Investing in cyber awareness training is crucial, especially for SMEs who tend not to have the expertise and resource at their fingertips, to protect themselves against cyber-attacks and scams. Cyber threats are constantly evolving, and smaller businesses are often prime targets for attackers due to perceived weaker security defences. Your staff are key, they are the first line of defence, and potentially, your biggest weakness. This means they must know what the threats are and what simple steps they can take to protect the business.
Here are some key reasons why an SME should be seriously considering a cyber awareness training programme for their staff:
a. Protect Against Cyber Threats
SMEs face risks from phishing, ransomware, and social engineering attacks. Training helps employees recognise and respond to these threats before they cause harm.
b. Reduce Human Error
Most cyber incidents result from human mistakes and are not malicious in nature. Cyber awareness training can significantly reduce mistakes such as clicking on malicious links or using weak passwords. Training teaches employees what security best practice means and how to adopt it.
c. Ensure Regulatory Compliance
Many industries have data protection laws (e.g., GDPR) and other industry led regulations (PCI, FSA etc) that require businesses to safeguard customer data. Cyber awareness training helps SMEs comply with these regulations and avoid fines and reputational damage.
d. Protect Business Reputation
A data breach can damage customer trust and brand reputation, potentially leading to lost business. Proactive cybersecurity measures, including training, help maintain credibility.
e. Minimise Financial Losses
Cyber incidents can lead to financial losses from fraud, legal fees, downtime, and recovery costs. Investing in training is a cost-effective way to mitigate these risks.
f. Strengthen Overall Security Culture
When employees understand cybersecurity risks, they become an active part of the defence strategy, fostering a security-first mindset across the organisation.
g. Improve Incident Response
Trained employees can quickly identify and report security incidents, enabling faster response times and reducing potential damage.
h. Stay Competitive
Many clients and partners prefer working with businesses that prioritise cybersecurity. Demonstrating a commitment to security can be a competitive advantage.
Awareness training doesn’t need to cost that much, and it can be delivered classroom based, either on site or online, or it can be automated. The latter is often the preferred platform for an SME.
Let’s take a look at the pros and cons of each method of delivery.
Classroom-Based Training
Pros:
Cons:
Automated Training (often AI-Based)
Pros:
Cons:
Which one is better? This is somewhat subjective and will depend very much on the type of business you are, your budget and expectations. Generally:
Here at H2 we can offer both classroom based, in person or on-line, as well as an automated programme which can include induction courses and continual reinforcement. This of course if the more cost effective solution for many SMEs.
You can save 12.5% on your monthly charge by taking the Data Protection and Protective Monitoring managed services together