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The trends have put companies on notice, says Stu Sjouwerman, founder and CEO of KnowBe4. The amount of data breaches are still going up dramatically, faster than what companies are spending on the human layer, he says. Well-over 50% of data breaches are caused by attackers going after the human, but companies are only spending 3% of their IT security budgets on the human element.
The security awareness and training market continues to mature, growing beyond its beginnings as a way to satisfy compliance requirements. No longer are the services just about training to comply with bare-minimum phishing requirements, but are now more about creating a security culture among all employees, according to Forrester Research, a market research firm.
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