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On October 28, 2021, KnowBe4 released its Q3 phishing report, highlighting the rise of social engineering attacks targeting organizations. CEO Stu Sjouwerman emphasized the increasing sophistication of phishing tactics, focusing on common HR communications rather than traditional social media scams. The report detailed that the top phishing email categories globally were Business, Online Services, and Human Resources. Notably, the U.S. and EMEA regions exhibited different trends in phishing email subjects, underscoring the need for enhanced security awareness training among staff.
KnowBe4, a leader in security awareness training, celebrates over ten years of partnership with Martha’s Vineyard Bank. Since 2010, they have worked to enhance the bank's cybersecurity culture, adapting to an evolving threat landscape. Training Manager John Shorrock emphasizes the critical shift towards protecting against phishing attacks. KnowBe4's platform now offers over 1,300 training items and innovative tools like the PhishER platform. This collaboration has significantly improved employee awareness and behavior towards cybersecurity, addressing the growing importance of security in the banking industry.
KnowBe4 (NASDAQ: KNBE) announced its acquisition of SecurityAdvisor for approximately $80 million, to be settled with a mix of cash and stock. The deal, which is expected to close in Q4 2021, aims to enhance KnowBe4's security training platform by integrating SecurityAdvisor's technology, which correlates human behavior-driven security alerts with educational micro-learning opportunities. This acquisition is anticipated to expand KnowBe4's addressable market and strengthen its product offerings in combating social engineering attacks.
On October 14, 2021, Security Serious set a Guinness World Record for the most views of a cybersecurity lesson video in 24 hours, achieving 2,136 views. Hosted by KnowBe4's Javvad Malik and OneLogin's Niamh Muldoon, the training aimed to enhance cybersecurity awareness during Cybersecurity Awareness Month. The event adhered to Guinness World Records' guidelines, with an adjudicator confirming the record on October 15. Participants will receive a certificate for their involvement. This achievement underscores the importance of public cybersecurity education.
KnowBe4, Inc. (NASDAQ: KNBE) announced it will release its third quarter financial results on November 3, 2021, before the market opens. The company will host a conference call at 8:30 am ET on the same day to discuss these results. Financial details will be available on KnowBe4's Investor Relations website prior to the call. Founded by IT security expert Stu Sjouwerman, KnowBe4 provides the largest security awareness training and phishing simulation platform, serving over 41,000 organizations globally.
KnowBe4 has announced its commitment to The Climate Pledge, aiming for net-zero carbon emissions by 2040. Key initiatives include improving energy efficiency, achieving 25% renewable energy use by 2025, and implementing a zero-waste plan targeting 80% diversion from landfills in the first year. The company also aims for 100% clean energy by 2022 and has expanded its recycling program. Additionally, KnowBe4 is engaging employees in environmental clean-up efforts and has made significant contributions to ecological causes over the years.
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KnowBe4 (NASDAQ: KNBE) released its 2021 State of Privacy and Security Awareness Report, revealing gaps in U.S. employees' cybersecurity knowledge. The study surveyed 1,000 employees, finding only 48% believe their mobile devices are at risk from malware, and just 31% understand business email compromise. While 55% had continuous training during COVID-19 lockdowns, 91% of finance employees received training, indicating sector disparities. CEO Stu Sjouwerman emphasizes the need for improved security awareness to combat rising cyber threats.
KnowBe4 has launched a new Cybersecurity Awareness Month Resource Kit to support IT administrators in enhancing security awareness. This kit includes a guide, a weekly training planner, and two free training videos titled “Your Role: Internet Security and You” and “2021 Social Engineering Red Flags.” The initiative aligns with the National Cybersecurity Alliance's theme, encouraging individuals and organizations to strengthen their security practices. The resources aim to empower employees against increasing cyber threats and support year-long security initiatives.
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