KnowBe4 Releases 2021 State of Privacy and Security Awareness Report

Rhea-AI Summary

KnowBe4 (NASDAQ: KNBE) released its 2021 State of Privacy and Security Awareness Report, revealing gaps in U.S. employees' cybersecurity knowledge. The study surveyed 1,000 employees, finding only 48% believe their mobile devices are at risk from malware, and just 31% understand business email compromise. While 55% had continuous training during COVID-19 lockdowns, 91% of finance employees received training, indicating sector disparities. CEO Stu Sjouwerman emphasizes the need for improved security awareness to combat rising cyber threats.

Positive

• None.

Negative

• Only 48% of employees believe their mobile device could be infected with malware from suspicious links.
• Only 31% of employees feel they understand business email compromise, a significant cybersecurity issue.
• Only 55% of employees continued cybersecurity training during COVID-19 lockdowns.

TAMPA BAY, Fla., Sept. 16, 2021 /PRNewswire/ -- KnowBe4 (NASDAQ: KNBE), the provider of the world's largest security awareness training and simulated phishing platform, released its 2021 State of Privacy and Security Awareness Report.

The commissioned report is based on findings of a study conducted of a random sampling of 1,000 U.S. employees in both SMB and large enterprises. The study sought to find out how much cybersecurity training employees received and the impact it had on security and privacy best practices. Respondents were asked a variety of questions on general cybersecurity and data privacy knowledge and about the impact the COVID-19 pandemic had on training. Survey results were also broken down and analyzed by select industry verticals.

Highlights from the 2021 State of Privacy and Security Awareness Report include:

• Only 48% of employees believe it is likely or very likely that their mobile device could become infected with malware if they click on a suspicious link or attachment in an email
• Employees who are trained once a month are 34% more likely to believe that clicking on a suspicious link or attachment in an email is risky compared to employees who receive training no more than twice a year
• Only 31% of employees feel that they understand business email compromise very well and can explain what it is to others, despite the fact that this attack vector is a huge and growing problem that costs businesses many millions of dollars each year
• A little more than half (55%) of employees had continuous cybersecurity and data privacy training continue throughout the lockdowns caused by the COVID-19 pandemic
• An average of 44% of respondents were not sure whether their employer was subject to six different privacy regulations, including the GDPR and HIPAA
• The finance industry is the most likely to receive security awareness training, with 91% of finance employees reporting having received some form of training

"In analyzing these findings, what stands out is that U.S. employees' knowledge of cybersecurity and data privacy best practices has significant room for improvement," said Stu Sjouwerman, CEO, KnowBe4. "These alarming results highlight the critical need to implement new-school security awareness training for every U.S. employee throughout every organization in this nation. Going a step further to build a security-minded culture becomes essential as cyber criminals pose greater threats to business operations."

To download the report, visit https://www.knowbe4.com/hubfs/2021-State-of-Privacy-Security-Awareness-Report-Research_EN-US.pdf.

About KnowBe4
KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, is used by more than 41,000 organizations around the globe. Founded by IT and data security specialist, Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud, and other social engineering tactics through a new-school approach to awareness training on security. Kevin Mitnick, an internationally recognized cybersecurity specialist and KnowBe4's Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as their last line of defense.

Media Contact
Amanda Tarantino
Public Relations Officer
KnowBe4
amandat@knowbe4.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/knowbe4-releases-2021-state-of-privacy-and-security-awareness-report-301378472.html

SOURCE KnowBe4

FAQ

What are the key findings from the 2021 State of Privacy and Security Awareness Report by KnowBe4?

The report highlights that only 48% of employees recognize malware risks, 31% understand business email compromise, and just 55% had continuous training during lockdowns.

How many employees participated in KnowBe4's 2021 security awareness study?

The study surveyed 1,000 U.S. employees from both SMBs and large enterprises.

What percentage of finance employees received security awareness training according to the report?

The report indicates that 91% of finance employees received some form of security awareness training.

Who is the CEO of KnowBe4 and what did he say about the report's findings?

Stu Sjouwerman, CEO of KnowBe4, stated that the results highlight the urgent need for enhanced security awareness training across organizations.

Where can I download the 2021 State of Privacy and Security Awareness Report?

The report can be downloaded from KnowBe4's website at https://www.knowbe4.com/hubfs/2021-State-of-Privacy-Security-Awareness-Report-Research_EN-US.pdf.