by Daniel J. Solove
It has long been difficult to quantify the ROI of data security awareness training.
But finally, I have been able to locate a number. According to a 2014 PricewaterhouseCoopers study: “The financial value of employee awareness is even more compelling. Organizations that do not have security awareness programs—in particular, training for new employees—report significantly higher average financial losses from cybersecurity incidents. Companies without security training for new hires reported average annual financial losses of $683,000, while those do have training said their average financial losses totaled $162,000.”