PRESS RELEASE

TAMPA BAY, Fla., March 24, 2020 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced it has released a new Phishing by Industry Benchmarking Report to measure an organization's Phish-Prone percentage (PPP), which indicates how many of their employees are likely to fall for a phishing or social engineering scam. 

The initial baseline phishing test was administered to organizations that hadn't conducted any KnowBe4 security awareness training. The results indicated a high level of risk, with an average initial baseline PPP of 37.9%, up 8.3% from 2019, across all industries and sizes. Every organization regardless of size and vertical is susceptible to phishing and social engineering without computer-based training.

"We continue to see a trend of organizations' PPP increasing year-over-year," said Stu Sjouwerman, CEO, KnowBe4. "These findings reinforce the need for new-school security awareness training and frequent simulated phishing testing. As security professionals, we have a call to action to educate our end users so they are the most prepared and have the knowledge they need to remain vigilant against evolving cyber threats." 

After 90 days of computer-based training and simulated phishing testing, the average PPP was reduced by over 60 percent, dropping from 37.9% to 14.1%. And after one year of monthly simulated phishing tests and regular training, the PPP further declines to just 4.7%. Across all industries, there's an average 87 percent improvement rate from baseline testing to 12 months of training and testing.

To download a copy of the KnowBe4 Phishing by Industry Benchmarking Report, visit https://info.knowbe4.com/phishing-by-industry-benchmarking-report. For more information on KnowBe4, visit www.knowbe4.com.