Lack of cyber training leaving employees vulnerable to phishing attacks

Dedicated cyber security training imparted to employees by organisations for periods ranging from ninety days to up to twelve months show marked improvements in their ability to detect and to respond to phishing attacks, a new study has found.
Social engineering is regarded by many fraudsters and cyber criminals as an effective tactic to steal enterprise and customer data, to make organisations wire money to them, or to gain access to enterprise IT networks.
The art of social engineering does not require fraudsters to be highly skilled in breaching perimeter security, application-level security or firewalls deployed by organisations, thereby making it possible for countless fraudsters to engage in the activity. Phishers leverage the art of communications, deception, and familiarity to lure employees into taking actions that are in their interest.