Search

Recent Posts

  • The Importance of Ongoing Cybersecurity Training March 17, 2023
  • Chatbots and Human Error March 10, 2023
  • What is CIRCA? March 3, 2023
  • The Importance of Ongoing Engagement & Marketing February 24, 2023
  • Mental Health Data for Sale February 17, 2023

Contact Us

  • Breach Secure Now!
  • 55 Madison Ave, Suite 400 Morristown, NJ 07960
  • 877-275-4545
  • info@breachsecurenow.com

Get Social

Schedule a Demo

Recent Blog Posts

  • The Importance of Ongoing Cybersecurity Training March 17, 2023
  • Chatbots and Human Error March 10, 2023
  • What is CIRCA? March 3, 2023

© 2023 · Breach Secure Now!

Prev