How Does Social Engineering Affect Your Organization?

How does social engineering affect your organization? 

Successful social engineering attacks give hackers: 

• Access to physically restricted areas and locked IT systems, allowing them to install malware and viruses. 
• Confidential information such as student data, employee records, contracts, etc. 
• Ability to control devices and files within the organization’s network. They can then send out confidential data or spam other organizations via email. 
• Authority to manage, transfer, and steal your organization’s physical and monetary assets. 

Given the actions hackers can do above, there are several repercussions: 

• Getting sued by students or staff for stolen data 
• Tarnished reputation and lost business 
• Accountable employees are fired 
• The company loses money or goes bankrupt 
• The organization’s email and network are blacklisted 

90% of data breaches could have been prevented.