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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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FAQ

What is the market cap of KNBE (KNBE)?

The market cap of KNBE (KNBE) is approximately 5.6B.

What is KnowBe4?

KnowBe4 is a provider of security awareness training and simulated phishing platforms, founded by Stu Sjouwerman.

Who founded KnowBe4?

KnowBe4 was founded by IT and data security specialist Stu Sjouwerman.

What is PhishER Plus?

PhishER Plus is a KnowBe4 product that blocks and removes phishing email threats using a global user base trained to identify phishing attacks.

How does the Global Blocklist work?

The Global Blocklist compiles validated phishing threats from over ten million trained users and automatically blocks new phishing attempts.

What is the Global PhishRIP feature?

Global PhishRIP identifies and quarantines confirmed phishing threats, removing them from users' inboxes even before they are reported.

How many organizations use KnowBe4?

Approximately 60,000 organizations globally use KnowBe4 for security awareness training.

What role did Kevin Mitnick play in KnowBe4?

Kevin Mitnick, a renowned cybersecurity specialist, was KnowBe4's Chief Hacking Officer and helped design their training programs.

What resources does KnowBe4 offer for NCSAM?

For National Cybersecurity Awareness Month, KnowBe4 provides a resource kit that includes awareness posters, cybersecurity tips, and an on-demand webinar.

What is the goal of KnowBe4's training programs?

KnowBe4's training programs aim to raise awareness about cyber threats and help organizations mobilize their end-users as a final line of defense.

How does KnowBe4 help organizations?

KnowBe4 helps organizations improve cybersecurity by offering training and tools to address the human element of security, thereby reducing the risk of cyber threats.

KNBE

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KNBE Stock Data

5.56B
94.56M
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