As cyber threats become more sophisticated, the cost of not investing in cybersecurity training escalates exponentially. Effective training is not merely a line item expense - it's an indispensable investment in the operational integrity and financial security of organizations.
The financial toll of cyber incidents can be staggering, with the average cost of a data breach ballooning to $4.88 million dollars in 2023, a 10% spike over the previous year.
Operational disruptions from cyberattacks often require extensive system recoveries and can cause significant revenue losses, as seen in the ransomware attack on CDK Global.
Organizations that neglect cybersecurity training not only face immediate financial loss but also risk long-term reputational damage that can be even harder to quantify.
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