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INE Security Alert: The Steep Cost Of Neglecting Cybersecurity Training
Manage episode 435315949 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/ine-security-alert-the-steep-cost-of-neglecting-cybersecurity-training.
With cyber threats growing in sophistication and frequency, the financial implications of neglecting cybersecurity training are severe and multifaceted.
Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybersecurity, #ine-security, #cyberwire, #press-release, #ine-security-announcement, #cyberthreats, #cybercrime, #good-company, and more.
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The average cost of a data breach ballooned to $4.88 million dollars in 2023, a 10% spike over the previous year. The indirect costs of cyber breaches, such as reputational damage, can be more harmful than the immediate financial penalties. Well-trained employees are less likely to fall prey to phishing attacks or other forms of social engineering.
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