Cybersecurity education: Educate employees to throw back phishing attacks

Cyber threats are the great equalizer of our times — impacting all organizations and potentially turning employees from assets to risks. No technology is entirely secure, attack tactics and techniques are constantly evolving, and organizations assume some level of cyber risk when operating in a digitally connected world. To mitigate these risks, Coalition believes in incentivizing cybersecurity best practices. We have seen firsthand that technology solutions paired with incentives and support produce results: Coalition policyholders saw one-third as many claims as the broader cyber insurance market in 2020.

A key incentive every organization should undertake is enabling employees via training to recognize and report threats from phishing attacks, the most popular attack technique that hackers use to target their victims.