ARCHIVED CONTENT
You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.By Joe O’Halloran
The appropriate employee training can significantly reduce the financial consequences of phishing in the workplace claims new research from Wombat Security Technologies and the Ponemon Institute. The Cost of Phishing and Value of Employee Training revealed that majority of phishing costs are due to loss of employee productivity and uncontained credential compromises. When added to other factors, these can cost an average sized company $3.77 million per year. Data also showed that the average annual cost to contain a credential compromise that originated from a successful phishing attack is $381,920.
Read the complete article at: Phishing Education Can Save Nearly $4m Annually