As highlighted recently on an episode of 60 Minutes, this past September it was reported that MGM Resorts, an American global hospitality and entertainment company, lost $100 million due to falling victim to a successful social engineering attack.
The social engineering attack became successful when an MGM worker performed a password reset elicited by the cyber attackers. Not only did they lose money, but they are also still dealing with the aftermath of the attack seven months later.
The answer is, it absolutely could have been avoided if a human firewall was established at the business. Technology alone cannot fully protect a business; a well-informed and vigilant workforce is equally important.
Building a human firewall involves creating a culture of cybersecurity awareness and equipping employees with the knowledge and tools to recognize and respond to cyber threats effectively.
Here are some key steps to build a robust human firewall:
By following these steps, your business can strengthen its defenses against cyber threats by leveraging its most valuable asset—your people.
A human firewall backed by industry-leading cybersecurity solutions (e.g., Endpoint Protection) that protect your business, data, and employees is your best against successful social engineering attacks.
To learn more, reach out to Robert Villano, Cyber Manager at (877) 678-8080.
Or visit our Security Awareness Training page to learn more about how Sourcepass can help you build a human firewall for your business.