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KnowBe4 is a leading provider of security awareness training and simulated phishing platforms, serving approximately 60,000 organizations worldwide. Founded by IT and data security expert Stu Sjouwerman, the company focuses on addressing the human element of cybersecurity. KnowBe4’s innovative approach helps organizations raise awareness about threats like ransomware, CEO fraud, and social engineering tactics.
Tens of thousands of organizations globally rely on KnowBe4 to mobilize their end-users as the last line of defense against cyber threats. The company’s training programs are designed based on the expertise of well-known cybersecurity specialists, including the late Kevin Mitnick, KnowBe4's Chief Hacking Officer.
One of KnowBe4's latest achievements is the launch of PhishER Plus, a product that leverages a global user base trained to identify and report phishing attacks. This advanced tool includes exclusive features like the Global Blocklist and Global PhishRIP, which work to block and remove phishing emails before they reach users' inboxes.
The Global Blocklist compiles validated threats from over ten million trained users, automatically blocking new phishing attempts. The Global PhishRIP feature quarantines confirmed phishing threats, removing them even before they are reported within an organization.
KnowBe4 is also an active participant in National Cybersecurity Awareness Month (NCSAM), providing resources like awareness posters, cybersecurity tips, and on-demand webinars. These resources aim to build a solid foundation of cybersecurity practices both for individuals and businesses, focusing on key behaviors such as multi-factor authentication and recognizing phishing attempts.
The company continues to innovate and provide invaluable tools and training to help organizations enhance their cybersecurity posture, promoting a culture of security awareness and safe online practices.
KnowBe4 has released a report titled "More Training, Better Prepared", indicating that increasing the frequency of security awareness training significantly enhances employees' understanding of security instructions. The study, which analyzed responses from over 526,000 individuals worldwide, revealed that in 84% of cases, training improved clarity. Average clarity ratings stood at 70 out of 100, with notable industry variances. The report emphasizes that organizations should implement monthly or quarterly training to better prepare employees for potential security incidents.
KnowBe4 has released an updated report titled The Economic Impact of Cyber Attacks on Municipalities, highlighting the ongoing cybersecurity challenges faced by state and local governments. Key findings include significant underfunding in cybersecurity budgets, with only 18 states having dedicated budgets. The report indicates an average ransomware payment of $570,000 and stresses the need for improved security awareness training. It reveals that ransomware remains the primary cyberattack method, exacerbated by the shifting workforce due to COVID-19.
KnowBe4 has released its 2022 Security Culture Report, revealing a global improvement in security culture. Large organizations reported better attitudes, while small organizations excelled in other dimensions. Key findings highlight significant variations across regions, with South Africa showing high security culture and countries like Malaysia indicating low scores. The report, based on responses from over 530,000 employees across 2,910 organizations, emphasizes the importance of continuous security training. KnowBe4 aims to bolster security culture globally, using tools like the Security Culture Survey.
KnowBe4, provider of security awareness training, reported a 40.1% year-over-year increase in GAAP revenue for Q1 2022, reaching $75.0 million. Annual recurring revenue (ARR) also rose 37.6% to $305.9 million. The customer base grew to approximately 49,600, and strong cash flow was noted, with $25.1 million from operations and $23.4 million in free cash flow. The company expects Q2 2022 revenue between $78.5 and $79.5 million and full-year revenue of $331 to $333 million.
KnowBe4, Inc. (NASDAQ: KNBE) announced its financial results for Q1 2022 will be released before markets open on May 10, 2022. A conference call will follow at 8:30 am ET to discuss the results. Participants can access the call by dialing (888) 350-3846 or (646) 960-0251, using Conference ID 2935805. KnowBe4 is recognized for its security awareness training and simulated phishing platform, serving over 47,000 organizations globally. The press release emphasizes the company's proactive approach to security training.
KnowBe4 has released its Q1 2022 global phishing report, highlighting a rise in holiday-themed phishing emails that entice employees. The report identified HR-related messages, especially regarding holiday schedules, as particularly effective. Furthermore, emails related to COVID-19 and human resources ranked high among tempting phishing subjects. In Q1 2022, KnowBe4 analyzed numerous phishing attempts, underscoring the importance of employee vigilance against emotional manipulation in cyber attacks.
KnowBe4, a leader in security awareness training, announced it will host an analyst day on April 20, 2022, in Orlando. Starting at 2 PM, the company’s senior management will discuss its strategy and business developments. The event will include a live audio webcast accessible on the company’s website, which will be archived for one year. Attendance is limited to invitees, with analysts and institutional investors encouraged to contact Investor Relations for details.
KnowBe4 announced the appointment of
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