Intelligent CIO Europe Issue 4 - Page 28

TRENDING “ OUR RESEARCH UNDERSCORES THAT ORGANISATIONS AND BOARDROOMS HAVE A DUTY TO EQUIP THE ENTIRE WORKFORCE WITH THE NECESSARY SOLUTIONS AND TRAINING TO PROTECT EVERYONE AGAINST THIS GROWING THREAT. Robert Holmes, Vice President of Email Security Products for Proofpoint • 75% of organisations experienced at least one targeted email fraud attack, with 41% suffering multiple attempts in the last two years. However, some organisations are taking proactive measures to protect both their brand and their employees. More than half (57%) have implemented a user- awareness programme on phishing and 46% use email authentication. • More than 77% of businesses expect they will fall victim to email fraud in the next 12 months and yet only 40% have full visibility into email threats. There is a disconnect between the anxiety felt by IT decision makers in relation to protecting the organisation from email fraud and the buy-in from the boardroom to implement preventative methods. • Cybercriminals are reaching deeper into the organisation beyond the C-suite. Respondents deemed the Finance and Accounts Payable departments most at risk of receiving spoofed emails, with the C-level executives almost on par with the general workforce. • More than half (56%) of respondents who were aware of a breach in the last two years, suffered downtime and disruption and a third (33%) experienced a loss of funds. Email fraud also puts employees directly at risk. Nearly one in four attacks (24%) resulted in employment termination. 28 INTELLIGENTCIO “With 59% of organisations considering email fraud one of the top security risks to their business, it is encouraging that some are adopting techniques to protect their employees, partners and customers. As the volume of attacks and level of sophistication employed by cybercriminals increase, organisations need to proactively shut down these tactics before the damage is done,” continued Holmes. Proofpoint research shows email fraud has a direct impact on both employers and employees. Businesses suffer downtime and loss of revenue and individuals could potentially lose their jobs. By implementing a multi-layered defence strategy, organisations can protect their systems from advanced data-stealing attacks and protect their employees by blocking, detecting and responding to email fraud attacks. n SURVEY FINDS PROFESSIONALS AREN’T PREPARED FOR DIGITAL TRANSFORMATION Digital transformation is happening whether we like it or not and it is important that employers know what is expected of them. Organisations must prepare for the inevitable journey of innovation and are able to do so with Skillsoft’s digital transformation course series. S killsoft, a global leader in corporate learning, has announced that a survey of 152 Learning and Development (L&D) professionals revealed a lack of understanding and preparation for digital transformation. The survey, carried out in February 2018 at Learning Technologies 2018 shows that over half of those surveyed are unaware of, don’t understand, or don’t know how digital transformation will apply to their org 6F2266WVV6RfW"F&VRV'FW'2F@rvB&VFVB62FV"VVW0v&WV&R&FW"FV7W&R7V66W76gVFvFgWGW&RWfFw3( rRbdB&fW762&RVv&PbFR62FV"&v6F2vVVBFFVƗfW"FvFG&6f&F( W72FbCRR&R6fFV@FV"&v6F( 2G&r0FWVFRvVB6W2F&W&pf"FvFG&6f&F( rRbdB&fW762&VƖWfPFBFvFG&6f&FvfR6FfR7Bd@wwrFVƖvVF66