Summary: KnowBe4, a security awareness training and simulated phishing platform, is set to acquire Egress Software Technologies, a company specializing in cloud email security, in order to provide a single platform that offers AI-based email security and training tailored to risk.
Threat Actor: KnowBe4 | KnowBe4
Victim: Egress Software Technologies | Egress Software Technologies
Key Point :
- KnowBe4 is acquiring Egress Software Technologies to create a unified platform that combines threat intelligence, AI-based email security, and tailored training.
- Egress provides an email security platform that assesses human risk, adapts policy controls, and defends against phishing attacks and data breaches.
- The acquisition aims to enhance email protection, provide deep visibility into human risk, and deliver instant value to customers.
KnowBe4, a Tampa Bay, FL-based provider of security awareness training and simulated phishing platform, is to acquire Egress Software Technologies, a London, UK-based company which specializes in adaptive and integrated cloud email security.
The amount of the deal was not disclosed.
By acquiring Egress, KnowBe4 plans to deliver a single platform that aggregates threat intelligence dynamically, offering AI-based email security and training that is automatically tailored relative to risk.
Led by Tony Pepper, CEO, Egress provides an email security platform to continuously assess human risk and dynamically adapt policy controls, preparing customers to defend against advanced phishing attacks and outbound data breaches before they happen. Leveraging contextual machine learning and neural networks, with integration using cloud-native API architecture, it offers enhanced email protection, deep visibility into human risk, and instant time to value.
Led by Stu Sjouwerman, CEO, KnowBe4 provides a security awareness training and simulated phishing platform, which is used by more than 65,000 organizations around the globe. Organizations use it to mobilize their end users as their last line of defense and to strengthen their security culture and reduce human risk. It is used by more than 65,000 organizations around the globe.
FinSMEs
24/04/2024
Source: https://www.finsmes.com/2024/04/knowbe4-to-acquire-egress.html
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