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KnowBe4 Research Reveals Companies Vulnerable to Cybercrime; Test Shows 43% of Businesses Susceptible to Phishing

Hundreds of Inc. 5000 Companies Respond to Simulated Phishing Attack in KnowBe4 Experiment, Demonstrating Urgent Need for Internet Security Training

With cyberheist cases and phishing statistics continuing to make headlines nationwide, it’s become clear that companies are vulnerable to cybercrime – and new research published by KnowBe4 reveals just how susceptible businesses are to these types of attacks. A respected provider of Internet Security Awareness Training (ISAT), KnowBe4 uses phishing security tests to help small and medium enterprises (SMEs) identify and educate Phish-prone™ employees. The company recently conducted a larger-scale test to determine how many of today’s fastest-growing SMEs are likely to fall prey to phishing, and the results suggest real cause for concern.

“We believe that SMEs are prime targets for cybercriminals because companies in growth mode are often so focused on expansion that they overlook Internet security training,” explained KnowBe4 founder and CEO Stu Sjouwerman (pronounced “shower-man”). “So we decided to conduct an experiment to test that theory.”

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