Wombat released a new report that discusses how simulated phishing attacks can be an effective security awareness and training tactic to help companies educate employees how to avoid growing cyber security threats.
This report gathers and analyzes the front line observations of security leaders from the major vertical sectors -- such as finance, manufacturing, health, and entertainment - who have used a relatively new approach to user awareness: simulated attack training.
It discusses how practicing CSOs from Fortune 500 companies maximize the strengths and avoid the pitfalls in what can be a controversial, but is a very effective, method of training users to avoid being phished: learning by experience.
"Phishing, and the more targeted and sophisticated spear-phishing, is the weapon of choice for the modern cyber-criminal and is used by the more organized hacker for data and intellectual property theft," said Perry Carpenter, former security awareness analyst from Gartner who is now working as a security expert in the financial sector. "While there is no foolproof technological defense, contemporary thought now focuses on training the user to recognize and resist targeted social engineering."
The purpose of the CSO discussion was to exchange the ideas and experience of senior security leaders on the implementation and use of simulated attack training within a continuous training methodology.
More than anything else, the report shows how simulated attack training can introduce measurement into training -- not only is it effective, its effectiveness can be measured and monitored to allow the most cost-efficient training for the highest risk people and topics.
The report concludes with a checklist on how to implement and manage simulated attack training as part of a continuous training methodology, including:
"There is strong evidence that continuous security awareness training that includes simulated attack training works to significantly reduce risk," said Joe Ferrara, President and CEO of Wombat Security Technologies. "As it shows in the report we have seen susceptibility reductions of over 80% when comparing an initial mock attack to subsequent attacks when in-depth training is completed in between the attacks."
The complete report is available here.