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Effectiveness of social engineering awareness training in mitigating spear phishing risks in financial institutions from a cybersecurity perspective

Year: 2024

Type: article

Abstract: Spear phishing remains a critical cybersecurity threat to financial institutions, where attackers exploit human vulnerabilities to breach sensitive systems. This review paper explores the effectiveness of social engineering awareness training programs in reducing spear phishing risks within the financial sector from a cybersecurity perspective. By analyzing existing research, the paper assesses various training approaches, focusing on elements such as content relevance, delivery methods, and employee engagement. The review highlights how targeted awareness programs can enhance employees' ability to recognize and respond to phishing attempts, thereby strengthening overall cybersecurity defenses. The findings emphasize the importance of continuous, specialized training in fostering a proactive security culture and offer recommendations for optimizing awareness strategies to bolster cybersecurity resilience in financial institutions.

Source: Global Journal of Engineering and Technology Advances

DOI: 10.5281/zenodo.14921968

Authors: Victoria Bukky Ayoola, Ugoaghalam Uche James, Idoko Peter Idoko, Onuh Matthew Ijiga, Toyosi Motilola Olola

Institutions: National Open University of Nigeria, Prairie View A&M University, University of Ibadan, Joseph Sarwuan Tarka University Makurdi, University of North Dakota

Language: English

Topic: Spam and Phishing Detection

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: hybrid

OpenAlex ID: W6930320787

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