STOCK TITAN

Martha’s Vineyard Bank Fends off Phishing Threats With KnowBe4 for Over a Decade

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

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.

Positive
  • Long-term partnership with Martha's Vineyard Bank demonstrates customer satisfaction and loyalty.
  • KnowBe4 has expanded its offerings, now providing over 1,300 training items in more than 34 languages.
  • Implementation of innovative tools like PhishER enhances the bank's ability to manage phishing threats.
  • Employee attitudes towards cybersecurity have drastically improved, contributing to better security measures.
Negative
  • None.

Tampa Bay, FL, Oct. 26, 2021 (GLOBE NEWSWIRE) -- KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today celebrates over a decade working alongside Martha’s Vineyard Bank to improve the company’s security culture and awareness. The bank’s Training and Development Manager, John Shorrock, teamed up with KnowBe4’s CEO, Stu Sjouwerman, back in 2010 when the company was founded; therefore, making them one of KnowBe4’s longest-running customers.

Working in a highly regulated industry and managing a wealth of sensitive data, Shorrock learned early on the importance of cultivating a security-first mindset within the organization to protect their employees, customers and network in general. KnowBe4’s platform stood out to Shorrock due to its innovative, new-school approach, which sees a combination of interactive web-based training, mock attacks as well as informative vignettes. Equally, having a renowned former hacker, Kevin Mitnick, on board to demonstrate the inner workings of an attack provides another unique element to the training.

Together, the two companies have evolved for the better. In the last decade, KnowBe4 has added further features and tools to its vast portfolio; from a lightweight Security Orchestration, Automation and Response (SOAR) platform to manage high-volumes of malicious emails called PhishER, to an automated compliance audit platform and AI-enhanced, personalized phishing tests. KnowBe4’s library of content has since grown to well over 1,300 items in more than 34 languages as well. Simultaneously, Martha’s Vineyard Bank has witnessed drastic improvements in employee attitudes and behavior towards cybersecurity both at work as well as in their personal lives. Today, employees are bringing suspicious emails to the attention of the IT team, who have subsequently terminated many live attacks.

“We used to worry about bank robberies and now we really need to worry about phishing attacks on our information, particularly when working in an industry where privacy is paramount. We needed a partner that was on top of it and could educate our employees; but more importantly, bring the importance of cybersecurity to the forefront of their minds,” said John Shorrock, Training and Development Manager at Martha’s Vineyard Bank. “KnowBe4 has done that, creating the latest and greatest training content in the market. It has been a pleasure working with them and we have no intention of going anywhere.”

“Shorrock and his team are somewhat visionaries. They recognized the growing importance of cybersecurity at a time when few of their peers had likely considered it,” said Javvad Malik, Lead Security Awareness Advocate at KnowBe4. “There is no doubt that the threat landscape has changed drastically in size and sophistication, but we are humbled to support businesses like Martha’s Vineyard Bank for the last ten years and hopefully, for many more decades in the future.”

About KnowBe4
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 41,000 organizations around the globe. Founded by IT and data security specialist, Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud, and other social engineering tactics through a new-school approach to awareness training on security. Kevin Mitnick, an internationally recognized cybersecurity specialist and KnowBe4's Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as their last line of defense.


FAQ

What is the significance of the partnership between KnowBe4 and Martha’s Vineyard Bank?

The partnership signifies a decade-long commitment to improving cybersecurity awareness and culture within the bank.

How has KnowBe4's training content evolved over the years?

KnowBe4's training content has expanded to over 1,300 items and includes advanced tools for cybersecurity training.

What impact has KnowBe4's training had on Martha’s Vineyard Bank employees?

Employees have shown improved awareness and behavior regarding cybersecurity, actively reporting suspicious emails.

How does KnowBe4 help organizations manage phishing attacks?

KnowBe4 offers tools like PhishER to help organizations manage and respond to high volumes of phishing attempts.

Who is the CEO of KnowBe4?

Stu Sjouwerman is the CEO of KnowBe4, guiding its mission in cybersecurity training.

KNBE

NASDAQ:KNBE

KNBE Rankings

KNBE Latest News

KNBE Stock Data

5.56B
94.56M
Data Processing, Hosting, and Related Services
Information
Link