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Research Reveals Outdated Tools Present Compliance & Financial Hazards

Outdated tools are an invitation to cybersecurity risks.

Screenshot of spoofed email.

A third of surveyed organizations maintain over 25 published policies and over two-thirds sustain over five policies. Yet nearly two-thirds of surveyed organizations use inefficient spreadsheets to manage their compliance process.

Tampa Bay, Fla.-based KnowBe4, which provides security awareness training and simulated phishing platforms to more than 18,000 organizations worldwide, revealed results from a survey of 1,872 cybersecurity professionals on compliance management.

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Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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