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Retail Industry Cyber Security Pain Points Addressed by Tailored Training Program from Wombat SecurityPITTSBURGH, Nov. 1, 2016 /PRNewswire/ -- Retail organizations have long been a target for cyber criminals seeking opportunities to gain access to valuable credit card and personal information, as well as internal policies and procedures. Wombat Security Technologies (Wombat), the leading provider of cyber security awareness and training, today announced the launch of its Security Awareness and Training Program for Retail Organizations to help combat the cyber security and education challenges unique to retail enterprises. According to Symantec, the retail industry sector was the most heavily exposed to phishing attacks1 in 2015, and Gemalto reported more than 40 million retail records were lost or stolen2. The average cost per record breached across retail organizations is $1723 according to the Ponemon Institute, and Wombat's Beyond the Phish 2016 report revealed 37% of users in the retail industry performed poorly on assessment questions related to proper protection and disposal of sensitive data. With Verizon reporting a staggering 63% of confirmed breaches involving the use of weak, default or stolen passwords and a third of employees opening phished messages or links4, these costly attacks are fueled by the industry's wide spread lack of knowledge on security best practices. "The discovery that end user behavior leads to a massive volume of cyber security risks within retail is both a concerning and addressable revelation for leaders in a retail enterprise," said Joe Ferrara, President and CEO, Wombat. "Many of the security pain points retail organizations are experiencing today can be addressed and negative impacts significantly reduced with greater security awareness. Wombat developed this prescriptive training format with retail organizations specifically in mind, and it addresses each area of concern with actionable, measurable, and effective educational strategies. Our retail customers that have applied our methodology with success are already seeing significant reductions in vulnerability and risk after deploying the Wombat program." Wombat's Security Awareness and Training Program for Retail Organizations follows the company's proven Continuous Training Methodology, and the program bundle includes:
Companies deploying Wombat's Security Awareness and Training Program for Retail Organizations will have access to detailed reports that offer broad and granular insights into assessment results, progress checks and additional gamification techniques to further motivate users and encourage participation. This approach coupled with Wombat's Continuous Training Methodology has allowed Wombat's retail customers to experience up to a 99% reduction in phishing vulnerability. To learn more about the Security Awareness and Training Program for Retail Organizations, including Wombat's suggested program plan, which maps out a recommended schedule for assessments and training assignments, please contact Wombat at [email protected]. About Wombat Security Technologies Wombat Security Contact: Susan Mackowiak 1 2016 Internet Security Threat Report, Symantec Logo - http://photos.prnewswire.com/prnh/20160831/403360LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/retail-industry-cyber-security-pain-points-addressed-by-tailored-training-program-from-wombat-security-300354571.html SOURCE Wombat Security Technologies |