https://ciohub.org/tags/social-engineering-prevention/ Recent content in Social Engineering Prevention on CIO Insight Hub https://ciohub.org/img/og.png https://ciohub.org/img/og.png Hugo -- 0.136.5 en Wed, 11 Sep 2024 07:00:00 +0800 https://ciohub.org/post/2024/09/measuring-return-investment-social-engineering-prevention/ Wed, 11 Sep 2024 07:00:00 +0800 https://ciohub.org/post/2024/09/measuring-return-investment-social-engineering-prevention/ <h2 id="understanding-the-threat-of-social-engineering">Understanding the Threat of Social Engineering</h2> <p>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.</p>