Wombat Security Technologies (Wombat), a leading provider of cyber security awareness and training solutions, today released a new report from leading Chief Security Officers (CSOs) and security experts that discusses how simulated phishing attacks can be an effective security awareness and training tactic to help companies educate employees how to avoid growing cyber security threats. This report gathers and analyzes the front line observations of security leaders from the major vertical sectors — such as finance, manufacturing, health, and entertainment — who have used a relatively new approach to user awareness: simulated attack training. The report discusses how practicing CSOs from Fortune 500 companies maximize the strengths and avoid the pitfalls in what can be a controversial, but is a very effective, method of training users to avoid being phished: learning by experience.