Measuring the Return on Investment of Social Engineering Prevention

Understanding the Threat of Social Engineering Social engineering is a type of cyber attack that manipulates individuals into revealing sensitive information or performing certain actions that compromise security. According to a report by Verizon, social engineering attacks account for 30% of all data breaches, resulting in significant financial losses for organizations. In 2020, the average cost of a data breach was $3.86 million, with social engineering attacks being a major contributor to this cost. ...

September 11, 2024 · 3 min · 482 words · admin