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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 launched the Security Culture Maturity Model, the first of its kind designed to assess corporate security culture maturity. This model, developed by KnowBe4 Research, categorizes organizations into five maturity levels from Basic Compliance to Sustainable Security Culture. Utilizing extensive data on security awareness and behavior, the model aims to provide actionable insights for enhancing organizational security. It is accessible for all and not just KnowBe4 customers, ensuring broad applicability for improving security practices.
KnowBe4 has released a new research report titled "Shadow IT Is Real," highlighting significant risks associated with employees using unauthorized file services for work. The study, based on survey responses from over 435,000 participants globally, indicates that half of employees engage in insecure practices, particularly in Asia and Oceania. The report notes that industries like finance and technology perform better, while construction and government lag. The chief research officer emphasizes the need for organizations to enhance their security culture and employee awareness to mitigate these risks.
KnowBe4, a leader in security awareness training, will present at the Berenberg Thematic Software Days Conference 2022 on March 1, 2022, at 1:00 pm ET. The event will be accessible via a live webcast, also archived on KnowBe4's investor relations site for 30 days. KnowBe4, with over 44,000 global organizations using its platform, focuses on addressing security threats like ransomware and CEO fraud through innovative training.
On February 24, 2022, KnowBe4 was recognized in CRN's annual Security 100 list, highlighting its leadership in security awareness training and simulated phishing. This accolade underscores KnowBe4's commitment to innovative security solutions, addressing the increasing concerns around cybersecurity amid hybrid-remote work environments. The Security 100 list identifies premier IT channel security vendors across five categories, emphasizing their role in providing advanced cybersecurity measures. KnowBe4's channel team enhancements were noted as contributing to this recognition.
KnowBe4 has announced a partnership with Kontra to enhance its training offerings with security application development courseware, marking an industry first for interactive developer training. This partnership aims to address increasing cybersecurity threats, emphasizing the importance of incorporating secure development practices early in the design process. The new courses, available to KnowBe4's Diamond level customers, will cover key areas like front-end development and the OWASP Top 10 Web vulnerabilities, providing organizations with essential tools to build security into their application frameworks.
KnowBe4 (NASDAQ: KNBE) reported its Q4 and FY 2021 financial results, showing a 40.6% increase in Q4 GAAP revenue to $69.3 million and a 40.8% increase in full-year revenue to $246.3 million. Cash flow from operations surged by 300.4% year-over-year. The company achieved a 44% increase in annual recurring revenue (ARR) to $285.4 million and added over 10,000 new customers. A CFO transition was announced, with Krish Venkataraman stepping down. The company expects Q1 2022 revenue between $72 - $73 million.
KnowBe4's PhishER has been named a leader in the G2 Grid Winter 2022 Report, marking a significant achievement for the third consecutive quarter. With a satisfaction score of 93 out of 100 from 54 reviews, PhishER ranks as the top security orchestration, automation, and response (SOAR) software. Key highlights include 98% user approval and a 92% recommendation rate. CEO Stu Sjouwerman emphasizes PhishER's impact on security teams, showcasing its effectiveness in managing email threats. For further details, visit KnowBe4.
KnowBe4 (NASDAQ: KNBE) is set to release its financial results for the fourth quarter and full year 2021 on February 16, 2022, after market close. The company will host a conference call and webcast at 4:30 PM ET to discuss these results. Known for its security awareness training and simulated phishing platform, KnowBe4 services over 44,000 organizations globally. The financial results news release will be available on their Investor Relations website ahead of the call.
KnowBe4 has launched a new Industry Benchmark feature that allows organizations to compare their security culture score with that of others in their industry. This feature leverages data from the Security Culture Survey (SCS) to provide insights on seven key dimensions of security culture. Customers can track changes over time and evaluate their security posture against industry averages. All KnowBe4 customers can access this benchmarking feature across training subscription levels, enhancing their ability to tailor security awareness training.
KnowBe4 announces the promotion of four leaders to executive and C-level positions, aiming to enhance leadership and growth within the organization. The promoted executives include John Just as Chief Learning Officer, Tony Jennings as EVP of International and Global Channel Sales, Mark Patton as EVP of Engineering, and Mike Santos as EVP of Global Customer Success. This move follows the promotion of 75 employees in Q4 2021, underscoring KnowBe4's commitment to talent recognition and strengthening its security awareness training services worldwide.
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