Plaxcidiah Muzembe, Debtsource

Security training is essential for the business because 95% of security incidents are the result of human error. This, says the World Economic Forum’s ‘Global Risks Report 2024’, comes from people clicking on phishing emails, using 12345 as their passwords, or accidentally sharing sensitive information. Their inability to detect a scam or mistaken click can compromise the entire enterprise’s expensive and complicated security framework.

This compromise comes at a cost. Cybercrime, says Cybersecurity Ventures, is anticipated to cost $10.5tn in 2025, with the UK government citing a cost of £10 830 per breach for the larger organisation.